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BRIEF-EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy
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BRIEF-EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy
May 30, 2025 6:13 AM

May 30 (Reuters) - EOG Resources Inc ( EOG ):

* EOG RESOURCES TO ACQUIRE ENCINO ACQUISITION PARTNERS FROM

CPP

INVESTMENTS AND ENCINO ENERGY, STRENGTHENING PREMIER UTICA

ASSET; INCREASES REGULAR DIVIDEND 5%

* EOG RESOURCES INC ( EOG ) - TO BUY ENCINO ACQUISITION PARTNERS FOR

$5.6

BILLION

* EOG RESOURCES INC ( EOG ) - EXPECTS $150 MILLION OF SYNERGIES IN

FIRST

YEAR

* EOG RESOURCES INC ( EOG ) - ACQUISITION TO BE FUNDED THROUGH $3.5

BILLION DEBT AND $2.1 BILLION CASH

* EOG RESOURCES INC ( EOG ) - DEAL IMMEDIATELY ACCRETIVE TO EOG'S

NET

ASSET VALUE AS WELL AS ALL PER-SHARE FINANCIAL METRICS

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