EOG acquires Encino Acquisition Partners for $5.6bn, strengthening presence in Utica shale play

From Yahoo Finance: 2025-06-02 07:17:00

EOG Resources has agreed to purchase Encino Acquisition Partners for $5.6bn, expanding its presence in the Utica shale play with 1.1 million net acres and over two billion bboe/d resources. The deal is expected to boost EOG’s EBITDA by 10% and generate $150m in synergies. The acquisition supports EOG’s dividend increase and strategic growth plans.



Read more at Yahoo Finance: EOG strengthens Utica presence with $5.6bn acquisition deal