EOG Resources acquires Encino Acquisition Partners for $5.6B in cash

EOG RESOURCES INC

Purchase price of $5.6B in cash, subject to customary adjustments for cash, debt, working capital, and transaction expenses.
Transaction includes acquisition of all equity interests from Encino Acquisition Partners, CPPIB, and other sellers.
Closing conditions include expiration of HSR waiting period and no law prohibiting transaction; target closing by May 30, 2026, extendable to Aug 31, 2026.
Termination fee of $392M payable under specified circumstances if deal fails.

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