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Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

Oil & Gas 360º

NASDAQ:FANG) (Diamondback), and Sitio Royalties Corp. NYSE:STR) (Sitio) today announced that they have entered into a definitive agreement under which Viper will acquire Sitio in an all-equity transaction valued at approximately $4.1 About Sitio Royalties Corp. billion, including Sitios net debt of approximately $1.1

Royalty 130
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EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5%

Oil & Gas 360º

EOG ) today announced a definitive agreement with Canada Pension Plan Investment Board (CPP) and Encino Energy under which EOG will acquire Encino Acquisition Partners (EAP or Encino) for $5.6 quantities of oil and gas that are estimated to be recoverable with a high degree of confidence), but also probable reserves (i.e.,