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Simmons Raises Price Target on EOG Resources (EOG) Following Yates Acquisition

Go back to Simmons Raises Price Target on EOG Resources (EOG) Following Yates Acquisition

EOG Resources and Yates Agree to Combine in Transaction Valued at $2.5 Billion

September 6, 2016 7:04 AM EDT

HOUSTON and ARTESIA, N.M., Sept. 6, 2016 /PRNewswire/ --

Creates Combined 424,000 Net Acre Position in the Delaware Basin Initiates Foothold in Emerging Northwest Shelf Plays of 150,000 Net Acres Raises Position in Permian Basin and Adjacent Plays to 574,000 Net Acres Doubles Powder River Basin Position Encompassing 400,000 Net Acres

EOG Resources, Inc. (NYSE: EOG) (EOG) and Yates Petroleum... More