Debt IncreaseTotal debt increases to $7.7 billion post-close, though net leverage remains within EOG's target.
Production CutsEOG is cutting one rig from the 16 rig program it has run consistently since 2023, with net completions cut from 375 to 360, and full-year oil production lowered.
Stock ValuationThe stock already trades at a premium, and more execution is needed to prove the Utica can stand alongside other foundational plays.