CEOWORLD Magazine (Free subscription) | 21/11/2008
XTO Energy Inc. (NYSE: XTO) announced today the promotion of Keith A. Hutton to Chief Executive Officer of the Company from his position as President. Bob R. Simpson, a founder of the Company in 1986 and Chief Executive Officer since 1993, will continue in his dedicated and active leadership role as the Chairman of [...]
Dallas Morning News (Free subscription) | 24/11/2008
It's a sign of the hard economic times: As Bob Simpson, one of North Texas' highest-paid chief executives, gives up the corner office, XTO Energy Inc. capped his successor's cash compensation at $12.5 million. Last year, Mr. Simpson took home $36.8 million in salary and bonus pay. Add stocks and options, and his total compensation was $47.3 million, making him the second-highest-paid...
CEOWORLD Magazine (Free subscription) | 21/11/2008
XTO Energy Inc. (NYSE: XTO) today announced that its Board of Directors has approved a 2009 capital budget for development and exploration expenditures of $3.3 billion. An additional $500 million has been budgeted for the construction of pipeline infrastructure and compression and processing facilities. With these expenditures, the Company plans to increase 2009 production [...]
Market Watch (Free subscription) | 20/11/2008
NEW YORK (MarketWatch)-- XTO Energy Inc. said Thursday its board of directors has approved a 2009 capital budget for development and exploration expenditures of $3.3 billion. An additional $500 million has been budgeted for the construction of pipeline infrastructure and compression and processing facilities, it said. The outlays will increase 2009 production volumes by 18% over 2008...
SeekingAlpha Energy Stocks (Free subscription) | 06/11/2008
XTO Energy, Inc. (XTO) Q3 FY08 Earnings Call Complete Story »
Market Watch (Free subscription) | 05/11/2008
NEW YORK (MarketWatch) -- XTO Energy Inc. said Wednesday that third-quarter earnings rose to $521 million, or 94 cents a share, compared to $412 million, or 84 cents a share, in the same period a year ago. Adjusted earnings were 99 cents a share. Revenue was $2.13 billion compared $1.42 billion. Analysts polled by FactSet Research estimated, on average, earnings per share of $1.03 and...
The Dallas Business Journal (Free subscription) | 05/11/2008
Natural gas producer XTO Energy Inc. said Wednesday the company’s third-quarter profit rose 26 percent as daily gas production rose 25 percent over the same period a year ago to a daily average production of 1.95 billion cubic feet. (XTO)
Business Wire (Free subscription) | 30/10/2008
Zacks Analyst Blog Highlights: XTO Energy Inc., Aluminum Corporation of China, Ltd., Qualcomm, Inc., Nokia Corp. and Grupo Aeroportuario del Sureste, S.A. de C.V.XTO Energy Inc. (NYSE: XTO), Aluminum Corporation of China, Ltd. (NYSE: ACH), Qualcomm, Inc. (Nasdaq: QCOM), Nokia Corp. (NYSE: NOK) and Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE: ASR). ...
PR News Wire (Free subscription) | 05/11/2008
FORT WORTH, Texas, Nov. 5 /PRNewswire-FirstCall/ -- XTO Energy Inc. (NYSE: ) announced today production results from wells drilled in multiple regions on its newly acquired property base. In the Bakken Shale play of North Dakota, the Company has now completed 5 wells with average production rates of 673 barrels of oil equivalent per day, primarily producing from the Middle Bakken shale...
PR News Wire (Free subscription) | 05/11/2008
FORT WORTH, Texas, Nov. 5 /PRNewswire-FirstCall/ -- XTO Energy Inc. (NYSE: ) today reported third quarter 2008 production of 2.39 billion cubic feet equivalent (Bcfe) per day, up 24% from the third quarter 2007 level of 1.93 Bcfe per day, and up 9% sequentially from 2.20 Bcfe per day in second quarter 2008. Total revenues for the third quarter were a record $2.13 billion, a 50% increase...
PR News Wire (Free subscription) | 24/10/2008
FORT WORTH, Texas, Oct. 24 /PRNewswire-FirstCall/ -- XTO Energy Inc. (NYSE: ) today updated its price hedges for future sales of natural gas and oil production for 2009 and 2010. "We have now hedged approximately 70% of our expected production in 2009 at an equivalent price of $11.00 per Mcfe. Given these hedges and the current commodity strip pricing, XTO anticipates record cash flow...
Philadelphia Inquirer (Free subscription) | 13/11/2008
Tom Hunt, 85, the former chairman of Hunt Petroleum Corp. and nephew of famed oilman H.L. Hunt, has died. Mr. Hunt, whose uncle was once among the richest men in America, died Tuesday of leukemia at a Dallas hospital. His death comes about five months after he helped engineer the $4.19 billion sale of Hunt Petroleum to XTO Energy Inc., which confirmed his death. Mr. Hunt was a savvy businessman...
The Dallas Business Journal (Free subscription) | 20/11/2008
The board of natural gas producer XTO Energy Inc. has approved $3.3 billion to cover development and exploration initiatives, the company says. (XTO)
Dallas Morning News (Free subscription) | 20/11/2008
Fort Worth-based natural gas producer XTO Energy Inc. on Thursday said it has budgeted $3.3 billion for development and exploration expenditures in 2009. In addition, $500 million has been budgeted for the construction of pipeline infrastructure and compression and processing facilities. The company also said it would commit $1.25 billion to debt reduction. The company said it expects...
EmailWire.Com (Free subscription) | 08/11/2008
(EMAILWIRE.COM, November 08, 2008 ) DALLAS, Texas Beacon Equity Research announces the release of Trade Alerts covering recent analyst upgrades: Health Net Inc. (NYSE: HNT), ANSYS Inc. (Nasdaq: ANSS), XTO Energy Inc. (NYSE: XTO), W&T Offshore Inc. (NYSE: WTI), Catalyst Health Solutions Inc. (Nasdaq:...
