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Home > Company Index > Energy > Oil & Gas Exploration & Production > XTO Energy Inc.

XTO Energy Inc.
NYSE: XTO
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 NEWS FROM THE WIRES
XTO locks in cash flow with 2002 gas price hedges
Aug 08 2001 08:39 AM PDT

XTO shares advance on record output, earnings
Jul 26 2001 10:54 AM PDT

More WIRE STORIES about this company

 PROFILE
XTO Energy (formerly known as Cross Timbers Oil) doesn't have to cross its fingers and hope its fields produce oil and gas. It buys mostly long-lived producing properties, and has begun more exploration of unproved reserves. The large independent's holdings are mainly in Alaska, Arkansas, East and West Texas, Kansas, New Mexico, Oklahoma, and Wyoming. XTO Energy owns interests in about 6,900 wells and operates gas gathering systems in Arkansas, Kansas, Oklahoma, and Texas. Natural gas accounts for 76% of sales. The firm has proved reserves of about 58.4 million barrels of oil, 1.8 trillion cu. ft. of natural gas, and 22 million barrels of natural gas liquids.

 COMPETITION
Apache Corporation (APA)
BP p.l.c. (BP)
Exxon Mobil Corporation (XOM)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 600.90
1-Yr. Sales Growth: 76.1%
Employees: 651
Revenue per employee: $923,041.47

 KEY PEOPLE
• Bob R. Simpson
    CEO
• Louis G. Baldwin
    CFO

 CONTACT INFO
810 Houston St., Ste. 2000
Fort Worth, TX 76102
US
Phone: 817-870-2800
Fax: 817-870-1671
Online: Web Site

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