XTO Energy XTO
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Chevron: Ready To Skyrocket On Natural Gas Rebound
… Exxon Mobil ( XOM ) became the largest producer of natural gas in the U.S. after its 2010 acquisition of natural gas player XTO Energy and Royal Dutch Shell ( RDS.A ) snapped up around $11 billion in leases on North American natural gas plays, Chevron limited …
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More on Hugoton Realty Trust ([[HGT]] -23%): The company disclosed late Friday it will bear ~80% of a $29.6M XTO Energy (XOM) settlement, which is expected will cause costs to exceed revenues for HGT ...
More on Hugoton Realty Trust ( HGT -23% ): The company disclosed late Friday it will bear ~80% of a $29.6M XTO Energy ( XOM ) settlement, which is expected will cause costs to exceed revenues for HGT in its Oklahoma and Kansas properties …
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Chesapeake Asset Sale Machine Announces $2.6 Billion in Mid-Continent Transactions
… well as a third deal struck with ExxonMobil XOM subsidiary XTO Energy . First, the financial transaction: Chesapeake sold preferred ..... net acres of non-strategic Texoma Woodford leasehold to XTO Energy for $590 million, or about $10,000 per net acre. The …
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New Morningstar Analyst Report - ExxonMobil Corporation
… as president. He has spent his career with Exxon, beginning in 1975 as a production engineer. The recent acquisition of XTO Energy raised concerns that he may be straying from the returns-focused strategy that has made ExxonMobil great. However, we …
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5 Oil & Gas Stocks Riding A Wave Of Uncertainties
… operations to things they currently consider side projects. Exxon Mobil Corporation ( XOM ) made a bold decision to buy out XTO Energy in 2009 as a foray into the natural gas industry, which only sells at about $3 per mcfe (thousand cubic feet) these days …
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Wall Street Breakfast: Must-Know News
… 000 acres in the Marcellus Shale, which stretches beneath several eastern states, and follow Exxon's $34.9B buy of XTO Energy last year. Although heavy supplies have hit gas prices, Exxon believes that in the long term, power generation in developing …
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Exxon Mobil Well Positioned for Furnishing Gains to Investors
… the unfortunate nuclear disaster in Japan. Adding financial appeal to last year’s acquisition of natural gas producer XTO Energy , Chief Executive Rex Tillerson declared at the analyst meeting on March 9 that XOM will have already repurchased 40% of …
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Oakmark Equity and Income Fund Letter to Shareholders
… s previous history with Burlington Resources and XTO Energy ). Cenovus is one of the leading participants in what ..... ITT Corp. 2.4%, Burlington Resources Inc. 0%, XTO Energy , Inc . 0%, Cisco Systems, Inc. 0.7%, Microsoft Corp …
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The Shift From Oil to Natural Gas Seems to Be Gaining Momentum
… following big transactions in the oil and gas sector; Royal Dutch Shell ( RDS.A ) announced it would pay $4.7 billion for most of East Resources' shale gas assets; ExxonMobil ( XOM ) paid $31 billion for XTO Energy , the Complete Story »
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Chesapeake Energy's Asset Sales May Be Inflection Point
… Chesapeake Energy is the second largest natural gas producer in the US, only trailing Exxon Mobil ( XOM ), which acquired XTO energy last year. The company produced 2.6 bcf/day of natural gas in the last quarter of 2010, with about 1.7 bcf/day of …