XTO Energy (XTO)

[MrBankRoll]

Exxon (XOM) Gets OK from U.S. Antitrust Regulators for XTO Energy (XTO) Merger - DJN

http://www.streetinsider.com/Mergers+and+Acquisitions/Exxon+%28XOM%29+Gets+OK+from+U.S.+Antitrust+Regulators+for+XTO+Energy+%28XTO%29+Merger+-+DJN/5443474.html

[perojo]

XTO Energy Reserves Jump to Record 14.83 Tcfe

XTO Energy Reserves Jump to Record 14.83 Tcfe

[Hot For Stock]

Yeah I haven't seen to many green deals working out strong but solar has been amazing. I am currently very bullish on solar as well as energy plays. I have been playing the trends on big oil but am looking for some small cap plays that might have significant potential.

[JPK1]

I hold approx 60% of my portfolio currently heavily invested in oil/gas/gold/mining/and deep water exploration co's/financials with GS,V. 20% in big board tech, 5% in solar/green tech which has not worked out so well for me. I lost a bunch on ESLR/FCEL earlier this year after a failed green tech 'Obama bounce'I was hoping for...LOL. Should have played large cap solar!(kickin myself now). GLTY, holding this one LONG.

[Hot For Stock]

We seem to be on the same page. I am also very bullish solar for 2010, what about you?

[JPK1]

Some nice pics you have there. I agree with your thoughts. I have been following the 'natural gas curve' for awhile now and have been waiting for the bottom. Have a couple holdings currently and will patiently hold for 3-6 mos time frame. GLTY

[Hot For Stock]

As hot of a commodity as oil is, I’m predicting natural gas is going to be even hotter in 2010. With a shaky economy and a world wide demand for a cleaner energy source for our environment I’m going to jump into January with a handful of natural gas stocks. Some of my favorites are Chesapeake Energy Corp (CHK) up over 8.5% today alone, XTO who has just recently been purchased by Exxon Mobil (XOM), and Canadian Solar, Inc (CSIQ) that keeps going stronger; just to name a few.

[JPK1]

NP, sure glad I held long on this, GLTA here.

[alhigou]

Technically, XTO has been showing support around $42.24 and resistance in the $49.93 range. The buy rating is set to 6 (very strong) this morning with the $62.17 target price in six months.

http://www.9trading.com/index.php?symbol=xto

[Susie924]

Wow!

I'm sorry I sold now!

[MrBankRoll]

Exxon Mobil Corporation and XTO Energy Inc. Announce Agreement

Business Wire

Exxon Mobil Corporation (NYSE: XOM) and XTO Energy Inc. announced today an all-stock transaction valued at $41 billion. The agreement, which is subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil’s position in the development of unconventional natural gas and oil resources.

Under the terms of the agreement, approved by the boards of directors of both companies, ExxonMobil has agreed to issue 0.7098 common shares for each common share of XTO. This represents a 25 percent premium to XTO stockholders. The transaction value includes $10 billion of existing XTO debt and is based on the closing share prices of ExxonMobil and XTO on December 11, 2009.

http://money.aol.com/rtn/pr/exxon-mobil-corporation-and-xto-energy-inc-announce-agreement/rfid280109265?channel=pf

[MrBankRoll]

Funny thing happened the other day..... An old friend was telling me about mineral rights he'd inherited from his grandparents from North Dakota...... Yep, XTO Energy is the one he's been dealing with....

[oilslick]

Thanks for your reply today, JPK1. I totally agree with your thoughts on this company. All in due time.

Take care & GLTY,
oilslick

[oilslick]

This is one heck of a company. You'll have more days like this one in the future, IMO. An excellent buy & hold right now, IMO.

GLTY & all here in XTO!

[JPK1]

Major mover today, glad I held on. GLTY

[Vulcanized Crawler]

cantthisdoghunt?

[MrBankRoll]

XTO Energy (XTO) Increases Quarterly Cash Dividend

XTO Energy Inc. (NYSE: XTO) has increased its quarterly cash dividend to 12.5 cents per share, up from 12 cents per share. The dividend is payable on April 15, 2009 to stockholders of record at the close of business on March 31, 2009.

"XTO Energy continues to perform as a financially strong company and an attractive investment. Even within these challenging times, we expect to increase cash flow in 2009 and achieve record performance," stated Bob R. Simpson, Chairman and Founder. "

[MrBankRoll]

XTO in Exxon's sights?

Exxon: Waiting for the tiger to pounce
The company is sitting on a pile of cash, and some think it may soon buy another major oil firm.

Last Updated: January 5, 2009: 11:45 AM ET

NEW YORK (CNNMoney.com) -- Exxon Mobil is sitting on a massive pile of money.

Thanks to record oil prices over the last few years and a cautious investment strategy that drew fire from critics, the company has nearly $40 billion in cash reserves. It has another $225 billion in repurchased stock tucked away for a rainy day.

That's enough money to pay a nearly 60% premium, in cash, for every share of its next largest competitor - Royal Dutch Shell (RDSA).

Some analysts think it may do something just like that.

"It's not if, it's when and which [company]," said Fadel Gheit, a senior energy analyst at the investment bank Oppenheimer.

Gheit is in the minority of oil analysts, but he's still convinced Exxon's target will be one of the big oil firms.

"When Exxon came calling last time, they didn't dial the little guys," he said, referring to the 1999 takeover of Mobil, then the country's second-largest oil company. "It has to be a big one in order to move the needle."

Exxon management: Tough as nails
Shrewd management has put Exxon (XOM, Fortune 500) in this position to buy.

Over the last five years oil companies worldwide have scrambled to develop new projects to take advantage of oil's rising price - often paying exorbitant sums for leases, drilling rigs and other assets needed to bring crude to market.

But not Exxon. Although criticized for not doing enough to pump more crude, the company has maintained the price spike was temporary, and that it wouldn't overpay for projects.

The position has paid off. With crude prices crashing, many oil firms are now deep in debt and stuck with expensive projects.

Share prices of the majors have fallen in line with the broader stock market.

Shell is down 35% in the last 6 months. Chevron (CVX, Fortune 500) and BP (BP) are off about 30%.

Shares in many other oil firms that rushed to expand over the last few years are down even more.

But Exxon has lost just 10%.

"It's hard to question their management style and expertise," said Ken Carol, an oil company analyst at the investment bank Johnson Rice & Co. "They've been proven absolutely correct."

For Exxon, taking over another big firm would give it much-needed oil reserves in a time when the multinational oil companies find themselves increasingly locked out of the best new oil plays by national firms like Russian's Gazprom, Saudi Arabia's Aramco or Venezuela's PDVSA.

It would also give it more financial muscle when negotiating with these governments.

Is Shell in Exxon's sights?
A deal with Shell might be particularly sweet for Exxon's ego.

The two firms have been archrivals since the early days of the oil barons, with the Anglo-Dutch Shell and John D. Rockefeller's Standard Oil, which spawned Exxon, going head to head in markets around the globe.

Competition and price wars were fierce, and several times during the late 1800s and early 1900s men in gray suits crossed the Atlantic looking to strike a deal between the world's two giant firms - to no avail.

But Carol, like most other oil analysts, doesn't think Exxon will go for one of the big players.

"Never say never, but that's not their history," he said. "They tend to be very conservative."

A more cautious approach would be to buy one of the smaller independent companies.

Gheit said if Exxon doesn't go for a major company, firms with lots of debt could make good targets.

Those include XTO (XTO, Fortune 500), Chesapeake (CHK, Fortune 500), Anadarko (APC, Fortune 500) and Pioneer (PXD), according to their balance sheets.

A smaller firm would give Exxon more of a specialty in a particular area - like oil production in the case of Anadarko or natural gas in the case of XTO - rather than mimic the capabilities, and liabilities, they already have as an integrated firm.

"Ultimately, Exxon will do something with this money," said Blake Fernandez, an integrated oil analyst at the New Orleans-based investment bank Howard Weil. "But why would they buy someone with the same growth problems they've got?"

An even safer option would be to buy leases from distressed companies looking to raise cash, or to develop leases it already has. The company may also find some bargains overseas, as declining oil prices may spur foreign governments to make more leases available.

Exxon itself has certainly left the door wide open to doing any or all of the above.

"We're watching the valuations of a broad range of companies, just as we've done all the time," Exxon boss Rex Tillerson told reporters at a recent industry gathering. "Just have to wait and see."

[Vulcanized Crawler]

OBAMA WILL HELP GAS....HE FAVORS US GAS
Heavy construction isn't the only industry placing bets on the new administration. Investors in XTO Energy are hoping that Obama's acceptance-speech pledge to tap the country's natural gas reserves will serve as a boon to the industry. CAPS All-Star anasr thinks the stock will initially walk in lockstep with oil, but that both will ultimately experience a strong upward surge:

XTO Energy will benefit from the current strong preference for natural gas as a partial substitute to oil. Natural gas is cleaner and cheaper than oil and the US is said to be 'floating' on that fuel. Besides, US President-elect has made it clear that he has a preference for natural gas. XTO is therefore one of a category of stocks that will benefit from the inevitable global veering toward natural gas. I expect XTO will move in lockstep with oil prices when these resume their ascending trend

[futrcash]

Looking Awfully Tempting Down Here!...eom

[Vulcanized Crawler]

suzie?

[MrBankRoll]

My Gawd! What did Susie do?

[Vulcanized Crawler]

we shall recover all in time

[Vulcanized Crawler]

rebound from 43 happening ....52 and up

[Vulcanized Crawler]

NEW YORK (Reuters) - Oil and gas producer XTO Energy Inc (XTO.N: Quote, Profile, Research, Stock Buzz) on Tuesday said earnings rose 33 percent on higher production and natural gas prices, and announced deals for more than $2 billion on new properties.

Those purchases include an $800 million buy in Texas' Barnett Shale. The company, which agreed last month to buy privately held Hunt Petroleum Corp for around $4.2 billion, has made more than $10 billion in acquisitions this year.

XTO boosted its 2008 and 2009 output forecasts due in part to recent acquisitions and lifted its capital budget for the year.

Net income in the quarter rose to $575 million, or $1.11 a share, from $432 million, or 91 cents a share, last year.

Excluding one-time items, the company said it earned $1.07 a share in the quarter. Analysts on average had expected the company to earn $1.04 a share, according to Reuters Estimates.

Natural gas and oil production in the quarter rose 29 percent from last year to 2.20 billion cubic feet equivalent per day. Its average realized price for natural gas rose 7 percent to $8.51 per thousand cubic feet.

XTO said it expects production growth of at least 29 percent in 2008 as well as 22 percent growth in 2009.

Given the company's production growth and acquisition pace, Chief Executive Bob Simpson said XTO could double in size over a four-year period.

XTO said on Tuesday it would buy 12,900 acres adjacent to its current operations in the Barnett Shale for $800 million, adding output of 35 million cubic feet of natural gas equivalent per day. Continued...


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[Vulcanized Crawler]

xto will rise as soon as we see the qtr results, happening soon. hold your water, this baby has yet to begin. gas is the one. even cramer buys that.

[Vulcanized Crawler]

even though last monday we took a hit, we have recovered some and gas prices continue to rise, so expect xto to rise with them soon. while the rest of the nyse took a big hit, xto has maintained and is going up. this is a company that adds properties regularly and is a growth company to the max.

[Vulcanized Crawler]

XTO ON BUYING SURGE....
GONA BE VERY VERY BIG IN GAS N OIL
NEW YORK (MarketWatch) -- XTO Energy Inc. (XTO:XTO
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Last:


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XTO, , ) on Tuesday said it'll buy closely held Hunt Petroleum Corp. for $4.19 billion in cash and stock, as the Fort Worth, Texas, natural gas and oil producer moved to boost its reserves and production. XTO Energy said Hunt Petroleum's proved reserves total about 1.052 trillion cubic feet of natural gas equivalent in East Texas, Louisiana and in the Gulf of Mexico. About 62% of the reserves are proved and developed. Daily production of 197 million cubic feet, 8,500 barrels of oil and 2,300 barrels of natural gas liquids will be added to XTO's production base upon closing of the transaction. "Simply put, the majority of these properties equate to a super-charged bolt-on for XTO," the company said.
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Comments: 1

Hunt's a genius. Anticipating the coming of the next major nuclear energy agethat will make the USA energy independent by 2017 Hunt is divesting himself of as much of oil - the boutique fuel of the future, as possible. I'm impressed. I am not joki...

- ROMO3

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SentHunt's a genius. Anticipating the coming of the next major nuclear energy agethat will make the USA energy independent by 2017 Hunt is divesting himself of as much of oil - the boutique fuel of the future, as possible. I'm impressed. I am not joking either and I really know what I am talking about - keep your eyes open...
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[Vulcanized Crawler]

CONTINUES TO CLIMB

[Vulcanized Crawler]

xto up 6%+ and ready to move more....run!!!

[Vulcanized Crawler]

you didnt say that. looked like just another spammer to me, but, what do i know. i m invested in xto. but, ill look at all. dont get upset now....didnt mean it that way

[ecommceo]

I did not post on this board to advertise HMGP. I posted on XTO board because I own shares in it and also I have heard they might be looking at HMGP (to buyout) and their leases. But ok, I will let you post by yourself. :)

KING

[Vulcanized Crawler]

THIS IS THE XTO BOARD
there are lots of other plays, but, xto is the one here as this is it's home. anything to do with energy, and especially gas, will have it's day soon. even boone pickents, mister oil, is saying gas is right around the corner.

i just put a large position into xto after extensive research. wish i was faster, as i could have gotten it a few day earlier at 60 or below, but, have to remember not to worry, greed is good, and there is enough to go around

[ecommceo]

With the idea of gas exploding. Take a look at HMGP. They are in the region of XTO and have massive reserves.

KING

[Vulcanized Crawler]

xto to the moon. lol. it's on it's way
that's the truth. gas is the next one to rise and it has begun. even crammer had to admit it. xto with their buy into the east usa shale....will explode and are well positioned to continue to grow. now if they get known, the heights of the stock are unlimited.

since when they came out in the 90s, if you count splits, it would be over 900 per share. this is a keeper. gas has yet to explode , as all the eyeballs are on oil.

[MrBankRoll]

I guess some people don't like record production and earnings........

April 23, 2008 - 8:31 AM EDT

XTO Energy Announces 1Q Earnings and Record Production
FORT WORTH, Texas, April 23 /PRNewswire-FirstCall/ -- XTO Energy Inc. (NYSE: XTO) today reported record first quarter 2008 production of 2.11 billion cubic feet equivalent (Bcfe) per day, up 32% from the first quarter 2007 level of 1.60 Bcfe per day. Total revenues for the first quarter were $1.67 billion, a 43% increase from $1.17 billion the prior year. Earnings for the quarter were $465 million, or $0.94 per share ($0.92 diluted), compared with first quarter 2007 earnings of $383 million, or $0.83 per share ($0.82 diluted). First quarter 2008 earnings include the effects of a non-cash derivative fair value gain. Excluding this non-cash change, the Company's adjusted earnings were $456 million, or $0.92 per share ($0.91 diluted), compared to first quarter 2007 adjusted earnings of $406 million, or $0.89 per share ($0.87 diluted).(1)

[Susie924]

Another high for the year

[MrBankRoll]

One bright spot in todays sea of red....

[frenchee]

Congrats Susie924!

[Susie924]

I've had this one for well over a year and I've done very well with it.

[frenchee]

Play #1: Undervalued Natural Gas Stocks

To play natural gas, I favor producers and drillers in the U.S. One example would be XTO Energy (XTO). It is a natural gas producer with properties in Texas, Oklahoma, Kansas, New Mexico, Colorado, Arkansas, Wyoming, Louisiana and Alaska.

The company has proved reserves of 6.9 trillion cubic feet of natural gas, 214.4 million barrels of oil, and 53 million barrels of natural gas liquids.

And I consider it cheap. It trades at around 15 times trailing earnings, a discount to the peer group average of 22.5.

Source: Sean Brodrick, 13 Feb 08

[MrBankRoll]

Dry New Year in California Could Boost Natural Gas

If long-range weather forecasts hold up, California could have another drier-than-normal year in 2008. Citi Investment Research analyst Gil Yang says that could mean less hydroelectric power generation and more demand for natural gas to fuel power plants.

"Early readings for the summer of 2008 suggest that snowpack in California is running at just about 60 percent of normal for this time of year - about in line for this time last year," Yang said in a note to investors.

The analyst said an additional 122 billion cubic feet of natural gas was consumed in California in 2007 compared with 2006. The state had one of the driest summers on record this year.

Yang thinks Southwestern Energy, Quicksilver Resources, EOG Resources , Chesapeake Energy and XTO Energy stand to benefit from higher natural gas demand this year.

http://money.aol.com/news/articles/_a/energy-sector-roundup-oil-drifts-lower/n20071231164409990013

[Susie924]

Thanks!

I wasn't aware of that.

[MrBankRoll]

XTO Energy sets 5-for-4 stock split

Wed Nov 14, 2007 6:25pm EST (Reuters) - Natural gas producer XTO Energy Inc (XTO.N: Quote, Profile, Research) said its board declared a 5-for-4 stock split and will maintain its quarterly cash dividend of 12 cents a share, effecting a 25 percent dividend increase.

The company said the split is to be effected in the form of a stock dividend and the stock should begin trading on a post-split basis from Dec. 14.

[frenchee]

XTO starting to loose its "mo" on both daily and weekly charts.

[frenchee]

Possilbe double top forming on the daily XTO chart. Time to tighten up your stop if long...

[MrBankRoll]

7.75!?!?!?! That's less than it started trading at 2 and a half years ago...

[frenchee]

The weekly charts suggests no significant support until the 7.75 area. Another possible support area is around the potential support trend line shown on the charts below.

One reliable sign the intermediate-term trend is changing will be when we get a weekly close greater than PEIX's 21-week SMA.

[MrBankRoll]

Cool. What does the crystal charts have in store for PEIX?

[frenchee]

Nice break of the upper resistance trend line today. This is usually a stong indication of further gains ahead.