November 20, 2014 4:54 PM ET

Oil, Gas and Consumable Fuels

Company Overview of XTO Energy Inc.

Company Overview

XTO Energy Inc. extracts natural gas from the U.S. shale and other tight formations. It also produces crude oil and natural gas liquids in the United States. The company primarily operates in Alaska, Arkansas, Colorado, Kansas, Louisiana, Montana, New Mexico, New York, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. XTO Energy Inc. was formerly known as Cross Timbers Oil Company and changed its name to XTO Energy Inc. in June 2001. The company was founded in 1986 and is headquartered in Fort Worth, Texas. As of June 25, 2010, XTO Energy Inc. operates as a subsidiary of Exxon Mobil Corporation.

810 Houston Street

Suite 2000

Fort Worth, TX 76102-6298

United States

Founded in 1986

3,335 Employees

Phone:

817-870-2800

Fax:

817-870-1671

Key Executives for XTO Energy Inc.

Chief Executive Officer and Director
Age: 55
President and Director
Age: 59
Co-Founder
Age: 65
Chief Financial Officer
Age: 64
Vice President of Operations at Houston Division
Compensation as of Fiscal Year 2014.

XTO Energy Inc. Key Developments

XTO Energy Inc. Presents at World Shale Oil & Gas Summit 2014, Nov-05-2014 10:30 AM

XTO Energy Inc. Presents at World Shale Oil & Gas Summit 2014, Nov-05-2014 10:30 AM. Venue: Fairmont Dallas Hotel, Dallas, Texas, United States. Speakers: Ken K. Kirby, Senior Vice President of East Texas Operations.

XTO Energy Inc. to Execute an Agreement to Add 26,000 Acres to its U.S. Oil and Natural Gas Portfolio with LINN Energy, LLC

Exxon Mobil Corporation has executed an agreement to add nearly 26,000 acres to its U.S. oil and natural gas portfolio managed by subsidiary XTO Energy Inc., through a non-monetary exchange with LINN Energy, LLC. Virtually all of the acreage is located within the portion of the Midland Basin that is most prospective for horizontal Wolfcamp and Spraberry development. In exchange, LINN Energy will receive a portion of XTO's interest in the Hugoton gas field in Kansas and Oklahoma. XTO will receive 25,000 net acres in the northern Midland core area that is most prospective for horizontal Wolfcamp and Spraberry development, with current production of about 2,000 oil equivalent barrels per day. XTO will also receive 1,000 net acres in the New Mexico Delaware Basin that augments its existing leasehold and near-term development. LINN will acquire a portion of XTO's interests in the low-decline, mature Hugoton gas field, including all non-royalty trust interests in the shallow formations, with current production of about 85 million equivalent cubic feet per day, 80% of which is natural gas.

XTO Energy Inc. Presents at 2013 Women's Global Leadership Conference in Energy & Technology, Oct-29-2013 10:00 AM

XTO Energy Inc. Presents at 2013 Women's Global Leadership Conference in Energy & Technology, Oct-29-2013 10:00 AM. Venue: Hyatt Regency, Houston, Texas, United States. Speakers: Andree Griffin, Vice President, Geology and Geophysics.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 18, 2014
Linn Energy, LLC, 17,800 Net Acres in The Permian Basin
Merger/Acquisition
May 21, 2014
Linn Energy, LLC, 26,000 Acres U.S. Oil And Natural Gas Portfolio In Permian Basin
Merger/Acquisition
February 3, 2014
56,000 Acres in Utica Shale
 

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