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XTO Energy Inc. (XTO)

On Nov 24: 42.09 USD   0.00 (0.00%)  
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XTO Energy Inc.
810 Houston Street
Fort Worth, TX 76102
Phone: 817-870-2800
Fax: 817-870-1671
Web Site: http://www.xtoenergy.com

DETAILS
Index Membership: S&P 500
S&P 1500 Super Comp
Sector: Basic Materials
Industry: Independent Oil & Gas
Employees (last reported count): 1,939

BUSINESS SUMMARY
XTO Energy, Inc. and its subsidiaries engage in the acquisition, development, exploitation, and exploration of producing oil and gas properties in the United States. It also involves in the production, processing, marketing, and transportation of oil and natural gas. The company's proved reserves are principally located in the Eastern region, including the East Texas basin, northwestern Louisiana, and Mississippi; North Texas region, including the Barnett Shale; San Juan region, including properties in the San Juan and Raton Basins of New Mexico and Colorado, as well as properties in the Uinta Basin of Utah; Permian and South Texas region with properties in West Texas, southeastern New Mexico, and South Texas; Mid-Continent and Rocky Mountain region with fields located in Wyoming, Kansas, Oklahoma, and Arkansas; and the Gulf Coast region. As of December 31, 2006, it had estimated proved reserves of 6.94 trillion cubic feet of natural gas, 53 million barrels of natural gas liquids, and 214.4 million barrels of oil. As of the above date, it owned interests in 10,812.3 net producing wells. XTO Energy markets its gas to brokers, local distribution companies, and end-users. The company was founded in 1985. It was formerly known as Cross Timbers Oil Company and changed its name to XTO Energy Inc. in June 2001. XTO Energy is headquartered in Fort Worth, Texas.
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    OFFICERS
      Pay Exercised
    Mr. Bob R. Simpson , 59
    Co- founder, Chairman and Chief Exec. Officer
    $ 32.21M $ 39.84M
    Mr. Keith A. Hutton , 49
    Pres
    $ 4.01M $ 14.18M
    Mr. Louis G. Baldwin , 58
    Chief Financial Officer, Exec. VP and Advisory Director
    $ 1.14M $ 4.80M
    Mr. Vaughn O. Vennerberg II, 53
    Chief of Staff, Sr. Exec. VP and Director
    $ 3.25M $ 8.50M
    Mr. Timothy L. Petrus , 53
    Exec. VP of Acquisitions and Advisory Director
    $ 1.06M $ 3.85M
    Dollar amounts are as of 31-Dec-06 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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