XTO.... this will sounds selfish and awful, although if margin called at 27.29.. It's like a person being forced to sell a house after they put in atleast a 20% down payment. And the fella forced to liquidate was Chief Financial Officer of the company... even if he got replaced (which he won't since he still carries a wildly strong stake), the next CFO can't mess up a company that bad, it'd be bought out first.
October 15, 2008 4:42 PM EDT
XTO Energy Inc. announced Executive Vice President & CFO Louis G. Baldwin sold 535,700 shares of XTO common stock. This sale
XTO Energy (XTO) put out a bevy of good news today but since crude oil is down a few bucks today - the supercomputers and their trader friends running this market will have nothing of it. Down 8-9%.
XTO Energy Inc (XTO) on Tuesday said second-quarter earnings rose 33 percent on higher production and natural gas prices. 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 av
<o:p></o:p>Wow! The August natural gas (“gas”) contract has fallen from a little over $13 per Million BTU to 10.57 at market close Friday, about a 20% drop in less than two weeks. Is it going to stay down, or pop back up? In favor of staying down there is increasing production from the U.S. deepwater, reduced demand from industries that supply house‑building materials, electricity from new windmill farms reducing the need for gas‑generated electricity and a build of 104 Billion Cubic Feet in the week ending July 11, 2008 (“the last week”).<o:p> </o:p>
AP XTO Energy 2Q profit surges as production jumps Tuesday July 22, 10:06 am ET
XTO Energy 2nd-qtr earnings, revenue surge as production increases amid high crude, gas prices FORT WORTH, Texas (AP) -- Oil and natural gas producer XTO Energy Inc. said Tuesday its second-quarter profit jumped more than 30 percent as production increased amid record-high energy prices.
For the period ended June 30, the company posted profit of $575 mi
Recap of CNBC's Fast Money, Wednesday June 17.
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They All Fall Dow
The Dow had its second straight triple-digit decline and fell below 12,000 for the first time since March. The market gaveth and tooketh away, commented Jeff Macke, and he said the market should not be bought.
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Financial Fits: Morgan Stanley (MS), Financial Select SPDR (XLF), Regions Financial (RF)
Even though Morgan Stanley reported a 50% loss, it still managed to beat expectations, but doubts were raised if the bank can generate profits going forward. Guy Adami is optimistic and would buy Morgan with
When Pioneer Resources (NYSE:PXD) spun off it's lucrative pipeline business, creating the Master Limited Partnership [MLP] Pioneer Southwest Energy Partners (NYSE:PSE), I was one of the lucky investors who was able to participate in the offering.
Of course I didn't get all the shares I had indicated for so we bought the rest in the secondary market (the IPO was priced at $19 and we were able to buy the rest around $19.25). We were told the initial pay out yield would be around 9% or higher, and having been a former shareholder of PXD we were favorably predisposed to this company's reputation
XTO Energy (XTO) is one of the
more acquisitive companies in the natural gas space;<!----> they have
announced another meaningful one - while increasing future production targets
(a very good thing) So we not only get higher prices in natural gas, but
we have the type of companies that can expand output; exactly what we
want to see. (Note: I still think commodities are overdue for a
pullback, but this is positive long term news)
XTO Energy Inc. (XTO) announced today that the Company is increasing its 2008 production growth target to 28 - 30%based on recently announced agreements to acquire
I am slowly venturing back to severely pared positions in natural gas, with additions to XTO Energy (XTO) and my favorite EOG Resources (EOG). This is step 1 of a rebuild, and I hope to see lower prices in the near future on a general commodity selloff.
XTO Energy- frankly I don't like the chart and it's been lagging the peer groupso I am considering perhaps changing to another name in the future, inmy "basket approach" to natural gas. This chart is much worse than justabout every peer I am tracking, so I am wondering if there is somethingcompany-specific I am missing.
TheStreet.com's Jim Cramer says as crude goes higher, it makes more and more sense to go for other energy options.
Every day that oil goes up, there is a new set of technologies that had formerly been priced out of the market that comes back to life. Let's take wind. Wind, in itself, just seems so stupid. It needs, well, wind. Much of our country doesn't have enough wind to make this economic. There are only certain regions that can really benefit.
TheStreet.com's Jim Cramer says it's not a strong-dollar sell -- the story here is still too good.
Why did natural gas go down last week? What was that? Inventories were down. The commodity price was up. The fuel itself is green. It is better than ethanol and it is being used to fuel an increasing numbers of cars and trucks.
The whole move down had to have been triggered by something, right? Yeah, how about the fact that the stocks were up a lo...
XTO Energy Inc. is a domestic natural gas producer engaged in the acquisition, exploitation and development of quality, long-lived oil and natural gas properties in the United States. Its properties are concentrated in Texas, New Mexico, Arkansas, Oklahoma, Kansas, Wyoming, Colorado, Alaska, Utah, Louisiana, Mississippi and Montana. Natural gas is nearing Hurricane Katrina-type price levels. All the other the big boys in the industry blew away analyst earnings projections last quarter. A week later they guided higher on production. I'm betting that at some point this quarter, natura...
Confidence Everywhere
- CONFIDENCE EVERYWHERE
You can't turn on the television without seeing some talking head so happy about the confidence returning. They are saying that ...
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