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• Financials
• Form 10-K Table of Contents
• Part IV Exhibits and Financial Statement Schedules
• 15. 5. Consolidated Statements
• 15. 5. 1. Accounting Policies
• 15. 2. Party Transactions
• 15. 3. Debt
• 15. 4. Income Tax
• 15. 5. Retirement Obligations
• 15. 6. Commitments
• 15. 7. Financial Instruments
• 15. 8. Commodity Sales
• 15. 9. Equity
• 15. 10. Earnings Per Share
• 15. 11. Cash Flow
• 15. 12. Employee Benefit Plans
• 15. 13. Acquisitions
• 15. 14. Quarterly Financial Data
• 15. 15. Supplemental Financial Info

Part IV

Item 15.

Exhibits and Financial Statement Schedules

XTO ENERGY INC. Notes to Consolidated Financial Statements

2. Related Party Transactions

A firm, affiliated with one of our nonemployee directors, has performed property acquisition advisory services for the Company. In February 2005, this firm was acquired by another company which continues to perform property acquisition advisory services for us, and a division of the company also performed co-manager services on our June 2007 common stock offering (Note 9) and our July and August 2007, March 2006 and April 2005 senior note offerings (see Note 3). We paid this firm total fees of $3.4 million in 2007, $78,500 in 2006 and $5.0 million in 2005, and there were no amounts payable at December 31, 2007 or 2006. In February 2008, this firm served as one of 24 co-managers on our common stock offering.

In February 2007, in recognition of the Chairman and Chief Executive Officer of the Company and as part of a charitable giving program to support higher education, the Board of Directors approved a conditional contribution of $6.8 million to assist in building an athletics and academic center at Baylor University. This contribution is to be paid in two equal installments of $3.4 million. The first payment was made May 2007 and the second is expected to be paid in the first half of 2008. Since this is a conditional contribution, the first payment is included as general and administrative expense in 2007. However, the second payment will not be made and included in general and administrative expense until the condition is satisfied. Concurrently, our Chairman and Chief Executive Officer made a $3.2 million pledge for the same project. In return for these contributions, the Company and our Chairman and Chief Executive Officer obtained naming rights for the building and certain facilities within the building.

In November 2007, the Board of Directors approved and we paid our Chairman and Chief Executive Officer $150,000 for an easement across his property in North Texas. The easement was for approximately 10,000 feet at the standard easement rate in the area of $15 per foot.