NYSE: XTO
35.82 -1.51
Low-risk, high-return strategy - XTO Energy Inc. has grown from its inception in 1986 to one of the nation's largest independent oil and gas producers. Our proven strategy has built a domestic reserve base with greater than 2.06 billion barrels of oil equivalent and a track record of increasing production and reserves, with a compound annual growth rate of about 24% and 29% respectively since going public in 1993. With this performance, XTO has been a consistent sector leader in growth and value creation. For our shareholders, the stock price has followed, increasing 4700% since 1993.
How have we done it? Our experience and expertise guides us to acquire the best reservoir rock. We then apply new technology, operational innovations and old-fashioned hard work to discover untapped reserves. The result is a predictable, low-risk growth strategy with a history of healthy economic returns. Perhaps even more important, with XTO's base of legacy assets and drilling inventory, the potential for expanding growth and returns into the future is stronger than ever.
