XTO Energy Completes $1.3 Billion Common Stock Offering

XTO Energy Inc. has completed its previously announced public common stock offering. The offering of 23,000,000 shares was priced at $55.00 per share, raising approximately $1.265 billion prior to underwriting costs. The offering included 3,000,000 shares priced at $55.00 pursuant to the underwriters' exercise of their option to purchase additional shares. As a result of the offering, common shares outstanding have increased to approximately 510 million. The Company's management did not sell shares in the offering. Joint book-running managers for the common stock offering were Lehman Brothers, Goldman, Sachs & Co. and JPMorgan.

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