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.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Load Planner/ Dispatcher Frac Sand
Expertise: Dispatcher|Project Management
Location: Mansfield, TX
 
Project Engineer
Expertise: Electrical Engineering|Instrument & Controls Engineer|Project Management
Location: Deer Park, TX
 
V&M Sales Representative
Expertise: Sales
Location: Midland, TX
 
search for more jobs

Brent Crude Oil : $48.06/BBL 2.51%
Light Crude Oil : $45.77/BBL 2.17%
Natural Gas : $2.97/MMBtu 2.30%
Updated in last 24 hours