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
Project Coordinator, Pipeline Construction
Expertise: Project Management
Location: Spring, TX
 
Project Manager
Expertise: Project Management
Location: Kennesaw, GA
 
Senior Project Manager
Expertise: Project Management
Location: San Francisco, CA
 
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours