XTO Energy Reports Pricing of Common Stock Offering
XTO Energy Inc. has priced a public offering of 20,000,000 shares of its common stock at a price to the public of $55.00 per share. All shares are being sold by XTO Energy. Proceeds of the offering are expected to fund recently announced property acquisitions and to repay indebtedness under its commercial paper program. XTO Energy also has granted the underwriters a 30-day option to purchase up to 3,000,000 additional shares of its common stock solely to cover over-allotments, if any. The offering is expected to settle and close on February 21, 2008, subject to customary closing conditions.
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