XTO Energy Inc. shattered earnings records and reported huge increases across the board for natural gas, crude oil and natural gas liquids production for the fourth quarter, the company said Wednesday. Natural gas production rose 24% to 916 MMcf/d, oil production jumped 161% to 33,494 bbl/d, and natural gas liquids (NGL) output hit a record 8,626 bbl/d, 32% higher than 4Q2003.
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XTO 4Q Output, Earnings Smash Records
XTO Energy Inc. shattered earnings records and reported huge increases across the board for natural gas, crude oil and natural gas liquids production for the fourth quarter, the company said Wednesday. Natural gas production rose 24% to 916 MMcf/d, oil production jumped 161% to 33,494 bbl/d, and natural gas liquids (NGL) output hit a record 8,626 bbl/d, 32% higher than 4Q2003.
February 10, 2005
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