Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Douglas V. Fant who wrote (59694)	2/3/2000 7:26:00 PM
From: Think4Yourself	Read Replies (1) of 95453

XTO had $1.04 cfps JUST last quarter!!! Beat their numbers as well ($.24 vs $.21 expected), but had charges that took the number down to $.10. They made $.96 for all of 1999. Analysts expected $.31 according to Yahoo What is up with their awful equity investing anyways? Cross Timbers Oil Announces Record Gas Production and Cash Flow for Fourth Quarter biz.yahoo.com ``Having assured year-over-year production growth for 2000, we will continue to efficiently develop the vast potential of our high-quality properties and will utilize excess cash flow to significantly reduce debt. Given current commodity prices, we are confident that we will achieve our announced goals for 2000. By year-end we expect to have generated $4.00 per share in cash flow, have proved reserves of 40 Mcfe per share, and have debt per Mcfe of $0.40 to $0.45,' Simpson said.

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