XTO (OP/A): Updating estimates - Goldman Sachs - October 19, 2005
We are updating our EPS estimates for XTO Energy (OP/A) to reflect an increase in 3Q 2005 gas differentials. Our 3Q and full-year 2005 EPS estimates are now $0.78 ($0.82 before) and $2.86 ($2.90 before), respectively. We reiterate our Outperform rating on XTO Energy in an Attractive coverage view. Exhibit 1 shows our summary financial model for XTO Energy.
Each of the analysts named below hereby certifies that, with respect to each subject company and its securities for which the analyst is responsible in this report, (1) all of the views expressed in this report accurately reflect his or her personal views about the subject companies and securities, and (2) no part of his or her compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed in this report: Brian Singer, Arjun Murti.
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Previous Goldman Sachs reports on XTO:
XTO Energy (OP/A): Continued confidence in organic growth potential Goldman Sachs July 19, 2005
Message 21522928
XTO (OP/A), PXD (IL/A): Upgrading XTO Energy to OP/A on Piceance deal with Exxon; lowering Pioneer to IL/A
Goldman Sachs June 30, 2005
Message 21466847
XTO Energy: Maintaining view on relative returns, valuation; IL/A Goldman Sachs April 20, 2005
Message 21250970
XTO (IL/A):Best in class and premium deserved. Goldman April 05, 2005
Message 21202436
XTO Energy: Updated estimates Goldman April 01, 2005
Message 21190985 |
