XTO: Cross Timbers Oil Co. Message Board

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Gold/Mining/Energy : XTO: Cross Timbers Oil Co.

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From: Brian	7/24/2008 2:25:26 AM
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As XTO closes in on $48 per share, I might be able to pick up a few shares on the open market at less than the public offering price. The price of oil might drop more over the next few months resulting in further volatility, but in the long term this is a great entry point IMO. NEW YORK, July 23 (Reuters) - Oil and gas producer XTO Energy (XTO.N: Quote, Profile, Research, Stock Buzz), whose shares have slid 17 percent in the past two days, said on Wednesday it had priced the public offering of 26 million new shares at $48 per share.

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