Exxon Mobil's historic buy
Tags: CONSOLIDATION & merger of corporations; EXXON Mobil Corp.; XTO Energy Inc.
Related Articles
- XTO Energy prepares for next phase as Exxon subsidiary. Francis, Robert // Fort Worth Business Press;8/30/2010, Vol. 22 Issue 35, p8
The article provides information on the history of XTO Energy Inc. in Fort Worth, Texas as well as updates after its acquisition by Exxon Mobil Corp., including the retention of most of its employees and its company name.
- Strengths. // MarketWatch: Energy;Sep2011, Vol. 11 Issue 9, p22
The article focuses on the strengths of Exxon Mobil Corp.'s business portfolio following its acquisition of XTO Energy Inc. It says that the integration of XTO with Exxon Mobil has enhanced the latter's portfolio and expanded its resource base with XTO resources including shale gas, coal bed...
- Exxon's acquisition of XTO reflects changed gas landscape in 2009. // MarketWatch: Energy;Feb2010, Vol. 9 Issue 2, p5
The article reports on the acquisition of XTO Energy Inc. by Exxon Mobil Corp. in the U.S. The strategic move has contributed consistent low prices and a massive expansion of the unconventional gas supplies to the country. According to the American Potential Gas Committee (PGC) report, the...
- Chevron Jumps Into Shale Gas With Atlas Acquisition. RICKMAN, JOHNATHAN // Energy Daily;11/10/2010, Issue 215, p1
The article reports on the decision of Chevron Corp. to acquire Atlas Energy Inc. for 4.3 billion dollars. Such announcement came after ExxonMobil Corp. purchased XTO Energy Inc. in December 2010 and other similar acquisition by BP, Shell and other major energy companies. The deal also fueled...
- ExxonMobil Says Its Gas Reserves Top Oil. HOLLY, CHRIS // Energy Daily;3/18/2011, Issue 53, p3
The article reports on ExxonMobil's statement that its natural gas reserve are greater that its oil due to its acquisition of XTO Energy Inc. The company revealed that it has 24.8 billion oil-equivalent barrels at the end of 2010, which 2.8 billion comes from XTO Energy and is composed by 47%...
- TIPRO EXPLORER XTO PURCHASED BY EXXONMOBIL. // TIPRO Target Newsletter;12/21/2009, Vol. 12 Issue 22, p6
The article reports on the acquisition of XTO Energy Inc. by ExxonMobil Corp. for 41 billion dollars including its debt of 10 billion dollars. It notes that ExxonMobil intends to retain most of the XTO Energy employees and expands it operations, especially in the U.S. Moreover, the deal was the...
- Ideas, solid leadership put local firms on Santa's list. Francis, Robert // Fort Worth Business Press;12/21/2009, Vol. 25 Issue 46, p27
The author offers information on several acquisition deals that happened in Fort Worth, Texas before the Christmas season in 2009. Petroleum firm Exxon Mobil Corp. announced its plan to buy XTO Energy Inc. and its natural gas assets for 41 billion U.S. dollars on December 14. Warren Buffer,...
- Simpson's banner year. Francis, Robert // Fort Worth Business Press;8/30/2010, Vol. 22 Issue 35, p1
The article features XTO Energy Inc. co-founder Bob Simpson from Fort Worth, Texas. Simpson is also co-chairman of the Texas Rangers Baseball Express and has been associated with the team since his time at accounting firm Arthur Andersen, where the Rangers were a client. He closed the June 25,...
- Exxon, XTO: Unconventional deal for unconventional gas. Robertson, Rob; Francis, Robert // Fort Worth Business Press;9/6/2010, Vol. 22 Issue 36, p1
The article discusses the acquisition of XTO Energy Inc. in Fort Worth, Texas by Exxon Mobil Corp. that was motivated by pressure to reduce carbon emissions and growth in the unconventional natural gas reserves. It mentions that XTO will focus on global development and production of...
