XTO Energy is an American Fortune 500 energy producing company. Its primary products are oil and natural gas. It is based in Downtown Fort Worth, Texas. Its current CEO is Keith Hutton. The company was founded in 1985 as Cross Timbers Oil Company. It changed its name in 2001. In 2007, it paid Dominion Resources US$2.5 billion for 1 trillion cubic feet of oil and gas reserves in the Rocky Mountains, Texas and southern Louisiana, In 2008 XTO acquired Hunt Petroleum Corporation for $4.2 billion. At the end of the second quarter of 2009 XTO Energy became the largest producer of natural gas in... the United States. In 2009, XTO entered into an agreement with ExxonMobil to be acquired for $31 billion in stock. The deal was approved by XTO's shareholders on June 25, 2010. As a subsidiary of ExxonMobil, the company will be named XTO Energy Incorporated and it will focus on global development and production of unconventional resources.
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| NYSE symbol: | XTO |
| Founded: | 1985 |
| Headquarters: | Fort Worth, Texas |
| Annual revenue: | $7,695,000,000 |
| Net income: | $1,912,000,000 |
| Operating income: | $3,508,000,000 |
| Market cap: | $25,000,000,000 |
| Industries: | Petroleum, Crude Petroleum and Natural Gas Extraction, Petroleum industry |