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Vol. 8, No. 9 Week of March 02, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry


XTO boosts fourth quarter earnings 36%

But gross revenues in 2002 slipped 3 percent to $810.2 million; net income slid 25 percent to $186.1 million

Allen Baker

PNA Contributing Writer

XTO Energy Inc. pushed its gas production 21 percent higher in the fourth quarter, compared to the figure a year earlier, and that led to a 36 percent boost in profits. The company, based in Fort Worth, Texas, reported earnings of $56.1 million, up from $41.2 million in the same quarter of 2001 and....

    [additional news subjects in this story]

Crude flow down, liquids up


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