XTO Energy has updated its price hedges for future sales of production in 2010.
"We have now hedged approximately fifty-five percent of our projected 2010 production and remain confident of a stronger natural gas environment," stated Bob R. Simpson, Chairman and Founder. "These prices secure robust cash margins and cash flow for our liquids-rich natural gas company while still allowing us to participate in an improving natural gas market next year."
Tags:
XTO Energy Inc.
Add a Comment to this Article
Please be civil. Job and promotion will not be added into the comment page.