The Company is engaged in the acquisition, development, exploitation and exploration of producing oil and gas properties and in the production, processing, marketing and transportation of oil and natural gas.
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Natural gas - solution to energy issues that politicians will get on board with and oil companies will support. Plus Exxon bought a slice of them, which is a great sign.
Company is being acquired by Exxon in a flat-lined to down oil market. There's no significant upside in this stock until the deal closes. At that point, since it was an all stock deal, longs in XTO are hoping that XOMs shares are significantly… More
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