Im having trouble finding any good analysis on the XTO transformation in the past month. Anybody have a clue how this will play out for XTO? Most of the discussion on the XTO board is regarding share price.
Thanks,
cris
What ever happened to the "Sweet Sixteen" newsletter? I believe XTO was on that list.
Marv, Dan Wilson generally posts his Sweet 16 on Energy Prospecus. Its at:
finance.groups.yahoo.com/group/energyprospectusinc/messages
Marv,
There were so many lists. Dan Wilson/Yorkshire had one here in the early days of this board. DNR got a nice upgrade today, incidentally:
http://finance.yahoo.com/q/ud?s=DNR
Regards,
Peter
Not sure what you mean by Transformation,but XTO making some smart acquistions.
By Buying Private Companies with Cash and Stock,allows sellers to get Liquid on favorable tax basis.
Allows XTO to buy Reserves cheap
i guess your right... same game plan as the past. i guess i was surprised by the bakken buy. hunt not so surprising.
All, interesting piece in the WSJ re oil and the dollar. Historically, the correlation between oil and the dollar has not been that strong, only about 20%. In the past three months, its been 57%. Traders are focusing on the relationship, but beware. Used the analogy that the number of churches and mortuaries in a city are correlated but not necessarily causal.
The shopping list for equities looks long, the new lows list. Bought some GE yesterday for global growth. And Citigroup and Wamu. Cheers. Hare