exxon mobil
December 14th, 2009
Exxon Mobil said Monday that it has agreed to buy XTO Energy, a natural gas producer, for $31 billion in stock and the assumption of $10 billion in debt, in one of the biggest energy mergers of recent years. Five analysts offer takeaways on Monday's Exxon Mobil deal for domestic gas producer XTO Energy. Exxon Mobil Corporation (NYSE: XOM) and XTO Energy Inc. announced today an all-stock transaction valued at $41 billion. The agreement, which is subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil's