XTO Energy Overview and Company Details

XTO Energy is a leading oil and gas company that has been in operation since 1985. It was founded by Bob R. Simpson, a well-known entrepreneur and businessman.

XTO Energy is headquartered in Fort Worth, Texas, and has a significant presence in the Barnett Shale region. The company has a strong focus on natural gas production and has developed a reputation for its innovative approach to extracting gas from shale formations.

XTO Energy was acquired by ExxonMobil in 2010 for $41 billion, one of the largest energy deals in history. This acquisition marked a significant milestone for the company, expanding its global reach and capabilities.

XTO Energy has a strong commitment to corporate responsibility, demonstrated through its various philanthropic efforts.

The company has partnered with Habitat for Humanity since 2009 to build homes in Fort Worth.

XTO Energy has also supported educational institutions, providing grants to Navarro College's petroleum technology certificate program and establishing a petroleum technology training center at Butler County Community College.

In 2010, XTO Energy and ExxonMobil gave a $5 million grant to Colorado State University to fund studies on the impact of oil and gas drilling on wildlife.

XTO Energy donated $200,000 to the American Red Cross in 2013 to support disaster protection and recovery efforts in Colorado communities.

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XTO Energy has a strong commitment to supporting petroleum educational institutions. They began partnering with Navarro College's petroleum technology certificate program in 2008.

In 2009, XTO Energy started working with Habitat for Humanity to build homes in Fort Worth, a partnership that continues to this day. This shows that their philanthropic efforts are not limited to just educational institutions.

XTO Energy donated $100,000 to Butler County Community College in 2013 to establish a petroleum technology training center. This grant helped the college provide students with hands-on training and equipment.

In 2014, XTO Energy gave $25,000 in grants to Westmoreland County Community College to help students in the Petroleum Industrial Processing Operations Technology program offset tuition and travel costs. This support is crucial for students who may not have access to these resources otherwise.

XTO Energy's commitment to education and community development is evident in their various philanthropic efforts.

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XTO Energy has faced several regulatory issues over the years.

In 2010, a 13,000 gallon hydraulic fracturing fluid spill occurred at XTO Energy's natural gas drilling site in Pennsylvania, prompting an investigation by the state's Department of Environmental Protection.

The company was also fined $100,000 by the U.S. Environmental Protection Agency in 2013 for a water spill at a Pennsylvania water recycling operation.

XTO was charged with criminal offenses by the Pennsylvania Attorney General in 2013, related to the same incident.

In 2013, the federal Office of Natural Resources Revenue imposed a $648,000 civil penalty on XTO for failing to provide data regarding a federal lease in Kansas.

XTO has disputed the penalty, stating that it had provided the required records, but the process was time-consuming.

A study published in 2015 by researchers at Southern Methodist University suggested a link between XTO-operated wastewater disposal wells and a series of earthquakes in Texas.

However, investigators with the Texas Railroad Commission found that the disposal well was unlikely to have caused the seismic activity, contradicting the study.

The Texas Railroad Commission ultimately agreed that there was not enough evidence to support the findings of a link between the wells and seismic activity.

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XTO Energy's annual revenue was $5.9 billion in 2025. This impressive figure highlights the company's significant presence in the energy industry.

The company's financial performance has been strong, with annual revenues consistently high.

XTO Energy has a substantial annual revenue, reaching $5.9 billion in 2025.

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XTO Energy is a subsidiary of ExxonMobil, one of the largest publicly traded oil and gas companies in the world.

XTO Energy was founded in 1985 and is headquartered in Fort Worth, Texas.

The company operates primarily in the United States, with a focus on shale gas production.

XTO Energy was founded in 1985 as Cross Timbers Oil Company.

It went public in 1993 on the NYSE under the ticker XTO and changed its name to XTO Energy Inc. in 2001.

In 2007, XTO paid Dominion Resources $2.5 billion for oil and gas reserves in the Rocky Mountains, Texas, and southern Louisiana.

XTO acquired Hunt Petroleum Corporation for $4.2 billion in 2008, becoming the largest producer of natural gas in the US by the end of the second quarter of 2009.

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ExxonMobil acquired XTO Energy in a deal valued at $36 billion in 2009, increasing ExxonMobil's US natural gas production to 3.68 billion cubic feet per day.

The acquisition was finalized in June 2010, after which ExxonMobil became the largest producer of natural gas in the US.

In June 2011, ExxonMobil acquired two natural gas companies in Pennsylvania, Phillips Resources Inc. and TWP Inc., for $1.69 billion.

XTO Energy expanded its production in the Appalachian region of the US by nearly 30% in 2013.

As of 2014, the size of XTO Energy's resource portfolio had tripled since it was acquired by ExxonMobil in 2010.

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XTO Energy has a significant workforce. 1,648 people are employed at XTO Energy.

XTO Energy is based in Midland, Texas.

XTO Energy has a history of involvement in the oil and gas industry through its sponsorships. XTO served as a sponsor for the Interstate Oil and Gas Compact Commission's 2014 and 2015 annual meetings held in both Columbus, Ohio and Oklahoma City, Oklahoma.

This involvement likely allowed XTO to connect with other industry professionals and stay up-to-date on the latest developments in the field.

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The SIC code is a crucial piece of information for any industry, including energy. XTO Energy has SIC codes 138, 132, and 13.

For those in the energy sector, understanding SIC codes can help you navigate regulations and requirements.

The SIC code for XTO Energy is 138, among other codes.

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XTO had a significant presence at the Interstate Oil and Gas Compact Commission's annual meetings, serving as a sponsor for events in both Columbus, Ohio and Oklahoma City, Oklahoma in 2014 and 2015.

These sponsorships suggest a close relationship between XTO and the IOGCC, indicating a level of influence and involvement in the commission's activities.

The fact that XTO sponsored two annual meetings in different locations highlights the company's commitment to engaging with the IOGCC and its members.

This involvement likely provided XTO with opportunities to shape policy and connect with industry leaders, further solidifying its position within the oil and gas industry.

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XTO Energy operates in several key regions, including the Permian Basin, the Marcellus Shale, and the Eagle Ford Shale. These regions are major oil and gas producing areas in the United States.

The company's operations in the Permian Basin involve drilling and producing oil and natural gas from the Wolfcamp formation. XTO Energy has a significant presence in the basin, with multiple wells and facilities.

XTO Energy's operations are designed to be efficient and safe, with a focus on minimizing environmental impact. The company has implemented various practices to reduce its carbon footprint and promote sustainability.

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XTO Energy's NAICS codes are 2131, 21, 213111, 21311, 213, and 213112.

Understanding NAICS codes is crucial for businesses in the energy sector, as they help categorize and identify industries.

XTO Energy, a leading oil and gas company, uses these codes to identify its primary and secondary operations.

The NAICS code 2131 specifically identifies the oil and gas extraction industry, which is XTO Energy's primary focus.

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For further specificity, the NAICS code 213111 categorizes XTO Energy's operations as oil and gas extraction services.

The NAICS code 21311 is another specific code that identifies the natural gas extraction industry, which is also relevant to XTO Energy's operations.

The NAICS code 213112 identifies the oil and gas extraction services industry, which includes drilling, completion, and production operations.

These NAICS codes are essential for businesses in the energy sector to ensure accurate classification and reporting.

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In November 2011, the Delaware River Basin Commission (DRBC) held a public hearing to review a proposal from XTO Energy to remove up to 250,000 gallons of water from the Delaware River Basin for unconventional gas exploration.

The water would come from Oquaga Creek near the Farnham Road bridge crossing on Route 41 in Sanford, New York.

Diesel in fracking is a concerning issue.

From 2010 to July 2014, XTO drillers reported using 164.63 gallons of diesel injected into 21 wells.

The Environmental Integrity Project extensively researched diesel in fracking, arguing that diesel use in fracking is widely underreported.

Diesel use in fracking can pose a risk to drinking water and human health.

The 2014 study "Fracking Beyond The Law, Despite Industry Denials" by the Environmental Integrity Project found that hydraulic fracturing with diesel fuel can pose a risk to drinking water and human health.

This is because diesel contains benzene, toluene, xylene, and other chemicals that have been linked to cancer and other health problems.

Numerous fracking fluids with high amounts of diesel were identified by the Environmental Integrity Project, including additives, friction reducers, emulsifiers, and solvents sold by Halliburton.

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XTO Energy Inc. has filed drilling permits under various company names, indicating a complex organizational structure.

One notable aspect is the presence of multiple subsidiaries, such as XTO Offshore Inc. and Xplore Natural Resources LLC, which suggests a diversified approach to operations.

XTO Energy Inc. has also filed permits under the names Xeric Oil & Gas Company and Xerix Oil & Gas Corporation, which may indicate a focus on specific regions or types of drilling.

The company has a total of 19 different entities listed as having filed drilling permits, including Xplore Operating, LLC and Xri Disposal Holdings, LLC.

Here are the companies listed as having filed drilling permits by XTO Energy Inc.:

XTO Energy's leadership team is headed by John Roper, who serves as the President and CEO of the company. He has extensive experience in the oil and gas industry.

XTO Energy is a subsidiary of ExxonMobil, one of the largest publicly traded oil and gas companies in the world. This affiliation has provided XTO Energy with significant resources and expertise.

John Roper has stated that XTO Energy's focus is on developing and operating its unconventional oil and gas resources. The company has a strong commitment to operating safely and responsibly.

XTO Energy has a number of key governance practices in place, including a Board of Directors that oversees the company's operations and strategy. The Board is composed of experienced industry professionals and independent directors.

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