Thursday, October 16, 2008

XTO Energy CFO Sells Stock

Independent oil and gas producer XTO Energy Inc.'s executive vice president and chief financial officer Louis Baldwin has sold 535,700 shares of the company’s common stock.

It hasn't been certain whether this was involuntary like last weeks dumping by Chesapeake Energy's CEO.

XTO Energy is very active in the Marcellus Shale, Bakken Shale, and Haynesville Shale