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Enter Symbol:
 
Xto Energy Inc. (XTO) [hlAlert]

Rating:
Buy XTO
up 39.35 %

Xto Energy Inc. (XTO) rated Buy with price target $60 by SMH Capital

Posted on: Monday,  Nov 17, 2008  9:25 AM ET by SMH Capital

SMH Capital rated Buy Xto Energy Inc. (NYSE: XTO) on 11/17/2008, when the stock price was $33.39. Since
then, Xto Energy Inc. has gained 39.35% as of 06/25/2010's recent price of $46.53.
If you would have followed this SMH Capital's recommendation on XTO, you would have gained 39.35% of your investment in 585 days.

XTO Energy Inc. 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. The company has grown primarily through acquisitions of proved oil and gas reserves, followed by development and exploitation activities and strategic acquisitions of additional interests in or near such acquired properties.

Sanders Morris Harris has built a unique, niche-oriented research effort that's attuned to the Southwest, yet takes a broad, global perspective. Our analysts cover some 100 companies in six broad sectors, including business services; energy; entertainment & media; financial services; and technology. Whatever the geographical focus, our research approach is fundamental and no-nonsense. We look at industries in a bottom-up way, and get to know company managements in depth, to understand their growth philosophy and their views of how their company fits within their group. And we provide straightforward, timely advice to both institutional and private clients based on that research. Unlike many Wall Street firms, which have developed arcane "recommendation matrixes," we have three simple categories of investment advice: buy, sell and hold. And we transmit our recommendations in timely, useful form. Our on-line Research Library gives clients access to the full range of company reports and bulletins generated by our analytical staff. Above all, of course, the success of SMH's research effort rests on its gifted team of analysts - a purposeful blend of experienced research pros and young, creative individuals, all of whom have honed their financial skills within the target industry or with major accounting firms. The combination works. Three of our analysts have appeared on the Wall Street Journal roster of All-Star Analysts or on the Institutional Investor's All-Star Research Team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/17/2008 9:25 AM Buy
None
33.39 60.00
as of 12/24/2008
1 Week down  -3.20 %
1 Month up  0.41 %
3 Months up  2.09 %
1 YTD up  2.09 %

(*) Stock Price at the time of the recommendation.
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