8-K 1 d8k.htm FORM 8-K FORM 8-K
 
 
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
 
FORM 8-K
 
 
 
CURRENT REPORT
 
 
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
 
 
Date of Report (Date of earliest event reported): December 17, 2002
 
 
 
XTO ENERGY INC.
(Exact name of registrant as specified in its charter)
 
 
 
Delaware
    
1-10662
    
75-2347769
(State or other jurisdiction
of incorporation)
    
(Commission File Number)
    
(IRS Employer
Identification No.)
 
 
 
810 Houston Street, Suite 2000, Fort Worth, Texas
    
76102
(Address of principal executive offices)
    
(Zip Code)
 
 
 
(817) 870-2800
(Registrant’s telephone number, including area code)
 
 
 


 
Item 5.    Other Events.
 
Settlement with Enron Corporation
 
On December 17, 2002, XTO Energy announced that final approval has been granted by the presiding bankruptcy court to settle all outstanding claims with Enron North America Corporation (Enron). As a result, XTO Energy will pay Enron $6 million to settle all obligations between both parties and will recognize a $2 million gain on settlement.
 
XTO Energy will also record additional gas revenue of $14 million relating to physical delivery contracts with Enron. In total, about $16 million of additional pre-tax income will be recognized in the fourth quarter of 2002.
 

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SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
       
XTO ENERGY INC.
Date: December 18, 2002
     
By:
 
BENNIE G. KNIFFEN        

               
Bennie G. Kniffen
Senior Vice President and Controller

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