XTO Xto Energy, Inc.

FORT WORTH, Texas, April 20 /PRNewswire-FirstCall/ -- XTO Energy Inc. (NYSE:XTO) has updated operational and financial guidance for the remainder of 2006 based on current expectations for increased production, expenses and other parameters resulting from ongoing operations and development budget activities. These statements are forward-looking, as described in the final paragraph of this release, and actual results may differ materially. These estimates do not include derivative fair value gains and losses, the effects of possible future acquisitions or divestitures, or unforeseen events that may occur after this release. Production The Company's estimated ranges of average daily production for the remainder of 2006 are: Six Months Q2 Q3 - Q4 Natural Gas (Mmcf) (a) 1,135 - 1,145 1,150 - 1,190 NGL (Mbbl) 10 - 11 11 - 12 Oil (Mbbl) 44 - 45 44 - 45 Total Gas Equivalent (MMcfe) 1,459 - 1,481 1,480 - 1,532 (a) Net of the HGT Units distribution reducing production by an estimated 25 MMcfe/d in Q2 and 37 MMcfe/d in Q3 and Q4 Price Realizations and Differentials The Company's realized natural gas and oil prices are expected to average below the NYMEX prices due to regional differentials. The following are estimated pricing differentials, or percentage reductions to NYMEX prices, before consideration of any hedging activity: Q2 - Q4 Differential (Percentage of NYMEX) Natural Gas 12 - 15% Oil 7 - 9% Realized pricing for natural gas liquids (NGL) is expected to be about 55% to 65% of the average NYMEX oil price. Expenses The following table presents the Company's expected expenses per Mcfe for 2006, assuming an $8.00 per Mcf NYMEX gas price and a $65.00 per Bbl NYMEX oil price: Q2 - Q4 Production $0.90 - $1.00 Taxes, transportation and other 0.70 - 0.80 Exploration 0.10 - 0.15 Depreciation, depletion and amortization 1.50 - 1.60 Accretion of asset retirement obligation 0.02 - 0.04 General and administrative (b) 0.26 - 0.31 Interest 0.34 - 0.38 (b) Includes impact of expensing current stock options under adoption of SFAS No. 123R Hedging The Company's current hedging positions for natural gas and oil are: Mcf or Bbls NYMEX Price per Day per Mcf or Bbl PRODUCTION: Natural Gas Apr-Dec 2006 260,000 $11.06 Oil Apr-Dec 2006 15,000 $59.53 Income Tax For 2006, the Company projects a 36% effective tax rate, with up to 60% of that amount expected to be currently payable, excluding any impact from the distribution of Hugoton Royalty Trust (HGT) Units. The Company's taxable gain on the HGT dividend will be determined at the time of the distribution. XTO Energy Inc. is a domestic energy producer engaged in the acquisition, development and discovery of quality, long-lived oil and natural gas properties in the United States. Its properties are concentrated in Texas, New Mexico, Arkansas, Oklahoma, Kansas, Wyoming, Colorado, Alaska, Utah, Louisiana and Mississippi. This release can be found at http://www.xtoenergy.com/. Statements made in this news release, including those relating to average daily production, impact of HGT Units distribution on natural gas production, price realizations, pricing differentials, commodity prices, expenses and income taxes are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on assumptions and estimates that management believes are reasonable based on currently available information; however, management's assumptions and the Company's future performance are subject to a wide range of business risks and uncertainties and there is no assurance that these goals and projections can or will be met. Any number of factors could cause actual results to differ materially from those in the forward-looking statements, including, but not limited to, the timing and extent of changes in oil and gas prices, changes in underlying demand for oil and gas, the timing and results of drilling activity, the timing of production, treatment and transportation facility installations or repairs, continued interruptions in the transportation of oil and gas and pricing distortions as a result of weather-related damage to the physical infrastructure in the Gulf of Mexico, the availability of drilling equipment and technical personnel, curtailments by third-party pipelines and processing or treatment facilities, changes in interest rates, and higher than expected production costs and other expenses. The Company undertakes no obligation to publicly update or revise any forward-looking statements. Further information on risks and uncertainties is available in the Company's filings with the Securities and Exchange Commission, which are incorporated by this reference as though fully set forth herein. DATASOURCE: XTO Energy Inc. CONTACT: Louis G. Baldwin, Executive Vice President & Chief Financial Officer, +1-817-870-2800, or Gary D. Simpson, Senior Vice President Investor Relations & Finance, +1-817-870-2800, both of XTO Energy Inc. Web site: http://www.xtoenergy.com/

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