FORT WORTH, Texas, May 6 /PRNewswire-FirstCall/ -- XTO Energy Inc. (NYSE: XTO - News) today reported record first quarter 2009 production of 2.73 billion cubic feet equivalent (Bcfe) per day, up 29% from the first quarter 2008 level of 2.11 Bcfe per day, and up 3% sequentially from 2.64 Bcfe per day in the fourth quarter 2008. Total revenues for the first quarter were $2.16 billion, a 29% increase from $1.67 billion the prior year. Earnings for the quarter were $486 million, or $0.84 per share ($0.83 diluted), compared with first quarter 2008 earnings of $465 million, or $0.93 per share ($0.92 diluted). After adjusting for a $79 million ($51 million after tax) non-cash derivative fair value loss and a $9 million ($6 million after tax) gain on extinguishment of debt, adjusted earnings for first quarter 2009 were $531 million, or $0.92 per share ($0.91 diluted), compared to first quarter 2008 adjusted earnings of $456 million, or $0.91 per share ($0.90 diluted).(1)http://tinyurl.com/dkcndeVicki
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