Cross Timbers' acquisition strategy underpins explosive rate of growth

06/01/1998
Anne Rhodes Associate Managing Editor-News Cross Timbers' Financial, Operations Growth [117,762 bytes] Cross Timbers' Reserves [130,980 bytes] Changes in Proved Reserves [59,896 bytes] The right acquisition at the right time gave us the ability to strengthen our balance sheet with equity and to meet our targets ahead of schedule. As a result, we have increased our 1999 cash flow per share goal to $4. Bob Simpson Chairman and CEO - Cross Timbers Oil Company [12,499 bytes] Cross Timbers Oil Co. has successfully implemented a 5-year, aggressive growth strategy that has converted it from a small independent exploration ...
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