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XTO
Energy Inc. Added to
KLD's Domini 400 Social Index
BOSTON,
MA - April 8, 2005 - KLD
Research & Analytics, Inc. announced today that XTO Energy
Inc. (XTO) has been added to KLD’s Domini 400 SocialSM
Index (DS 400 Index). XTO Energy Inc. is headquartered
in Fort Worth, Texas.
XTO
Energy Inc. acquires, develops, and explores properties
for gas and oil. The company also processes and markets
natural gas. The company has reserves in Alaska, Arkansas,
Colorado, Kansas, Louisiana, New Mexico, Oklahoma, Texas,
Utah, and Wyoming.
Reasons KLD added
the company to the Domini 400 Social Index
- XTO Energy derived
approximately 83% of its FY 2004 revenues from the production
of natural gas, a fuel with substantial environmental
advantages over oil and coal.
- XTO Energy has effectively
managed risks associated with companies involved in
the exploration and production of oil and gas. These
risks include: high emissions of toxic pollutants; gas
releases and oil spills from pipeline and drilling operations;
and employee health and safety risks in drill rig operations.
- The company is notably
generous in its contributions to employee retirement
plans. These plans are covered through a 401(k) savings
plan through which XTO Energy matches up to 10% of employee
compensation. In FY 2004, the company contributed approximately
$5,000 per employee to this plan.
- XTO Energy is an S&P
500 company. This addition brings the total number of
S&P 500 companies on the DS 400 Index to 246.
About the KLD Family of Indexes
KLD’s
family of social, environmental and sustainability indexes
includes: the Domini 400 SocialSM
Index (DS 400 Index), launched in 1990, is the established
benchmark for measuring the impact of social screening
on financial performance; the KLD Catholic Values 400SM
Index, launched in 1998, is modeled on KLD's DS 400 Index;
the KLD Broad Market SocialSM
Index (KLD BMS Index), launched in 2001, is the screened
subset of the Russell 3000® Index; the
KLD Large Cap SocialSM
Index (KLD LCS Index), launched in 2001, is the screened
subset of the Russell 1000® Index; the
KLD NASDAQ Social Index (KLD NS Index), launched in 2002,
is modeled on the NASDAQ Composite Index; the KLD Select
SocialSM Index, launched
in 2004, is the first US index maximizing sustainability
factors.
About KLD Research & Analytics,
Inc.
KLD Research & Analytics, Inc. is an independent investment
research firm providing investment management tools used
by professionals to serve clients requiring investment
strategies based on social and environmental responsibility.
KLD products and services, including Socrates (a web-based,
company research tool) are used for screening, compliance
and asset gathering.
For more information about KLD or its family of Indexes,
please see our website (www.kld.com)
or contact Karen Agredo by phone (617.426.5270) or via
e-mail (kagredo@kld.com).
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