By Dominic Jones | Published: May 15, 2007 | 
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Nothing to see, but much to ponder at XTO Energy
By Dominic Jones
AS PART of a continuing theme that many corporate websites are becoming increasingly irrelevant to investors due to poor management and a lack of a clear communication strategy, I offer two screenshots.
The first is from the events calendar page on XTO Energy Inc.’s (NYSE:XTO) investor relations website, which is hosted by Thomson Financial on a corporate-ir.net domain.
The second screenshot is of the calendar on XTO Energy’s Google Finance page.
Which site would you use?
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| The events calendar page on XTO Energy’s investor relations website shows no upcoming events. |
And here’s the calendar from Google Finance. Take note of which event is happening today — May 15, 2007.
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| So there are indeed events scheduled. And investors can add events to a Google calendar to get reminders. The fact that it’s the company’s Annual Meeting today and that’s not mentioned on the company’s own site is curious, to say the least. |
So what does this tell you about XTO Energy (IRWR Score: 23.08)? Is the IR department competent? Does the company have a strong commitment to corporate governance? Does the company keep its investors informed?
I don’t have any prior experience with them, so I have nothing else to judge them by except what I’ve experienced on their website.
Just like millions of other people.
Related:
IR calendars say more than you think
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