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NEW YORK, Nov 4 (Reuters) - XTO Energy Inc posted better-than-expected third quarter profit on Wednesday and raised its full-year production target growth to 23 percent from 20 percent. Third-quarter profit was $500 million, or 86 cents per share, compared with $521 million, or 94 cents per share in the same quarter a year earlier. Excluding loss on the value of trading positions, XTO's profit of 88 cents per share topped the 84 cents that analysts had forecast, according to Thomson Reuters I/B/E/S. Revenues rose 8 percent to $2.29 billion, slightly above the $2.23 billion that analysts had forecast. Production in the quarter was 2.95 billion cubic feet equivalent per day, up 23 percent from 2.39 billion cubic feet equivalent per day a year earlier. (Reporting by Matt Daily; Editing by Derek Caney) Keywords: XTO/ (matt.daily@thomsonreuters.com; Reuters Messaging: matt.daily.reuters.com@reuters.net; +1 646 223 6121) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
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