| | Call Details | Crosstex Energy, L.P. Earnings Conference Call (Q3 2009) Fri,
Nov 6, 2009, 11:00 am Eastern
| | About Crosstex Energy, L.P.
(NasdaqGS:XTEX) |
| | Crosstex Energy, L.P., through its subsidiary Crosstex Energy Services, L.P., operates as an independent midstream energy company. It operates in two segments, Midstream and Treating. The Midstream segment focuses on the gathering, processing, transmission, and marketing of natural gas and natural gas liquids in Texas Gulf Coast in the north Texas Barnett Shale area, and in Louisiana and Mississippi. It also offers natural gas marketing services on behalf of producers for natural gas. As of December 31, 2008, this segment had approximately 5,700 miles of pipeline, 12 natural gas processing plants, and 4 fractionators. The Treating segment focuses on the removal of impurities, such as carbon dioxide and hydrogen sulfide from natural gas prior to delivering the gas into pipelines in the Texas and Louisiana gulf coast. It also involves in dew point control business. This segment had approximately 225 natural gas amine-treating plants and 56 dew point control plants. Crosstex Energy GP, L.P. serves as the general partner for Crosstex Energy, L.P. The company was founded in 1992 and is based in Dallas, Texas. |
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Analyst Ratings | | About CROSSTEX ENERGY INC
(NasdaqGS:XTXI) |
| | Crosstex Energy, Inc., through its partnership interest in Crosstex Energy, L.P., engages in gathering, transmission, treating, processing, and marketing natural gas and natural gas liquids (NGLs) in the United States. The company connects the wells of natural gas producers in its market areas to its gathering systems; treats natural gas to remove impurities; processes natural gas for the removal of NGLs; fractionates NGLs into purity products; and transports natural gas to various markets. It also purchases natural gas from natural gas producers and other supply points; and sells that natural gas to utilities, industrial consumers, other marketers, and pipelines. In addition, it operates processing plants that process gas transported to the plants by interstate pipelines or from its own gathering systems. Further, the company purchases natural gas from producers not connected to gathering systems for resale and sells natural gas on behalf of producers. As of December 31, 2008, it operated approximately 5,700 miles of natural gas gathering and transmission pipelines, 12 natural gas processing plants, 4 fractionators, and 200 treating and dew point control plants. The company was founded in 1996 and is based in Dallas, Texas. |
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