Crosstex Energy L.P. (NASDAQ:XTEX)
Industry: Basic Materials

Crosstex Energy, L.P. operates as an independent midstream energy company. The company, through its subsidiary, Crosstex Energy Services, L.P., engages in gathering, transmission, processing, and marketing natural gas, natural gas liquids (NGLs), and crude oil primarily in the north Louisiana, north Texas, and Ohio River Valley. Its activities include connecting the wells of natural gas producers to its gathering systems; processing natural gas for the removal of NGLs; fractionating NGLs into purity products, such as ethane, propane, isobutane, normal butane, natural gasoline, and stabilized condensate; marketing those NGL products; and transporting natural gas. The company also purchases natural gas from natural gas producers and other supply sources, and sells that natural gas to utilities, industrial consumers, other marketers, and pipelines. In addition, it purchases natural gas from producers not connected to its gathering systems for resale. As of February 6, 2014, the company operated approximately 3,500 miles of natural gas, natural gas liquids, and oil pipelines, as well as 10 natural gas processing plants and 4 fractionators. Crosstex Energy GP, LLC serves as the general partner of the company. Crosstex Energy, L.P. was founded in 1992 and is headquartered in Dallas, Texas.

Current Quote*
Last: $12.180
Change: 0.000
Book: $2.600
Volume: 1,757,581

As Of: 01/25 13:29 ET
*Quotes delayed by 20min.

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