Crosstex Energy LP (NASDAQ:XTEX)

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21.52 +0.36 / +1.70%
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21.52 -0.003 / -0.01%
 
Volume: 600.00
SECTOR
Industrial Services
INDUSTRY
Oil & Gas Pipelines
MARKET CAP
$1.7B

Company Description

Crosstex Energy LP is an independent midstream energy company. The company through its subsidiary, Crosstex Energy Services LP, is engaged in the gathering, transmission, processing and marketing of natural gas, natural gas liquids, and providing terminal services for crude oil. It operates processing plants that process gas transported to the plants by interstate pipelines or from its own gathering systems under a variety of fee arrangements. Its midstream assets consist of natural gas gathering and transmission and natural gas liquid pipelines. Its gathering systems consist of a network of pipelines that collect natural gas from points near producing wells and transport it to larger pipelines for further transmission. Its transmission pipelines primarily receive natural gas from its gathering systems and from third party gathering and transmission systems and deliver natural gas to industrial end-users, utilities and other pipelines. Crosstex Energy was founded by Barry E. Davis in December 1996 and is headquartered in Dallas, TX.

Contact Information

Crosstex Energy LP
2501 Cedar Springs
Dallas Texas 75201
P:(214) 953-9500
Investor Relations:
(214) 953-9500

Employees

Shareholders

Other institutional27.87%
Individual stakeholders27.21%
Mutual fund holders14.59%

Top Executives

Barry E. DavisPresident, Chief Executive Officer & Director
William W. Davis, CPAChief Operating Officer & Executive Vice President
Michael J. Garberding, MBAChief Financial Officer & Executive Vice President
Joe A. DavisSecretary, Executive VP & General Counsel
Michael S. BurdettSenior Vice President-Commercial

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