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Crosstex Energy LP

 
Hoover's Profile: Crosstex Energy, L.P.
(NASDAQ (GS):XTEX)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Crosstex Energy, L.P.
2501 Cedar Springs, Ste. 100
Dallas, TX 75201
TX Tel. 214-953-9500
Toll Free 866-427-8732
Fax 214-953-9501

Type: Public
On the web: http://www.crosstexenergy.com
Employees: 780
Employee growth: 11.4%

Across the Gulf of Mexico region of the US, Crosstex Energy is hard at work pushing natural gas. The company gathers, transports, treats, and processes natural gas through more than 3,300 miles of natural pipeline, 10 processing plants, three fractionators, and 225 gas treating plants. Its revenues are generated through the purchase and resale of natural gas from more than 40 independent producers located along the US Gulf Coast from Texas to Florida. Through its treating division, Crosstex cleans carbon dioxide and hydrogen sulfide from natural gas, enabling it to meet pipeline quality requirements. Crosstex Energy Inc. owns and controls the general partner of Crosstex Energy.

Key numbers for fiscal year ending December, 2008:
Sales: $4,907.0M
One year growth: 27.1%
Net income: $10.8M
Income growth: (22.4%)

Officers:
Chairman: Rhys J. Best
President and CEO: Barry E. Davis
EVP and CFO: William W. Davis

Competitors:
DCP Midstream Partners
Enterprise Products
Kinder Morgan Energy Partners

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