Crosstex Energy LP

Sector: Natural Gas Transmission Region: TX, United States

Exchange/Ticker: Nasdaq: XTEX

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.

Similar to: Atlas Pipeline Partners LP, ONEOK Partners LP, Genesis Energy LP

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