You're making a bet that XTEX will survive their near-death experience of this Spring, by continuing to sell off assets, reduce debt, and--most important--re-finance the rest of the debt to extend the due dates. Their remaining operations are mostly in two good areas, the Barnett and Haynesville Shale plays, but they have other assets that are not profitable.
Management has a big stake and has been making real progress in selling off assets and reducing debt, so you should be OK if you can wait until 2010. Their success to date has earned them a $6.50 fair value estimate from Morningstar (http://quote.morningstar.com/stock/s.aspx?t=xtex). With any luck, they'll also resume their distributions in 2010.
BTW, you don't own stock, you own partnership units. Check out the Alerian website or learn the definition of MLP's if this is news to you.