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Crosstex Energy, Komandit Şirket Message Board

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  • lner2512 lner2512 Apr 10, 2010 5:18 PM Flag

    G&P comparisons

    See RGNC's Analyst Day presentation on their website--one slide shows lifting costs by major play, which I found very interesting because of the major differences. Haynesville, the Marcellus and Eagle Ford were the lowest, I believe, which might help you decide which G & P looks best.

    I own RGNC, like its position in the Haynesville, strong sponsorship, returns and projected increases in DCF for 2010. I also own MWE because of its Marcellus exposure and KGS because I believe the market is underestimating 2010 DCF and distribution possibilities. I sold CPNO because distributions seemed to have flat-lined for 2010.

    XTEX seems to be gaining some respect, but I'm getting just as much price appreciation by owning BX, plus I'm getting a current cash return. And if XTEX is bought out, BX will be a big winner.

    Can't say anything about the rest...

    • You said something interesting in your post..."if XTEX was bought out" or something like that. Anyway, suppose someone wanted to buyout XTEX now, do you think management would take $15 a share or do you think they would hold out for what they think they will see the company recover to...i.e. $30 to $40 a share?