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Crosstex Energy, AŞ Message Board

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  • rrb1981 rrb1981 Nov 28, 2005 3:40 PM Flag

    to rrb1981 re leverage

    All the more reason for XTEX to finance more than 50% of any deals they do (organic or acquisition) with equity. That way, if in the future, equity is hard to issue, then can bring the ratio back down to a 50/50 by using more debt than equity. Personally, I would like to see them do another offering of 100 million to 150 million in anticipation of the numerous projects that they have coming online. The MLP market is getting very crowded and one has to wonder how long the demand for MLP's will be so robust (i.e. low yields).