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Crosstex Energy, Inc. Message Board

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  • rrb1981 rrb1981 Apr 11, 2006 8:52 PM Flag

    we seem to be back to where we were

    Indeed it is a good time to buy if you think the company is fundamentally sound.

    I'm not sure what pipeline you are refering to.

    I think the increased Yorktown liquidity has really contributed to the problem. While volume hasn't been much higher, the overhand of 700K shares in the hands of investors, many of which will choose to sell some or all, puts a lot of selling pressure on XTXI.

    The Barnett Pipeline should show up in the 2Q results, and really show on the 3Q.

    One thing that is new is that, I listened to the IPAA conference call, and Barry Davis mentioned that aside from adding compression to the North Texas Pipeline, they may look at looping. This is good news, in that the additional compression does not provide enough capacity.

 
XTXI
37.600.00(0.00%)Mar 7 4:00 PMEST