% | $
Quotes you view appear here for quick access.

Crosstex Energy, Komandit Şirket Message Board

  • earljr1 earljr1 Nov 20, 2012 10:29 AM Flag

    Guidance for 2013

    I wonder what that is about. I don't remember them doing that in the past.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • From earning's transcript...

      Before I review the quarter, I want to update you on the status of 2013 guidance. In the past, we have released guidance for the fourth quarter earnings, however, this year we plan to release 2013 guidance in early December. We will have a more detailed discussion of guidance as we usually do during our Banker and Analyst Meetings on January 22, and 23.

      • 2 Replies to corvup
      • Could it be that the company just does not have a handle yet on what the Ohio Valley and Sibon acquistions are going to contribute to the bottom line?

        Sentiment: Hold

      • Also of interest from call....

        As we outlined last quarter, we would not expect to raise distributions and dividends for the rest of this year. Nevertheless, our annual growth rate in 2012 would still represent about a 7% annual increase in distributions and a 20% annual increase in dividends over 2011.

        Looking ahead, we are confident that 2013 will be a transitional year for us. As the operations associated with Cajun-Sibon pipeline expansion and other NGL related projects come online next year, we anticipate that we will continue to see annual distribution growth rates of 8% to 10% per year and dividend growth rates of 20% to 25% per year.