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Crosstex Energy, AŞ Message Board

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  • rrb1981 rrb1981 Dec 21, 2005 2:22 PM Flag

    Yorktown decline about due

    Only on the amount that is past the 50/50 split, which starts around $1.50/unit. XTXI, not counting the LP units that it owns, gets 23% of the total cash paid out by XTEX (for every unit outstanding, roughly $2.56 is paid out, with $.60 going to the GP and $1.96 going to the LP).

    The amount they make from the 2%, 15% tier, and 25% tier is rather miniscule, totaling around .15/unit.