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Crosstex Energy LP (XTEX)

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16.61 Up 0.51(3.17%) May 25, 4:00PM EDT

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Crosstex Energy LP
2501 Cedar Springs
Suite 100
Dallas, TX 75201
United States - Map
Phone: 214-953-9500
Fax: 214-953-9501
Website: http://www.crosstexenergy.com

Details 
Index Membership:N/A
Sector:Basic Materials
Industry:Independent Oil & Gas
Full Time Employees:494

Business Summary 

Crosstex Energy, L.P. operates as an independent midstream energy company. The company, through its subsidiary, Crosstex Energy Services, L.P., engages in gathering, transmission, processing, and marketing natural gas and natural gas liquids (NGLs) in the north Texas Barnett shale area and Louisiana. Its activities include connecting the wells of natural gas producers to its gathering systems; processing natural gas for the removal of NGLs; fractionating NGLs into purity products, such as ethane, propane, isobutene, normal butane, natural gasoline, and stabilized condensate; marketing those NGL products; transporting natural gas; and providing it to various markets. The company also purchases natural gas from natural gas producers and other supply sources, and sells that natural gas to utilities, industrial consumers, and other marketers and pipelines. In addition, it purchases natural gas from producers not connected to its gathering systems for resale. The company operates approximately 3,300 miles of natural gas gathering and transmission, and NGL pipelines. Crosstex Energy GP, LLC serves as the general partner of the company. Crosstex Energy, L.P. was founded in 1992 and is headquartered in Dallas, Texas.

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Key Executives 
 PayExercised
Mr. Barry E. Davis , 50
Chief Exec. Officer of Crosstex Energy GP LLC, Pres of Crosstex Energy GP LLC and Director of Crosstex Energy GP LLC
1.20M0.00
Mr. Michael J. Garberding , 43
Chief Financial Officer Crosstex Energy GP LLC, Principal Accounting Officer of Crosstex Energy GP LLC and Sr. VP of of Crosstex Energy GP LLC
542.00K0.00
Mr. William W. Davis CPA, 58
Chief Operating Officer of Crosstex Energy GP LLC and Exec. VP of Crosstex Energy GP LLC
881.00K0.00
Mr. Joe A. Davis , 51
Exec. VP of Crosstex Energy GP LLC, Gen. Counsel of Crosstex Energy GP LLC and Sec. of Crosstex Energy GP LLC
702.00K0.00
Mr. Stan Golemon , 48
Sr. VP of Engineering & Operations of Crosstex Energy GP LLC
454.00K0.00
Amounts are as of Dec 30, 2011 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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