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Sunday, November 22, 2009, 5:00AM ET - U.S. Markets Closed. Dow Down 0.14% Nasdaq Down 0.50%
Crosstex Energy Inc. (XTXI)On Nov 20: 4.94  Down 0.07 (1.40%)  
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Crosstex Energy Inc.
2501 Cedar Springs
Suite 100
Dallas, TX 75201
United States - Map
Phone: 214-953-9500
Fax: 214-953-9501
Web Site: http://www.crosstexenergy.com

DETAILS 
Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Refining & Marketing
Full Time Employees:780

BUSINESS SUMMARY 
Crosstex Energy, Inc., through its partnership interest in Crosstex Energy, L.P., engages in gathering, transmission, treating, processing, and marketing natural gas and natural gas liquids (NGLs) in the United States. The company connects the wells of natural gas producers in its market areas to its gathering systems; treats natural gas to remove impurities; processes natural gas for the removal of NGLs; fractionates NGLs into purity products; and transports natural gas to various markets. It also purchases natural gas from natural gas producers and other supply points; and sells that natural gas to utilities, industrial consumers, other marketers, and pipelines. In addition, it operates processing plants that process gas transported to the plants by interstate pipelines or from its own gathering systems. Further, the company purchases natural gas from producers not connected to gathering systems for resale and sells natural gas on behalf of producers. As of December 31, 2008, it operated approximately 5,700 miles of natural gas gathering and transmission pipelines, 12 natural gas processing plants, 4 fractionators, and 200 treating and dew point control plants. The company was founded in 1996 and is based in Dallas, Texas.
Key Statistics

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    CORPORATE GOVERNANCE 
    Crosstex Energy Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 41.2% of Russell 3000 companies and 39.8% of Energy companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Barry E. Davis , 47
    Chairman, Chief Exec. Officer, Pres, Chief Exec. Officer of Crosstex Energy GP LLC, Pres of Crosstex Energy GP LLC of Crosstex Energy GP LLC
    $ 513.00K $ 0
    Mr. William W. Davis CPA, 55
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Chief Financial Officer of Crosstex Energy GP LLC and Exec. VP of Crosstex Energy GP LLC
    $ 462.00K $ 0
    Mr. Robert S. Purgason , 52
    Chief Operating Officer, Exec. VP, Chief Operating Officer of Crosstex Energy GP LLC and Exec. VP of Crosstex Energy GP LLC
    $ 345.00K $ 0
    Mr. Jack M. Lafield , 58
    Exec. VP of Special Projects
    $ 345.00K $ 0
    Mr. Joe A. Davis , 48
    Exec. VP, Sec., Gen. Counsel, Exec. VP of Crosstex Energy GP LLC, Sec. of Crosstex Energy GP LLC and Gen. Counsel of Crosstex Energy GP LLC
    $ 328.00K $ 0
    Dollar amounts are as of 31-Dec-08 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.
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