Crosstex Energy, L.P. - Company Capsule by ICDResearch

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									Crosstex Energy, L.P.

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Crosstex Energy, L.P. - Company Capsule

Reference Code: BR0231CC
Published Date: April 2011




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Crosstex Energy, L.P. - Company Capsule                                             Page 1
Crosstex Energy, L.P.

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Crosstex Energy, L.P. - Company Overview

Crosstex Energy, L.P. (Crosstex) is a midstream energy company engaged in gathering, transmission, treating,
processing, and marketing natural gas and natural gas liquids (NGLs). The company conducts its business through its
subsidiary, Crosstex Energy Services, L.P. and the subsidiaries of Crosstex Energy Services. Crosstex is involved in
connecting the wells of natural gas producers in its market areas to its gathering systems, treating natural gas for the
removal of impurities, processing natural gas for the removal of NGLs, fractionating NGLs into purity products, and
marketing those products. The company operates through two business segments, namely, Midstream and Treating. The
Midstream division gathers, processes, transmits, and markets natural gas and NGLs while the Treating division is
involved in removing impurities from natural gas. The company is headquartered in Dallas, Texas, the US.


Financial Performance

The company reported revenue of USD 1459.09 million during the fiscal year ended 2009. The company's revenue
declined at a CAGR of 31.12% during the period 2007-2009 with a year on year decline of 52.57% over fiscal year 2009.
During the fiscal year 2010, its operating margin was 0.15% as against an operating margin of 0.04% in fiscal year 2009.
During the fiscal year 2010, the company registered a net margin of 7.15% as against a net margin of 0.36% in the fiscal
year 2009.




Crosstex Energy, L.P. - Key Facts

Crosstex Energy, L.P., Key Facts

                                  2501 Cedar Springs, Dallas,
                                  Texas (TX), 75201, United         Ticker Symbol, Stock
Corporate Address:                                                                             XTEX (NASDAQ)
                                                                    Exchange
                                  States


Telephone                          + 1 214 9539500                  No. of Employees           456



Fax                               N/A                               Financial Year End         December



URL                               www.crosstexenergy.com            Revenue (in USD Million)   4,907.05



Industry                          Energy and Utilities



Locations                         United States

Source: Annual Report, Company Website, Primary and Secondary Research




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Crosstex Energy, L.P. - Company Capsule                                                                         Page 2
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Crosstex Energy, L.P. - Major Products and Services

Crosstex Energy Services, L.P. is engaged in gathering, transmitting, treating, processing, and marketing natural gas and
natural gas liquids (NGLs). The key services offered by the company include the following:

Crosstex Energy, L.P., Major Products and Services
Services:

Commercial Services

Gathering and Transmission

Processing and Fractionation

Treating
Source: Annual Report, Company Website, Primary and Secondary Research




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Crosstex Energy, L.P. - Company Capsule                                                                          Page 3
Crosstex Energy, L.P.

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Crosstex Energy, L.P. - Key Competitors

The following companies are the major competitors of Crosstex Energy, L.P.:

Plains All American Pipeline, L.P.

RGC Resources, Inc.

Enterprise Products Partners L.P.

Kinder Morgan Energy Partners, L.P.

DCP Midstream Partners, LP




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Crosstex Energy, L.P. - Company Capsule                                             Page 4
Crosstex Energy, L.P.

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Crosstex Energy, L.P. - Key Employees


Crosstex Energy, L.P., Key Employees


            Name                           Job Title                       Board Level     Since   Age


                           Director, Chief Executive Officer,
Barry E. Davis                                                       Executive Board               48
                           President


Bryan H. Lawrence          Director                                  Non Executive Board   2000    67


Cecil E. Martin, Jr.       Director                                  Non Executive Board           68


D. Dwight Scott            Director                                  Non Executive Board           46


Jennifer K. Johnson                                                  Senior Management


                           General Counsel, Executive Vice
Joe Davis                                                            Senior Management     2005    49
                           President


Kyle D. Vann               Director                                  Non Executive Board           62


Leldon E. Echols           Director                                  Non Executive Board           54


Michael J. Garberding                                                Senior Management


Rhys J. Best               Chairman                                  Executive Board       2009    63


Scott D. Williams                                                    Senior Management


Sheldon B. Lubar           Director                                  Non Executive Board           80


                           Senior Vice President - Engineering
Stan Golemon                                                         Senior Management             46
                           Operations

                           Chief Financial Officer, Executive Vice
William W. Davis                                                     Senior Management             56
                           President
Source: Annual Report, Company Website, Primary and Secondary Research




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Crosstex Energy, L.P. - Company Capsule                                                                 Page 5
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Crosstex Energy, L.P. - Locations and Subsidiaries

Head Office

Crosstex Energy, L.P.
2501 Cedar Springs
Dallas
Texas (TX)
Zip: 75201
United States
Tel: + 1 214 9539500




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Crosstex Energy, L.P. - Company Capsule                                             Page 6
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Crosstex Energy, L.P. - Financial Ratios

Financial Ratios - Annual Ratios
Crosstex Energy, L.P., Annual Ratios

                Key Ratios              Unit/Currency   2010         2009         2008         2007         2006
Equity Ratios
EPS (Earnings per Share)                    USD       
								
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