Crosstex Energy, Inc., through its subsidiaries, engages in gathering, transmission, treating, processing, and marketing natural gas and natural gas liquids (NGLs) in the United States. It connects the wells of natural gas producers in its market areas to its gathering systems in order to purchase the gas production; 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. The company also purchases natural gas from natural gas producers and other supply points, and sells it to utilities, industrial consumers, other marketers, and pipelines. In addition, Crosstex Energy operates processing plants that process gas transported to the plants by interstate pipelines or from its own gathering systems. As of December 31, 2007, it operated approximately 5,000 miles of natural gas gathering and transmission pipelines, 12 natural gas processing plants, 4 fractionators, and 190 treating and dew point control plants. The company, formerly Crosstex Energy Holdings, Inc., was founded in 1996 and is based in Dallas, Texas.
Crosstex Energy, Inc. (NASDAQ: XTXI - News) (the Corporation) owns the two percent general partner interest, a 34 percent limited partner interest, and the incentive distribution rights of Crosstex Energy, L.P.
Crosstex Energy Inc.
2501 Cedar Springs
Dallas, TX 75201
United States - Map
Web Site: http://www.crosstexenergy.com
Natural Gas Supply and Demand
Global Oil and Gas study 2008
World Natural Gas Consumption by Region