Rants and Raves

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Crosstex Energy Services (XTXI, news, msgs) suffers from a double whammy. It's been crushed with the energy group. And as a master limited partnership (MLP) operating natural-gas infrastructure, Crosstex has substantial debt. It borrowed a weighty $1.1 billion to build pipelines and processing plants.

Investors worry the credit crunch will make it hard for Crosstex to refinance that debt, causing it to sell valuable assets cheap. Or even worse, it might cut its dividend -- one of its main attractions. MLPs pay out virtually all profits as dividends. Crosstex now boasts a juicy 32% dividend yield.