Crosstex Declares Quarterly Distribution and Dividend
October 21 2011 - 6:30AM
Business Wire
The Crosstex Energy companies today announced the declaration of
the quarterly distribution for Crosstex Energy, L.P. (NASDAQ: XTEX)
(the Partnership) and the quarterly dividend for Crosstex Energy,
Inc. (NASDAQ: XTXI) (the Corporation) from the third quarter of
2011:
- The quarterly distribution on the
Partnership’s common units will be $0.31 per unit. The distribution
is payable November 11 to unitholders of record October 31.
- The quarterly dividend on the
Corporation’s common stock will be $0.10 per share. The dividend is
payable November 11 to shareholders of record October 31.
About the Crosstex Energy
Companies
Crosstex Energy, L.P., a midstream natural gas company
headquartered in Dallas, Texas, operates approximately 3,300 miles
of pipeline, nine processing plants and three fractionators.
Crosstex Energy, L.P. currently provides services for 3.2 billion
cubic feet of natural gas per day, or approximately six percent of
marketed U.S. daily production.
Crosstex Energy, Inc. owns the two percent general partner
interest, a 25 percent limited partner interest and the incentive
distribution rights of Crosstex Energy, L.P.
Additional information about the Crosstex companies can be found
at www.crosstexenergy.com.
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