General | Quarterly / Earnings Reports
Crosstex Highlights Devon Asset Combo, Permian Expansion in Q3
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The Crosstex Energy companies, Crosstex Energy, L.P. and Crosstex Energy, Inc., reported results for the third quarter of 2013.
Barry E. Davis, Crosstex President and Chief Executive Officer, commented: "We are pleased with our solid financial performance in the third quarter. With the announced combination with Devon’s midstream assets, the completion of phase one of the Cajun-Sibon expansion project and our newly announced natural gas gathering and processing complex in the Permian basin, we are achieving our objective for greater scale and diversity, and we believe the prospects for growth at Crosstex are stronger than ever."
Q3 2013 vs. Q3 2012 — Crosstex Energy, L.P. Financial ResultsThe Partnership realized adjusted EBITDA of $52.5 million and distributable cash flow of $32.8…
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