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Ohio Utica Shale

Crosstex Energy companies announce quarterly distribution

By Bob Downing Published: October 18, 2013

A press statement today from Crosstex Energy:

DALLAS, October 18, 2013 – 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 2013:

 

  • The quarterly distribution on the Partnership’s common units will be $0.34 per unit. The distribution is payable November 12 to unitholders of record October 30.

 

  • The quarterly dividend on the Corporation’s common stock will be $0.13 per share. The dividend is payable November 14 to shareholders of record October 30.

 

 

About the Crosstex Energy Companies

 

Crosstex Energy, L.P. (NASDAQ: XTEX) is an integrated midstream energy partnership headquartered in Dallas that offers diversified, tailored customer solutions spanning the energy value chain with services and infrastructure that link energy production with consumption. XTEX operates approximately 3,500 miles of natural gas, natural gas liquids and oil pipelines, 10 natural gas processing plants and four fractionators, as well as barge and rail terminals, product storage facilities, brine disposal wells and an extensive truck fleet. XTEX has the right platform, the right opportunities and the right people to pursue its growth-focused business strategy.

 

Crosstex Energy, Inc. (NASDAQ: XTXI) owns the general partner interest, the incentive distribution rights and a portion of the limited partner interests in Crosstex Energy, L.P. as well as the majority interest in E2, a services company focused on the Utica Shale play in the Ohio River Valley.

 

Additional information about the Crosstex companies can be found at www.crosstexenergy.com.

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