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Crosstex Energy Inc. (XTXI)

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20.94 Up 0.10(0.48%) 04:00 SGT

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Crosstex Energy Inc.
2501 Cedar Springs
Suite 100
Dallas, TX 75201
United States - Map
Phone: 214-953-9500
Fax: 214-953-9501
Website: http://www.crosstexenergy.com

Details 
Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Refining & Marketing
Full Time Employees:N/A

Business Summary 

Crosstex Energy, Inc., through its partnership interests in Crosstex Energy, L.P., engages in the gathering, transmission, processing, and marketing of natural gas and natural gas liquids (NGLs), and crude oil in the United States. The company connects the wells of natural gas producers in its market areas to its gathering systems; processes natural gas for the removal of NGLs; fractionates NGLs; and markets and transports natural gas and NGLs. It also purchases natural gas from natural gas producers and other supply sources; and sells that natural gas to utilities, industrial consumers, other marketers, and pipelines, as well as provides crude oil, condensate, and brine water services to producers. In addition, the company operates processing plants that process gas transported to the plants by interstate pipelines or from its gathering systems. Further, it purchases natural gas from producers not connected to its gathering systems for resale, as well as sells natural gas on behalf of producers; and through its crude oil terminal facilities in south Louisiana provides access for crude oil producers. As of March 6, 2013, the company operated approximately 3,500 miles of natural gas, NGLs, and oil pipelines, 10 natural gas processing plants, and 10 fractionators, as well as barge and rail terminals, product storage facilities, brine water disposal wells, and truck fleet. Crosstex Energy, Inc. was founded in 1996 and is headquartered in Dallas, Texas.

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Key Executives 
 PayExercised
Mr. Barry E. Davis , 51
Chairman, Chief Exec. Officer, Pres, Chief Exec. Officer of Crosstex Energy GP LLC, Pres of Crosstex Energy GP LLC and Director of Crosstex Energy GP LLC
1.16M0.00
Mr. Michael J. Garberding , 44
Chief Financial Officer, Chief Accounting Officer and Exec. VP
658.00K0.00
Mr. William W. Davis CPA, 59
Chief Operating Officer and Exec. VP
795.00K0.00
Mr. Joe A. Davis , 52
Exec. VP, Gen. Counsel and Sec.
721.00K0.00
Mr. Stan Golemon , 49
Sr. VP of Engineering & Operations
463.00K0.00
Amounts are as of Dec 31, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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