SOURCE: Industrial Info Resources

Industrial Info Resources

August 09, 2013 06:30 ET

Crosstex Energy Endures Tough Natural Gas Market in Second-Quarter 2013, Bets Big on Utica, Marcellus, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Aug 9, 2013) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- Crosstex Energy LP (NASDAQ:XTEX) (Dallas, Texas), a leading midstream natural gas company that is partly owned by Crosstex Energy Incorporated (NASDAQ:XTXI) (Dallas), reported declines revenues and profit losses for the second quarter of 2013, as a weak natural gas-processing environment and higher expenses offset gains from U.S. shale plays. Industrial Info is tracking $471 million in active projects involving Crosstex.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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