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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