Crosstex Energy Inc (NASDAQ:XTXI) will hold a conference call on Thursday, May 8 at 11:00 am (ET) to discuss the first quarter earnings for 2008. Interested parties may join the call by dialing 888-713-4218 and the passcode 28628922. Callers from outside the
Crosstex Energy, Inc. was established to engage in the gathering, transmission, treating, processing and marketing of natural gas and natural gas liquids (NGLs) through its subsidiaries. The Company’s assets consist almost of partnership interests in Crosstex Energy, L.P. (CELP), which is engaged in the gathering, transmission, treating, processing and marketing of natural gas and NGLs.
These partnership interests consist of 16,414,830 common units representing an aggregate 36% limited partner interest in CELP, and 100% ownership interest in Crosstex Energy GP, L.P., the general partner of CELP, which owns a 2% general partner interest and all of the incentive distribution rights in CELP. CELP is an independent midstream energy company engaged in the gathering, transmission, treating, processing and marketing of natural gas and NGLs. CELP has two operating segments: Midstream and Treating.
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