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Crosstex Energy, Inc.
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12/19/07Crosstex Energy, L.P. Announces Closing of Public Offering
DALLAS--(BUSINESS WIRE)--Dec. 19, 2007--Crosstex Energy, L.P. (NASDAQ:XTEX) (the Partnership) announced today that it has closed its public offering of 1.8 million common units representing limited partner interests in the Partnership at a price of $33.28 per unit. The Partnership has also granted the underwriters a 30-day option to purchase up to an additional 270,000 common units. The Partnership expects to use the net proceeds of the offering to repay outstanding borrowings under i... 
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12/14/07Crosstex Energy, L.P. Announces Pricing of Public Offering
DALLAS, Dec 14, 2007 (BUSINESS WIRE) -- Crosstex Energy, L.P. (NASDAQ: XTEX) (the Partnership) announced today that it has priced its public offering of 1.8 million common units representing limited partner interests in the Partnership at $33.28 per unit. The Partnership has also granted the underwriters a 30-day option to purchase up to an additional 270,000 common units. The Partnership expects to use the net proceeds of the offering to repay outstanding borrowings under its $1.185 billi... 
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12/13/07Crosstex Energy, L.P. Announces Public Offering of 1.8 Million Common Units
DALLAS--(BUSINESS WIRE)--Dec. 13, 2007--Crosstex Energy, L.P. (NASDAQ:XTEX) (the Partnership) announced today that it has commenced a public offering of 1.8 million common units representing limited partner interests in the Partnership. The Partnership is expected to grant the underwriters a 30-day option to purchase an additional 270,000 common units to cover over-allotments, if any. The Partnership expects to use the net proceeds of the offering to repay outstanding borrowings under... 
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11/28/07Crosstex to Present December 6 at Sixth Annual Wachovia Pipeline and Energy MLP Conference in New York
DALLAS--(BUSINESS WIRE)--Nov. 28, 2007--Crosstex Energy, L.P. (NASDAQ: XTEX) and Crosstex Energy, Inc. (NASDAQ: XTXI) announced today that William W. Davis, Executive Vice President and Chief Financial Officer, will present at the Sixth Annual Wachovia Pipeline and Energy MLP Conference in New York at 1:50 p.m. Eastern time on Thursday, December 6. The presentation will not be web cast, but interested parties can download the related presentation material immediately prior to th... 
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11/14/07Crosstex to Present November 15 at RBC Capital Markets MLP Conference in Dallas
DALLAS--(BUSINESS WIRE)--Nov. 14, 2007--Crosstex Energy, L.P. (NASDAQ:XTEX) and Crosstex Energy, Inc. (NASDAQ:XTXI) announced today that William W. Davis, Executive Vice President and Chief Financial Officer, will present at the RBC Capital Markets MLP Conference in Dallas at 4:00 p.m. Central time on Thursday, November 15. Interested parties can listen to a live audio web cast of Crosstex's presentation and download the related presentation material by visiting the company's we... 
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11/08/07Crosstex Energy Reports Third-Quarter 2007 Results
Recent Projects Expand Companies' Capacity and Contribute to Record Quarter DALLAS--(BUSINESS WIRE)--Nov. 8, 2007--The Crosstex Energy companies, Crosstex Energy, L.P. (NASDAQ: XTEX) (the Partnership) and Crosstex Energy, Inc. (NASDAQ: XTXI) (the Corporation) today reported earnings for the third quarter of 2007. Third-Quarter 2007 -- Crosstex Energy, L.P. Financial Results The Partnership reported net income of $2.1 million in the third qu... 
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10/24/07Crosstex Declares Quarterly Distribution and Dividend
DALLAS--(BUSINESS WIRE)--Oct. 24, 2007--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): -- The quarterly distribution on the Partnership's common and subordinated units will increase from $0.57 per unit to $0.59 per unit, payable November 15 to unitholders of record ... 
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10/15/07Crosstex Energy Hosts Third-Quarter 2007 Earnings Conference Call
DALLAS--(BUSINESS WIRE)--Oct. 15, 2007--Crosstex Energy, L.P. (NASDAQ: XTEX) and Crosstex Energy, Inc. (NASDAQ: XTXI) will hold a conference call to discuss third-quarter 2007 financial results on Thursday, November 8, at 10:00 a.m. Central time (11:00 a.m. Eastern time). The dial-in number for the call is 1-800-299-9630, and the passcode is Crosstex. Callers outside the United States should dial 1-617-786-2904, and the passcode is Crosstex. Interested parties can access a live... 
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08/30/07Crosstex Energy to Construct $80 Million 29-Mile Pipeline Expansion in Barnett Shale Region
New Gathering System to Service Major Gas Producers in North Johnson County DALLAS--(BUSINESS WIRE)--Aug. 30, 2007--Crosstex Energy, L.P. (NASDAQ: XTEX) (the Partnership) today announced it will construct a 29-mile natural gas pipeline in north Johnson County, Texas, to provide greater takeaway capacity to natural-gas producers in the Barnett Shale formation. Total capital costs are estimated to be approximately $80 million. The ultimate capaci... 
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08/09/07Crosstex Energy Reports Second-Quarter 2007 Results
DALLAS--(BUSINESS WIRE)--Aug. 9, 2007--The Crosstex Energy companies, Crosstex Energy, L.P. (NASDAQ: XTEX) (the Partnership) and Crosstex Energy, Inc. (NASDAQ: XTXI) (the Corporation) today reported earnings for the second-quarter 2007. Second-Quarter 2007 -- Crosstex Energy, L.P. Financial Results The Partnership reported net income of $2.9 million in the second quarter of 2007, compared with a net loss of $2.3 million in the second quarter of 2006. The Partnership's distri... 
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07/24/07Crosstex Declares Quarterly Distribution and Dividend
DALLAS--(BUSINESS WIRE)--July 24, 2007--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): -- The quarterly distribution on the Partnership's common and subordinated units of $0.57 per unit will be payable August 15 to unitholders of record August 2. -- The quarterly d... 
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07/19/07Crosstex Energy Hosts Second-Quarter 2007 Earnings Conference Call
DALLAS--(BUSINESS WIRE)--July 19, 2007--Crosstex Energy, L.P. (NASDAQ:XTEX) and Crosstex Energy, Inc. (NASDAQ:XTXI) will hold a conference call to discuss second-quarter 2007 financial results on Thursday, August 9, at 10:00 a.m. Central time (11:00 a.m. Eastern time). The dial-in number for the call is 1-800-320-2978, and the passcode is Crosstex. Callers outside the United States should dial 1-617-614-4923, and the passcode is Crosstex. Interested parties can access a live We... 
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06/18/07Crosstex to Present June 26 at 17th Annual Wachovia Nantucket Equity Conference
DALLAS--(BUSINESS WIRE)--June 18, 2007--Crosstex Energy, L.P. (Nasdaq:XTEX) and Crosstex Energy, Inc. (Nasdaq:XTXI) announced today that William W. Davis, Executive Vice President and Chief Financial Officer, will make a presentation at the 17th Annual Wachovia Nantucket Equity Conference at 2:00 p.m. (Eastern time) on Tuesday, June 26. Interested parties can listen to a live audio web cast of Crosstex's presentation and download the related presentation material by visiting th... 
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05/31/07Crosstex Rewards Employees for Donating Supplies to Captain Hope's Kids with a Pie in the Face
Crosstex Employees Ended Donation Drive Benefiting Homeless Children with Pie Throwing at Top Management DALLAS--(BUSINESS WIRE)--May 31, 2007--Employees of Crosstex Energy, L.P. (NASDAQ: XTEX) in Dallas, Texas recently donated more than 3,000 basic need items for homeless children through Captain Hope's Kids, and the management team honored their charitable giving with a personal sacrifice of their own. In order to encourage over 250 employees of Crosstex to ... 
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05/31/07James T. Reynolds Joins Crosstex as Senior Vice President of Treating
DALLAS--(BUSINESS WIRE)--May 31, 2007--Crosstex Energy, L.P. (NASDAQ: XTEX) today announced the appointment of James T. Reynolds as Senior Vice President of the company's Treating Division. Reynolds has more than 20 years of experience in the oil and gas industry with expertise in the sciences and technologies associated with the treating business. In addition, he has a solid track record in management and has led the growth of service businesses. Reynolds will report to Crosstex Exec... 
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05/10/07Crosstex Energy Reports First-Quarter 2007 Results
DALLAS--(BUSINESS WIRE)--May 10, 2007--The Crosstex Energy companies, Crosstex Energy, L.P. (NASDAQ: XTEX) (the Partnership) and Crosstex Energy, Inc. (NASDAQ: XTXI) (the Corporation) today reported earnings for the first-quarter 2007. First-Quarter 2007 -- Crosstex Energy, L.P. Financial Results The Partnership reported a net loss of $5.3 million in the first quarter of 2007, compared with net income of $2.0 million in the first-quarter 2006. The Partnership's distributable... 
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05/07/07Crosstex Energy Receives Prestigious Safety Award from Gas Processors Association
DALLAS--(BUSINESS WIRE)--May 7, 2007--The Gas Processors Association (GPA) has recognized Crosstex Energy, L.P. (NASDAQ: XTEX) (the Partnership) for the company's outstanding safety record in 2006 and awarded Crosstex second place in the GPA's Division I category. Crosstex employees worked more than 815,000 hours in 2006 with the second-lowest incident rate among the largest companies in the oil and gas industry, operating in the United States. This is the first year Crosstex has been... 
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04/26/07Crosstex Energy Hosts First-Quarter 2007 Earnings Conference Call
DALLAS, Apr 26, 2007 (BUSINESS WIRE) -- Crosstex Energy, L.P. (Nasdaq:XTEX) and Crosstex Energy, Inc. (Nasdaq:XTXI) will hold a conference call to discuss first-quarter 2007 financial results on Thursday, May 10, at 10:00 a.m. Central time (11:00 a.m. Eastern time). The dial-in number for the call is 1-866-770-7129, and the passcode is Crosstex. Callers outside the United States should dial 1-617-213-8067, and the passcode is Crosstex. Interested parties can access a live Web cast of the ... 
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04/23/07Crosstex Declares Quarterly Distribution and Dividend
DALLAS--(BUSINESS WIRE)--April 23, 2007--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): -- The quarterly distribution on the Partnership's common and subordinated units of $0.56 per unit will be payable May 15 to unitholders of record May 2. -- The quarterly divide... 
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04/16/07Crosstex to Present April 24 at IPAA Oil & Gas Investment Symposium in New York
DALLAS--(BUSINESS WIRE)--April 16, 2007--Crosstex Energy, L.P. (NASDAQ: XTEX) and Crosstex Energy, Inc. (NASDAQ: XTXI) announced today that Robert S. Purgason, Executive Vice President and Chief Operating Officer, will present at the Oil & Gas Investment Symposium in New York hosted by the Independent Petroleum Association of America (IPAA) at 4:35 p.m. Eastern time on Tuesday, April 24. Interested parties can listen to a live audio web cast of Crosstex's presentation and do... 
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04/03/07Crosstex Energy Places in Service $90 Million 72-Mile Pipeline Expansion in Northern Louisiana
DALLAS--(BUSINESS WIRE)--April 3, 2007--Crosstex Energy, L.P. (NASDAQ: XTEX) (the Partnership) today announced the start-up of its $90 million pipeline expansion in northern Louisiana, which initially adds capacity of 200 million cubic feet of gas per day (MMcf/d) to Crosstex's existing Louisiana Intrastate Gas pipeline system (LIG), the state's largest intrastate pipeline network. The new pipeline has commitments to utilize the initial 200 MMcf/d as of its April 1 initial flow date. ... 
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03/26/07Crosstex Energy Announces $100 Million Private Placement
DALLAS--(BUSINESS WIRE)--March 26, 2007--Crosstex Energy, L.P. (NASDAQ: XTEX) (the Partnership) announced that on March 23, 2007, it sold approximately 3.9 million Senior Subordinated Series D Units in a private placement for aggregate proceeds of approximately $100 million. The units will convert to common units on March 23, 2009. The financing will be used to repay indebtedness associated with the Partnership's growth program. "We believe that the issuance of the Senior Subord... 
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03/20/07Crosstex Energy Hosts 3rd Annual Analyst Conference March 30
DALLAS, Mar 20, 2007 (BUSINESS WIRE) -- Crosstex Energy, L.P. (NASDAQ: XTEX) and Crosstex Energy, Inc. (NASDAQ: XTXI) will hold their 3rd annual analyst conference on Friday, March 30, from 8:30 a.m. - noon Central time in Dallas. The meeting will be broadcast live via conference call or Web cast for those unable to attend. Crosstex's senior management team, led by President and Chief Executive Officer Barry E. Davis, will provide an in-depth operational and financial update, including di... 
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03/08/07Crosstex Energy Announces Final Distribution by Yorktown
DALLAS--(BUSINESS WIRE)--March 8, 2007--Crosstex Energy, Inc. (NASDAQ: XTXI) (the Corporation) today announced that it has been advised by Yorktown Energy Partners IV, L.P. and Yorktown Energy Partners V, L.P., early investors in Crosstex Energy, Inc., that these entities have distributed to their partners substantially all of the remaining approximately 2.3 million shares of the Corporation's common stock that they have owned, effective March 5, 2007, in accordance with the terms of ... 
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03/05/07Crosstex to Present March 7 at Sixth Annual Master Limited Partnership Investor Conference
DALLAS--(BUSINESS WIRE)--March 5, 2007--Crosstex Energy, L.P. (Nasdaq:XTEX) and Crosstex Energy, Inc. (Nasdaq:XTXI) announced today that Barry E. Davis, President and Chief Executive Officer, and William W. Davis, Executive Vice President and Chief Financial Officer, will make a presentation at the National Association of Publicly Traded Partnership's Sixth Annual Master Limited Partnership Investor Conference in New York at 1:45 p.m. (EST) on Wednesday, March 7. Interested par... 
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03/01/07Crosstex Energy Reports Fourth-Quarter and Full-Year 2006 Results
Company Delivers Preliminary 2007 Guidance DALLAS--(BUSINESS WIRE)--March 1, 2007--The Crosstex Energy companies, Crosstex Energy, L.P. (NASDAQ: XTEX) (the Partnership) and Crosstex Energy, Inc. (NASDAQ: XTXI) (the Corporation) today reported earnings for the fourth-quarter and full-year 2006. Fourth-Quarter 2006 - Crosstex Energy, L.P. Financial Results The Partnership's distributable cash flow in the fourth quarter of 2006 was $22.0 million, or 3.24 times the amount ... 
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01/29/07Crosstex Energy to Report Fourth-Quarter and Full-Year 2006 Results
DALLAS--(BUSINESS WIRE)--Jan. 29, 2007--Crosstex Energy, L.P. (Nasdaq:XTEX) and Crosstex Energy, Inc. (Nasdaq:XTXI) will hold a quarterly conference call to discuss fourth-quarter and full-year 2006 results on Thursday, March 1, at 10 a.m. Central Time (11 a.m. Eastern Time). The dial-in number for the call is 1-866-761-0748, passcode Crosstex. Callers outside the United States should dial 1-617-614-2706, passcode Crosstex. A live Webcast of the call may be accessed on the inve... 
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01/24/07Crosstex Announces Increases in Dividend and Distribution Rates
DALLAS--(BUSINESS WIRE)--Jan. 24, 2007--The Crosstex Energy companies today announced increases in the quarterly distribution for Crosstex Energy, L.P. (NASDAQ: XTEX) (the Partnership) and the quarterly dividend for Crosstex Energy, Inc. (NASDAQ: XTXI) (the Corporation): -- The quarterly distribution on the Partnership's common and subordinated units will increase to $0.56 per unit from $0.55 per unit payable February 15 to unitholders of record February ... 
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01/23/07Crosstex Celebrates 10 Years of Delivering Success
DALLAS--(BUSINESS WIRE)--Jan. 23, 2007--Crosstex Energy, a leading midstream energy services company, is celebrating 10 years in business. Crosstex provides a full spectrum of value-added services, including natural-gas transportation, treating, processing and marketing in Texas, Louisiana, Oklahoma, Alabama and Mississippi. Crosstex founder Barry E. Davis, President and Chief Executive Officer, has led the company's expansion campaign. "We started Crosstex as an entrepreneur's ... 
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12/04/06Crosstex to Present December 5 at Wachovia Securities 5th Annual Pipeline & MLP Symposium
DALLAS--(BUSINESS WIRE)--Dec. 4, 2006--Crosstex Energy, L.P. (Nasdaq:XTEX) announced today that William W. Davis, executive vice president and chief financial officer, will present at the Wachovia Securities 5th Annual Pipeline & MLP Symposium in New York at 4 p.m. (EST) on Tuesday, December 5. A copy of the presentation will be available at the time of the presentation and may be accessed from the Crosstex website at www.crosstexenergy.com under Investor Information. ... 
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11/20/06Crosstex Energy, Inc. Announces Three-for-One Stock Split
DALLAS--(BUSINESS WIRE)--Nov. 20, 2006--The Board of Directors of Crosstex Energy, Inc. (NASDAQ:XTXI) has approved a three-for-one stock split in the form of a stock dividend, as the company has previously announced. Stockholders of record at the close of business on December 1, 2006, the record date for the stock dividend, will be issued two additional shares of common stock for each share of common stock held as of that date. The additional shares of common stock will be dist... 
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11/17/06Crosstex Signs Long-Term Transportation Agreement with Boardwalk Pipeline Partners
Company Commits to 10-Year Firm Transportation Agreement DALLAS--(BUSINESS WIRE)--Nov. 17, 2006--Crosstex Energy, L.P. (NASDAQ:XTEX), announced today that it has agreed to be a foundation shipper on Boardwalk Pipeline Partners, LP (NYSE: BWP) new interstate gas pipeline -- Gulf Crossing Pipeline Company, LLC (Gulf Crossing Pipeline). Gulf Crossing Pipeline will consist of approximately 355 miles of 42-inch pipeline with a design capacity of approximately 1.65 billion cubic feet ... 
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11/16/06Crosstex Energy Appoints Robert S. Purgason as Executive Vice President and Chief Operating Officer
DALLAS--(BUSINESS WIRE)--Nov. 16, 2006--Crosstex Energy, L.P. (NASDAQ: XTEX) today announced the appointment of Robert S. Purgason as Executive Vice President and Chief Operating Officer, a newly appointed position. Purgason will report to Crosstex President and Chief Executive Officer Barry E. Davis. As part of Crosstex Energy's executive team, Purgason will be responsible for the company's daily operations. He joined Crosstex in October 2004 as Senior Vice President of the Tre... 
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11/08/06Crosstex Energy Reports Third-Quarter 2006 Results
DALLAS--(BUSINESS WIRE)--Nov. 8, 2006--The Crosstex Energy companies, Crosstex Energy, L.P. (NASDAQ:XTEX) (the Partnership) and Crosstex Energy, Inc. (NASDAQ:XTXI) (the Corporation) today reported earnings for the third quarter of 2006. Crosstex Energy, L.P. Financial Results The Partnership reported net income of $0.9 million in the third quarter of 2006, compared with net income of $1.1 million in the third quarter of 2005. The net loss per limited partner unit in the th... 
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10/26/06Crosstex Energy, Inc. Stockholders Approve Increase in Authorized Shares to Effect Stock Split
DALLAS--(BUSINESS WIRE)--Oct. 26, 2006--Crosstex Energy, Inc. (Nasdaq:XTXI) announced today that its stockholders have approved an amendment to the corporation's Restated Certificate of Incorporation that will increase Crosstex's authorized number of shares of capital stock from 20 million shares, consisting of 19 million shares of common stock and 1 million shares of preferred stock, to 150 million shares, consisting of 140 million shares of common stock and 10 million shares of pref... 
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10/23/06Crosstex Announces Continued Consecutive Increase in Dividends and Distributions
DALLAS--(BUSINESS WIRE)--Oct. 23, 2006--The Crosstex Energy companies today announced the fourteenth consecutive increase in quarterly distributions for Crosstex Energy, L.P. (Nasdaq:XTEX) (the Partnership) and the tenth consecutive increase in quarterly dividends for Crosstex Energy, Inc.(Nasdaq:XTXI) (the Corporation): -- Quarterly distributions on the Partnership's common and subordinated units will increase from $0.54 per unit to $0.55 per unit, payable No... 
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10/11/06Crosstex Energy to Report Third-Quarter Results
DALLAS, Oct 11, 2006 (BUSINESS WIRE) -- Crosstex Energy, L.P. (NASDAQ:XTEX) and Crosstex Energy, Inc. (NASDAQ:XTXI), will hold a quarterly conference call to discuss third-quarter 2006 results on Wednesday, November 8, at 10 a.m. Central Time (11 a.m. Eastern Time). The dial-in number for the call is 1-800-299-7635, passcode Crosstex. Callers outside the United States should dial 1-617-786-2901, passcode Crosstex. A live Webcast of the call may be accessed on the investor relations page o... 
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10/03/06Crosstex Acquires Natural Gas Treating Business from Cardinal Gas Solutions L.P.
DALLAS--(BUSINESS WIRE)--Oct. 3, 2006--Crosstex Energy L.P. (Nasdaq:XTEX) (the Partnership) announced that it has purchased the amine-treating business of Cardinal Gas Solutions Limited Partnership. The acquisition adds 12 dew point control plants and eight amine-treating plants to Crosstex's plant portfolio. The company now has 168 amine-treating plants and 37 dew point control plants in service. "As an industry leader in providing treating services and renting treating equipm... 
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09/20/06Crosstex Energy, L.P. Announces Financial Restatement
DALLAS--(BUSINESS WIRE)--Sept. 20, 2006--Crosstex Energy, L.P. (NASDAQ: XTEX) (the Partnership) announced today that its management and the Audit Committee of the Board of Directors of Crosstex Energy GP, LLC have concluded that the Partnership should restate previously issued interim (unaudited) financial statements for the quarters ended March 31, 2006 and June 30, 2006 due to a clerical accounting error made in the first quarter of 2006. The net effect of the required adjustment du... 
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09/11/06Crosstex Energy, Inc. Proposes Increase in Authorized Shares to Effect Stock Split
DALLAS--(BUSINESS WIRE)--Sept. 11, 2006--Crosstex Energy, Inc. (NASDAQ: XTXI) announced today that its Board of Directors has approved, subject to stockholder approval, an amendment to its Restated Certificate of Incorporation that would allow the corporation to effect a 3-for-1 stock split in the form of a stock dividend. If approved, the amendment will increase Crosstex's authorized number of shares of capital stock from 20 million shares, consisting of 19 million shares of common s... 
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08/09/06Crosstex Energy Reports Second-Quarter 2006 Results
DALLAS, Aug. 9 /PRNewswire-FirstCall/ -- The Crosstex Energy companies, Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) and Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation) today reported earnings for the second quarter of 2006. Crosstex Energy, L.P. Financial Results The Partnership reported a net loss of $2.3 million in the second quarter of 2006, compared with net income of $4.5 million in the second quarter of 2005. Results for the second quarter of 2006 ... 
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07/26/06Crosstex Energy, L.P. Announces $245 Million Private Placement of Notes
DALLAS, July 26 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) today announced that it has completed a private placement offering of $245 million in senior secured notes with institutional investors. The notes mature in 10 years, with an average life of eight years and an annual coupon of 6.96 percent. Proceeds from the notes will be used to repay borrowings under Crosstex's revolving credit facility. The notes have not been registered under the Securities Act of 1933... 
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07/25/06Crosstex Energy, Inc. Appoints James C. Crain to Board
DALLAS, July 25 /PRNewswire-FirstCall/ -- Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation) announced that effective July 21, 2006, James C. Crain has joined the board of directors of the Corporation. Mr. Crain currently serves on the board of directors of Crosstex Energy GP, LLC. Mr. Crain will also serve on the audit committees of the Corporation and Crosstex Energy GP, LLC. "We know Jim well from his past service on the Crosstex Energy GP, LLC board, and we are excited... 
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07/24/06Crosstex Announces Continued Consecutive Increase in Dividends and Distributions
DALLAS, July 24 /PRNewswire-FirstCall/ -- The Crosstex Energy companies today announced the thirteenth consecutive increase in quarterly distributions for Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) and the ninth consecutive increase in quarterly dividends for Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation): * Quarterly distributions on the Partnership's common and subordinated units will increase from $0.53 per unit to $0.54 per unit, payable ... 
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07/19/06Crosstex Energy to Report Second Quarter Results
DALLAS, July 19 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) and Crosstex Energy, Inc. (Nasdaq: XTXI), will hold a quarterly conference call to discuss second quarter results on Wednesday, August 9 at 11 a.m. Central Time (12:00 p.m. Eastern Time). The dial-in number for the call is 866-700-7173, passcode Crosstex. A live Webcast of the call may be accessed on the investor relations page of Crosstex Energy's Website at http://www.crosstexenergy.com . The call ... 
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06/29/06Crosstex Energy Completes Acquisition of Barnett Shale Midstream Facilities From Chief Holdings LLC
DALLAS, June 29 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) announced it has completed the previously announced purchase of the natural gas gathering pipeline systems and related facilities of privately owned Chief Holdings LLC for $480 million. This transaction resulted from a joint bid by Crosstex and Devon Energy Corporation (NYSE: DVN) to acquire Chief's assets in the prolific Barnett Shale. "This acquisition solidifies Crosstex Energy's ... 
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05/17/06Crosstex Energy Announces Private Placement for $360 Million
DALLAS, May 17 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) today announced that it had executed agreements to issue approximately 12.8 million senior subordinated units for aggregate proceeds of $360 million. The units will convert to common units on February 16, 2008, and until that time, will not participate in the cash distributions of the Partnership. The financing is being done in order to fund a portion of the Partnership's agreement to acqu... 
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05/09/06Crosstex Energy Reports First Quarter Results
DALLAS, May 9 /PRNewswire-FirstCall/ -- The Crosstex Energy companies, Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) and Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation) today reported earnings for the first quarter of 2006. "We were pleased with the financial results in the first quarter as they supported our ability to increase distributions from the Partnership and dividends from the Corporation," said Barry E. Davis, President and Chief Executive Officer. "We... 
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05/02/06Crosstex Energy, L.P. to Acquire Barnett Shale Midstream Facilities From Chief Holdings LLC
DALLAS, May 2 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) announced today that it will acquire the natural gas gathering pipeline systems and related facilities of privately- owned Chief Holdings LLC in the fast-growing Barnett Shale play for $480 million, subject to customary adjustments at closing. The transaction is the result of a joint bid by Crosstex and Devon Energy Corporation (NYSE: DVN) to acquire Chief's assets. Devon, the Barnett ... 
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04/26/06Crosstex Energy Appoints Kyle D. Vann and James C. Crain to Boards; C. Roland Haden Announces Resignation From Board of Directors
DALLAS, April 26 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) and Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation) announced that, effective as of May 8, 2006, Kyle D. Vann will join the board of directors of Crosstex Energy GP, LLC (the general partner of Crosstex Energy GP, L.P., the general partner of the Partnership), and James C. Crain will join the board of directors of the Corporation. Both men will replace C. Roland Haden, who has... 
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04/25/06Crosstex Energy to Report First Quarter Results
DALLAS, April 25 /PRNewswire-FirstCall/ -- The Crosstex Energy companies, Crosstex Energy, L.P. (Nasdaq: XTEX) and Crosstex Energy, Inc. (Nasdaq: XTXI), will hold the quarterly conference call to discuss first quarter results on Tuesday, May 9, 2006 at 10 a.m. Central Time (11:00 a.m. Eastern Time). The dial-in number for the call is 866-356-3095, passcode Crosstex. A live Webcast of the call can be accessed on the investor relations page of Crosstex Energy's Web site at http://... 
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04/21/06Crosstex Announces Continued Consecutive Increase in Dividends and Distributions
DALLAS, April 21 /PRNewswire-FirstCall/ -- The Crosstex Energy companies, today announced the twelfth consecutive increase in quarterly distributions for Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) and the eighth consecutive increase in quarterly dividends for Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation): * Quarterly distributions on the Partnership's common and subordinated units will increase from $0.51 per unit to $0.53 per unit, payable May ... 
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04/07/06Webcast Alert: Crosstex Energy LP Announces Its IPAA's 2006 OGIS NEW YORK Webcast
WASHINGTON--(BUSINESS WIRE)--April 7, 2006--Crosstex Energy LP (NASDAQ:XTEX) announces the following Webcast: What: Crosstex Energy LP IPAA's 2006 OGIS NEW YORK Webcast When: April 10, 2006 @ 04:10 PM Eastern Where: http://www.vcall.com/CEPage.asp?ID=103090 How: Live over the Internet -- Simply log on to the web at the address above. Contact: Julie Nichols, 214-953-9515 or julie.nichols@crosstexenergy.com If you are unable to pa... 
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04/05/06Crosstex Energy Completes $115 Million North Texas Pipeline
New Pipeline Services Growing Barnett Shale Natural Gas Play DALLAS, April 5 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) announced the completion of construction on the 24-inch diameter North Texas Pipeline (NTPL) facilities, covering more than 140 miles across six North Texas counties that will gather and transport gas out of the prolific Barnett Shale. The Barnett Shale is the largest active natural gas play in the continental United Sta... 
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03/20/06Crosstex Energy Announces Guidance for 2006; Company Hosts Second Annual Analyst Meeting
DALLAS, March 20 /PRNewswire-FirstCall/ -- The Crosstex Energy companies, Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) and Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation), are hosting their second annual analyst meeting today at The Stockyards Hotel in Fort Worth, Texas. The analyst meeting will showcase several members of Crosstex's senior management team and will include discussions concerning strategic planning, industry trends and market opportunities, as well as ... 
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03/17/06Crosstex Announces Guidance for 2006; Company Hosts Second Annual Analyst Meeting
DALLAS, March 17 /PRNewswire-FirstCall/ -- The Crosstex Energy companies, Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) and Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation), will hold their second annual analyst meeting on Monday, March 20, from 8:30 a.m.-noon (CST). The meeting will be available live by conference call or webcast for those not able to attend. The meeting will showcase several members of Crosstex's senior management team and will include discussio... 
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03/10/06Crosstex Reports Fourth Quarter and Full Year 2005 Results
DALLAS, March 10 /PRNewswire-FirstCall/ -- The Crosstex Energy companies, Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) and Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation) today reported solid growth in results for the fourth quarter and the full year 2005. This growth allows the companies to continue their track record of increases in both distributions and dividends. "We had a great fourth quarter and an outstanding year in 2005. The quarter and the year were... 
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03/06/06Crosstex Energy Appoints A. Chris Aulds as Executive Vice President, Public and Industry Affairs
DALLAS, March 6 /PRNewswire-FirstCall/ -- Crosstex Energy (Nasdaq: XTEX) announced that A. Chris Aulds has been appointed as Executive Vice President of Public and Industry Affairs. In this role, Aulds will be responsible for all of Crosstex's internal and external communications while strategically focusing in the areas of community, industry and governmental relations, as well as corporate branding. Aulds was part of the management buyout of Comstock Natural Gas in 1996 that ... 
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02/02/06Crosstex Completes Acquisition of Hanover Assets
Feb 02, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) announced it has completed the previously- announced purchase of the U.S. amine treating rental assets from Hanover Compression Limited Partnership, a subsidiary of Hanover Compressor Company (NYSE: HC), for approximately $51.5 million. The acquired assets include 48 plants. "The employees at Hanover have built a thriving niche in this market, and we are excited to bring t... 
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01/25/06Crosstex Energy to Report Fourth Quarter and Year-End Results March 10
DALLAS, Jan 25, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- The Crosstex Energy companies, Crosstex Energy, L.P. (Nasdaq: XTEX) and Crosstex Energy, Inc. (Nasdaq: XTXI), will hold the quarterly conference call to discuss fourth quarter and year-end results on Friday, March 10, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). The dial-in number for the call is 800-322-5044, passcode Crosstex. A live Webcast of the call can be accessed on the investor relations page of Cros... 
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01/24/06Crosstex Announces Continued Consecutive Increase in Dividends and Distributions
DALLAS, Jan. 24 /PRNewswire-FirstCall/ -- The Crosstex Energy companies, Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) and Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation), today announced the eleventh consecutive increase in quarterly distributions and the seventh consecutive increase in quarterly dividends: * Quarterly distributions on the Partnership's common and subordinated units will increase from $0.49 per unit to $0.51 per unit, payable February 15 to unit... 
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01/10/06Crosstex Acquires Amine Treating Rental Assets From Hanover
DALLAS, Jan. 10 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) announced it has agreed to purchase the U.S. amine treating rental assets of Hanover Compression Limited Partnership, a subsidiary of Hanover Compressor Company (NYSE: HC), for approximately $52 million. The purchase will add 48 plants to the Partnership's treating business segment. "Thirty-two of the treating plants we are buying are in operation adding about 20 new customers, and ... 
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12/13/05Crosstex Energy Appoints Jim Crain and Cecil Martin Jr. to Board
DALLAS, Dec. 13 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) and Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation) announced that James C. Crain has been appointed to the board of directors of Crosstex Energy GP, LLC (the general partner of Crosstex Energy GP, L.P., the general partner of the Partnership) and, effective as of January 1, 2006, Cecil E. Martin Jr. has been appointed to the board of directors of both the Corporation and of Crosstex... 
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11/15/05Crosstex Energy Prices Public Offering of Common Units
DALLAS, Nov. 15 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) announced today that it has priced its offering of 3,500,000 common units at a price to the public of $33.25 per unit. The offering will result in net proceeds to the Partnership of approximately $113.5 million (including the general partner's proportionate capital contribution). The Partnership has granted the underwriters a 30-day option to purchase up to 525,000 additional common units... 
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11/15/05Crosstex Energy Appoints Joel Moxley as Senior Vice President, Commercial, South Louisiana Processing Region
DALLAS, Nov 15, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership), today announced the appointment of Joel Moxley as Senior Vice President of Commercial for the South Louisiana Processing region. Moxley will be responsible for planning and development of all commercial activities of the region. "We feel very fortunate to have attracted someone with Joel's knowledge, vast experience and leadership," stated James R. Wales, Executiv... 
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11/14/05Crosstex Energy Director to Step Down
DALLAS, Nov 14, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) and Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation) announced that Stephen A. Wells has informed the Board of Directors of both the Corporation and of Crosstex Energy GP, LLC (the general partner of Crosstex Energy GP, L.P., the general partner of the Partnership) that he will be leaving each Board, effective December 31, 2005, to fulfill other personal and p... 
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11/14/05Crosstex Energy Announces Offering of Common Units
DALLAS, Nov 14, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) announced today that it has filed with the SEC a preliminary prospectus supplement for an offering of 3,500,000 common units representing limited partner interests. The Partnership also granted a 30-day option to the underwriters to purchase up to 525,000 additional common units. The Partnership will use the net proceeds from this offering to repay a portion of the... 
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11/08/05Crosstex Reports Third Quarter Results
DALLAS, Nov. 8 /PRNewswire-FirstCall/ -- The Crosstex Energy companies, Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) and Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation) today reported results for the third quarter of 2005. Crosstex Energy, L.P. Financial Results The Partnership reported net income of $1.1 million for the third quarter of 2005 compared to net income in the third quarter of 2004 of $5.9 million. As previously disclosed, the Partnership's net... 
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11/01/05Crosstex Completes Acquisition of Processing and Liquids Business for $486.4 Million
DALLAS, Nov 01, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) announced today that, through its wholly- owned subsidiary Crosstex Energy Service, L.P., the company has completed the previously-announced acquisition of the El Paso Corporation's (NYSE: EP) processing and liquids business in South Louisiana for $486.4 million. "These assets have been operated by a great group of employees, and we welcome them as our new teammates... 
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10/20/05Crosstex Announces Increase in Dividends and Distributions
DALLAS, Oct. 20 /PRNewswire-FirstCall/ -- The Crosstex Energy companies, Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) and Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation), today announced the tenth consecutive increase in quarterly distributions and the sixth consecutive increase in quarterly dividends: * Third quarter distributions on the Partnership's common and subordinated units will increase from $0.47 per unit to $0.49 per unit, payable Novem... 
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10/19/05Crosstex Energy Raises $105 Million Toward Purchase of El Paso Assets
DALLAS, Oct. 19 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) announced that it had executed commitments to privately place $105 million of equity to support its $500 million acquisition of the South Louisiana processing and liquids assets from El Paso Corporation (NYSE: EP). The Partnership has agreed to sell 2,850,165 units of Senior Subordinated Series B Units at a purchase price of $36.84 per unit. The series B units will not participate in... 
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10/06/05Crosstex Updates Guidance for 2005; Distributable Cash Flow for 2005 Unaffected
DALLAS, Oct. 6 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) announced that, due to the significant improvement in natural gas liquids prices since the date it had signed its agreement to buy El Paso Corporation's South Louisiana midstream assets, the financial derivatives (puts) the Partnership purchased at the time of signing the agreement have incurred a significant decline in value. As part of the overall risk management plan related to the ... 
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10/05/05Crosstex Energy to Report Third Quarter Results November 8
DALLAS, Oct. 5 /PRNewswire-FirstCall/ -- The Crosstex Energy companies, Crosstex Energy, L.P. (Nasdaq: XTEX) and Crosstex Energy, Inc. (Nasdaq: XTXI), will hold the quarterly conference call to discuss third quarter results on Tuesday, November 8, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). The dial-in number for the call is 800-561-2718, passcode Crosstex. A live Webcast of the call can be accessed on the investor relations page of Crosstex Energy's Web site at http:/... 
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09/28/05Crosstex Reports No Significant Damage to Its Facilities in Texas and Louisiana
DALLAS, Sept. 28 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) announced today that its assets in Texas and Louisiana suffered no significant damage as a result of Hurricane Rita, but are operating at reduced levels due to a temporary limited supply from producers. The Partnership expects that these rates will increase over the next few days, and therefore expects no significant impact to its financial results. "We have been extremely fortunate... 
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09/12/05Crosstex Announces Key Officer Appointments as Company Positions for Future Growth
DALLAS, Sept. 12 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) has appointed Joe A. Davis as executive vice president and general counsel, and Danny L. Thompson as senior vice president of engineering and operations. As part of Crosstex Energy's executive leadership group, Joe Davis will oversee all of the legal functions for the Partnership and for Crosstex Energy, Inc. (Nasdaq: XTXI). Thompson will be in charge of the engineering and operations groups... 
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09/12/05Crosstex Reports Normal Operations in Louisiana and Mississippi
DALLAS, Sept 12, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) announced today that its assets in Louisiana and Mississippi suffered no significant damage as a result of Hurricane Katrina and that all of its employees are accounted for and safe. "The safety and security of our employees and their families is our top priority," said Barry Davis, president and chief executive officer of Crosstex Energy. "We are extremely fo... 
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08/16/05Crosstex Energy, Inc. Announces Distribution By Yorktown
DALLAS, Aug. 16 /PRNewswire-FirstCall/ -- Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation) today announced that it has been advised by Yorktown Energy Partners IV, L.P. and Yorktown Energy Partners V, L.P. (collectively referred to as the "Yorktown Partnerships"), early investors in Crosstex Energy, Inc., that these entities have distributed approximately 727,000 shares of the Corporation's common stock to their limited and general partners, effective August 15, in accordance with th... 
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08/09/05Crosstex Energy, Inc. Reports Second Quarter Results
DALLAS, Aug. 9 /PRNewswire-FirstCall/ -- Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation) today reported net income of $1.7 million for the second quarter of 2005, compared to net income of $2.4 million for the comparable period in 2004. The Corporation's net income before income taxes and interest of non-controlling partners in the net income of Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) was $4.4 million in the second quarter of 2005 and $5.9 million in the second quart... 
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08/08/05Crosstex Announces $500 Million Acquisition of Processing and Liquids Business
DALLAS, Aug. 8 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) announced today that it had executed a definitive agreement with the El Paso Corporation (NYSE: EP) to acquire El Paso's processing and liquids business in South Louisiana for $500 million. The agreement has been approved by both companies' boards of directors, and is subject only to customary regulatory approvals and completion of certain pre- closing conditions by both parties. Closing is exp... 
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08/04/05Crosstex Reports Second Quarter Results
DALLAS, Aug. 4 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) today reported results for the second quarter of 2005 that are in-line with accomplishing goals for the year. Crosstex Energy, Inc. (Nasdaq: XTXI) will report results next week. Crosstex Energy, L.P. Financial Results The Partnership reported net income of $4.5 million for the second quarter of 2005, or $0.17 per limited partner unit, compared to net income in the second quarter of... 
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08/03/05Crosstex Energy to Report Second Quarter Results August 4
DALLAS, Aug. 3 /PRNewswire-FirstCall/ -- The Crosstex Energy companies, Crosstex Energy, L.P. (Nasdaq: XTEX) and Crosstex Energy, Inc. (Nasdaq: XTXI), will hold the quarterly conference call to discuss second quarter results on Thursday, August 4, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). The dial-in number for the call is 866-831-6234, passcode Crosstex. A live Webcast of the call can be accessed on the investor relations page of Crosstex Energy's Web site at http://www... 
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07/22/05Crosstex Announces Continued Growth in Dividends and Distributions; Company to Announce Second Quarter Results August 4
DALLAS, July 22 /PRNewswire-FirstCall/ -- The Crosstex Energy companies, Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) and Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation), today announced an increase in second quarter distributions and dividends as follows: * Quarterly distributions on the Partnership's common and subordinated units will increase from $0.46 per unit to $0.47 per unit, payable August 15 to unitholders of record on August 1. * ... 
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06/24/05Crosstex Announces Private Placement of Equity
DALLAS, June 24 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) announced the placement of approximately 1,495,000 Senior Subordinated Units to Kayne Anderson MLP Investment Company and two funds managed by Tortoise Capital Advisers, LLC. The Senior Subordinated Units were purchased at $33.44 each, and convert to Common Units (on a one-for-one basis) on February 24, 2006. Until their conversion to Common Units, the Senior Subordinated Units will receive n... 
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05/25/05Crosstex Announces Major Pipeline Expansion; $225 Million Project to Add Approximately $40 Million of Cash Flow
DALLAS, May 25, 2005 /PRNewswire-FirstCall via COMTEX/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) today announced plans to expand and extend the Crosstex LIG pipeline system to access natural gas production that is actively being developed in Northwest Louisiana and to receive up to 700 million cubic feet of natural gas per day (MMcf/d) from East Texas, which will be delivered by a new interstate pipeline to be built by Kinder Morgan Energy Partners, L.P. (NYSE: KMP). "... 
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05/20/05Crosstex Energy, Inc. Announces Distribution By Yorktown
DALLAS, May 20 /PRNewswire-FirstCall/ -- Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation) today announced that it has been advised by Yorktown Energy Partners IV, L.P. and Yorktown Energy Partners V, L.P. (collectively referred to as the "Yorktown Partnerships"), early investors in Crosstex Energy, Inc., that these entities have distributed approximately 727 thousand shares of the Corporation's common stock to their limited and general partners, effective May 19, 2005, in accordance ... 
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05/16/05Crosstex Energy, Inc. Reports First Quarter Results
DALLAS, May 16, 2005 /PRNewswire-FirstCall via COMTEX/ -- Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation) today reported net income of $1.6 million for the first quarter of 2005, compared to net income of $2.2 million for the comparable period in 2004. The Corporation's income before income taxes and interest of non-controlling partners in Crosstex Energy, L.P. (the Partnership) net income was $3.2 million in 2005 and $5.5 million in 2004. The Corporation's share of Partnership... 
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05/11/05Crosstex Acquires Treating and Dew Point Control Company
DALLAS, May 11 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) announced it has acquired Cardinal Gas Services, a division of Dallas-based Regency Gas Services. The acquisition will add nine gas treating plants to the Partnership's treating business segment, further extending the Partnership's leadership position as the largest operator of treating plants in the industry. As important, the acquisition includes 19 operating gas processing plants, significant... 
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05/10/05Crosstex Reports First Quarter Results
DALLAS, May 10 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) today reported earnings for the first quarter of 2005. Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation) will report its results May 16. The Partnership reported net income of $3.2 million for the first quarter of 2005, or $.06 per limited partner unit, compared to net income in the first quarter of 2004 of $5.7 million, or $0.24 per unit. The Partnership's first quarter results we... 
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04/29/05Crosstex Announces Continued Consecutive Dividend and Distribution Increases
DALLAS, April 29 /PRNewswire-FirstCall/ -- The Crosstex Energy companies, Crosstex Energy, L.P. (Nasdaq: XTEX) (the "Partnership") and Crosstex Energy, Inc. (Nasdaq: XTXI) (the "Corporation"), today announced an increase in first quarter distributions and dividends as follows: * Quarterly distributions on the Partnership's common and subordinated units will increase from $0.45 per unit to $0.46 per unit, payable May 20 to unitholders of record on May 9. * Q... 
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04/21/05Crosstex Energy to Report First Quarter Results May 10
DALLAS, April 21, 2005 /PRNewswire-FirstCall via COMTEX/ -- The Crosstex Energy companies, Crosstex Energy, L.P. (Nasdaq: XTEX) and Crosstex Energy, Inc. (Nasdaq: XTXI), will hold the quarterly conference call to discuss first quarter results on Tuesday, May 10, at 10:00 am Central Time (11:00 am Eastern Time). The dial-in number for the call is 800-561-2693, passcode Crosstex. A live Webcast of the call can be accessed on the investor relations page of Crosstex Energy's Web site at h... 
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04/18/05Crosstex Energy Increases Bank Facility to $250 Million; Company Also Increases Shelf Facility to $200 Million
DALLAS, April 18 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) announced today that it has amended its existing bank credit facility, increasing the commitment availability from $200 million to $250 million, and extending the term for 5 years. Additionally, an accordion feature built into the credit facility allows the company to increase the availability to $350 million. Bank of America led the credit facility syndication. The company has also agreed to amend its Shelf... 
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03/29/05Crosstex Announces Guidance for 2005; Company Hosts First Annual Analyst Meeting
DALLAS, March 29, 2005 /PRNewswire-FirstCall via COMTEX/ -- The Crosstex Energy companies, Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) and Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation), are hosting their first annual analyst meeting today in New Orleans. The analyst meeting will showcase several members of Crosstex's senior management team and will include discussions concerning strategic planning, industry trends and market opportunities, as well as provide 2005 guida... 
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03/24/05FERC Rejects Request for Abandonment Ruling on Transco Facilities
DALLAS, March 24 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) announced today that the Federal Energy Regulatory Commission (FERC) has voted to reject the request by Crosstex and Transcontinental Gas Pipe Line Corporation (Transco) to authorize the abandonment from interstate service of certain pipeline facilities that are owned by Transco in South Texas (the South Texas Facilities). In July 2004, Crosstex announced that it entered into an agreement with Transco to purch... 
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03/11/05Crosstex Energy, Inc. Announces Distribution By Yorktown
DALLAS, March 11, 2005 /PRNewswire-FirstCall via COMTEX/ -- Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation) today announced that it has been advised by Yorktown Energy Partners IV, L.P. and Yorktown Energy Partners V, L.P. (collectively referred to as the "Yorktown Partnerships"), early investors in Crosstex Energy, Inc., that these entities have distributed an aggregate of 718,726 shares of the Corporation's common stock to their limited and general partners, effective March 10, 20... 
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03/10/05Crosstex Energy, Inc. Reports Fourth Quarter and Full Year 2004 Results
DALLAS, March 10, 2005 /PRNewswire-FirstCall via COMTEX/ -- Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation) today reported net income of $2.4 million for the fourth quarter of 2004, compared to net income of $1.0 million for the comparable period in 2003. The Corporation's annual income before income taxes, gain on issuance of units of Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) and interest of non-controlling partners in the Partnership's net income was $22.1 million in... 
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03/08/05Crosstex Reports Fourth Quarter and Full Year 2004 Results
Seven Straight Quarters of Increases in Distributable Cash Flow Since IPO of Partnership DALLAS, March 8 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) today reported fourth quarter and full year earnings. Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation) will report its results later this week. Both companies continued their track record of solid growth in the fourth quarter and full year 2004, which supported ... 
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03/07/05Webcast Alert: Crosstex Energy Announces 2004 Earnings Webcast
Crosstex Energy, L.P. (Nasdaq: XTEX) and Crosstex Energy, Inc. (Nasdaq: XTXI) announce the following Webcast: What: Crosstex Energy, L.P. and Crosstex Energy, Inc. 2004 Year End Earnings Call/Webcast When: Tuesday, March 8 @ 11:00 am Eastern Where: http://www.crosstexenergy.com or live via telephone: 1-800-706-7741, passcode Crosstex How: Live over the Internet -- Simply log on to the web at the add... 
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02/24/05Crosstex Signs Agreement for Construction of Barnett Shale Gas Pipeline; Capacity Increased to 250 MMcf/d
DALLAS, Feb 24, 2005 /PRNewswire-FirstCall via COMTEX/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) today announced that it has completed its project feasibility study and has entered into definitive agreements to proceed with construction of the North Texas Pipeline project. The project, to bring gas out of the Barnett Shale and into markets in the Midwest and East, was previously announced in December 2004. "We are very excited to have the opportunity to build the neede... 
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01/26/05Webcast Alert: Crosstex Energy, L.P. Announces 2004 Earnings Webcast
HOUSTON, Jan. 26 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) announces the following Webcast: What: Crosstex Energy, L.P. 2004 Year End Earnings Call/Webcast When: Tuesday, March 8 @ 11:00 am Eastern Where: http://www.crosstexenergy.com or live via telephone: 1-800-706-7741, passcode Crosstex How: Live over the Internet -- Simply log on to the web at the address above. Contact: Jennifer... 
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01/25/05Crosstex Announces Dividend and Distribution Increases; Yorktown Makes Additional Distribution of Common Stock
DALLAS, Jan. 25 /PRNewswire-FirstCall/ -- The Crosstex Energy companies, Crosstex Energy, L.P. (Nasdaq: XTEX) (the "Partnership") and Crosstex Energy, Inc. (Nasdaq: XTXI) (the "Corporation"), today announced an increase in fourth quarter distributions and dividends. The companies have increased distributions and dividends every quarter since the initial public offering of each company. Fourth quarter distributions and dividends are as follows: * Quarterly distributions on t... 
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12/20/04Crosstex Announces Acquisition of Treating Company and Pipeline Interests
DALLAS, Dec. 20 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) has agreed to acquire 100 percent of the assets of Graco Operations, one of its key competitors in the treating business, for $9.25 million. In a separate transaction, it has also entered into an agreement to acquire 100 percent of the partnership interests that it does not own in a gathering system in Harrison County, Texas, for approximately $5 million. "These acquisitions are a conti... 
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12/13/04Crosstex Announces Major Pipeline for Barnett Shale Gas; Company Has Sufficient Commitments to Support 110 Mile Pipeline
DALLAS, Dec. 13 /PRNewswire-FirstCall/ --- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) today announced that it had entered into agreements with producers in the Fort Worth Basin that would support a major pipeline project to bring gas out of the Barnett Shale and into major pipelines that serve markets in Texas and the Midwestern and Eastern United States. "This project gives us a significant presence in an area that shows high demand for our services. We already have su... 
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11/30/04Crosstex Energy, Inc. Announces Distribution of Common Stock By Investors
DALLAS, Nov. 30 /PRNewswire-FirstCall/ -- Crosstex Energy, Inc. (Nasdaq: XTXI) today announced that it was advised by Yorktown Energy Partners IV, L.P. and Yorktown Energy Partners V, L.P., early investors in Crosstex Energy, Inc., that these entities have distributed an aggregate of 727,475 shares of Crosstex common stock to their limited and general partners, effective November 29, 2004, in accordance with the terms of their respective partnership agreements. After the distributions, Yo... 
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11/08/04Webcast Alert: Crosstex Energy, L.P. Announces Third Quarter Earnings Webcast
HOUSTON, Oct 7, 2004 (PRNewswire-FirstCall via COMTEX) -- Crosstex Energy, L.P. announces the following Webcast: What: Crosstex Energy Third Quarter Earnings Call/Webcast When: Monday, November 8 @ 2:00 pm Eastern Where: http://www.crosstexenergy.com/ or live via telephone: 1-800-706-7748, passcode Crosstex How: Live over the Internet -- Simply log on to the web at the address above. Contact: Jennifer Tweeton of Vollmer Pu... 
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11/08/04Crosstex Energy Reports Third Quarter Results
DALLAS, Nov 8, 2004 /PRNewswire-FirstCall via COMTEX/ -- The Crosstex Energy companies, Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) and Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation) today reported solid growth in the third quarter of 2004. "We continue to realize substantial growth and solid returns every quarter, and the credit goes to the tremendous group of employees at Crosstex," said Barry E. Davis, President and Chief Executive Officer of the Crosstex Energy ... 
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10/27/04Crosstex Increases Distributions for Sixth Consecutive Quarter; Corporation Increases Dividends for Second Consecutive Quarter
DALLAS, Oct 27, 2004 /PRNewswire-FirstCall via COMTEX/ -- The Crosstex Energy companies, Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) and Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation), today announced an increase in third quarter distributions and dividends. The companies have increased distributions and dividends every quarter since the initial public offering of each company. Third quarter distributions and dividends are as follows. -- Quarterly dist... 
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10/07/04Webcast Alert: Crosstex Energy, L.P. Announces Third Quarter Earnings Webcast
HOUSTON, Oct. 7 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) announces the following Webcast: What: Crosstex Energy Third Quarter Earnings Call/Webcast When: Monday, November 8 @ 2:00 pm Eastern Where: http://www.crosstexenergy.com or live via telephone: 1-800-706-7748, passcode Crosstex How: Live over the Internet -- Simply log on to the web at the address above. Contact: Jennifer Tweet... 
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08/20/04Crosstex Energy, Inc. Reports Second Quarter Results
DALLAS, Aug. 20 /PRNewswire-FirstCall/ -- Crosstex Energy, Inc. (Nasdaq: XTXI) (the Corporation) today reported net income of $2.4 million, or $0.19 per fully diluted share for the quarter ended June 30, 2004, compared to net income of $1.1 million, or $0.05 per fully diluted share for the second quarter of 2003. The Corporation's income before income taxes and interest of non-controlling partners in the net income of Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) was $5.9 million... 
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08/10/04Crosstex Energy, L.P. Reports Second Quarter Results
DALLAS, Aug 10, 2004 /PRNewswire-FirstCall via COMTEX/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) (the Partnership) today reported net income of $5.9 million, or $0.24 per limited partner unit, in the quarter ended June 30, 2004, compared to net income in the second quarter of 2003 of $5.0 million, or $0.32 per unit. The Partnership's Distributable Cash Flow for the quarter was $10.0 million, or 2.18 times the amount required to cover its Minimum Quarterly Distribution of $0.25 per unit, and... 
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08/09/04Webcast Alert: Crosstex Energy, L.P. Announces Second Quarter Earnings Webcast
HOUSTON, Aug. 9 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) announces the following Webcast: What: Crosstex Energy, L.P. Second Quarter Earnings Call/Webcast When: Tuesday, August 10 @ 11:00 am Eastern Where: http://www.crosstexenergy.com or live via telephone: 1-800-299-7635, passcode Crosstex How: Live over the Internet -- Simply log on to the web at the address above. Contact: Jennif... 
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08/03/04Crosstex Energy, L.P. to Report Second Quarter Results August 10
DALLAS--(BUSINESS WIRE)--Aug. 3, 2004--Crosstex Energy, L.P. (NasdaqNM:XTEX) will hold the quarterly conference call to discuss second quarter results on Tuesday, August 10, at 10:00 am Central Time (11:00 am Eastern Time). The dial-in number for the call is 800-299-7635, passcode Crosstex. A live Webcast of the call can be accessed on the investor relations page of Crosstex Energy's Web site at www.crosstexenergy.com. The call will also be available for replay for 30 days by diali... 
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07/28/04Crosstex Increases Distributions for Fifth Consecutive Quarter; Corporation Also Increases Quarterly Dividend
DALLAS--(BUSINESS WIRE)--July 28, 2004--The Crosstex Energy companies, Crosstex Energy, L.P. (NasdaqNM:XTEX) (the Partnership) and Crosstex Energy Inc. (NasdaqNM:XTXI) (the Corporation), today announced second quarter distributions and dividends: -- Quarterly distributions on the Partnership's common and subordinated units will increase from $0.40 per unit to $0.42 per unit, payable Aug. 19 to unitholders of record on Aug. 6. -- Quarterly dividends on the C... 
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07/22/04Crosstex to Issue Restated Financials Due to a 2002 Restatement; No Impact on 2003 or 2004 Income Statements or 2004 Guidance
DALLAS, Jul 22, 2004 (BUSINESS WIRE) -- Crosstex Energy, L.P. (NasdaqNM:XTEX) and Crosstex Energy Inc. (NasdaqNM:XTXI) today announced that they will each restate their annual financial statements for 2002 due to the discovery of errors in each of their 2002 Consolidated Statement of Operations. The correction of the errors will not impact reported 2003 or quarterly 2004 Net Income, or previously issued 2004 guidance. The restatement is expected to have the effect of reducing Net Income f... 
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07/07/04Crosstex to Acquire Certain Transco Assets from Williams
DALLAS, Jul 7, 2004 (BUSINESS WIRE) -- Crosstex Energy, L.P. (NasdaqNM:XTEX), a Texas-based midstream natural gas company, today announced that it has executed a definitive agreement to acquire from Williams (NYSE:WMB) certain onshore pipeline assets south of its Transco Compressor Station 30 in Wharton County, Texas, for $27.4 million. These assets are part of a federally regulated interstate pipeline system. Closing is subject to receipt of abandonment authorization from interstate serv... 
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06/21/04Crosstex Energy, L.P. Announces $75 Million Private Placement Offering with Prudential
DALLAS--(BUSINESS WIRE)--June 21, 2004--Crosstex Energy, L.P. (NasdaqNM:XTEX) today announced that it has completed a private placement offering of $75 million in senior secured notes with Prudential Capital Group, an investment business of Prudential Financial Inc. (NYSE:PRU). The notes mature in 10 years, with an average life of eight years, have an annual coupon of 6.96 percent and are callable after three years at 103.5 percent of par. The notes will be used to repay borrowings under ... 
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06/14/04Crosstex Energy Appoints Rhys J. Best to Board
DALLAS--(BUSINESS WIRE)--June 14, 2004--Crosstex Energy, L.P. (NasdaqNM:XTEX), a Texas-based midstream natural gas company, has appointed Rhys J. Best to its Board of Directors. "Rhys, the chairman, president and chief executive officer of Lone Star Technologies, Inc. (NYSE:LSS), has expertise in both the energy and financial markets and is sure to bring knowledge and insight to our diverse group of directors," said Barry Davis, president and chief executive officer of Crosstex. "We... 
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05/04/04Crosstex Reports Record First Quarter Results
DALLAS, May 4, 2004 (BUSINESS WIRE) -- The Crosstex Energy companies, Crosstex Energy, L.P. (NasdaqNM:XTEX) (the Partnership) and Crosstex Energy, Inc. (NasdaqNM:XTXI) (the Corporation), today reported strong growth in the first quarter of 2004. "We are very pleased with the record earnings we accomplished in the first quarter. Our 78 percent increase in Distributable Cash Flow from the first quarter of last year is attributable to continued strong internal growth and acquisitions," s... 
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04/22/04Crosstex Increases Distributions for Fourth Consecutive Quarter; Company Also Declares Full $0.30 Quarterly Dividend
DALLAS--(BUSINESS WIRE)--April 22, 2004--The Crosstex Energy companies, Crosstex Energy, L.P. (NasdaqNM:XTEX) (the Partnership) and Crosstex Energy, Inc. (NasdaqNM:XTXI) (the Corporation), today announced first quarter distributions and dividends: -- Quarterly distributions on the Partnership's common and subordinated units will increase from $0.375 per unit, post split, to $0.40 per unit, payable May 14 to unitholders of record on May 3. -- Quarte... 
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04/01/04Crosstex Completes Acquisition of Louisiana Intrastate Gas Company
DALLAS--(BUSINESS WIRE)--April 1, 2004--Crosstex Energy, L.P. (NasdaqNM:XTEX), a Texas-based midstream natural gas company, today announced that, through its wholly owned subsidiary Crosstex Louisiana Energy, L.P., the company has completed the previously-announced acquisition of the LIG Pipeline Company and its subsidiaries (LIG Inc., Louisiana Intrastate Gas Company, L.L.C., LIG Chemical Company, LIG Liquids Company, L.L.C. and Tuscaloosa Pipeline Company) from American Electric Power (... 
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03/30/04Crosstex Completes Two-for-One Split of Partnership Units
DALLAS--(BUSINESS WIRE)--March 30, 2004--Crosstex Energy, L.P. (NasdaqNM:XTEX), today announced that it has completed a two-for-one split on its outstanding limited partnership units, effective March 29, 2004. The unit split entitles unitholders of record at the close of business on March 16, 2004 to receive one additional limited partnership unit for every unit held. The units will trade on a post-split basis beginning at the opening of trading today. "Since our initial publ... 
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02/26/04Crosstex Reports Fourth Quarter and Full Year 2003 Results; Crosstex Energy, L.P. Announces Two-For-One Split of Common Units
DALLAS--(BUSINESS WIRE)--Feb. 26, 2004--The Crosstex Energy companies, Crosstex Energy, L.P. (NasdaqNM:XTEX) (the Partnership) and Crosstex Energy, Inc. (NasdaqNM:XTXI) (the Corporation), today reported fourth quarter and full year 2003 operating results. Crosstex Energy, L.P. also announced a two-for-one split on its outstanding limited partnership units. The unit split will entitle unitholders of record at the close of business on March 16, 2004 to receive one additional limited partner... 
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02/17/04Crosstex to Acquire Louisiana Intrastate Gas Company from AEP; Assets to Add Approximately $0.40 per Limited Partner Unit in Distributable Cash Flow
DALLAS--(BUSINESS WIRE)--Feb. 17, 2004--Crosstex Energy, L.P. (NasdaqNM:XTEX), a Texas-based midstream natural gas company, today announced that it has executed a definitive agreement for the acquisition of the LIG Pipeline Company and its subsidiaries (LIG Inc., Louisiana Intrastate Gas Company, L.L.C., LIG Chemical Company, LIG Liquids Company, L.L.C. and Tuscaloosa Pipeline Company) from American Electric Power (NYSE:AEP) for $76.2 million. The acquisition will increase Crosstex's asse... 
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02/05/04Crosstex Energy to Report On 2003 Results February 27
DALLAS--(BUSINESS WIRE)--Feb. 5, 2004--Crosstex Energy, a Texas-based midstream natural gas company, will hold its conference call to discuss 2003 results for Crosstex Energy, Inc. (NasdaqNM:XTXI) and Crosstex Energy, L.P. (NasdaqNM:XTEX), on Friday, February 27, at 10:00 am Central Time (11:00 am Eastern Time). The dial-in number for the call is 800-901-5213, passcode Crosstex. A live Webcast of the call can be accessed on the investor relations page of Crosstex Energy's Web site a... 
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01/22/04Crosstex Sets Fourth Quarter Distribution Dates
DALLAS--(BUSINESS WIRE)--Jan. 22, 2004--Crosstex Energy, L.P. (NasdaqNM:XTEX), a Texas-based midstream natural gas company, today announced that it would pay its fourth quarter distribution of $0.75 per limited partner unit, payable on Feb. 13, 2004 to holders of record on Feb. 2, 2004. Crosstex Energy, L.P., a mid-stream natural gas company headquartered in Dallas, operates over 2,500 miles of pipeline, three processing plants and over 40 natural gas amine treating plants. Crosste... 
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01/12/04Crosstex Energy Inc. Shares of Common Stock Begin Trading On Nasdaq
DALLAS--(BUSINESS WIRE)--Jan. 12, 2004--Crosstex Energy Inc. (NasdaqNM:XTXI) today announced it had priced the initial public offering of 2,306,000 shares of its common stock at a price of $19.50 per share. All of the 2,306,000 shares of common stock to be sold in the initial public offering will be offered by certain existing stockholders of Crosstex Energy Inc. Crosstex will not receive any proceeds from the sale of the shares of common stock by any selling stockholder. The share... 
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11/12/03Crosstex Reports Third Quarter 2003 Results
DALLAS--(BUSINESS WIRE)--Nov. 12, 2003--Crosstex Energy, L.P. (NasdaqNM:XTEX), a Texas-based midstream natural gas company, reported third quarter net income of $3.9 million, or $0.43 per limited partner unit, compared to net income in the third quarter of 2002 of $1.5 million. (Limited partner units were not outstanding in the 2002 period, as the Partnership completed its initial public offering in December 2002.) For the first nine months of 2003, Crosstex reported net income of $9.7 mi... 
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10/30/03Crosstex Energy, Inc. Announces the Filing of a Registration Statement for the Sale of Common Stock
DALLAS--(BUSINESS WIRE)--Oct. 30, 2003--Crosstex Energy, Inc., a Delaware corporation, today announced the filing of a registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed underwritten initial public offering of common stock. Crosstex Energy, Inc. owns 54.3% of the limited partner interest, the 2.0% general partner interest and all of the incentive distribution rights in Crosstex Energy, L.P. (NasdaqNM:XTEX), a Texas-based midstream natural... 
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10/28/03Crosstex Energy To Report Third Quarter Results November 13
DALLAS--(BUSINESS WIRE)--Oct. 28, 2003--Crosstex Energy, L.P. (NASDAQ:XTEX - ), a Texas-based midstream natural gas company, will hold its quarterly conference call to discuss third quarter results for 2003 on Thursday, November 13, at 10:00 am Central Time (11:00 am Eastern Time). The dial-in number for the call is 800-901-5241, passcode Crosstex. A live Webcast of the call can be accessed on the investor relations page of Crosstex Energy's Web site at www.crosstexenergy.com. The call ... 
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10/16/03Crosstex Sets Third Quarter Distribution Dates
DALLAS--(BUSINESS WIRE)--Oct. 16, 2003--Crosstex Energy, L.P. (NasdaqNM:XTEX), a Texas-based midstream natural gas company, today announced that it would pay its third quarter distribution of $0.70 per limited partner unit to holders of record on Oct. 30, 2003. Payment will be made on or close to Nov. 14, 2003. Crosstex Energy, L.P., a mid-stream natural gas company headquartered in Dallas, operates approximately 2,500 miles of pipeline, three processing plants, and approximately 40 natu... 
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09/25/03Crosstex Initiates Service on Newly-Constructed Barnett Shale Gathering System
DALLAS--(BUSINESS WIRE)--Sept. 25, 2003--Crosstex Energy, L.P. (NasdaqNM:XTEX), a Texas-based midstream natural gas company, today announced that it has recently completed initial construction and initiated gas flow on its joint venture gathering system operating as Crosstex DC Gathering JV. This system will gather gas produced from the prolific Barnett Shale formation. The system has four wells currently flowing gas, three others in various stages of completion and another 13 wells conne... 
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09/15/03Crosstex Increases Capacity at Gregory Processing Plant; Initiates Service to New Industrial Markets in the Corpus Christi Area
DALLAS--(BUSINESS WIRE)--Sept. 15, 2003--Crosstex Energy, L.P. (NasdaqNM:XTEX), a Texas-based midstream natural gas company, today announced that it has recently completed a significant capacity expansion at its Gregory Processing Plant north of Corpus Christi, Texas. With natural gas volumes coming into the system at record levels and significant new volumes on the horizon, the plant expansion was necessary to continue to serve producers' current production and future drilling plans. ... 
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09/08/03Crosstex Energy Announces Over-Allotment and Close of Offering
DALLAS--(BUSINESS WIRE)--Sept. 8, 2003--Crosstex Energy, L.P. (NasdaqNM:XTEX) announced that earlier today it closed its follow-on public offering of common units that priced last Wednesday at $35.97 per unit. The company has also sold an additional 225,000 units representing the total over-allotment option granted to the underwriters as part of the public offering. The sale brings the total number of limited partner units outstanding to 9.025 million. Crosstex Energy, L.P., a mid-s... 
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09/03/03Crosstex Energy, L.P. Prices Offering of 1.5 Million Common Units at $35.97
DALLAS--(BUSINESS WIRE)--Sept. 3, 2003--Crosstex Energy, L.P. (NasdaqNM:XTEX), a Texas-based midstream natural gas company, today announced that it has priced its offering of 1.5 million newly issued common units at a price of $35.97 per unit. The common units represent a limited partner interest in Crosstex. Net proceeds from this offering will be used to repay a portion of the borrowings incurred in connection with recent acquisitions and capital projects, including the recent acquisiti... 
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08/14/03Crosstex Energy Appoints Frank Burke to Board
DALLAS--(BUSINESS WIRE)--Aug. 14, 2003--Crosstex Energy, L.P. (NasdaqNM:XTEX), a Texas-based midstream natural gas company, today announced Frank Burke has been appointed to serve on the company's Board of Directors. Mr. Burke will also serve as Chairman of the Audit Committee of Crosstex Energy GP, LLC. "Mr. Burke brings expertise to us in a variety of areas including tax, audit, legislation, management and investments," said Barry Davis, President and Chief Executive Officer of Cr... 
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08/07/03Crosstex Reports Second Quarter 2003 Results
DALLAS--(BUSINESS WIRE)--Aug. 7, 2003--Crosstex Energy, L.P. (NasdaqNM:XTEX), a Texas-based midstream natural gas company, reported second quarter net income of $4.975 million, or $0.65 per limited partner unit, compared to net income in the second quarter of 2002 of $224 thousand. (Limited partner units were not outstanding in the 2002 period, as the Partnership completed its initial public offering in December 2002.) For the first six months of 2003, Crosstex reported net income of $5.8... 
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07/23/03Crosstex Energy To Report Second Quarter Results August 8
DALLAS--(BUSINESS WIRE)--July 23, 2003--Crosstex Energy, L.P. (NasdaqNM:XTEX), a Texas-based midstream natural gas company, will hold its quarterly conference call to discuss second quarter results for 2003 on Friday, August 8, at 10:00 am Central Time (11:00 am Eastern Time). The dial-in number for the call is 800-884-5695, passcode Crosstex. A live Webcast of the call can be accessed on the investor relations page of Crosstex Energy's Web site at www.crosstexenergy.com. The call ... 
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07/10/03Crosstex Increases Third Quarter Distribution to $0.70; Company Sets Payment Date for Second Quarter Distribution
DALLAS, Jul 10, 2003 (BUSINESS WIRE) -- Crosstex Energy, L.P. (NasdaqNM: XTEX), a Texas-based midstream natural gas company, today announced its board had authorized an increase in its third quarter distribution on its common and subordinated units by $0.15 per common unit to $0.70 per quarter, or $2.80 annually. The company also announced the declaration of its second quarter distribution on its common and subordinated units of $0.55 per unit on August 15, 2003, payable to holders of rec... 
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07/10/03Crosstex Energy, L.P. Files Registration for Proposed Follow-On Offering of Common Units
DALLAS--(BUSINESS WIRE)--July 10, 2003--Crosstex Energy, L.P. (NasdaqNM:XTEX), a Texas-based midstream natural gas company, today announced that it has filed a registration statement for a follow-on offering of 1,500,000 common units representing limited partner interests. The registration statement also includes a 30-day option granted to the underwriters to purchase an additional 225,000 common units to cover any over-allotments. Crosstex intends to use the proceeds from the offer... 
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07/01/03Crosstex Energy Completes Acquisition of Assets From Duke Energy Field Services
DALLAS, Jul 1, 2003 (BUSINESS WIRE) -- Crosstex Energy, L.P. (NasdaqNM:XTEX), a Texas-based midstream natural gas company, today announced that it has completed the previously-announced acquisition of a package of assets in Mississippi, Texas, Alabama and Louisiana from Duke Energy Field Services, L.P. for $67.35 million, after the effect of certain purchase price adjustments. The acquisition increases Crosstex's total miles of gathering and transmission pipeline from approximately 1,... 
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06/04/03Crosstex Energy Closes New Financing Facilities
DALLAS--(BUSINESS WIRE)--June 4, 2003--Crosstex Energy, L.P. (NasdaqNM:XTEX), a Texas-based midstream natural gas company, today announced that it has closed two new senior secured financing facilities: a bank facility of $100 million and an institutional shelf facility of $50 million. Funds from the facilities will be used for general corporate purposes and to fund the previously announced acquisition of assets from Duke Energy Field Services, LP. The bank facility consists of a $7... 
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05/14/03Crosstex Reports First Quarter 2003 Results
DALLAS, May 14, 2003 /PRNewswire-FirstCall via COMTEX/ -- Crosstex Energy, L.P. (Nasdaq: XTEX), a Texas-based midstream natural gas company, reported first quarter net income of $832 thousand, or $0.11 per limited partner unit, compared to a net loss in the first quarter of 2002 of $252 thousand. (Limited partner units were not outstanding in the 2002 period, as the Partnership completed its initial public offering in December 2002.) Distributable Cash Flow for the quarter was $5.4 millio... 
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05/02/03 Crosstex Energy to Acquire Assets From Duke Energy Field Services
DALLAS, May 2 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX), a Texas-based midstream natural gas company, today announced that it has executed an agreement for the acquisition of a package of assets in Mississippi, Texas, Alabama and Louisiana from Duke Energy Field Services, L.P. for $66.35 million. The transaction is expected to close on June 30, 2003. "This transaction is our largest acquisition to date and is an excellent fit for us based on the timing followin... 
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05/02/03Crosstex Energy Schedules Conference Call To Discuss Acquisition of Duke Energy Assets
DALLAS--(BUSINESS WIRE)--May 2, 2003--Crosstex Energy, L.P. (NasdaqNM: XTEX), a Texas-based midstream natural gas company, will hold a conference call to discuss the acquisition of certain assets from Duke Energy Field Services announced earlier today. The conference call is scheduled for Monday, May 5, at 10:00 am Central Time (11:00 am Eastern Time). The dial-in number for the call is 800-599-9816, passcode Crosstex. A live Webcast of the call can be accessed on the investor rela... 
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04/28/03Crosstex Energy To Report First Quarter Results May 14, 2003
DALLAS, Apr 28, 2003 (BUSINESS WIRE) -- Crosstex Energy, L.P. (NasdaqNM: XTEX), a Texas-based midstream natural gas company, will hold its quarterly conference call to discuss first quarter results for 2003 on Wednesday, May 14, at 10:00 am Central Time (11:00 am Eastern Time). The dial-in number for the call is 800-299-9086, passcode Crosstex. A live Webcast of the call can be accessed on the investor relations page of Crosstex Energy's Web site at www.crosstexenergy.com. The call w... 
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04/17/03Crosstex Announces Initial Distribution
DALLAS, Apr 17, 2003 /PRNewswire-FirstCall via COMTEX/ -- Crosstex Energy, L.P. (Nasdaq: XTEX), today announced it will make its initial distribution on its common and subordinated units of $0.576 on May 15, 2003, payable to holders of record on April 30, 2003. The distribution consists of $.076 covering the period from the closing of the Company's IPO through December 31, 2002, and $.50 covering the first quarter of 2003. Crosstex Energy, L.P., a mid-stream natural gas company headqua... 
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03/25/03Crosstex Reports Fourth Quarter & Year End 2002 Results
Growth from 2001 to 2002: - Pipeline throughput increased 25% - Natural gas processed increased 41% - Treating plants in operation increased year-over-year from 30 to 35 DALLAS, Mar 25, 2003 /PRNewswire-FirstCall via COMTEX/ -- Crosstex Energy, L.P. (Nasdaq: XTEX), in its first report since the successful completion of its initial public offering, announced continued year-over-year growth in all phases of its business. Gross margins were $8.7 million for the fourth quarter of 2002, compa... 
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03/13/03Crosstex Energy To Report 2002 Results March 25, 2003
DALLAS, Mar 13, 2003 (BUSINESS WIRE) -- Crosstex Energy, L.P. (NasdaqNM:XTEX), a Texas-based midstream natural gas company, will hold its quarterly conference call to discuss fourth quarter and year-end results for 2002 on Tuesday, March 25, at 1:00 p.m. Central Time (2:00 p.m. Eastern Time). The dial-in number for the call is 800-299-8538, passcode Crosstex. A live Webcast of the call can be accessed on the investor relations page of Crosstex Energy's Web site at www.crosstexenergy.co... 
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02/13/03Crosstex Makes Entry Into Barnett Shale
DALLAS, Feb 13, 2003 /PRNewswire-FirstCall via COMTEX/ -- Crosstex Energy, L.P. (Nasdaq: XTEX), a Texas-based midstream natural gas company, announced today that it had entered into a joint venture agreement with RLAC Gathering Group LP (RLAC), to form Crosstex D.C. Gathering Company. The purpose of the venture is to construct and operate a new gathering system to gather Barnett Shale natural gas production in Denton County, Texas. Under the terms of the joint venture, Crosstex and RLAC wi... 
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01/23/03 Crosstex Energy Enters Florida Gas Market
DALLAS, Jan. 23 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) today announced that, after completing the connections to approximately 70 miles of pipeline the company acquired from Florida Gas Transmission in June 2002, it has begun selling natural gas to markets in Florida. "I commend our operations and engineering personnel, who, despite poor weather conditions, completed these connections within the planned project timeframe," said Barry Davis, Presiden... 
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01/13/03 Crosstex Energy Acquires Remaining 50% of Will O Mills Treating Plant
DALLAS, Jan. 13 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX) announced today that it has completed the acquisition of the remaining 50% interest in the Will O Mills treating plant previously owned by a subsidiary of Hanover Compressor Company (NYSE: HC), for $2.2 million. Crosstex has owned 50% of the plant, located in Val Verde County, Texas, since 2000. The plant has a treating capacity of approximately 60,000 mcf per day, and is currently treating approximately... 
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12/19/02Crosstex Energy Acquires Vanderbilt Pipeline System
DALLAS, Dec. 19 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P. (Nasdaq: XTEX - News) today announced that it has closed the acquisition of the Vanderbilt System from Devon Energy Corporation. The Vanderbilt System consists of over 200 miles of gathering and transmission pipelines, including 105 miles of 14 inch mainline, gathering rich natural gas south and west of Houston, Texas. "This transaction continues our growth strategy in the Texas Gulf Coast area," said Barry Davis, President and Chi... 
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08/07/02Natural gas energy firm Crosstex Energy L.P. on Wednesday filed to sell 2 million common units at between $19 and $21 each in its initial public offering.
4:54:34 PM, WASHINGTON, Aug 7 (Reuters) The Dallas, Texas-based firm said common unit holders would be entitled to 50 cents per quarter per unit, according to its prospectus filed with the Securities and Exchange Commission. It said it plans to use proceeds to repay debt, for working capital and for other general corporate purposes. Underwriters A.G. Edwards, Raymond James and RBC Capital Markets have an option to purchase an extra 300,000 units. The firm has applied to the Nasdaq to ... 
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06/24/02Crosstex Energy Services Acquires Florida Gas Transmission 20”
Dallas, Texas, June 24, 2002 – Crosstex Energy Services, Ltd. is pleased to announce that it has completed the purchase of approximately 70 miles of 20" pipeline from Florida Gas Transmission that will be used to connect Crosstex's existing CCNG system with its Gulf Coast System. The pipeline will also provide Crosstex with access to markets into Florida Gas at the MOPS Delivery Point, Zone 1, and through new connections to be built to a new supply point into the Conoco Lobo Pipeline at Agua Du... 
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10/31/01Crosstex Energy Services, Inc. Acquires Millennium Gas Services
Dallas, Texas, October 31, 2001 – Crosstex Energy Services, Inc. today announced that it closed on the acquisition of Millennium Gas Services on October 11, 2001. The acquisition consists of 100 % of the stock of Millennium Gas Services. The assets acquired include a total of eleven (11) amine treating plants, five of which are currently in operation and 6 plants that will be added to Crosstex' inventory. The acquired plants in operation are primarily in Crosstex' core area of the Texas Gulf Coa... 
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05/11/01Crosstex Energy Services, Inc. Acquires Corpus Christi Natural Gas Company
Dallas, Texas, May 11, 2001 – Crosstex Energy Services, Inc. today announced the acquisition of Corpus Christi Natural Gas Company, LP (CCNG) from an affiliate of Shell U.S. Gas & Power Company. The acquisition includes CCNG's gathering, processing, transmission, marketing, and industrial pipeline affiliates. The CCNG System consists of approximately 520 miles of gathering and transmission pipelines, the Rosita gas treating plant and the Gregory gas processing/fractionation facility. In a geogr... 
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11/07/00Crosstex Energy Services, Inc. acquires Gulf Coast Pipeline System from Tejas Gas Corporation
Dallas, Texas, November 7, 2000 – Crosstex Energy Services, Inc. today announced the acquisition of Tejas Gas Transmission, L.L.C., owner of the Gulf Coast Pipeline System and its supply and marketing affiliate, G C Marketing Company. The Gulf Coast System is a 484-mile Texas intrastate pipeline system with a mainline from Refugio County in South Texas running northeast along the Gulf Coast to the Brazos River in Fort Bend County near Houston. The system has two supply pipeline laterals ... 
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09/06/00Crosstex Energy Services, Inc. Acquires Arkoma Gas Gathering System From Western Gas Resources, Inc.
For Immediate Release Date: September 6, 2000 Contact: Barry E. Davis, President and Chief Executive Officer Phone: 214/953?9500 Fax: 214/953-9501 Crosstex Energy Services, Inc. acquires Arkoma Gas Gathering System from Western Gas Resources, Inc. Dallas, Texas, September 6, 2000 – Crosstex Energy Services, Inc. today announced the acquisition of Western Gas Resources, Inc.'s extensive natural gas gathering and compression assets located in the Arkoma Basin of Oklahoma. The 74... 
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05/26/00Crosstex Energy Crosstex Energy Services, Inc. Receives Equity Investment From Yorktown Energy Partners
Dallas, Texas, May 26, 2000 - Crosstex Energy Services, Inc. today announced it has closed on a transaction with Yorktown Energy Partners IV, LP, a New York based private equity energy fund. Under the transaction, Energy Transfer, led by Ray Davis and Kelcy Warren, sold its majority ownership interest in Crosstex to Yorktown. Yorktown has also provided additional equity capital to finance future growth. “The sale by Energy Transfer to Yorktown was consistent with their original plan. ... 
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Primary IR Contact
  • Jill McMillan
    Director, Public & Industry Affairs
    Crosstex Energy
    Phone: (214) 953-9500
    Fax: (214) 953-9501 fax
    Email
Accountants
  • KPMG LLP
    Dallas, TX
Transfer Agent
  • American Stock Transfer
    Shareholder Inquiries
    59 Maiden Lane
    Plaza Level
    New York, NY 10038
    Phone: 800.937.5449
    Corporate Website: http://www.amstock.com
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