DALLAS, Apr 19, 2012 (BUSINESS WIRE) --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) from the first quarter of 2012:
The quarterly distribution on the Partnership's common units will be
$0.33 per unit. The distribution is payable May 15 to unitholders of
record May 2. This amount is approximately a 14 percent increase over
the first-quarter 2011 rate.
The quarterly dividend on the Corporation's common stock will be $0.12
per share. The dividend is payable May 15 to shareholders of record
May 2. This amount is approximately a 33 percent increase over the
first-quarter 2011 rate.
About the Crosstex Energy Companies
Crosstex Energy, L.P., a midstream natural gas company headquartered in
Dallas, Texas, operates approximately 3,300 miles of pipeline, ten
processing plants and four fractionators. Crosstex Energy, L.P.
currently provides services for 3.2 billion cubic feet of natural gas
per day, or approximately six percent of marketed U.S. daily production.
Crosstex Energy, Inc. owns the two percent general partner interest, a
25 percent limited partner interest and the incentive distribution
rights of Crosstex Energy, L.P.
Additional information about the Crosstex companies can be found at www.crosstexenergy.com.
SOURCE: Crosstex Energy
Jill McMillan, 214-721-9271
Public & Industry Affairs