Crosstex Declares Quarterly Distribution and Dividend
DALLAS--(BUSINESS WIRE)-- The Crosstex Energy companies today announced the declaration of the quarterly distribution for Crosstex Energy, L.P. (XTEX) (the Partnership) and the quarterly dividend for Crosstex Energy, Inc. (the Corporation) from the second quarter of 2012:
- The quarterly distribution on the Partnerships common units will be $0.33 per unit. The distribution is payable August 14 to unitholders of record August 1.
- The quarterly dividend on the Corporations common stock will be $0.12 per share. The dividend is payable August 14 to shareholders of record August 1.
About the Crosstex Energy Companies
Crosstex Energy, L.P., a midstream natural gas company headquartered in Dallas, operates approximately 3,500 miles of pipeline, 10 processing plants and four fractionators. The Partnership 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 22 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.
Jill McMillan, 214-721-9271
Director, Public & Industry Affairs
Source: Crosstex EnergyCopyright Business Wire 2012