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Crosstex Energy Inc. (XTXI +5.2%) is a smart play on rising cash flows at MLP Crosstex Energy LP...

Crosstex Energy Inc. (XTXI +5.2%) is a smart play on rising cash flows at MLP Crosstex Energy LP (XTEX +3.5%), Barron's suggests. It's all about the beauty of incentive distribution rights, which motivates XTXI to manage the LP's assets effectively and grow the distribution. As the distribution increases, it receives a stepped-up percentage, up to 50%, making it levered to the LP's rising cash flows.
Comments (1)
  • Caution, Barron's readers! These are very small companies and XTEX has been losing money for years.
    I dropped Barron's after it and the WSJ were acquired by Rupert Murdoch. Effectively they are now part of the Fox News. Many of their better writers are no longer there.
    I subscribe to the Financial Times online. I used their site to look at the numbers of the Crosstex companies. You can access financials, top holders and much other information on companies anywhere in the world.
    10 Dec 2012, 12:42 PM Reply Like
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