Crosstex Energy LP (XTEX +0.4%) estimates 2013 adjusted EBITDA at $220M-$250M and distributable...

|By:, SA News Editor

Crosstex Energy LP (XTEX +0.4%) estimates 2013 adjusted EBITDA at $220M-$250M and distributable cash flow of $130M-$160M, sufficient to support distributions of $1.36-$1.46 per unit. Also, XTEX and Crosstex Energy Inc. (XTXI +5.2%) say they are proceeding with phase II of their Cajun-Sibon natural gas liquids pipeline extension in Louisiana.