Crosstex Energy, Inc. (NASDAQ:ENLC)

CAPS Rating: 2 out of 5

The Company, through its subsidiaries, is engaged in the gathering, transmission, treating, processing and marketing of natural gas and NGLs.

Recs

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Player Avatar TMFDeej (99.31) Submitted: 1/31/2013 9:23:29 PM : Outperform Start Price: $16.64 ENLC Score: +95.15

Crostex Enegy manages the Limited Partnership XTEX. XTEX is in the process of a significant expansion that will enable it to significantly increase its distributions to investors. The higher its distribution is, the larger Crostex Energy's cut is as a General Partner. Eugene Robbin of Cove Street Capital believes that XTXI's dividend yield cold rise from today's 2.8% to over 6% in the not so distant future. We're that to happen it would mean great things for the company's stock price in today's yield hungry environment.

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