$5.60 -0.15 (-2.61%)
11/6/2009 4:00 PM

Crosstex Energy, Inc. (XTXI)

CAPS Rating: 4 out of 5

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

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Member Avatar mateub (92.80) Submitted: 11/11/2008 1:10:09 AM : Outperform Start Price: $6.93 XTXI Score: -40.16

Valuation already took a big hit after poor earnings, but management still believes they can pay their reduced dividend..we'll see. But at 17%+ yield (yes, really), I can afford further dividend cuts and still be ahead of this market... Indirectly, this is also my way of saying I think oil prices won't go much lower.

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