Crosstex Energy, Inc. (XTXI)
The Company, through its subsidiaries, is engaged in the gathering, transmission, treating, processing and marketing of natural gas and NGLs.
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A Dividend and looks ti hit rock bottom. I bought this in my IRA.
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Natural Gas is always in demand. With NM, UT, WY, and CO having so much that hasnt even been explored yet, this company will boom in the next year and the price will double wait and see.
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natural gas will go back up. people have to have heat in the winter and with alternative fuels being in the thoughts for vehicles i say buy it.
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Good fundamentals, pays a hefty dividend, and currently is it bargain price.
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the spread between the price of oil and gas is the largest ever. Can it last? There is a glut in natural gas. But peak oil is here (we are running out of oil). Without much more deep water finds (30,000 feet + in the deep ocean), natural gas will surely go up in price. XTXI is cheap right now. Not a great balance sheet though. This is a turnaround play.
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I love pipeline stocks. A Natural Gas play.
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Looking for T Boone to pick up the paces on alternative fuels.
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Natural gas and oil transportation; I'm still not seeing any electric cars on the road are you?
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XTXI has made the right moves at the right time to bring their balance sheet into perspective for the current economic conditions. They have excellant proven resources in all the right locations. They provide a high quality service to other producers as well. Demand for NG will grow rapidly. Increased use for the auto industry and power production will increase 2x over the next 10 years. And that may be conservative.
Cons: Winter is over so home heating use will be down over the next 7 months. Industry production that relys on NG is also down. So in the near term NG demand will be down until Industry and Home heating use return again.
Pros: With NG being one of the cleanest burning fuels available, new power plants using NG will be built (especially in areas nearest NG production) to handle the increased demand for power in the coming years. The price of oil will rise again and thereby push NG back into the limelight as an alternative fuel for the auto industry. Gov't regulations will also push this aspect along. Can you tell me of another fuel that is cleaner burning at the same cost in todays economy for the next 10 years.
I bought this stock for my portfolio at $1.69. I think the current price is still cheap, but I will wait to add to my position again in June when NG use will be at it's lowest level based on economics and seasonal considerations. If you are a long term investor entering this stock at a current price of $1.97 would be a good buy. Do so as a long position.
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Natural gas is a logical bridge fuel to cleaner, more efficient fuel sources (solar, wind, desktop cold fusion...OK, maybe not desktop cold fusion). Crosstex management recently shed some non-strategic assets and paid down debt while renegotiating credit agreements to provide more breathing room. I think once oil prices rebound, XTXI/XTEX will take off as well.
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undervalued by severa magnitude due to confluence of bad weather in the gulf and the economic tidal wave. Natural gas is going up.
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Earnings Estimates Revised Upward
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Follows the price of NG.....which I believe will rise faster than the S&P index over the few years. As soon as the price of NG enables XTXI to restore their dividend, this stock will move sharply higher....I was in at 0.89, but continue to add to my position on weakness. Buy below $4.00, but be prepared for some volatility on the ride higher.
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Natural gas processing & distribution. Heavily invested in the Barnett Shale formation. As that area begins to produce in a big way, XTXI will benefit greatly.
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like it and thought I had reted it a few weeks ago but I like it enough to claim it when it almost doubles in one day.
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ng going higher
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this stock is under valued, they sold their gas purfication business for more than their market cap,(266 mil).
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maybe its the big O
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Selected based on CAPs recomendation
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Great assets poised to gain big from the rise in natural gas prices.

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