Crosstex Energy, Inc. (NASDAQ:XTXI)

They haven't been profitable in years, and continue to drain cash and pile on debt. They claim there will be a pay off at the end but we all know how that goes

I like Crosstex for the reasons deej mentioned below but also because they have invested in pipelines, trucking and processing hubs in the Utica Shale fields in Ohio. These fields will begin producing petroleum products in significant volume in the latter half of 2013 and I project that XTXI is in position to really benefit from their Utica strategy.

I have a small position in Crosstex but hope to add more in the next few months.

IBD EPS, RS, SPROE, Acc ratings plus P/E and div yield
ENERGY 2 85 EB NO EARN, 2.9%cov

Crosstex

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.

01/19/2011 - Company has successfully deleveraged and is now increasing it's dividend 14.3% to an annual rate of $0.32. This pegs their current yield at 3.6%.

Good growth and earnings.

Small and cheap with a good yield.

Engine-zoom

3CmbA,200A,C2N

Short term pull back, look to buy around $5.50-$6 and watch it fly up to $9+. Been playing this stock since April when it was sitting at $1.90 and it's very volatile and quick moving. Company seems to be setting itself up well reducing it's debt by selling secondary pieces and recently buying pipeline in key areas. Although I'm calling the down turn now it's only short term, long term this should find the $20's again.

Ride it down

I am a strong believer in natural gas rising in the next several months. With oil around $82 a barrel, natural gas has ground to make up. When demand hits its peak during the cold winter months, that's when these stocks that are heavily positioned in natural gas, will make a move. I like Chesapeake Energy as a safer play and see it going up around $33, while Crosstex is the more risky play, but offers the greatest upside potential.

outperform

this stock is under valued, they sold their gas purfication business for more than their market cap,(266 mil).

Selected based on CAPs recomendation

ng going higher

Looking for T Boone to pick up the paces on alternative fuels.

Put this in my own protfolio at $1.72. I think this has serious potential to make me a lot of $$$. NG prices are going up all over, and this company looks poised to take advantage of it.

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.