Home » Coal » Crosstex Energy Takes Hit From Impairment Charge in Third-Quarter 2013, but Major Growth From Projects Expected, an Industrial Info News Alert

Crosstex Energy Takes Hit From Impairment Charge in Third-Quarter 2013, but Major Growth From Projects Expected, an Industrial Info News Alert

SUGAR LAND, TX — (Marketwired) — 11/11/13 — Researched by Industrial Info Resources (Sugar Land, Texas) — (NASDAQ:XTEX) (Dallas, Texas), a leading that is partly owned by (NASDAQ:XTXI) (Dallas), reported a net loss in third-quarter 2013 that was influenced largely by an impairment expense on a now-closed plant. The strongest gains came from the segment for gas processing and NGL assets, including NGL fractionation and marketing activities in south Louisiana. Industrial Info is tracking $265 million in active projects involving Crosstex.

Other companies featured: (NYSE:DVN)

For details, view the entire article by subscribing to Industrial Info–s Premium Industry News at , or browse other breaking industrial news stories at .

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and nine international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info–s quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what–s happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the “” page.

Contact:
Joe Govreau
713-783-5147

Leave a Reply

Your email address will not be published. Required fields are marked *