Crosstex Energy Partnership Reports 900,000 3Q Income

摘要

Crosstex Energy Partnership reported third quarter net income of 900,000, down form 1.1 million for the third quarter last year. The net loss per limited partner unit was 12￠ per unit versus a net loss of 5￠ per unit for third quarter 2005. The loss per limited partner unit was impacted by the preferential allocation of net income to the general partner of 4.1 million, which represented the general partner’s incentive distribution rights less certain stock-based compensation costs. This allocation reduced the limited partners’ share of net income to a net loss of 3.2 million for the quarter.