Top 5 Asian Companies To Invest In 2015

Top 5 Asian Companies To Invest In 2015: Crosstex Energy L.P.(XTEX)

Crosstex Energy, L.P. operates as an independent midstream energy company. The company, through its subsidiary, Crosstex Energy Services, L.P., engages in gathering, transmission, processing, and marketing natural gas and natural gas liquids (NGLs) in the north Texas Barnett shale area and Louisiana. Its activities include connecting the wells of natural gas producers to its gathering systems; processing natural gas for the removal of NGLs; fractionating NGLs into purity products, such as ethane, propane, isobutene, normal butane, natural gasoline, and stabilized condensate; marketing those NGL products; transporting natural gas; and providing it to various markets. The company also purchases natural gas from natural gas producers and other supply sources, and sells that natural gas to utilities, industrial consumers, and other marketers and pipelines. In addition, it purchases natural gas from producers not connected to its gathering systems for resale. The company operat es approximately 3,300 miles of natural gas gathering and transmission, and NGL pipelines. Crosstex Energy GP, LLC serves as the general partner of the company. Crosstex Energy, L.P. was founded in 1992 and is headquartered in Dallas, Texas.

Advisors' Opinion:

• [By Paul Ausick]

  Stocks on the Move: Crosstex Energy Inc. (NASDAQ: XTXI) is up 71.5% at $35.33 on a merger with Devon Energy Corp. (NYSE: DVN). Crosstex Energy LP (NASDAQ: XTEX) is up 33.9% at $27.25 on the same news. Voxeljet AG (NYSE: VJET) is up 22.7% at $35.34. J.C. Penney Co. Inc. (NYSE: JCP) is down 8.4% at $6.42, after posting another record low today.

• [By Paul Ausick]

  Crosstex Energys (XTXI) shares are up 59.4% at $32.84 after posting a new 52-week high of $34.21. Crosstex Energy LPs (XTEX) shares are up 38% at $28.08 after putting up a new high of $29.50 earlier.

• [By Seth Jayson]

  Crosstex Energy (Nasdaq: ! XTEX  ) reported earnings on May 8. Here are the numbers you need to know.

  The 10-second takeaway
  For the quarter ended March 31 (Q1), Crosstex Energy missed estimates on revenues and exceeded expectations on earnings per share.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-5-asian-companies-to-invest-in-2015.html