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Crosstex Energy Reports Third-Quarter 2012 Results

The net loss per limited partner common unit for the third quarter of 2012 was $0.34 compared with a net loss of $0.14 per common unit for the third quarter of 2011.

Third-Quarter 2012 Compared with Third-Quarter 2011 – Crosstex Energy, Inc. Financial Results

The Corporation reported a net loss of $4.3 million for the third quarter of 2012 compared with a net loss of $1.6 million for the third quarter of 2011.

On a stand-alone basis, the Corporation had cash on hand of approximately $3.6 million and no debt as of the end of the third quarter of 2012.

Crosstex to Hold Earnings Conference Call on November 9, 2012

The Partnership and the Corporation will hold their quarterly conference call to discuss third-quarter 2012 results, November 9, 2012 at 10:00 a.m. Central time (11:00 a.m. Eastern time). The dial-in number for the call is 1-888-679-8033. Callers outside the United States should dial 1-617-213-4846. The passcode is 42972160 for all callers. Investors are advised to dial in to the call at least 10 minutes prior to the call time to register. Participants may preregister for the call at https://www.theconferencingservice.com/prereg/key.process?key=PPGW6YLLL. Preregistrants will be issued a pin number to use when dialing in to the live call, which will provide quick access to the conference by bypassing the operator upon connection. Interested parties also can access the live webcast of the call on the Investors page of Crosstex’s website at www.crosstexenergy.com.

After the conference call, a replay can be accessed until February 7, 2013 by dialing 1-888-286-8010. International callers should dial 1-617-801-6888 for a replay. The passcode for all callers listening to the replay is 69562618. Interested parties also can access the live webcast of the call on the Investors page of Crosstex’s website at www.crosstexenergy.com.

About the Crosstex Energy Companies

Crosstex Energy, L.P., a midstream natural gas company headquartered in Dallas, operates approximately 3,500 miles of natural gas, natural gas liquids, and oil pipelines, 10 processing plants and four fractionators. The Partnership also operates barge terminals, rail terminals, product storage facilities, brine water disposal wells and an extensive truck fleet.

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