Exhibit 99.1
Item 6. Selected Financial Data
     The following table sets forth selected historical financial and operating data of Crosstex Energy, L.P. as of and for the dates and periods indicated. The selected historical financial data are derived from the audited financial statements of Crosstex Energy, L.P. In addition, our summary historical financial and operating data include the results of operations of the LIG assets beginning in April 2004, the south Louisiana processing assets beginning November 2005, the NTP beginning April 2006 and the Chief midstream assets beginning June 2006 and other smaller acquisitions completed in 2006.
     The table should be read together with “Management’s Discussion and Analysis of Financial Condition and Results of Operations.”
                                         
    Crosstex Energy, L.P.  
    Years Ended December 31,  
    2008     2007     2006     2005     2004  
    (In thousands, except per unit data)  
Statement of Operations Data:
                                       
Revenues:
                                       
Midstream
  $ 3,072,646     $ 2,380,224     $ 1,534,800     $ 1,212,864     $ 790,692  
Profit on energy trading activities
    3,365       4,105       2,535       1,599       2,228  
 
                             
Total revenues
    3,076,011       2,384,329       1,537,335       1,214,463       792,920  
 
                             
Operating costs and expenses:
                                       
Purchased gas
    2,768,225       2,124,503       1,378,979       1,154,345       756,820  
Operating expenses
    125,754       91,202       65,871       28,958       12,085  
General and administrative
    68,864       59,493       43,710       30,693       19,724  
Gain on sale of property
    (947 )     (1,024 )     (1,936 )     (8,289 )     (12 )
(Gain) loss on derivatives
    (8,619 )     (4,147 )     (174 )     10,399       (206 )
Impairments
    29,373                          
Depreciation and amortization
    107,521       83,315       56,349       15,122       6,520  
 
                             
Total operating costs and expenses
    3,090,171       2,353,342       1,542,799       1,231,228       794,931  
 
                             
Operating income (loss)
    (14,160 )     30,987       (5,464 )     (16,765 )     (2,011 )
Other income (expense):
                                       
Interest expense, net
    (74,971 )     (48,059 )     (19,889 )     (12,407 )     (5,861 )
Loss on extinguishment of debt
                             
Other income
    27,770       538       212       392       786  
 
                             
Total other income (expense)
    (47,201 )     (47,521 )     (19,677 )     (12,015 )     (5,075 )
Loss from continuing operations before non-controlling interest and income taxes
    (61,361 )     (16,534 )     (25,141 )     (28,780 )     (7,086 )
Income tax provision
    (2,369 )     (760 )     (222 )     (216 )     (162 )
 
                             
Loss from continuing operations, net of tax
    (63,730 )     (17,294 )     (25,363 )     (28,996 )     (7,248 )
Income from discontinued operations, net of tax
    25,007       31,343       20,714       48,637       31,241  
Gain from sale of discontinued operations, net of tax
    49,805                          
 
                             
Discontinued operations
    74,812       31,343       20,714       48,637       31,241  
 
                             
Net income (loss) before cumulative effect of change in accounting principle
    11,082       14,049       (4,649 )     19,641       23,993  
Cumulative effect of change in accounting principle
                689              
 
                             
Net income (loss)
    11,082       14,049       (3,960 )     19,641       23,993  
Less: Net income from continuing operations attributable to the non-controlling interest
    311       160       231       441       289  
 
                             
Net income (loss) attributable to Crosstex Energy, L.P.
  $ 10,771     $ 13,889     $ (4,191 )   $ 19,200     $ 23,704  
Net income (loss) per limited partner common unit
  $ (3.19 )   $ (0.20 )   $ (1.09 )   $ 0.56     $ 0.98  
Net income per limited partner senior subordinated unit
  $ 9.44     $     $ 5.31     $     $  
Distributions declared per limited partner unit (1)
  $ 2.00     $ 2.33     $ 2.18     $ 1.93     $ 1.70  
 
                                       
Balance Sheet Data (end of period):
                                       
Working capital deficit
  $ (32,910 )   $ (46,888 )   $ (79,936 )   $ (11,681 )   $ (34,724 )
Property and equipment, net
    1,527,280       1,425,162       1,105,813       667,142       324,730  
Total assets
    2,533,266       2,592,874       2,194,474       1,425,158       586,771  
Long-term debt
    1,263,706       1,223,118       987,130       522,650       148,700  
Partners’ equity including non-controlling interest
    797,931       788,641       715,531       405,559       147,096  
Cash Flow Data:
                                       
Net cash flow provided by (used in)(2):
                                       
Operating activities
  $ 173,750     $ 114,818     $ 113,010     $ 14,010     $ 48,103  
Investing activities
    (186,810 )     (411,382 )     (885,825 )     (615,017 )     (124,371 )
Financing activities
    14,554       295,882       772,234       596,615       81,899  
Other Financial Data:
                                       
Gross margin (3)
  $ 307,786     $ 259,826     $ 158,356     $ 60,118     $ 36,100  
 
                                       
Operating Data:
                                       
Pipeline throughput (MMBtu/d)
    1,991,000       1,555,000       845,000       582,000       667,000  
Natural gas processed (MMBtu/d)(4)
    1,608,000       1,835,000       1,817,000       1,707,000       286,000  
Producer Services (MMBtu/d)
    85,000       94,000       138,000       111,010       210,000  


 

 
(1)   Distributions include fourth quarter 2008 distributions of $0.25 per unit paid in February 2009; fourth quarter 2007 distributions of $0.61 per unit paid in February 2008; fourth quarter 2006 distributions of $0.56 per unit paid in February 2007; fourth quarter 2005 distributions of $0.51 per unit paid in February 2006; fourth quarter 2004 distributions of $0.45 per unit paid in February 2005; and fourth quarter 2003 distributions of $0.375 per unit paid in February 2004.
 
(2)   Cash flow data includes cash flows from discontinued operations.
 
(3)   Gross margin is defined as revenue, including profit on energy trading activities, less related cost of purchased gas.
 
(4)   For the year ended 2005, processed volumes include a daily average for the south Louisiana processing plants for November 2005 and December 2005, the two-month period these assets were operated by us.