Natural Resources >> CEO Interviews >> July 11, 2011
William W. Davis, CFA, is Executive Vice President and Chief Financial Officer of Crosstex Energy, Inc. (XTXI), and Crosstex Energy, L.P. (XTEX). He has more than 30 years of financial and accounting experience, and he is a well-known business leader in the energy industry. As a key member of the Crosstex executive management team, Mr. Davis has played a vital role in developing Crosstex's everyday business strategy. He has also been instrumental in Crosstex's evolution into a significant service provider in the energy industry's midstream business sector. Crosstex's throughput is approximately 3.2-billion cubic feet of natural gas a day, or approximately 6% of marketed U.S. daily production. Mr. Davis joined Crosstex in September 2001. Previously, he was Executive Vice President, Chief Financial Officer and Chief Operating Officer of Sunshine Mining and Refining Company. At Sunshine, he also held the positions of Vice President, Financial Analysis, as well as Senior Vice President and Chief Accounting Officer. Mr. Davis began his career in public accounting at Arthur Young & Co. Mr. Davis graduated magna cum laude from Texas A&M University with a BBA in accounting. Profile
TWST: Please give us a little history and a very basic overview of Crosstex Energy.
Mr. Davis: Crosstex's roots go back to 1992 when the company really was just Barry Davis, our CEO, and a business