Exhibit 99.1

FOR IMMEDIATE RELEASE

November 7, 2011

CROSSTEX TO PRESENT NOVEMBER 15 AT

2011 CITI NORTH AMERICAN CREDIT CONFERENCE

DALLAS, November 7, 2011 — Crosstex Energy, L.P. (NASDAQ: XTEX) (the Partnership) and Crosstex Energy, Inc. (NASDAQ: XTXI) (the Corporation) announced today that Barry E. Davis, President and Chief Executive Officer, will present at the 2011 Citi North American Credit Conference in New York at 8:30 a.m. Eastern time on Tuesday, November 15.

Interested parties can listen to a live audio web cast of Crosstex’s presentation and download the related presentation materials by visiting the company’s web site at www.crosstexenergy.com. Click on the Investors page and then Event Calendar for either Crosstex Energy, L.P. or Crosstex Energy, Inc. A replay of the presentation will be archived on the web site shortly after the presentation is concluded and will be available for 90 days.

Michael J. Garberding, Senior Vice President and Chief Financial Officer, will also attend the conference and meet with investors.

About the Crosstex Energy Companies

Crosstex Energy, L.P., a midstream natural gas company headquartered in Dallas, operates approximately 3,300 miles of pipeline, nine processing plants and three fractionators. The Partnership currently provides services for 3.2 billion cubic feet of natural gas per day, or approximately six percent of marketed U.S. daily production.

Crosstex Energy, Inc. owns the two percent general partner interest, a 25 percent limited partner interest and the incentive distribution rights of Crosstex Energy, L.P.

Additional information about the Crosstex companies can be found at www.crosstexenergy.com.

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