Suncoke Energy Partners (SXCP) Misses Q1 EPS by 18c
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SunCoke Energy Partners, L.P. Reports Strong First Quarter 2015 Results and Increases Cash Distributions Per Unit
April 23, 2015 8:05 AM EDTDistributable cash flow of $29.3 million lead to increased cash distribution per unit of 5.7 percent to $0.5715 for first quarter payment Net income attributable to SXCP decreased $0.6 million to $12.6 million in first quarter 2015; strong operating results were offset by Granite City transaction and financing costs Adjusted EBITDA increased $6.6 million to $48.3 million in first quarter 2015, driven by improved coal-to-coke yields and higher sales volumes
LISLE, Ill.--(BUSINESS WIRE)-- SunCoke Energy Partners, L.P. (NYSE: SXCP) today reported first quarter 2015 net income... More
SunCoke Energy, Inc. Announces First Quarter 2015 Results and Reaffirms Full Year Guidance
April 23, 2015 8:05 AM EDTLoss from continuing operations attributable to SXC was $2.0 million, or $0.03 per share, in first quarter 2015 reflecting transaction and financing costs associated with the dropdown of Granite City of $0.09 per share, partially offset by improved operating performance Adjusted EBITDA from continuing operations increased $9.6 million to $49.1 million, resulting from improved coke and coal logistics performance and lower corporate costs Domestic Coke achieved improved yields to deliver first quarter Adjusted EBITDA of $52.7 million, or $56 per ton, up $5.9 million from prior year Increased dividend 28 percent to $0.075... More

