Suncoke Energy Partners (SXCP) Declares $0.5825 Quarterly Dividend; 15.9% Yield
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Go back to Suncoke Energy Partners (SXCP) Declares $0.5825 Quarterly Dividend; 15.9% Yield
July 21, 2015 7:12 AM EDT
Suncoke Energy Partners (NYSE: SXCP) reported Q2 EPS of $0.40, in-line with the analyst estimate of $0.40. Revenue for the quarter came in at $207.6 million versus the consensus estimate of $216.9 million.
For earnings history and earnings-related data on Suncoke Energy Partners (SXCP) click here.
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July 21, 2015 7:09 AM EDT
Suncoke Energy Partners (NYSE: SXCP) has entered into an agreement with Raven Energy Holdings, LLC, an affiliate of The Cline Group, to acquire Convent Marine Terminal in Convent, La., for $412 million. This transaction is expected to close by September 1, 2015, subject to customary closing conditions and regulatory approvals.
This transaction will represent a material expansion of SXCPs coal logistics business and mark our entry into export coal handling. Convent Marine Terminal is one of the largest export terminals on the U.S. Gulf Coast and provides strategic access to seaborne markets for coal and other... More
