Suncoke Energy Partners (SXCP) Posts Q2 EPS of 23c

SunCoke Energy Partners, L.P. Announces Second Quarter 2016 Results

Net income attributable to SXCP decreased $4.9 million to $12.1 million Adjusted EBITDA attributable to SXCP decreased $1.2 million to $40.9 million Strong Distributable Cash Flow and Distribution Cash Coverage Ratio of $39.1 million and 1.33x, respectively Repurchased more than $17 million of face value bonds during the quarter and declared quarterly distribution of $0.5940 per unit Reaffirmed full-year outlook for 2016 Adjusted EBITDA attributable to SXCP of $207 million to $217 million; however, the Company modified its guidance range for Distributable Cash Flow to $147 million to $161 million to reflect... More

SunCoke Energy, Inc. Announces Second Quarter 2016 Results

Net loss attributable to SXC was $4.6 million, or $0.07 per share, in the current period compared to a loss of $13.5 million, or $0.21 per share, in the prior year period Adjusted EBITDA was $46.5 million, up $13.1 million versus the prior year period Reduced consolidated debt outstanding by $57.5 million, including SXCP's repurchase of $17.1 million of face value bonds during the quarter Reaffirmed full-year guidance for 2016 Consolidated Adjusted EBITDA of $210 million to $235 million

LISLE, Ill.--(BUSINESS WIRE)-- SunCoke Energy, Inc. (NYSE:... More