Suncoke Energy Partners (SXCP) Reports Q2 Loss of $0.30/Share

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SunCoke Energy Partners, L.P. Announces Second Quarter 2017 Results

July 27, 2017 6:45 AM EDT

LISLE, Ill., July 27, 2017 /PRNewswire/ -- 

Net loss attributable to SXCP was $12.9 million in the second quarter 2017, down $25.0 million versus the prior year period primarily driven by $19.9 million of debt extinguishment costs related to our debt refinancing activities in the current year period Adjusted EBITDA attributable to SXCP was $42.2 million for the quarter, up $1.3 million versus the prior year period Second quarter 2017 Distributable Cash Flow ("DCF") and Distribution Cash Coverage Ratio ("Cash Coverage") of $18.0 million and 0.61x, respectively, include $8.4 million repayment of deferred corporate costs and IDRs to SXC; excluding the... More