SunCoke Energy Partners (NYSE:SXCP) issued its earnings results on Wednesday. The energy company reported $0.10 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by ($0.24), Bloomberg Earnings reports. The business had revenue of $230.40 million during the quarter, compared to analyst estimates of $232.70 million. SunCoke Energy Partners had a return on equity of 9.47% and a net margin of 6.45%.

NYSE SXCP traded up $0.23 during trading on Thursday, hitting $12.55. 14,758 shares of the company traded hands, compared to its average volume of 124,392. SunCoke Energy Partners has a 12 month low of $9.61 and a 12 month high of $18.42. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.58 and a quick ratio of 0.72. The firm has a market cap of $583.85 million, a P/E ratio of 10.29 and a beta of 1.59.

The business also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be issued a dividend of $0.40 per share. The ex-dividend date is Tuesday, May 14th. This represents a $1.60 annualized dividend and a yield of 12.75%. SunCoke Energy Partners’s dividend payout ratio (DPR) is currently 131.15%.

SXCP has been the subject of a number of research reports. ValuEngine cut SunCoke Energy Partners from a “sell” rating to a “strong sell” rating in a research report on Wednesday, March 6th. Zacks Investment Research cut SunCoke Energy Partners from a “buy” rating to a “hold” rating in a research report on Saturday, February 9th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $19.00.

Institutional investors have recently bought and sold shares of the company. IFP Advisors Inc increased its stake in SunCoke Energy Partners by 1,451.0% during the fourth quarter. IFP Advisors Inc now owns 3,102 shares of the energy company’s stock valued at $32,000 after acquiring an additional 2,902 shares during the period. Mizuho Securities USA LLC bought a new position in SunCoke Energy Partners during the first quarter valued at about $326,000. Geode Capital Management LLC increased its stake in SunCoke Energy Partners by 94.6% during the fourth quarter. Geode Capital Management LLC now owns 62,131 shares of the energy company’s stock valued at $661,000 after acquiring an additional 30,203 shares during the period. Finally, Wiley BROS. Aintree Capital LLC bought a new position in SunCoke Energy Partners during the fourth quarter valued at about $716,000. Institutional investors and hedge funds own 7.02% of the company’s stock.

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About SunCoke Energy Partners

SunCoke Energy Partners, L.P., a master limited partnership, produces and sells coke used in the blast furnace production of steel in the United States. It operates in two segments, Domestic Coke and Logistics. The company also provides metallurgical and thermal coal mixing and handling terminal services, as well as operates Convent Marine Terminal, an export terminal in the United States Gulf Coast located in Convent, Louisiana.

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Earnings History for SunCoke Energy Partners (NYSE:SXCP)

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