According to Zacks, “SunCoke Energy Partners L.P. manufactures metallurgical coke used in the blast furnace production of steel. SunCoke Energy Partners, L.P. is based in Lisle, Illinois. “
Shares of SunCoke Energy Partners (NYSE:SXCP) opened at 15.50 on Friday. The firm’s 50-day moving average is $14.61 and its 200 day moving average is $12.49. The company has a market capitalization of $716.26 million, a PE ratio of 7.79 and a beta of 1.19. SunCoke Energy Partners has a 52 week low of $5.16 and a 52 week high of $15.75.
SunCoke Energy Partners (NYSE:SXCP) last announced its earnings results on Thursday, July 28th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.42 by $0.19. The company had revenue of $181.40 million for the quarter, compared to analyst estimates of $185.40 million. The firm’s quarterly revenue was down 12.6% on a year-over-year basis. On average, analysts anticipate that SunCoke Energy Partners will post $1.76 earnings per share for the current fiscal year.
A number of hedge funds have recently modified their holdings of the company. Walleye Trading LLC boosted its stake in shares of SunCoke Energy Partners by 107.1% in the second quarter. Walleye Trading LLC now owns 10,250 shares of the company’s stock valued at $111,000 after buying an additional 5,300 shares during the period. Citadel Advisors LLC acquired a new stake in shares of SunCoke Energy Partners during the second quarter valued at $208,000. KCG Holdings Inc. acquired a new stake in shares of SunCoke Energy Partners during the second quarter valued at $142,000. Allianz Asset Management AG acquired a new stake in shares of SunCoke Energy Partners during the second quarter valued at $305,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of SunCoke Energy Partners by 279.5% in the second quarter. JPMorgan Chase & Co. now owns 22,767 shares of the company’s stock valued at $246,000 after buying an additional 16,767 shares during the period.
SunCoke Energy Partners Company Profile
SunCoke Energy Partners, L.P. is engaged primarily in producing coke used in the blast furnace production of steel. The Company also provides coal handling and/or mixing services at its Coal Logistics terminals. The Company’s segments include Domestic Coke, Coal Logistics, and Corporate and Other. Its Domestic Coke segment consists of the Haverhill Coke Company LLC, Middletown Coke Company, LLC and Gateway Energy and Coke Company, LLC cokemaking and heat recovery operations in Franklin Furnace, Ohio; Middletown, Ohio, and Granite City, Illinois, respectively.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for SunCoke Energy Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SunCoke Energy Partners LP and related companies with MarketBeat.com's FREE daily email newsletter.