About Southcross Energy Partners, L.P. (NYSE:SXE)
Southcross Energy Partners, L.P. provides natural gas gathering, processing, treating, compression and transportation services and natural gas liquid (NGL) fractionation and transportation services. The Company also sources, purchases, transports and sells natural gas and NGLs. Its assets are located in South Texas, Mississippi and Alabama As of December 31, 2016, its assets consisted of gathering systems, intrastate pipelines, two natural gas processing plants, one fractionation facility, 20 compressor stations and a treating system. Its gathering systems and intrastate pipelines include South Texas and Mississippi/Alabama. The assets in its South Texas region are located between Montgomery County, which is north of Houston, and Webb and Dimmit Counties near the Texas-Mexico border. The assets in its Mississippi region are located principally in the southern half of the state and consist of intrastate pipeline system in Mississippi.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Transportation Services
- Sub-Industry: N/A
- Symbol: NYSE:SXE
- CUSIP: N/A
- Web: www.southcrossenergy.com
- Market Cap: $156.96 million
- Outstanding Shares: 78,482,000
- 50 Day Moving Avg: $2.25
- 200 Day Moving Avg: $3.08
- 52 Week Range: $1.10 - $4.74
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -1.57
- P/E Growth: -0.22
- Annual Revenue: $627.73 million
- Price / Sales: 0.25
- Book Value: $6.69 per share
- Price / Book: 0.30
- EBITDA: $59.78 million
- Net Margins: -16.46%
- Return on Equity: -18.51%
- Return on Assets: -8.84%
- Debt-to-Equity Ratio: 1.00%
- Current Ratio: 1.27%
- Quick Ratio: 1.27%
- Average Volume: 78,562 shs.
- Beta: 4.17
- Short Ratio: 1.39
Frequently Asked Questions for Southcross Energy Partners, L.P. (NYSE:SXE)
What is Southcross Energy Partners, L.P.'s stock symbol?
Southcross Energy Partners, L.P. trades on the New York Stock Exchange (NYSE) under the ticker symbol "SXE."
How were Southcross Energy Partners, L.P.'s earnings last quarter?
Southcross Energy Partners, L.P. (NYSE:SXE) posted its earnings results on Tuesday, May, 10th. The company reported ($0.27) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.34) by $0.07. The business earned $119.73 million during the quarter, compared to the consensus estimate of $146.48 million. Southcross Energy Partners, L.P. had a negative return on equity of 18.51% and a negative net margin of 16.46%. View Southcross Energy Partners, L.P.'s Earnings History.
When will Southcross Energy Partners, L.P. make its next earnings announcement?
Who are some of Southcross Energy Partners, L.P.'s key competitors?
Some companies that are related to Southcross Energy Partners, L.P. include Sanchez Energy Corporation (SN), Energy XXI Gulf Coast (EXXI), Flotek Industries (FTK), KIMBELL ROYALTY (KRP), SilverBow Resources (SBOW), ROMACO RESOURCS (METC), Emerge Energy Services LP (EMES), Pacific Ethanol (PEIX), Blueknight Energy Partners L.P., L.L.C. (BKEP), Key Energy Services (KEG), Tesco Corporation (TESO), Willbros Group (WG), Approach Resources (AREX), CSI Compressco LP (CCLP), Gastar Exploration (GST), Gulf Island Fabrication (GIFI), Carbo Ceramics (CRR) and CNX Coal Resources LP (CNXC).
Who are Southcross Energy Partners, L.P.'s key executives?
Southcross Energy Partners, L.P.'s management team includes the folowing people:
- Bruce A. Williamson, Chairman of the Board, President, Chief Executive Officer of Southcross Energy Partners GP, LLC
- Bret Montgomery Allan, Chief Financial Officer, Senior Vice President
- Joel D. Moxley, Senior Vice President, Chief Commercial Officer
- David W. Biegler, Director of Southcross Energy Partners GP, LLC,
- Jon M. Biotti, Director of Southcross Energy Partners GP, LLC
- Jason H. Downie, Director of Southcross Energy Partners GP, LLC
- Wallace Henderson, Director of Southcross Energy Partners GP, LLC
- Andrew A Cameron, Independent Director of Southcross Energy Partners GP, LLC
How do I buy Southcross Energy Partners, L.P. stock?
Shares of Southcross Energy Partners, L.P. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Southcross Energy Partners, L.P.'s stock price today?
MarketBeat Community Rating for Southcross Energy Partners, L.P. (NYSE SXE)MarketBeat's community ratings are surveys of what our community members think about Southcross Energy Partners, L.P. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Southcross Energy Partners, L.P. stock can currently be purchased for approximately $2.00.
Consensus Ratings for Southcross Energy Partners, L.P. (NYSE:SXE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|Consensus Price Target History for Southcross Energy Partners, L.P. (NYSE:SXE)
Analysts' Ratings History for Southcross Energy Partners, L.P. (NYSE:SXE)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|3/17/2016||Stifel Nicolaus||Downgrade||Hold -> Sell||N/A|
|3/17/2016||J P Morgan Chase & Co||Downgrade||Neutral -> Underweight||N/A|
|1/11/2016||Citigroup Inc.||Downgrade||Buy -> Neutral||N/A|
|1/8/2016||Wunderlich||Downgrade||Buy -> Hold||$9.00 -> $3.00||N/A|
|1/8/2016||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||N/A|
|1/4/2016||Raymond James Financial, Inc.||Downgrade||Market Perform -> Underperform||N/A|
|10/30/2015||Robert W. Baird||Reiterated Rating||Neutral||$9.00 -> $7.00||N/A|
Earnings History for Southcross Energy Partners, L.P. (NYSE:SXE)Earnings History by Quarter for Southcross Energy Partners, L.P. (NYSE SXE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/8/2016||Q3||($0.21)||($0.48)||$129.20 million||$144.66 million||View||Listen|
|5/10/2016||Q1||($0.34)||($0.27)||$146.48 million||$119.73 million||View||Listen|
|11/6/2015||Q315||($0.28)||($0.17)||$177.41 million||$179.60 million||View||Listen|
|8/7/2015||Q215||($0.14)||($0.26)||$225.25 million||$167.22 million||View||Listen|
|5/8/2015||Q1||$0.03||($0.21)||$246.50 million||$180.55 million||View||Listen|
|3/6/2015||Q414||$0.03||($0.05)||$244.90 million||$222.58 million||View||Listen|
|11/7/2014||Q214||$0.01||($0.49)||$215.50 million||$211.50 million||View||Listen|
|8/6/2014||Q2||$0.03||($0.28)||$183.20 million||$195.06 million||View||Listen|
|5/7/2014||Q1||$0.02||($0.06)||$176.55 million||$213.59 million||View||Listen|
|3/5/2014||Q4||$0.05||$0.01||$188.29 million||$175.14 million||View||Listen|
|11/13/2013||Q3||($0.01)||($0.14)||$203.96 million||$160.63 million||View||Listen|
|5/8/2013||Q1 2013||($0.18)||($0.26)||$155.45 million||$144.25 million||View||Listen|
Earnings Estimates for Southcross Energy Partners, L.P. (NYSE:SXE)
Current Year EPS Consensus Estimate: $-1.47 EPS
Next Year EPS Consensus Estimate: $-1.27 EPS
Current Dividend Information for Southcross Energy Partners, L.P. (NYSE:SXE)
|Most Recent Dividend:||11/13/2015|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||0.00% (Trailing 12 Months of Earnings) |
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
|Track Record:||3 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Southcross Energy Partners, L.P. (NYSE SXE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Southcross Energy Partners, L.P. (NYSE:SXE)
Insider Ownership Percentage: 23.80%Insider Trades by Quarter for Southcross Energy Partners, L.P. (NYSE:SXE)
Institutional Ownership Percentage: 2.47%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/23/2014||Dennis Leroy Nerland||Director||Buy||111,500||$0.18||$19,512.50|
|11/17/2014||Ronald J Barcroft||Insider||Buy||3,500||$18.19||$63,665.00|| |
|8/25/2014||W Corey Lothamer||Insider||Sell||3,000||$22.51||$67,530.00|| |
|11/7/2012||J Michael Anderson||Insider||Buy||5,000||$20.00||$100,000.00|| |
|11/7/2012||Jerry W Pinkerton||Director||Buy||2,000||$20.00||$40,000.00|| |
Headline Trends for Southcross Energy Partners, L.P. (NYSE:SXE)
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Southcross Energy Partners, L.P. (SXE) Chart for Sunday, October, 22, 2017