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 - NEC
- Sub-Industry: N/A
- Symbol: NYSE:SXE
- CUSIP: N/A
- Web: www.southcrossenergy.com
Capitalization:- Market Cap: $189.14 million
- Outstanding Shares: 78,157,000
Average Prices:- 50 Day Moving Avg: $2.79
- 200 Day Moving Avg: $3.29
- 52 Week Range: $1.10 - $4.74
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -1.90
- P/E Growth: -0.16
Sales & Book Value:- Annual Revenue: $627.73 million
- Price / Sales: 0.30
- Book Value: $6.69 per share
- Price / Book: 0.36
Profitability:- EBIDTA: $59.78 million
- Net Margins: -16.46%
- Return on Equity: -18.51%
- Return on Assets: -8.84%
Debt:- Debt-to-Equity Ratio: 1.00%
- Current Ratio: 1.27%
- Quick Ratio: 1.27%
Misc:- Average Volume: 119,880 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) issued its quarterly earnings data on Tuesday, May, 10th. The company reported ($0.27) EPS for the quarter, beating the consensus estimate of ($0.34) by $0.07. The firm earned $119.73 million during the quarter, compared to analyst estimates 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.
Who are some of Southcross Energy Partners, L.P.'s key competitors?
Some companies that are related to Southcross Energy Partners, L.P. include Premier Oil PLC (PMOIY), CNX Coal Resources LP (CNXC), Energy XXI Gulf Coast (EXXI), San Juan Basin Royalty Trust (SJT), Flotek Industries (FTK), Pengrowth Energy Corporation (PGH), Natural Resource Partners LP (NRP), Natural Gas Services Group (NGS), California Resources Corporation (CRC), Arc Logistic Partners LP (ARCX), Abraxas Petroleum Corporation (AXAS), Romaco Resourcs (METC), Matrix Service Company (MTRX), Kimbell Royalty (KRP), Key Energy Services (KEG), W&T Offshore (WTI), SilverBow Resources (SBOW) and Cloud Peak Energy (CLD).
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
Who owns Southcross Energy Partners, L.P. stock?
Southcross Energy Partners, L.P.'s stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Freestone Capital Holdings LLC (0.40%), Acadian Asset Management LLC (0.21%), Royal Bank of Canada (0.17%), Goldman Sachs Group Inc. (0.07%), Virtu KCG Holdings LLC (0.07%) and Stifel Financial Corp (0.06%). View Institutional Ownership Trends for Southcross Energy Partners, L.P..
Who sold Southcross Energy Partners, L.P. stock? Who is selling Southcross Energy Partners, L.P. stock?
Who bought Southcross Energy Partners, L.P. stock? Who is buying Southcross Energy Partners, L.P. stock?
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?
One share of Southcross Energy Partners, L.P. stock can currently be purchased for approximately $2.41.
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.
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 |
Analysts' Ratings History for Southcross Energy Partners, L.P. (NYSE:SXE)
Show:
| 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 | |
| 8/21/2015 | Barclays PLC | Boost Price Target | Underweight | $8.00 -> $10.00 | N/A | |
| 8/20/2015 | Royal Bank Of Canada | Lower Price Target | Sector Perform | $16.00 -> $10.00 | N/A | |
(Data available from 8/18/2015 forward)
Earnings History for Southcross Energy Partners, L.P. (NYSE:SXE)Earnings History by Quarter for Southcross Energy Partners, L.P. (NYSE SXE)| 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 | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Southcross Energy Partners, L.P. (NYSE:SXE)Current Year EPS Consensus Estimate: $-2.12 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 Yield: | 0.00% |
| 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)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 10/28/2015 | Quarterly | $0.40 | | 11/5/2015 | 11/9/2015 | 11/13/2015 |
| 7/30/2015 | | $0.40 | | 8/6/2015 | 8/10/2015 | 8/14/2015 |
| 4/28/2015 | quarterly | $0.40 | 10.45% | 5/6/2015 | 5/8/2015 | 5/14/2015 |
| 1/28/2015 | quarterly | $0.40 | 12.5% | 2/5/2015 | 2/9/2015 | 2/13/2015 |
| 10/23/2014 | quarterly | $0.40 | 7.86% | 11/3/2014 | 11/5/2014 | 11/14/2014 |
| 7/25/2014 | quarterly | $0.40 | 7.22% | 8/6/2014 | 8/8/2014 | 8/14/2014 |
| 4/25/2014 | quarterly | $0.40 | 9.33% | 5/7/2014 | 5/9/2014 | 5/15/2014 |
| 1/24/2014 | quarterly | $0.40 | | 2/3/2014 | 2/5/2014 | 2/14/2014 |
| 10/21/2013 | quarterly | $0.40 | 7.89% | 11/5/2013 | 11/7/2013 | 11/14/2013 |
| 7/29/2013 | quarterly | $0.40 | 7.01% | 8/7/2013 | 8/9/2013 | 8/14/2013 |
| 4/30/2013 | quarterly | $0.40 | 7.42% | 5/8/2013 | 5/10/2013 | 5/15/2013 |
| 2/4/2013 | quarterly | $0.24 | | 2/7/2013 | 2/11/2013 | 2/14/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Southcross Energy Partners, L.P. (NYSE:SXE)Insider Ownership Percentage: 23.80%
Institutional Ownership Percentage: 2.99%
Insider Trades by Quarter for Southcross Energy Partners, L.P. (NYSE:SXE)| 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 | |
(Data available from 1/1/2013 forward)
Headline Trends for Southcross Energy Partners, L.P. (NYSE:SXE)
Latest Headlines for Southcross Energy Partners, L.P. (NYSE:SXE)
| Source: |
|
| Date | Headline |
|---|
 | Southcross Energy Partners LP (SXE) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - August 15 at 3:00 PM |
 | Southcross Energy Partners, LP Reports Second Quarter Results - Nasdaq
www.nasdaq.com - August 10 at 8:26 AM |
 | Southcross Energy Partners, L.P. Reports Second Quarter Results
finance.yahoo.com - August 9 at 7:56 AM |
 | Southcross Energy Partners: Potential Triple Play To Get Out Of A Jam - Seeking Alpha
seekingalpha.com - August 4 at 8:43 AM |
| Southcross Energy Partners, L.P. -- Moody's downgrades Southcross Holdings to Caa3; changes Southcross Partners' outlook to negative
finance.yahoo.com - July 29 at 7:40 AM |
| Southcross Energy Partners, L.P. (SXE) & Western Refining Logistics, (WNRL) Critical Analysis
www.americanbankingnews.com - July 22 at 10:24 AM |
| Shell to Expand Presence in Power Market with MP2 Buyout
finance.yahoo.com - July 4 at 3:57 PM |
| Are Options Traders Betting on a Big Move in Southcross (SXE) Stock? - Nasdaq
www.nasdaq.com - June 30 at 7:02 AM |
| Are Options Traders Betting on a Big Move in Southcross (SXE) Stock?
finance.yahoo.com - June 30 at 7:02 AM |
 | Frontier Integrity Solutions (FIS) Appoints Keyth Pengal as CEO and ... - Business Wire (press release)
www.businesswire.com - June 27 at 8:52 AM |
| Southcross Energy Partners, L.P. (SXE) Lowered to "Sell" at ValuEngine
www.americanbankingnews.com - June 21 at 10:02 PM |
| SeaDrill (SDRL), Rosneft Oil Drilling Deal Deadline Extended - Nasdaq
www.nasdaq.com - June 5 at 10:33 PM |
| Southcross Energy Partners LP (SXE) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - May 13 at 10:02 PM |
| Southcross Energy Partners LP :SXE-US: Earnings Analysis: Q1, 2017 By the Numbers : May 12, 2017
finance.yahoo.com - May 13 at 1:35 AM |
 | Southcross Energy Partners, L.P. Reports First Quarter Results - GlobeNewswire (press release)
globenewswire.com - May 11 at 1:43 AM |
| Southcross Energy Partners, L.P. Reports First Quarter Results
finance.yahoo.com - May 9 at 10:14 AM |
| Southcross Energy Partners (SXE) Receiving Somewhat Positive Press Coverage, Analysis Shows
www.americanbankingnews.com - May 4 at 5:44 PM |
| Southcross Energy Partners (SXE) Earning Positive Press Coverage, Report Shows
www.americanbankingnews.com - April 30 at 1:08 PM |
| Southcross Energy Partners (SXE) Earning Somewhat Favorable News Coverage, Analysis Finds
www.americanbankingnews.com - April 27 at 2:01 PM |
| Southcross Energy Partners (SXE) Earning Positive Press Coverage, Study Shows
www.americanbankingnews.com - April 24 at 3:52 PM |
| Positive Media Coverage Extremely Likely to Impact Southcross Energy Partners (SXE) Stock Price
www.americanbankingnews.com - April 21 at 7:04 PM |
| Somewhat Critical News Coverage Extremely Likely to Impact Southcross Energy Partners (SXE) Stock Price
www.americanbankingnews.com - April 18 at 3:26 PM |
| Southcross Energy Partners (SXE) Earns Media Impact Score of 0.18
www.americanbankingnews.com - April 14 at 7:09 PM |
| Southcross Energy Partners LP (SXE) Downgraded by Zacks Investment Research
www.americanbankingnews.com - April 8 at 7:20 AM |
| Southcross Energy Partners LP (SXE) Raised to Hold at Zacks Investment Research
www.americanbankingnews.com - March 28 at 8:10 AM |
| Southcross Energy Partners, LP Announces Availability of the 2016 K-1 Tax Package - Nasdaq
www.nasdaq.com - March 15 at 9:01 PM |
| Southcross Energy Partners LP (SXE) Lifted to Hold at Zacks Investment Research
www.americanbankingnews.com - March 14 at 9:27 PM |
| SOUTHCROSS ENERGY PARTNERS, L.P. Financials
finance.yahoo.com - March 14 at 7:35 PM |
| Southcross Energy Partners, LP Reports Fourth Quarter Results - GlobeNewswire (press release)
globenewswire.com - March 11 at 5:34 AM |
 | BRIEF-Southcross Energy qtrly diluted loss per common unit $0.58
www.reuters.com - March 10 at 1:04 AM |
| SOUTHCROSS ENERGY PARTNERS, L.P. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Stateme
biz.yahoo.com - March 9 at 8:02 PM |
| Southcross Energy Partners, L.P. Reports Fourth Quarter Results
finance.yahoo.com - March 9 at 8:02 PM |
| Southcross Energy Partners, L.P. Files 2016 Annual Report on Form 10-K
finance.yahoo.com - March 9 at 8:02 PM |
 | Drilling Permit Roundup: Rise of the independents
www.bizjournals.com - March 6 at 7:21 PM |
| SOUTHCROSS ENERGY PARTNERS, L.P. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements
biz.yahoo.com - February 28 at 11:41 AM |
| Southcross Energy Partners names Williamson as President/CEO
seekingalpha.com - January 9 at 11:58 PM |
| Southcross Energy Announces Leadership Change
finance.yahoo.com - January 9 at 11:58 PM |
| SOUTHCROSS ENERGY PARTNERS, L.P. Files SEC form 8-K, Entry into a Material Definitive Agreement, Termination of a Mat
biz.yahoo.com - January 9 at 11:58 PM |
 | 4:56 pm Southcross Energy Partners secured an amendment to its revolving credit agreement that provides for a full two-year suspension of leverage covenants in the credit agreement through 2018
us.rd.yahoo.com - January 4 at 5:36 AM |
 | Southcross Energy Partners, L.P. Announces Amendment to Revolving Credit Facility and New Equity Investment
us.rd.yahoo.com - January 4 at 5:36 AM |
 | 11 Oil Gas & Consumable Fuels Stocks to Sell Now - Investorplace.com
investorplace.com - December 23 at 8:14 PM |
 | Southcross Energy Partners (SXE) Appoints Andrew Cameron to the ... - StreetInsider.com
www.streetinsider.com - December 20 at 7:57 PM |
| Southcross Energy Partners (SXE) Appoints Andrew Cameron to the Board of Directors
www.streetinsider.com - December 20 at 2:56 PM |
| SOUTHCROSS ENERGY PARTNERS, L.P. Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclos
biz.yahoo.com - December 20 at 2:56 PM |
| SOUTHCROSS ENERGY PARTNERS, L.P. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct
biz.yahoo.com - December 12 at 8:10 PM |
Southcross Energy Partners, L.P. (SXE) Chart for Friday, August, 18, 2017
