Last $12.53 USD
Change Today -0.30 / -2.34%
Volume 207.6K
SXE On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

southcross energy partners l (SXE) Snapshot

Open
$13.04
Previous Close
$12.83
Day High
$13.09
Day Low
$12.19
52 Week High
07/7/14 - $24.88
52 Week Low
12/9/14 - $11.22
Market Cap
457.5M
Average Volume 10 Days
82.3K
EPS TTM
$-0.40
Shares Outstanding
23.8M
EX-Date
02/5/15
P/E TM
--
Dividend
$1.60
Dividend Yield
12.72%
Current Stock Chart for SOUTHCROSS ENERGY PARTNERS L (SXE)

Related News

No related news articles were found.

southcross energy partners l (SXE) Related Businessweek News

No Related Businessweek News Found

southcross energy partners l (SXE) Details

Southcross Energy Partners, L.P., together with its subsidiaries, provides natural gas gathering, processing, treating, compression, and transportation services in the United States. It also offers natural gas liquid (NGL) fractionation and transportation services. In addition, the company sources, purchases, transports, and sells natural gas and NGLs to industrial, commercial, and power generation customers, as well as local distribution companies. As of March 7, 2014, it had 3 gas processing plants, 2 fractionation plants, and approximately 2,800 miles of pipeline in south Texas, Mississippi, and Alabama. Southcross Energy Partners GP, LLC operates as a general partner of Southcross Energy Partners, L.P. The company was founded in 2009 and is headquartered in Dallas, Texas.

Founded in 2009

southcross energy partners l (SXE) Top Compensated Officers

Founder of Southcross Energy Partners Gp Llc ...
Total Annual Compensation: $400.0K
Chief Financial Officer of Southcross Energy ...
Total Annual Compensation: $294.2K
Compensation as of Fiscal Year 2013.

southcross energy partners l (SXE) Key Developments

Southcross Energy Partners, L.P. Reports Production Results for the Fourth Quarter of 2014

Southcross Energy Partners, L.P. reported production results for the fourth quarter of 2014. For the period, the company experienced steady operations and continued growth of processed gas volumes and production of natural gas liquids during the fourth quarter of 2014 that were in line with its expectations. Processed gas volumes during the quarter averaged approximately 515,000 MMBtu/d, an increase of approximately 35% over third quarter 2014 volumes and 91% over fourth quarter 2013 volumes. The volume of NGLs fractionated during the quarter increased by approximately 23% over third quarter 2014 volumes and 51% over fourth quarter 2013 volumes. Processed gas volumes increased steadily during the fourth quarter of 2014 with the addition of new gas supply contracts and the start-up of Southcross’ Webb Pipeline. Processed gas volumes averaged approximately 550,000 MMBtu/d during the month of December 2014.

Southcross Energy Partners, L.P. Announces Fourth Quarter 2014 Distribution, Payable on February 13, 2015

Southcross Energy Partners, L.P. announced that the board of directors of its general partner has declared a cash distribution for the fourth quarter of 2014 of $0.40 per common unit. The distribution will be paid on February 13, 2015 to unitholders of record on February 9, 2015.

Southcross Energy Partners, L.P. Announces Management Changes

Southcross Energy Partners, L.P. announced that John E. Bonn, previously resident and Chief Operating Officer of Southcross general partner, has been elected President and Chief Executive Officer by its Board of Directors. Mr. Bonn joined the company in March of this year, leading its commercial, operations, engineering and business development activities. David Biegler, who is stepping down from the CEO position, will continue serving as Chairman. Mr. Bonn has more than 30 years of experience in senior commercial and operations positions in midstream businesses. Prior to joining the company, he served as President of NiSource Midstream Services LLC, where he was responsible for building its midstream business in the Appalachian Basin, including natural gas gathering and processing and natural gas liquids. He also served in management positions for Enterprise Product Partners, GulfTerra Energy Partners, El Paso Field Services and Delhi Gas Pipeline. Key executive management reporting to Mr. Bonn will be: Michael Anderson, Chief Financial Officer; Phil Mezey, Executive Vice President Business Development; Corey Lothamer, Vice President Gas Supply & Marketing; Gerardo Rivera, Vice President NGLs; Gaylon Gray, Vice President Pipeline Operations & Engineering; David Ishmael, Vice President Plant Operations & Engineering; and David Ash, Vice President Corporate Development. Mr. Bonn serves on the board of directors for the Texas Aggie Corps of Cadets Association and previously served on the executive boards of the Marcellus Shale Coalition, New Mexico Oil & Gas Association and is a past president of the Natural Gas Society of North Texas.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SXE:US $12.53 USD -0.30

SXE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
American Midstream Partners LP $18.33 USD -0.18
Eagle Rock Energy Partners LP $2.73 USD +0.10
Martin Midstream Partners LP $32.04 USD +1.38
Niska Gas Storage Partners LLC $1.70 USD -0.09
Summit Midstream Partners LP $36.07 USD -0.98
View Industry Companies
 

Industry Analysis

SXE

Industry Average

Valuation SXE Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.6x
Price/Book 1.0x
Price/Cash Flow 52.0x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SOUTHCROSS ENERGY PARTNERS L, please visit www.southcrossenergy.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.