Media stories about SunCoke Energy Partners, L.P. (NYSE:SXCP) have been trending somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. SunCoke Energy Partners, L.P. earned a news sentiment score of 0.01 on Accern’s scale. Accern also assigned news coverage about the energy company an impact score of 46.2822425245732 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the media stories that may have impacted Accern Sentiment’s rankings:
- SunCoke Energy Partners, LP (SXCP) noted a price change of -4.64% and Sun Communities, Inc. (SUI) closes with a … – Stocks Gallery (stocksgallery.com)
- SunCoke Energy Partners LP breached its 50 day moving average in a Bearish Manner : SXCP-US : August 11, 2017 (finance.yahoo.com)
- ETFs with exposure to SunCoke Energy Partners LP : August 11, 2017 (finance.yahoo.com)
- Contrasting SunCoke Energy Partners, L.P. (SXCP) and National Steel (SID) (americanbankingnews.com)
- Near-Term Bearish Signal Identified For SunCoke Energy Partners LP (SXCP) Shares – Sheridan Daily (sheridandaily.com)
Several brokerages have commented on SXCP. Zacks Investment Research cut shares of SunCoke Energy Partners, L.P. from a “hold” rating to a “sell” rating in a research report on Tuesday, June 27th. ValuEngine cut shares of SunCoke Energy Partners, L.P. from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 17th.
Shares of SunCoke Energy Partners, L.P. (NYSE SXCP) opened at 16.45 on Friday. The firm’s 50-day moving average price is $18.01 and its 200 day moving average price is $16.94. SunCoke Energy Partners, L.P. has a 12-month low of $12.07 and a 12-month high of $21.95. The firm’s market cap is $760.37 million.
SunCoke Energy Partners, L.P. (NYSE:SXCP) last released its earnings results on Thursday, July 27th. The energy company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.21 by $0.08. SunCoke Energy Partners, L.P. had a negative net margin of 9.52% and a positive return on equity of 14.02%. The company had revenue of $200.60 million during the quarter, compared to analyst estimates of $212.25 million. During the same period in the previous year, the company posted $0.23 EPS. The company’s quarterly revenue was up 10.6% compared to the same quarter last year. On average, equities analysts expect that SunCoke Energy Partners, L.P. will post ($1.91) earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Tuesday, August 15th will be paid a $0.594 dividend. This represents a $2.38 annualized dividend and a yield of 14.44%. The ex-dividend date is Friday, August 11th. SunCoke Energy Partners, L.P.’s payout ratio is -127.27%.
In related news, major shareholder Sun Coal & Coke Llc bought 4,100 shares of the business’s stock in a transaction on Thursday, July 27th. The shares were purchased at an average price of $17.95 per share, with a total value of $73,595.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders acquired 1,539,386 shares of company stock worth $26,057,144 in the last three months.
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About SunCoke Energy Partners, L.P.
SunCoke Energy Partners, L.P. is engaged in the production of coke used in the blast furnace production of steel. As of December 31, 2016, the Company owned a 98% interest in Haverhill Coke Company LLC (Haverhill), Middletown Coke Company, LLC (Middletown), and Gateway Energy and Coke Company, LLC (Granite City).
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