Suncoke Energy Partners, L.P. (SXCP) SEC Filing 10-K Annual report for the fiscal year ending Monday, December 31, 2012

Suncoke Energy Partners, L.P.

CIK: 1555538 Ticker: SXCP

Exhibit 99.1




Ryan Osterholm: 630-824-1987


Anna Rozenich: 630-824-1945




  Coke production increased 85 thousand tons in fourth quarter 2012 and 574 thousand tons for the year 2012, driven by our Middletown cokemaking facility, which began operations in October 2011


  Capacity utilization ran in excess of 100 percent for fourth quarter 2012 and full year 2012


  Net income more than doubled to $15.3 million in fourth quarter 2012. For full year 2012, net income increased 84.4 percent to $56.8 million


  Fourth quarter 2012 results are consistent with 2013 forecast and affirm our expected ability to make minimum quarterly distributions beginning in first quarter 2013

Lisle, IL (February 5, 2013) – SunCoke Energy Partners, L.P. (NYSE: SXCP) (“SXCP”) today reported predecessor fourth quarter and full year 2012 results.

SXCP is a newly formed master limited partnership (“MLP”) that owns a 65 percent interest in each of SunCoke Energy, Inc.’s (our sponsor) Haverhill and Middletown cokemaking facilities. (See “Initial Public Offering” section below.) These predecessor results are for periods prior to the initial public offering of SXCP and are presented on a combined basis, including the 35 percent interest owned by our sponsor, SunCoke Energy, Inc.

“With the launch of SunCoke Energy Partners, a new publicly-traded master limited partnership, we created a new industry class, coke manufacturing, within the MLP landscape.” said Fritz Henderson, Chairman and Chief Executive Officer of SunCoke Energy Partners, L.P. “We are excited to use the MLP structure to grow our share of the U.S. and Canadian cokemaking market while delivering value to investors over time via expected consistent cash distributions.”

Henderson continued, “Our strong fourth quarter and full year 2012 performance was driven by our new Middletown facility, which began operations in October 2011. The success of the Middletown startup and the sustained solid results at Haverhill this year reflect our continued focus on the disciplined and reliable operation of cokemaking facilities. The strong performance of our Haverhill and Middletown operations combined with our financial flexibility provides a base for SunCoke Energy Partners to pursue growth opportunities in 2013 and beyond.”



     Three months ended      Year ended  
     December 31,      December 31,  

($ in millions)

   2012      2011      Increase      2012      2011      Increase  

Coke Production (in ‘000s of tons)

     443         358         85         1,766         1,192         574   

Coke Sales (in ‘000s of tons)

     440         360         80         1,758         1,203         555   


   $ 186.2       $ 140.1       $ 46.1       $ 740.2       $ 449.8       $ 290.4   

Operating Income

   $ 24.8       $ 8.6       $ 16.2       $ 91.5       $ 38.3       $ 53.2   

Net Income

   $ 15.3       $ 7.3       $ 8.0       $ 56.8       $ 30.8       $ 26.0   

The following information was filed by Suncoke Energy Partners, L.P. (SXCP) on Tuesday, February 5, 2013 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Suncoke Energy Partners, L.P.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2013 10-K Annual Report includes:

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Ticker: SXCP
CIK: 1555538
Form Type: 10-K Annual Report
Accession Number: 0001193125-13-071270
Submitted to the SEC: Fri Feb 22 2013 2:42:00 PM EST
Accepted by the SEC: Fri Feb 22 2013
Period: Monday, December 31, 2012
Industry: Steel Works Blast Furnaces And Rolling Mills Coke Ovens

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