Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/1555538/000119312513071270/d488226d10k.htm
June 2019
May 2019
April 2019
February 2019
October 2018
October 2018
July 2018
April 2018
January 2018
December 2017
Exhibit 99.1
Investors:
Ryan Osterholm: 630-824-1987
Media:
Anna Rozenich: 630-824-1945
SUNCOKE ENERGY PARTNERS, L.P. REPORTS
PREDECESSOR FOURTH QUARTER AND FULL YEAR 2012 RESULTS
| 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 $56.8 million |
| Fourth quarter 2012 results are consistent with 2013 forecast and affirm our expected ability to make minimum quarterly distributions beginning in first quarter 2013 |
Lisle, IL (February 5, 2013) SunCoke Energy Partners, L.P. (NYSE: SXCP) (SXCP) today reported predecessor fourth quarter and full year 2012 results.
SXCP is a newly formed master limited partnership (MLP) that owns a 65 percent interest in each of SunCoke Energy, Inc.s (our sponsor) Haverhill and Middletown cokemaking facilities. (See Initial Public Offering section below.) These predecessor results are for periods prior to the initial public offering of SXCP and are presented on a combined basis, including the 35 percent interest owned by our sponsor, SunCoke Energy, Inc.
With the launch of SunCoke Energy Partners, a new publicly-traded master limited partnership, we created a new industry class, coke manufacturing, within the MLP landscape. said Fritz Henderson, Chairman and Chief Executive Officer of SunCoke Energy Partners, L.P. We are excited to use the MLP structure to grow our share of the U.S. and Canadian cokemaking market while delivering value to investors over time via expected consistent cash distributions.
Henderson continued, Our strong fourth quarter and full year 2012 performance was driven by our new Middletown facility, which began operations in October 2011. The success of the Middletown startup and the sustained solid results at Haverhill this year reflect our continued focus on the disciplined and reliable operation of cokemaking facilities. The strong performance of our Haverhill and Middletown operations combined with our financial flexibility provides a base for SunCoke Energy Partners to pursue growth opportunities in 2013 and beyond.
SUMMARY RESULTS
Three months ended | Year ended | |||||||||||||||||||||||
December 31, | December 31, | |||||||||||||||||||||||
($ 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 | ||||||||||||||||||
Revenues |
$ | 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 |
Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/1555538/000119312513071270/d488226d10k.htm
Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Suncoke Energy Partners, L.P..
Suncoke Energy Partners, L.P.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2013 10-K Annual Report includes:
Material Contracts, Statements, Certifications & more
Suncoke Energy Partners, L.P. provided additional information to their SEC Filing as exhibits
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