Insider Activity to Watch: SunCoke Energy Partners, L.P. $SXCP

a318bf18ded57099d3d251f53d0976b4

SunCoke Energy Partners, L.P. (NYSE:SXCP) insider have most recently took part in a trading activity. On Dec 7, 2017 Sun Coal & Coke Llc, 10% Owner bought 42,267 shares having total worth of $718,539 at the price of $17 per share, following the transaction a total of 28,043,595 shares owned by Sun Coal & Coke Llc. Before this latest buy, Sun Coal & Coke Llc purchased SXCP at 59 other times during the past twelve months, for a total investment of $431.26M at an average of $17.21 per share.

The stock has experienced a total of 21 insider trades in the past three months. These trades include 21 buy trades. Furthermore, over the past 12 months , the stock was traded 60 times by insiders. In 1 of these trades, the insider was a seller while an employee of the company was the buyer in 59 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 21 0 -4.57%
12 Month 59 1 84.6%

Shares of SunCoke Energy Partners, L.P. (NYSE:SXCP) traded down 0.88% on Dec 6, 2017, hitting $16.9. 108,195 shares of the company’s stock traded hands. SunCoke Energy Partners, L.P. has a 52 week low of $9.07 and a 52 week high of $19.59. The company’s market cap is $686 million.

SunCoke Energy Partners, L.P. (NYSE:SXCP) last announced its earnings results on Oct 26, 2017. The company reported 0.00 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.21 by $0.21., compared to the consensus estimate of $213 million. During the same quarter in the previous year, the company posted 0.42 earnings per share. The company’s revenue for the quarter was down 100% on a year-over-year basis.

2017-10-26 2017-07-27 2017-04-20 2017-01-26 2016-10-20 2016-07-28 2016-04-27 2016-01-28 2015-10-12 2015-07-21
earnings per share 0.00 0.13 0.41 0.78 0.42 0.23 0.64 0.71 0.43 0.40
Revenue(M) 0 200.6 195.6 218.3 185.5 181.4 194.5 217.4 210.2 207.6

SunCoke Energy Partners LP was incorporated in Delaware in 2010. It is a limited partnership formed to acquire a 65% interest in each of two entities that own its sponsor’s Haverhill and Middletown cokemaking facilities and related assets. The Company is engaged in producing coking products. The Haverhill and Middletown facilities have a combined 300 cokemaking ovens with an aggregate capacity of approximately 1.7 million tons per year and an average age of four years. It currently operates at full capacity and expects to sell an aggregate of approximately 1.7 million tons of coke per year to two primary customers: AK Steel and ArcelorMittal. The Company’s core business model is predicated on providing steelmakers an alternative to investing capital in their own captive coke production facilities. It directs its marketing efforts principally towards steelmaking customers that require coke for use in their blast furnaces.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.