12.10.2015 12:56:57
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SunCoke Energy Partners Q3 Profit Down
(RTTNews) - SunCoke Energy Partners L.P. (SXCP) reported third quarter 2015 net income attributable to SXCP of $19.5 million down from $20.2 million in the same prior year period. The quarter's results reflected the Granite City cokemaking facility dropdown and Convent Marine Terminal transactions, offset by higher financing costs and the impact of the idling of our customer's facility, Haverhill Chemicals LLC, with whom we have a steam supply agreement.
Revenues for the quarter were $210.2 million, a decline of $6.6 million from the same prior year period primarily due to the pass-through of lower coal costs in its Domestic Coke segment, partially offset by revenue generated by new Convent Marine Terminal.
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