Southcross Energy Partners (SXE) Earning Somewhat Negative News Coverage, Report Finds

Share on StockTwits

Media headlines about Southcross Energy Partners (NYSE:SXE) have trended somewhat negative this week, according to Accern. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Southcross Energy Partners earned a coverage optimism score of -0.02 on Accern’s scale. Accern also assigned news headlines about the energy company an impact score of 45.3178375249708 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Shares of NYSE SXE traded down $0.02 during midday trading on Friday, reaching $0.60. 762,920 shares of the company’s stock traded hands, compared to its average volume of 763,085. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.07. Southcross Energy Partners has a one year low of $0.56 and a one year high of $2.74.

Southcross Energy Partners (NYSE:SXE) last released its quarterly earnings data on Thursday, May 10th. The energy company reported ($0.21) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.22) by $0.01. Southcross Energy Partners had a negative net margin of 10.35% and a negative return on equity of 13.59%. The firm had revenue of $156.63 million for the quarter, compared to the consensus estimate of $179.09 million.

Separately, ValuEngine upgraded shares of Southcross Energy Partners from a “strong sell” rating to a “sell” rating in a research note on Wednesday, May 2nd.

About Southcross Energy Partners

Southcross Energy Partners, L.P., together with its subsidiaries, provides natural gas gathering, processing, treating, compression, and transportation services in the United States. The company also offers natural gas liquid (NGL) fractionation and transportation services. In addition, it supplies natural gas to industrial, commercial, and power generation customers, as well as local distribution companies.

Recommended Story: Average Daily Trade Volume – ADTV

Insider Buying and Selling by Quarter for Southcross Energy Partners (NYSE:SXE)

Receive News & Ratings for Southcross Energy Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southcross Energy Partners and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Artio Global Investors  Receiving Somewhat Positive Press Coverage, Report Shows
Artio Global Investors Receiving Somewhat Positive Press Coverage, Report Shows
America First Multifamily Investors LP  Receives Average Rating of “Hold” from Brokerages
America First Multifamily Investors LP Receives Average Rating of “Hold” from Brokerages
Signal Token  Price Up 136.8% Over Last Week
Signal Token Price Up 136.8% Over Last Week
Sunrun Inc  Expected to Announce Earnings of $0.36 Per Share
Sunrun Inc Expected to Announce Earnings of $0.36 Per Share
Conifer Holdings Inc  Expected to Post Earnings of $0.08 Per Share
Conifer Holdings Inc Expected to Post Earnings of $0.08 Per Share
Foot Locker  Shares Gap Up to $48.35
Foot Locker Shares Gap Up to $48.35


Leave a Reply

© 2006-2018 Ticker Report. Google+.