Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Southcross Energy Partners (SXE) Share Price

Headlines about Southcross Energy Partners (NYSE:SXE) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Southcross Energy Partners earned a coverage optimism score of 0.04 on Accern’s scale. Accern also gave news coverage about the energy company an impact score of 46.6773780903206 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

A number of equities research analysts have weighed in on the company. Raymond James Financial raised Southcross Energy Partners from an “underperform” rating to a “market perform” rating in a research report on Thursday, November 2nd. Zacks Investment Research lowered Southcross Energy Partners from a “hold” rating to a “sell” rating in a research report on Friday, November 17th. Finally, ValuEngine lowered Southcross Energy Partners from a “sell” rating to a “strong sell” rating in a research report on Friday, December 1st.

Shares of Southcross Energy Partners (SXE) traded down $0.01 during midday trading on Wednesday, reaching $1.87. The company’s stock had a trading volume of 33,957 shares, compared to its average volume of 190,137. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.00. The company has a market cap of $143.50, a price-to-earnings ratio of -1.55 and a beta of 4.22. Southcross Energy Partners has a 1-year low of $1.50 and a 1-year high of $4.74.

Southcross Energy Partners (NYSE:SXE) last announced its quarterly earnings results on Monday, November 13th. The energy company reported ($0.24) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.22) by ($0.02). Southcross Energy Partners had a negative net margin of 13.74% and a negative return on equity of 16.59%. The company had revenue of $170.48 million during the quarter, compared to analysts’ expectations of $180.53 million. equities research analysts anticipate that Southcross Energy Partners will post -0.83 earnings per share for the current year.

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About Southcross Energy Partners

Southcross Energy Partners, L.P. provides natural gas gathering, processing, treating, compression and transportation services and natural gas liquid (NGL) fractionation and transportation services. The Company also sources, purchases, transports and sells natural gas and NGLs. Its assets are located in South Texas, Mississippi and Alabama As of December 31, 2016, its assets consisted of gathering systems, intrastate pipelines, two natural gas processing plants, one fractionation facility, 20 compressor stations and a treating system.

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