SunCoke Energy Partners, L.P. Chairman, President and CEO

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
SunCoke Energy Partners, L.P. Chairman, President and CEO Fritz Henderson Interviewed by Advisor Access

SAN FRANCISCO, CA--(Marketwired - Jan 12, 2016) -  SunCoke Energy Partners, L.P. ( NYSE : SXCP ) is the only MLP serving integrated steel producers.

  • Since its IPO in January 2013, raised quarterly cash distributions by 44%
  • Intends to hold quarterly distributions at $.5940 per unit, or $2.376 annualized, in 2016
  • Insulated from commodity price volatility due to key provisions in long-term take-or-pay contracts
  • Consistent cash flow
  • Strong sponsor support

SunCoke Energy Partners, L.P. ( NYSE : SXCP ), is a raw materials processing, refining and handling company that produces coke for U.S. integrated steelmakers and provides domestic and export coal handling services for the steel, coal and power industries. Fritz Henderson is chairman, president and CEO of SXCP and its general partner, SunCoke Energy, Inc. ( NYSE : SXC ). Prior to joining SunCoke, Henderson served in several leadership positions at General Motors, including COO, CFO and president and CEO.

Advisor Access spoke with Fritz Henderson about the future of SunCoke Energy.

Advisor Access: SXCP is a non-traditional MLP. What makes it unique and why is it well-suited for the MLP structure?

Fritz Henderson: SunCoke is the only publicly traded master limited partnership serving integrated steel producers. As a processor, refiner and handler of raw materials, we meet the definition of an MLP. To make coke, we heat metallurgical coal in large-scale, specially-designed ovens for about 48 hours. The high temperature burns off the coal's impurities and leaves behind a refined, carbon-rich product called coke. This coke gets mixed with iron ore and other elements, like limestone, and heated again in a blast furnace as part of the steel-making process.

Our coal logistics business generates MLP-qualifying income through the transloading of coal at our terminals in the Ohio River Valley, Great Lakes and Gulf Coast regions. We can handle up to 45 million tons each year.

We believe the MLP structure is an ideal way to highlight and value the stability of our business model. Our long-term, take-or-pay contracts at our coke plants and Gulf Coast terminal insulate us from commodity price risk. Those contracts, combined with our strong operational performance, help us deliver consistent cash flows.

AA : How do your customer relationships play into the company's core strengths?

Read the complete response to this question and the full interview with Chairman, President and CEO Fritz Henderson by clicking HERE.

About Advisor Access

Advisor-Access LLC was designed to bring compelling investment ideas to investors in the form of in-depth interviews with company management and the latest fact sheets and corporate presentations, in a concise format; the critical pieces of information an investor needs to make an informed investment decision.

DISCLOSURE: SunCoke Energy Partners, L.P. ( NYSE : SXCP ), paid Advisor Access to produce and distribute this interview. SXCP had final approval of the content and is wholly responsible for the validity of the statements. Opinions expressed are those of SXCP and not of Advisor Access or its employees, contractors or owners.

Advisor Access Email Contact

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Celebrating Diversity: Pacific Pride Festival Ignites Joy and Unity

Updated Category News Views 157

Excitement Builds for the Upcoming Pacific Pride Festival The countdown has begun as the Pacific Pride Festival approaches, set to bring a vibrant celebration to Chase Palm Park Field. This year marks a significant milestone with 50 years of Pride as the community comes together to honor joy, art, and inclusivity. Honoring the LGBTQ+ Community's Journey This year's...

Continue Reading
Schneider Electric's Sustainability Progress Shows Remarkable Impact

Updated Category News Views 177

Schneider Electric's Sustainability Progress Shows Remarkable Impact Schneider Electric, a leader in energy management and automation, is making significant strides toward its sustainability goals. The latest outcomes from its Schneider Sustainability Impact (SSI) program demonstrate their progress in environmental, social, and governance targets designed for the future....

Continue Reading
DeFi Development Corp. Celebrates Major Milestones at Nasdaq

Updated Category News Views 104

DeFi Development Corp. Rings the Nasdaq Closing Bell DeFi Development Corp. (Nasdaq: DFDV), the pioneering public company focused on accumulating Solana's native token, SOL, is set to ring the Nasdaq Closing Bell this week. This momentous occasion is scheduled for a Friday, and it represents a significant achievement in the company's journey. A Celebration of Progress and...

Continue Reading
Blue Moon Metals Completes C$86.5 Million Public Offering Success

Updated Category News Views 116

Blue Moon Metals Secures Significant Investment Through Public Offering Blue Moon Metals Inc. has successfully completed its previously announced bought deal public offering, raising a substantial C$86.5 million. This offering attained remarkable attention from the investment community, indicating strong investor confidence in the future of the company and its projects....

Continue Reading
Polaris Divests Indian Motorcycle to Carolwood for Growth

Updated Category News Views 248

Polaris Announces Separation of Indian Motorcycle Polaris Inc. (NYSE: PII) has revealed significant strategic plans to separate Indian Motorcycle into a standalone entity. This move aims to sharpen operational focus on both Polaris and Indian Motorcycle, leveraging strengths within their respective markets. Transaction Overview The decision, announced recently,...

Continue Reading