Southcross energy partners, l.p. (SXE)
Income statement / Quarterly
Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12
Revenues

85,134

110,204

140,019

79,387

78,343

103,861

105,781

122,099

127,970

114,387

132,632

123,043

100,141

95,455

-

147,114

146,129

178,491

220,204

206,388

195,063

213,591

-

160,629

-

-

-

-

-

-

Revenue from Related Parties

11,401

11,724

31,301

75,417

58,429

51,376

66,254

48,379

40,308

40,771

27,001

21,619

24,561

24,271

33,707

32,455

21,091

7,447

6,977

6,290

0

0

-

0

-

-

-

-

-

-

Total revenues

96,535

-

-

-

136,772

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of Goods and Services Sold

67,275

-

-

-

104,411

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues (Note 10)

-

121,928

-

154,804

-

155,237

172,035

170,478

168,278

155,158

159,633

144,662

124,702

119,726

165,746

179,569

167,220

185,938

227,181

212,678

195,063

213,591

175,140

160,629

154,703

144,250

151,661

118,150

105,701

120,617

Expenses:
Cost of natural gas and liquids sold

-

92,532

-

118,377

-

123,517

136,313

136,723

132,948

118,691

122,236

108,572

85,619

79,447

-

133,401

124,595

141,115

185,341

180,562

168,826

186,403

146,965

135,416

133,407

125,388

135,212

103,073

87,002

99,202

Operations and maintenance

16,239

14,818

-

13,626

14,376

13,973

-

14,278

15,195

14,306

-

17,781

19,615

16,778

-

19,139

19,834

22,555

-

18,097

-

-

-

-

-

-

-

-

-

-

Operations and maintenance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,745

10,861

10,185

10,896

10,284

9,889

11,064

8,890

8,381

7,197

Depreciation and amortization

8,512

12,238

17,343

17,787

17,906

17,856

18,229

17,521

18,302

17,850

38,049

31,449

18,908

18,541

18,359

17,853

17,571

17,031

15,843

12,701

8,978

8,528

8,591

9,447

8,261

7,249

6,116

5,522

3,674

3,665

General and administrative

12,392

15,920

6,277

5,613

4,941

4,975

6,630

6,557

4,863

8,196

5,667

6,831

8,162

7,886

-

6,803

9,003

7,805

4,842

15,085

6,693

6,103

4,914

5,227

5,582

6,041

4,856

3,351

3,202

2,433

Asset Impairment Charges

26,619

-

-

0

0

-

0

1,120

0

649

0

476

0

0

-

0

193

-

-

1,556

0

-

-

0

-

-

-

-

-

-

Loss (gain) on sale of assets, net

0

-

-

84

553

-

-10

-186

129

62

-24,523

179

12,576

0

-

33

38

-218

-72

-334

45

-4

-25

0

0

0

-

-

-

-

Total expenses

131,037

135,508

613,401

155,319

141,081

160,321

176,610

176,385

171,179

159,630

183,007

164,930

119,728

122,652

-

177,163

171,158

188,724

225,310

228,335

196,197

211,899

170,630

160,986

157,534

148,567

157,248

120,836

102,259

112,497

Loss from operations

-34,502

-13,580

-442,081

-515

-4,309

-5,084

-4,575

-5,907

-2,901

-4,472

-23,374

-20,268

4,974

-2,926

-

2,406

-3,938

-2,786

1,871

-15,657

-1,134

1,692

4,510

-357

-2,831

-4,317

-5,587

-2,686

3,442

8,120

Income (Loss) from Equity Method Investments

-2,514

-2,657

-2,902

-3,161

-3,152

-3,136

-3,195

-3,218

-3,331

-3,316

-10,466

-3,694

-3,534

-3,429

-2,729

-3,567

-3,604

-3,552

-

-3,308

-

-

-

0

-

-

-

-

-

-

Interest expense

-15,933

-11,469

-11,182

-11,158

-11,095

-10,010

-9,511

-9,931

-9,636

-9,103

-8,565

-8,598

-8,833

-9,170

-

-8,688

-7,900

-7,498

-6,222

-4,596

-1,771

-2,973

-3,855

-3,587

-3,101

-2,047

-1,274

-1,362

-1,332

-1,799

Reorganization Items

-18,490

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,316

-

-

-

0

-

-

-

-

-

-

Other Expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

86

-

-

-

0

-

-

-

-

-

-

Other Cost and Expense, Operating

18,447

14,126

14,084

14,319

14,247

13,146

12,706

13,149

12,967

10,911

16,098

12,292

12,367

12,599

-

12,255

11,504

11,050

9,401

10,306

1,771

2,973

-

3,587

-

-

-

-

-

-

Income (loss) before reorganization items

-52,949

-

-

-

-18,556

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss before income tax expense

-

-

-

-14,834

-

-

-

-19,056

-15,868

-

-39,472

-32,560

-7,393

-15,525

-

-9,849

-15,442

-13,836

-7,530

-25,963

-2,905

-1,281

655

-3,944

-5,932

-6,364

-8,625

-4,048

2,110

6,321

Income tax expense

-

-

-

0

-

-

-

2

2

-

4

0

3

-5

-

-190

9

69

-81

69

56

8

-18

125

260

18

-3

-7

171

85

Net loss

-71,443

-27,706

-456,166

-14,834

-18,556

-18,230

-17,281

-19,058

-15,870

-15,383

-39,472

-32,560

-7,396

-15,520

-16,478

-9,659

-15,451

-13,905

-7,449

-26,032

-2,961

-1,289

673

-4,069

-6,192

-6,382

-8,622

-4,041

1,939

6,236

Temporary Equity Accretion Preferred Unit In-kind Distribution

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

560

0

-

-

-

-

General partner unit in-kind distribution

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,666

0

-

-

-

-

Net income (Loss) after Dividends and Accretion to Redemption Value Adjustments on Temporary Equity

-71,443

-27,706

-456,170

-14,845

-18,567

-18,241

-17,296

-19,078

-15,892

-15,391

-39,481

-32,572

-7,422

-15,520

-16,476

-9,687

-14,409

-10,827

-1,642

-24,466

-8,761

-1,790

258

-98

-11,418

-6,382

-

-

-

-

Earnings per unit and distributions declared
Net Income (Loss) Available to Common Stockholders, Basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,896

-12,241

-4,329

1,556

Net loss allocated to limited partner, basic and diluted

-71,443

-27,706

-458,207

-12,793

-18,556

-18,230

-17,281

-19,058

-15,870

-15,383

-39,475

-32,558

-7,395

-15,520

-16,479

-9,658

-15,451

-13,905

-

-

-

-

-

-

-

-

-

-

-

-

Basic net income per Southcross Energy LLC common unit (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1.28

Earnings Per Share, Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.14

-

-

-

-

-

1.07

Earnings Per Share, Basic and Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-10.09

-3.58

-

Gain on insurance proceeds

-

-

-

0

-

-

0

0

0

1,500

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General Partner [Member]
Net loss

-71,443

-18,313

-

-

-381

-376

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General partner unit in-kind distribution

0

0

-

-

-11

-11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss allocated to limited partner, basic and diluted

-

-

-

-

-370

-365

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Subordinated Limited Partners [Member]
Net loss allocated to limited partner, basic and diluted

0

0

-

-

-1,369

-2,749

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss allocated to limited partner, basic and diluted

0

0

-

-

-1,369

-2,749

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average number of limited partner units outstanding, basic and diluted

12,214

12,214

-

-

12,214

12,214

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average number of limited partner units outstanding, basic and diluted

12,214

12,214

-

-

12,214

12,214

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted loss per unit (in dollars per unit)

0.00

0.00

-

-

-0.11

-0.23

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted loss per unit (in dollars per unit)

0.00

0.00

-

-

-0.11

-0.23

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Limited Partners [Member]
Net loss allocated to limited partner, basic and diluted

0

0

-

-

-11,101

-10,949

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss allocated to limited partner, basic and diluted

0

0

-

-

-11,101

-10,949

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average number of limited partner units outstanding, basic and diluted

48,682

48,682

-

-

48,637

48,627

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average number of limited partner units outstanding, basic and diluted

48,682

48,682

-

-

48,637

48,627

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted loss per unit (in dollars per unit)

0.00

0.00

-

-

-0.23

-0.23

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted loss per unit (in dollars per unit)

0.00

0.00

-

-

-0.23

-0.23

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-