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Southcross Energy Partners

DB:SCR
Snowflake Description

Overvalued with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SCR
DB
€578K
Imp Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Southcross Energy Partners, L.P., together with its subsidiaries, provides natural gas gathering, processing, treating, compression, and transportation services in the United States. The last earnings update was 166 days ago. More info.


Add to Portfolio Compare Print
  • Southcross Energy Partners is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • Southcross Energy Partners has significant price volatility in the past 3 months.
SCR Share Price and Events
7 Day Returns
0%
DB:SCR
-3.1%
DE Oil and Gas
-1.8%
DE Market
1 Year Returns
-100%
DB:SCR
73.7%
DE Oil and Gas
9.6%
DE Market
SCR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Southcross Energy Partners (SCR) 0% 0% 0% -100% - -
DE Oil and Gas -3.1% 3.5% 30% 73.7% 15.5% 220.3%
DE Market -1.8% -1.1% -1% 9.6% 4.3% 5.7%
1 Year Return vs Industry and Market
  • SCR underperformed the Oil and Gas industry which returned 73.7% over the past year.
  • SCR underperformed the Market in Germany which returned 9.6% over the past year.
Price Volatility
SCR
Industry
5yr Volatility vs Market

SCR Value

 Is Southcross Energy Partners undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Southcross Energy Partners. This is due to cash flow or dividend data being unavailable. The share price is €0.0001.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Southcross Energy Partners's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Southcross Energy Partners's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:SCR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $-7.05
DB:SCR Share Price ** DB (2020-02-04) in EUR €0
DB:SCR Share Price converted to USD reporting currency Exchange rate (EUR/ USD) 1.104 $0
Europe Oil and Gas Industry PE Ratio Median Figure of 101 Publicly-Listed Oil and Gas Companies 10.11x
Germany Market PE Ratio Median Figure of 403 Publicly-Listed Companies 20.57x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Southcross Energy Partners.

DB:SCR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= DB:SCR Share Price ÷ EPS (both in USD)

= 0 ÷ -7.05

-0x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Southcross Energy Partners is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Southcross Energy Partners is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Southcross Energy Partners's expected growth come at a high price?
Raw Data
DB:SCR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Oil and Gas Industry PEG Ratio Median Figure of 68 Publicly-Listed Oil and Gas Companies 0.6x
Germany Market PEG Ratio Median Figure of 263 Publicly-Listed Companies 1.43x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Southcross Energy Partners, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Southcross Energy Partners's assets?
Raw Data
DB:SCR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $0.12
DB:SCR Share Price * DB (2020-02-04) in EUR €0
DB:SCR Share Price converted to USD reporting currency Exchange rate (EUR/ USD) 1.104 $0
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.29x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.86x
DB:SCR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= DB:SCR Share Price ÷ Book Value per Share (both in USD)

= 0 ÷ 0.12

0x

* Primary Listing of Southcross Energy Partners.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Southcross Energy Partners is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Southcross Energy Partners's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Southcross Energy Partners has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SCR Future Performance

 How is Southcross Energy Partners expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Southcross Energy Partners has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.5%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Southcross Energy Partners expected to grow at an attractive rate?
  • Unable to compare Southcross Energy Partners's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Southcross Energy Partners's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Southcross Energy Partners's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:SCR Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 7.5%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:SCR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:SCR Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:SCR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 545 -34 -570
2019-03-31 585 9 -517
2018-12-31 618 16 -508
2018-09-30 619 4 -69
2018-06-30 635 18 -73
2018-03-31 666 25 -71
2017-12-31 666 26 -68
2017-09-30 654 35 -90
2017-06-30 628 32 -103
2017-03-31 584 68 -95
2016-12-31 549 51 -95
2016-09-30 555 35 -72

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Southcross Energy Partners is high growth as no earnings estimate data is available.
  • Unable to determine if Southcross Energy Partners is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:SCR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Southcross Energy Partners Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SCR Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:SCR Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 -7.05
2019-03-31 -6.39
2018-12-31 -6.30
2018-09-30 -0.86
2018-06-30 -0.92
2018-03-31 -0.89
2017-12-31 -0.85
2017-09-30 -1.14
2017-06-30 -1.32
2017-03-31 -1.21
2016-12-31 -1.22
2016-09-30 -1.09

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Southcross Energy Partners will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of SCR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Southcross Energy Partners's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Southcross Energy Partners's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Southcross Energy Partners's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Southcross Energy Partners has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SCR Past Performance

  How has Southcross Energy Partners performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Southcross Energy Partners's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Southcross Energy Partners does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Southcross Energy Partners's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Southcross Energy Partners's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Southcross Energy Partners's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Southcross Energy Partners Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SCR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 544.59 -570.16 40.20
2019-03-31 584.82 -517.29 26.01
2018-12-31 618.13 -507.82 21.81
2018-09-30 618.85 -68.95 24.97
2018-06-30 634.52 -73.18 27.35
2018-03-31 666.03 -70.51 25.36
2017-12-31 665.95 -67.66 26.25
2017-09-30 653.55 -89.85 22.47
2017-06-30 627.73 -103.34 21.31
2017-03-31 584.16 -94.87 26.52
2016-12-31 548.72 -95.00 28.55
2016-09-30 554.84 -71.99 29.29
2016-06-30 589.74 -49.11 29.27
2016-03-31 632.26 -56.09 30.11
2015-12-31 698.47 -51.40 30.03
2015-09-30 759.91 -37.30 28.45
2015-06-30 793.02 -51.43 30.14
2015-03-31 820.86 -45.72 27.83
2014-12-31 848.51 -36.66 26.12
2014-09-30 796.47 -34.02 26.20
2014-06-30 744.42 -10.56 22.94
2014-03-31 704.06 -13.15 21.83
2013-12-31 634.72 -17.64 21.76
2013-09-30 611.24 -7.03 21.71
2013-06-30 568.76 -18.92 19.83
2013-03-31 519.76 -11.95 17.45

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Southcross Energy Partners has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Southcross Energy Partners has efficiently used its assets last year compared to the Europe Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Southcross Energy Partners improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Southcross Energy Partners's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Southcross Energy Partners has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SCR Health

 How is Southcross Energy Partners's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Southcross Energy Partners's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Southcross Energy Partners's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Southcross Energy Partners's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Southcross Energy Partners's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Southcross Energy Partners has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Southcross Energy Partners Company Filings, last reported 7 months ago.

DB:SCR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 -102.96 662.16 29.56
2019-03-31 -31.51 522.51 1.62
2018-12-31 -3.81 521.12 11.71
2018-09-30 454.39 522.79 3.05
2018-06-30 464.99 522.48 1.16
2018-03-31 482.79 522.05 3.01
2017-12-31 499.57 518.52 5.22
2017-09-30 516.73 522.74 14.65
2017-06-30 534.94 536.91 17.22
2017-03-31 550.65 537.57 4.44
2016-12-31 563.63 548.37 21.23
2016-09-30 583.95 548.91 4.12
2016-06-30 615.38 557.19 4.86
2016-03-31 619.86 625.74 12.78
2015-12-31 621.34 609.02 11.35
2015-09-30 646.27 577.51 1.65
2015-06-30 666.69 560.86 8.22
2015-03-31 596.27 509.83 0.23
2014-12-31 697.10 459.03 1.65
2014-09-30 629.18 458.08 1.82
2014-06-30 432.98 227.03 10.91
2014-03-31 448.77 171.00 4.43
2013-12-31 315.53 267.30 3.35
2013-09-30 324.72 258.90 0.79
2013-06-30 338.44 236.90 1.98
2013-03-31 314.39 246.60 2.25
  • Southcross Energy Partners has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Southcross Energy Partners's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Southcross Energy Partners has less than a year of cash runway based on current free cash flow.
  • Southcross Energy Partners has less than a year of cash runway if free cash flow continues to reduce at historical rates of -42.8% each year.
X
Financial health checks
We assess Southcross Energy Partners's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Southcross Energy Partners has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SCR Dividends

 What is Southcross Energy Partners's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Southcross Energy Partners dividends.
If you bought €2,000 of Southcross Energy Partners shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Southcross Energy Partners's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Southcross Energy Partners's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:SCR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 6.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:SCR Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Southcross Energy Partners has not reported any payouts.
  • Unable to verify if Southcross Energy Partners's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Southcross Energy Partners's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Southcross Energy Partners has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Southcross Energy Partners's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Southcross Energy Partners afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Southcross Energy Partners has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SCR Management

 What is the CEO of Southcross Energy Partners's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jay Swent
COMPENSATION $2,628,135
AGE 68
TENURE AS CEO 1.4 years
CEO Bio

Mr. James W. Swent, III, also known as Jay, has been Chairman, President and Chief Executive Officer at Southcross Energy Partners GP, LLC and Southcross Energy Partners, L.P. since September 18, 2018. He has been Chief Executive Officer and President of Paragon Offshore plc since August 26, 2017. Mr. Swent served as an Executive Vice President of Ensco plc (Also known as Ensco International Inc.) from July 11, 2012 to December 10, 2015 and served as its Chief Financial Officer since July 28, 2003 and Senior Vice President from July 28, 2003 to July 11, 2012. Mr. Swent is a proven leader in international business with over 35 years of experience working in North America, Europe, Asia and Latin America. He has finance and accounting expertise, as well as significant experience with mergers and acquisitions. He has held senior leadership positions in general management, operations, finance and business development in a diverse range of industries with companies such as Memorex Telex, Rodime, Nortel, Cyrix and American Pad and Paper and Ensco plc. He served as the Chairman of BayTech Federal Credit Union for eight years. He served as the Chief Executive Officer of American Pad & Paper Company, Inc. from July 7, 1998 to September 10, 2003 and Chief Financial Officer since June 1998 until September 10, 2003. He served as an Executive Vice President of American Pad & Paper Company from June 1998 to July 1998. He served as the Chief Executive Officer of Cyrix Corporation from December 1996 to December 1997, Senior Vice President of Finance and Administration from July 1996 to December 1996 and Chief Financial Officer since July 1996. He served as Secretary and Treasurer of Cyrix Corporation and Chairman of the Office of the President since December 1996. He served as Vice President of Business Development of Northern Telecom from September 1993 to July 1996 and served as Vice President and Chief Financial Officer of Northern Telecom-Caribbean and Latin America Region from February 1992 to September 1993. Prior to his employment with Northern Telecom, Mr. Swent held various senior management positions in the computer peripherals industry. He served as a Co-Chairman of the Board of American Pad & Paper Company from March 17, 1999 to September 10, 2003. He has been a Director of Energy XXI Ltd. since January 5, 2017, Paragon Offshore plc since July 18, 2017. He served as Director of Energy XXI Gulf Coast, Inc. since December 30, 2016 until February 10, 2018. He served as Lead Independent Director of Energy XXI Gulf Coast, Inc. since February 3, 2017 until February 10, 2018. He serves on the Board of Directors of Rodime PLC. He has served on Boards of public companies listed on the NYSE, NASDAQ and London Stock Exchange. He served as a Director at American Pad & Paper Company since July 1998. He served as a Director of American Pad & Paper Co. since July 7, 1998. He is an Active Member of NACD. He was the recipient of Institutional Investor’s “2010 Best CFO Award”. Mr. Swent has a B.S. in Finance and an MBA in Finance from the University of California, Berkeley.

CEO Compensation
  • Insufficient data for Jay to compare compensation growth.
  • Jay's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Southcross Energy Partners management team in years:

1.3
Average Tenure
58.5
Average Age
  • The average tenure for the Southcross Energy Partners management team is less than 2 years, this suggests a new team.
Management Team

Jay Swent

TITLE
Chairman
COMPENSATION
$3M
AGE
68
TENURE
1.4 yrs

Michael Howe

TITLE
Senior VP
AGE
52
TENURE
1.1 yrs

Bill Boyer

TITLE
Senior VP & COO of Southcross Energy Partners GP
AGE
63
TENURE
1 yrs

Mallory Biegler

TITLE
Manager

Kelly Jameson

TITLE
SVP, General Counsel & Secretary of Southcross Energy Partners GP LLC
AGE
54
TENURE
4.4 yrs

Greg Hood

TITLE
Senior VP & Chief Commercial Officer of Southcross Energy Partners GP LLC
TENURE
0.8 yrs

Gerardo Rivera

TITLE
Vice President of Natural Gas Liquids for Southcross Energy Partners Gp Llc
TENURE
6.7 yrs
Board of Directors Tenure

Average tenure and age of the Southcross Energy Partners board of directors in years:

3.8
Average Tenure
73
Average Age
  • The tenure for the Southcross Energy Partners board of directors is about average.
Board of Directors

Jay Swent

TITLE
Chairman
COMPENSATION
$3M
AGE
68
TENURE
1.4 yrs

Jerry Pinkerton

TITLE
Lead Director of Southcross Energy Partners GP
COMPENSATION
$171K
AGE
79

David Biegler

TITLE
Director of Southcross Energy Partners GP
COMPENSATION
$3M
AGE
73
TENURE
9.1 yrs

Nick Caruso

TITLE
Director of Southcross Energy Partners GP
COMPENSATION
$169K
AGE
73
TENURE
4.6 yrs

Drew Cameron

TITLE
Director of Southcross Energy Partners GP
COMPENSATION
$155K
AGE
59
TENURE
3.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
21. May 19 Sell William Boyer Individual 17. May 19 17. May 19 -17,086 €0.03 €-459
21. May 19 Sell Kelly Jameson Individual 17. May 19 17. May 19 -23,935 €0.03 €-643
X
Management checks
We assess Southcross Energy Partners's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Southcross Energy Partners has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SCR News

Simply Wall St News

SCR Company Info

Description

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. The company operates 2 gas processing plants, 1 fractionation plant, 1 treating plant, and gathering and transportation pipelines in South Texas, Mississippi, and Alabama. Southcross Energy Partners GP, LLC operates as a general partner of Southcross Energy Partners, L.P. The company was founded in 2009 and is headquartered in Dallas, Texas. Southcross Energy Partners, L.P. is a subsidiary of Southcross Holdings LP. On April 1, 2019, Southcross Energy Partners, L.P., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

Details
Name: Southcross Energy Partners, L.P.
SCR
Exchange: DB
Founded: 2009
€577,895
€566,337
82,556,515
Website: http://www.southcrossenergy.com
Address: Southcross Energy Partners, L.P.
1717 Main Street,
Suite 5200,
Dallas,
Texas, 75201,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DB SCR Common Units Deutsche Boerse AG DE EUR 02. Nov 2012
Number of employees
Current staff
Staff numbers
0
Southcross Energy Partners employees.
Industry
Oil and Gas Storage and Transportation
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/02/05 17:18
End of day share price update: 2020/02/04 00:00
Last estimates confirmation: 2018/03/01
Last earnings filing: 2019/08/23
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.