Long Position on SXCP @ $14.55 on 7/25/2016 (Momentum)

SunCoke Energy Partners, L.P. (SXCP) is engaged primarily in producing coke used in the blast furnace production of steel.

The Company also provides coal handling and/or mixing services at its Coal Logistics terminals.

The Company's segments include Domestic Coke, Coal Logistics, and Corporate and Other. Its Domestic Coke segment consists of the Haverhill Coke Company LLC, Middletown Coke Company, LLC and Gateway Energy and Coke Company, LLC cokemaking and heat recovery operations in Franklin Furnace, Ohio; Middletown, Ohio, and Granite City, Illinois, respectively.

The Coal Logistics segment consists of its coal handling and mixing service operations in East Chicago, Indiana; Ceredo, West Virginia; Belle, West Virginia; Catlettsburg, Kentucky, and Convent, Louisiana. The Company's Coal Logistics business provides its services to steel, coke (including some of its domestic cokemaking facilities), electric utility and coal mining customers.

Shares have formed a bullish "flag" ahead of its earnings report on July 28th. Higher share prices are expected for this stock.

52-Weeks Trading Range: $5.16 - $17.13

Entry Point: $14.55

Stop Loss:  $13.75

Target Price: $16.00

Updates

8/17/2016 10:44:43 AM

SXCP closed at $13.00

Position closed on 8/17/2016 at price of $13.00 with a -10.65% loss in 23 days.

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