Southcross Energy Partners, L.P. (SXE) [Rocket]

In millions, except per share items	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Sales of natural gas	322.2	379.4	271.3	399.8	530.9	405.2	325.4	385.5
Sales of NGLs and condensate	220.5	179.2	159.0	154.5	226.2	169.5	124.1	106.5
Other			21.0	793.2	78.1	60.0	46.6	523.1
Total revenues	401.6	470.2	451.3	1,347.5	835.2	634.7	496.1	1,015.1
Revenue growth [+]	-14.6%	4.2%	-66.5%	61.3%	31.6%	27.9%	-51.1%	4.5%
Sales of natural gas	-15.1%	39.9%	-32.1%	-24.7%	31.0%	24.5%	-15.6%	1.6%
Sales of NGLs and condensate	23.0%	12.8%	2.9%	-31.7%	33.4%	36.6%	16.6%	13.8%
Cost of goods sold [+]	-68.8	-62.4	-36.7	-70.8	13.9	7.7	16.6	37.6
Other cost of sales					24.5	12.6	-7.5
Maintenance and operations costs	57.9	59.2	70.2		59.9	41.3	35.5	25.2
Depreciation and amortization	-70.9	-71.9	-106.9		-46.1	-33.5	-19.0	12.3
Other direct costs	-55.8	-49.7
Gross profit	470.4	532.7	488.0	1,418.3	821.4	627.0	479.6	977.6
Gross margin	117.1%	113.3%	108.1%	105.3%	98.3%	98.8%	96.7%	96.3%
Selling, general and administrative [+]	21.8	26.2	28.5	-6.4	32.7	21.8	13.8	9.1
General and administrative	21.8	26.2	28.5		32.7	21.8	13.8	9.1
Equity in earnings	-12.4	-13.1	-21.1	-13.5	-6.5
Other operating expenses	469.5	522.5	484.8	1,329.8	753.9	574.7	462.4	952.1
EBITDA [+]	37.6	42.8	60.4	165.7	28.2	30.6	22.3	28.7
EBITDA growth	-12.0%	-29.2%	-63.5%	486.5%	-7.5%	37.2%	-22.5%	-6.5%
EBITDA margin	9.4%	9.1%	13.4%	12.3%	3.4%	4.8%	4.5%	2.8%
Depreciation and amortization	70.9	71.9	106.9	70.8	46.1	33.5	19.0	12.3
EBIT [+]	-33.3	-29.1	-46.5	94.9	-17.8	-3.0	3.3	16.4
EBIT growth	14.2%	-37.4%	-149.1%	-632.8%	494.4%	-191.1%	-79.9%	-17.0%
EBIT margin	-8.3%	-6.2%	-10.3%	7.0%	-2.1%	-0.5%	0.7%	1.6%
Non-recurring items [+]	431.1	1.8	16.2	7.1	1.9			0.5
Asset impairment	430.3	1.8	0.5	7.1	1.6			0.5
Loss (gain) on sale of assets	0.8	0.0	11.8		0.4	0.0
Legal settlement			3.9
Interest expense	38.5	35.1	32.5	32.3	16.2	13.0	10.6	8.0
Interest expense	38.5	35.1	32.5	32.3	16.2	13.0	10.6	8.0
Other income (expense), net [+]	-5.0	-1.5	0.2		-1.7	0.5	3.0	-0.1
Gain (loss) on debt retirement			-1.0		-2.3		-1.8	-3.2
Other					0.1
Pre-tax income	-507.8	-67.6	-95.0	55.5	-37.7	-15.6	-4.2	7.8
Income taxes	0.0	0.0	0.0	0.0	-0.1	-0.4	-0.2	0.3
Tax rate			0.0%	0.0%	0.1%	2.5%	5.8%	3.3%
Net income	-507.8	-67.6	-94.9	-55.5	37.7	16.0	-22.9	-8.1
Net margin	-126.4%	-14.4%	-21.0%	-4.1%	4.5%	2.5%	-4.6%	-0.8%

Basic EPS [+]	($4.40)	($0.84)	($1.48)	($0.93)	$0.75	$0.71	($19.12)	($6.80)
Growth	423.8%	-43.2%	59.1%	-224.6%	5.1%	-103.7%	181.1%	164.1%
Diluted EPS [+]	($4.40)	($0.84)	($1.48)	($0.93)	$0.75	$0.71	($19.12)	($6.80)
Growth	423.8%	-43.2%	59.1%	-224.6%	5.1%	-103.7%	181.1%	164.1%

Dividends per share [+]				$0.79	$1.04	$1.60
Growth			-100.0%	-24.5%	-34.9%

Shares outstanding (basic) [+]	115.4	80.5	64.2	59.7	50.6	22.5	1.2	1.2
Growth	43.4%	25.4%	7.5%	18.0%	124.8%	1776.9%	0.0%	0.1%
Shares outstanding (diluted) [+]	115.4	80.5	64.2	59.7	50.6	22.5	1.2	1.2
Growth	43.4%	25.4%	7.5%	18.0%	124.8%	1776.9%	0.0%	0.1%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.