Southcross Energy Partners reports Q2 EPS (34c), may not compare to consensus 3c Reports Q2 revenue $195.1M, consensus $201.8M. Reports adjusted EBITDA $10.2M vs. $6.2M last year. Growth capital expenditures for the remainder of 2014 are expected to include costs to complete the Webb Pipeline and approximately $15 million of additional growth capital associated with recently added gas supply and gas sales contracts. Southcross expects that growth capital expenditures for the full year 2014 will be in the range of $100 million to $120 million. Consistent with its prior guidance forecast, Southcross continues to expect that its Adjusted EBITDA for the fourth quarter of 2014 will be in the range of $22 million to $28 million.
Southcross Energy Partners sees Q2 adjusted EBITDA $17M-$20M Southcross expects its adjusted EBITDA for Q2 will be approximately $17M-$20M, reflecting some continuing financial impact from restoring the Gregory facility to full capacity and relatively flat rich gas volumes on its system compared to Q1 volumes.