January 11, 2016

Southcross Energy Partners, L.P. (SXE) Suspends Quarterly Dividends

Risky Investments

Have you experienced investment losses after your broker/financial advisor recommended the energy related stock Southcross Energy Partners, L.P. (SXE)? The company’s quarterly dividend was just suspended. Call Soreide Law Group for a no-cost consultation with a lawyer to discuss the possibility of recovering your losses at: 888-760-6550.
SXE’s 52-week range was 1.12 - 16.20
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 sources, purchases, transports, and sells natural gas and NGLs to industrial, commercial, and power generation customers, as well as local distribution companies. The company operates 4 gas processing plants, 2 fractionation plants, and approximately 3,005 miles of pipeline 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. (SXE) stock tumbled after management announced a series of actions aimed at enhancing liquidity. These included a suspension of the company’s quarterly dividend and the closing of a $14 million unsecured loan.

If you've suffered investment losses in Southcross Energy Partners, L.P. (SXE) due to your broker or financial advisor's recommendations, call Soreide Law Group for a free consultation with an attorney: 888-760-6552.

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