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Form 10-K
SOUTHCROSS ENERGY PARTNERS, L.P. filed this Form 10-K on 04/01/2019
Document Outline
Entire Document (7259.4 KB)
Subdocument 1 - 10-K - 10-K
Page 1 - UNITED STATES
Page 2 - DOCUMENTS INCORPORATED BY REFERENCE
Page 3 - /d: Per day
Page 4 - INDEX TO ANNUAL REPORT ON FORM 10-K
Page 5 - FORWARD-LOOKING INFORMATION
Page 6 - N/A
Page 7 - PART I
Page 8 - Holdings' Sale of Robstown Facility
Page 9 - N/A
Page 10 - N/A
Page 11 - Competitive Strengths
Page 12 - N/A
Page 13 - N/A
Page 14 - South Texas
Page 15 - Competition
Page 16 - Regulation of Operations
Page 17 - Hinshaw Pipelines
Page 18 - Market Behavior Rules; Reporting Requirements
Page 19 - Cyber Security Measures
Page 20 - Hazardous Substances and Waste
Page 21 - Water Discharges
Page 22 - Endangered Species
Page 23 - Employees
Page 24 - Risks Related to Bankruptcy
Page 25 - Our business could suffer from a long and protracted restructuring.
Page 26 - Even if a Chapter 11 plan of reorganization is consummated, we will continue to face risks.
Page 27 - Any Partnership de-levering transaction or change in the Partnership capital structure, including in
Page 28 - Risks Related to Our Business
Page 29 - We expect to have a substantial customer concentration, with a limited number of customers accountin
Page 30 - Because of the natural decline in production from existing wells in our areas of operation, our succ
Page 31 - Our success depends on drilling activity by customers and our ability to attract and maintain custom
Page 32 - Our exposure to direct commodity price risk and volatility in costs to market products may vary.
Page 33 - Our gathering, processing and transportation contracts subject us to contract renewal risks.
Page 34 - Our business involves many hazards and operational risks, some of which may not be fully covered by
Page 35 - Our access to capital may be further limited due to deterioration of conditions in the global capita
Page 36 - If we continue to be unable to generate enough cash flow from operations to service our indebtedness
Page 37 - We are subject to stringent environmental laws and regulations that may expose us to significant cos
Page 38 - Climate change legislation, regulatory initiatives and litigation could result in increased operatin
Page 39 - Increased regulation of hydraulic fracturing could result in reductions or delays in natural gas pro
Page 40 - A change in the jurisdictional characterization or regulation of our assets or a change in regulator
Page 41 - The implementation of statutory and regulatory requirements for derivative transactions could increa
Page 42 - Cyber-attacks, acts of terrorism or other disruptions could adversely impact our results of operatio
Page 43 - The amount of cash we have available for distribution to holders of our common units, subordinated u
Page 44 - Each of Tailwater and EIG is not limited in its ability to compete with us and is not obligated to o
Page 45 - Our Partnership Agreement requires that we distribute all of our available cash, which could limit o
Page 46 - Our Partnership Agreement restricts the rights of holders of our common and subordinated units with
Page 47 - Our General Partner may elect to cause us to issue common units to it in connection with a resetting
Page 48 - Our General Partner interest or the control of our General Partner may be transferred to a third par
Page 49 - Unitholders may have liability to repay distributions that were wrongfully distributed to them.
Page 50 - The price of our common units may be adversely affected by the future issuance and sale of additiona
Page 51 - Tax Risks
Page 52 - Unitholders share of our income is taxable to them for federal income tax purposes even if they do n
Page 53 - If the IRS makes audit adjustments to our income tax returns for tax years beginning after December
Page 54 - A unitholder whose common units are loaned to a short seller to effect a short sale of common units
Page 55 - Item 3. Legal Proceedings
Page 56 - PART II
Page 57 - The following is a discussion of our historical consolidated financial condition and results of oper
Page 58 - Recent Developments
Page 59 - Distribution Suspension
Page 60 - Management Changes
Page 61 - General Trends and Outlook
Page 62 - Interest Rate Environment
Page 63 - HowWe Evaluate Our Operations
Page 64 - Non-GAAP Financial Measures
Page 65 - Reconciliations of Non-GAAP Financial Measures
Page 66 - QUARTERLY FINANCIAL INFORMATION
Page 67 - Key Factor Affecting Operating Results and Financial Condition
Page 68 - Results of Operations
Page 69 - 2018 Compared with 2017
Page 70 - Recent events affecting liquidity
Page 71 - N/A
Page 72 - Capital expenditures.
Page 73 - Off-Balance Sheet Arrangements
Page 74 - New Accounting Pronouncements
Page 75 - SOUTHCROSS ENERGY PARTNERS, L.P.
Page 76 - REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
Page 77 - N/A
Page 78 - SOUTHCROSS ENERGY PARTNERS, L.P.
Page 79 - SOUTHCROSS ENERGY PARTNERS, L.P.
Page 80 - SOUTHCROSS ENERGY PARTNERS, L.P.
Page 81 - SOUTHCROSS ENERGY PARTNERS, L.P.
Page 82 - SOUTHCROSS ENERGY PARTNERS, L.P.
Page 83 - Holdings' Sale of Robstown Facility
Page 84 - Principles of Consolidation
Page 85 - Long-Lived Assets
Page 86 - Asset Retirement Obligations
Page 87 - Earnings per Unit
Page 88 - New Accounting Pronouncements
Page 89 - N/A
Page 90 - N/A
Page 91 - 3. NET LOSS PER LIMITED PARTNER UNIT AND DISTRIBUTIONS
Page 92 - Distributions
Page 93 - N/A
Page 94 - 4. FINANCIAL INSTRUMENTS
Page 95 - 5. LONG-LIVED ASSETS
Page 96 - Impairment of Long-Lived Assets
Page 97 - 6. LONG-TERM DEBT
Page 98 - Third A R Revolving Credit Agreement
Page 99 - Term Loan Agreement
Page 100 - TPL
Page 101 - Operating Leases
Page 102 - Other Transactions with Affiliates
Page 103 - Common units
Page 104 - 10. INCENTIVE COMPENSATION
Page 105 - Employee Savings Plan
Page 106 - 12. INVESTMENTS IN JOINT VENTURES
Page 107 - N/A
Page 108 - 13. CONCENTRATION OF CREDIT RISK
Page 109 - Automatic stay
Page 110 - Delisting of Common Units
Page 111 - Evaluation of Disclosure Controls and Procedures
Page 112 - Departure of Chief Commercial Officer
Page 113 - PART III
Page 114 - Audit Committee
Page 115 - Joel D. Moxley
Page 116 - Kelly J. Jameson
Page 117 - Nicholas J. Caruso
Page 118 - Jerry W. Pinkerton
Page 119 - Executive Compensation Discussion
Page 120 - Compensation Components and Analysis
Page 121 - Recoupment Policy.
Page 122 - Named Executive Officer LTIP Units.
Page 123 - Source of Common Units; Cost.
Page 124 - Mr. Swent s Severance and Change in Control Benefits
Page 125 - Mr. Allan's Severance and Change in Control Benefits.
Page 126 - N/A
Page 127 - Director Compensation for 2018
Page 128 - N/A
Page 129 - Securities Authorized for Issuance Under Equity Compensation Plan(1)
Page 130 - Southcross Energy Partners GP, LLC (our General Partner)
Page 131 - Other Transactions with Affiliates
Page 132 - Audit Committee Approval of Audit and Non-Audit Services
Page 133 - N/A
Page 134 - N/A
Page 135 - N/A
Page 136 - N/A
Page 137 - SIGNATURES
Subdocument 2 - EX-10.39 - EXHIBIT 10.39
Page 1 - Exhibit 10.39
Page 2 - Consulting Fee
Page 3 - ADEA
Page 4 - N/A
Subdocument 3 - EX-21.1 - EXHIBIT 21.1
Page 1 - EXHIBIT 21.1
Page 2 - N/A
Subdocument 4 - EX-31.1 - EXHIBIT 31.1
Page 1 - N/A
Subdocument 5 - EX-31.2 - EXHIBIT 31.2
Page 1 - N/A
Subdocument 6 - EX-32.1 - EXHIBIT 32.1
Page 1 - N/A
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