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Southcross posts $253,000 September loss from operations, no revenue
By Caroline Salls
Pittsburgh, Nov. 1 – Southcross Energy Partners, LP reported a $253,000 loss from operations for September on zero total revenue, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, the company posted a $747,000 loss from operations for August, also on zero total revenue.
The net loss for September was $6.01 million, narrowing from an $8.41 million August net loss.
In addition, Southcross listed no cash for September or August.
Southcross, a Dallas-based midstream services company, filed bankruptcy on April 1, 2019. The Chapter 11 case number is 19-10702.
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