SunCoke Energy Partners, L.P. Announces Second Quarter 2016 Results

SunCoke Energy Partners, L.P. (NYSE: SXCP) today reported results for
the second quarter 2016. The quarter's operating results are driven by
stable Coke performance and the contribution of the Convent Marine
Terminal ("CMT") acquisition, offset by lower Coal Logistics volumes
across the segment.

"Underpinned by our strong take-or-pay contracts, our cokemaking assets
posted another solid quarter of results and continue to perform in line
with expectations," said Fritz Henderson, Chairman, President and Chief
Executive Officer of SunCoke Energy Partners, L.P. "While we continue to
see below-target volumes at our Coal Logistics segment, we remain
committed to optimizing asset performance across the business."

SXCP repurchased more than $17 million of face value bonds in the
quarter and remains on track to allocate approximately $60 million of
cash towards de-levering its balance sheet in 2016. The Partnership also
reaffirmed its full-year outlook for 2016 Adjusted EBITDA attributable
to SXCP of $207 million to $217 million.

Henderson added, "With the first half of the year behind us, we are in
position to deliver on our commitments to unitholders and remain
flexible and responsive to the evolving industry landscape."

SECOND QUARTER RESULTS⁽¹⁾

Revenues were $181.4 million in second quarter 2016, a decline of $26.2
million from the same prior year period. The decline was primarily due
to the pass-through of lower coal costs and lower coke sales volumes.

Net income attributable to SXCP was $12.1 million, a decrease of $4.9
million from the same prior year period, due to higher depreciation and
amortization of CMT assets as well as the operating items described
below, partly offset by $3.5 million of gains on extinguishment of debt
recognized during the second quarter 2016.

Adjusted EBITDA decreased $3.0 million due to lower Coal Logistics
volumes, higher corporate costs and the complete write-off of a $1.4
million receivable related to 2015 spot coke sales to Essar Algoma.
These decreases were party offset by contributions from CMT, which
increased Adjusted EBITDA by $4.2 million.

SECOND QUARTER SEGMENT INFORMATION

Domestic Coke

Domestic Coke segment consists of our 98 percent interest in the
Haverhill, Middletown and Granite City cokemaking facilities, located in
Franklin Furnace and Middletown, Ohio, and Granite City, Illinois,
respectively.

• Revenues were affected by the pass-through of lower coal prices and a
  decrease in sales volume of 54 thousand tons due largely to the
  customer volume accommodations at Haverhill.
• Adjusted EBITDA decreased $1.1 million to $41.1 million in second
  quarter 2016, primarily due to the $1.4 million receivable write-off
  described above. While coke sales volumes were lower during the
  quarter, the impact to Adjusted EBITDA was mitigated by make-whole
  payments from AK Steel.

Coal Logistics

Coal Logistics consists of the coal handling and mixing services
operated by SXCP at CMT located on the Mississippi river in Louisiana,
Lake Terminal in East Chicago, Indiana, and Kanawha River Terminals, LLC
("KRT"), which has terminals along the Ohio and Kanawha rivers in West
Virginia. The current and prior year periods are not comparable due to
the contribution of CMT, which was acquired on August 12, 2015.

• Revenues were up $2.0 million, driven by a $7.0 million contribution
  from CMT, partly offset by lower volumes at KRT and Lake Terminal.
• Adjusted EBITDA was up $0.3 million, driven by a $4.2 million
  contribution from CMT, partly offset by lower volumes at KRT and Lake
  Terminal. Below-target throughput in the quarter was driven by
  demand-side challenges in both the thermal and metallurgical coal
  markets.

Corporate and Other

Corporate and other costs increased $2.2 million primarily due to higher
spending on professional services and higher cost allocations from
SunCoke.

RELATED COMMUNICATIONS

We will host an investor conference call at 10:00 a.m. Eastern Time
(9:00 a.m. Central Time) today. This conference call will be webcast
live and archived for replay in the Investors section of www.suncoke.com.
Investors may participate in this call by dialing 1-866-393-4306 in the
U.S. or 1-617-826-1698 if outside the U.S., confirmation code 43172089.

UPCOMING EVENTS

Additionally, we plan to participate in the following events:

• Citi MLP/Midstream Infrastructure Conference, August 17, 2016, Las
  Vegas, Nevada

SUNCOKE ENERGY PARTNERS, L.P.

SunCoke Energy Partners, L.P. (NYSE: SXCP) is a publicly traded master
limited partnership that manufactures high-quality coke used in the
blast furnace production of steel and provides export and domestic coal
handling services to the coke, coal, steel and power industries. In our
cokemaking business, we utilize an innovative heat-recovery technology
that captures excess heat for steam or electrical power generation and
have long-term, take-or-pay coke contracts that pass through commodity
and certain operating costs. Our coal handling terminals have the
collective capacity to blend and transload more than 40 million tons of
coal each year and are strategically located to reach Gulf Coast, East
Coast, Great Lakes and international ports. SXCP’s General Partner is a
wholly owned subsidiary of SunCoke Energy, Inc. (NYSE: SXC), which has
more than 50 years of cokemaking experience serving the integrated steel
industry. To learn more about SunCoke Energy Partners, L.P., visit our
website at www.suncoke.com.

DEFINITIONS

• Adjusted EBITDA represents
  earnings before interest, (gain) loss on extinguishment of debt,
  taxes, depreciation and amortization, adjusted for Coal Logistics
  changes to our contingent consideration liability related to our
  acquisition of the CMT. Adjusted EBITDA does not represent and should
  not be considered an alternative to net income or operating income
  under GAAP and may not be comparable to other similarly titled
  measures in other businesses. Management believes Adjusted EBITDA is
  an important measure of the operating performance and liquidity of the
  Partnership's net assets and its ability to incur and service debt,
  fund capital expenditures and make distributions. Adjusted EBITDA
  provides useful information to investors because it highlights trends
  in our business that may not otherwise be apparent when relying solely
  on GAAP measures and because it eliminates items that have less
  bearing on our operating performance and liquidity. EBITDA and
  Adjusted EBITDA are not measures calculated in accordance with GAAP,
  and they should not be considered an alternative to net income,
  operating cash flow or any other measure of financial performance
  presented in accordance with GAAP.
• Adjusted EBITDA attributable to SXCP
  equals Adjusted EBITDA less Adjusted EBITDA attributable to
  noncontrolling interests.
• Distributable Cash Flow equals
  Adjusted EBITDA plus sponsor support and Coal Logistics deferred
  revenue; less net cash paid for interest expense, ongoing capital
  expenditures, accruals for replacement capital expenditures and cash
  distributions to noncontrolling interests; plus amounts received under
  the Omnibus Agreement and acquisition expenses deemed to be Expansion
  Capital under our Partnership Agreement. Distributable Cash Flow is a
  non-GAAP supplemental financial measure that management and external
  users of SXCP's financial statements, such as industry analysts,
  investors, lenders and rating agencies use to assess:
  • SXCP's operating performance as compared to other publicly traded
    partnerships, without regard to historical cost basis;
  • the ability of SXCP's assets to generate sufficient cash flow to
    make distributions to SXCP's unitholders;
  • SXCP's ability to incur and service debt and fund capital
    expenditures; and
  • the viability of acquisitions and other capital expenditure
    projects and the returns on investment of various investment
    opportunities.

We believe that Distributable Cash Flow provides useful information to
investors in assessing SXCP's financial condition and results of
operations. Distributable Cash Flow should not be considered an
alternative to net income, operating income, cash flows from operating
activities, or any other measure of financial performance or liquidity
presented in accordance with GAAP. Distributable Cash Flow has important
limitations as an analytical tool because it excludes some, but not all,
items that affect net income and net cash provided by operating
activities and used in investing activities. Additionally, because
Distributable Cash Flow may be defined differently by other companies in
the industry, our definition of Distributable Cash Flow may not be
comparable to similarly titled measures of other companies, thereby
diminishing its utility.

• Ongoing capital expenditures (“capex”) are
  capital expenditures made to maintain the existing operating capacity
  of our assets and/or to extend their useful lives. Ongoing capex also
  includes new equipment that improves the efficiency, reliability or
  effectiveness of existing assets. Ongoing capex does not include
  normal repairs and maintenance, which are expensed as incurred, or
  significant capital expenditures. For purposes of calculating
  distributable cash flow, the portion of ongoing capex attributable to
  SXCP is used and includes capital expenditures included in working
  capital at the end of the period.
• Replacement capital expenditures (“capex”)
  represents an annual accrual necessary to fund SXCP’s share of
  the estimated costs to replace or rebuild our facilities at the end of
  their working lives. This accrual is estimated based on the average
  quarterly anticipated replacement capital that we expect to incur over
  the long term to replace our major capital assets at the end of their
  working lives. The replacement capex accrual estimate will be subject
  to review and prospective change by SXCP’s general partner at least
  annually and whenever an event occurs that causes a material
  adjustment of replacement capex, provided such change is approved by
  our conflicts committee.

FORWARD-LOOKING STATEMENTS

Some of the statements included in this press release constitute
“forward-looking statements.” Forward-looking statements include all
statements that are not historical facts and may be identified by the
use of such words as “believe,” “expect,” “plan,” “project,” “intend,”
“anticipate,” “estimate,” “predict,” “potential,” “continue,” “may,”
“will,” “should” or the negative of these terms or similar expressions.
Forward-looking statements are inherently uncertain and involve
significant known and unknown risks and uncertainties (many of which are
beyond the control of SXCP) that could cause actual results to differ
materially.

Such risks and uncertainties include, but are not limited to, domestic
and international economic, political, business, operational,
competitive, regulatory, and/or market factors affecting SXCP, as well
as uncertainties related to: pending or future litigation, legislation
or regulatory actions; liability for remedial actions or assessments
under existing or future environmental regulations; gains and losses
related to acquisition, disposition or impairment of assets;
recapitalizations; access to, and costs of, capital; the effects of
changes in accounting rules applicable to SXCP; and changes in tax,
environmental and other laws and regulations applicable to SXCP’s
businesses.

Forward-looking statements are not guarantees of future performance, but
are based upon the current knowledge, beliefs and expectations of SXCP
management, and upon assumptions by SXCP concerning future conditions,
any or all of which ultimately may prove to be inaccurate. The reader
should not place undue reliance on these forward-looking statements,
which speak only as of the date of this press release. SXCP does not
intend, and expressly disclaims any obligation, to update or alter its
forward-looking statements (or associated cautionary language), whether
as a result of new information, future events or otherwise after the
date of this press release except as required by applicable law.

SXCP has included in its filings with the Securities and Exchange
Commission cautionary language identifying important factors (but not
necessarily all the important factors) that could cause actual results
to differ materially from those expressed in any forward-looking
statement made by SXCP. For information concerning these factors, see
SXCP’s Securities and Exchange Commission filings such as its annual and
quarterly reports and current reports on Form 8-K, copies of which are
available free of charge on SXCP’s website at www.suncoke.com.
All forward-looking statements included in this press release are
expressly qualified in their entirety by such cautionary statements.
Unpredictable or unknown factors not discussed in this release also
could have material adverse effects on forward-looking statements.

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