Sisecam Resources LP Unit (SIRE)

NYSE
25.33
0.00(0.00%)
  • Volume:
    0
  • Day's Range:
    25.26 - 25.35
  • 52 wk Range:
    16.50 - 25.92
High dividend Yield

Dividend yield shows how much a company pays its shareholders in dividends annually per dollar invested. It reflects how much an investor will earn aside from any capital gains in the stock.

SIRE Overview

Prev. Close
25.3
Day's Range
25.26-25.35
Revenue
763.8M
Open
25.26
52 wk Range
16.5-25.92
EPS
3.34
Volume
0
Market Cap
511.86M
Dividend (Yield)
2.00
(7.87%)
Average Vol. (3m)
30,827
P/E Ratio
7.58
Beta
0.714
1-Year Change
34.09%
Shares Outstanding
20,207,749
Next Earnings Date
Aug 07, 2023
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Sisecam Resources LP Unit Company Profile

Sisecam Resources LP Unit Company Profile

Industry
Chemicals
Employees
269

Sisecam Resources LP, together with its subsidiaries, engages in the trona ore mining and soda ash production businesses in the United States and internationally. It processes trona ore into soda ash, which is a raw material in flat glass, container glass, detergents, chemicals, paper, and other consumer and industrial products. The company holds approximately 24,000 acres of leased and licensed subsurface mining areas in the Green River Basin of Wyoming. The company was formerly known as Ciner Resources LP and changed its name to Sisecam Resources LP in February 2022. Sisecam Resources LP was incorporated in 2013 and is headquartered in Atlanta, Georgia. Sisecam Resources LP operates as a subsidiary of Ciner Wyoming Holding Co.

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Technical Summary

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  • If 2021 full year earnings = $20m and the company maintains this $0.65 quarterly dividend policy, we have that it is going to deliver $52m and its payout ratio is going to be 260%. Unsustainable for the future. Even though its revenues are increasing quarter to quarter since 2020Q2, I expect annual earnings will not exceed $40m until 2023 although if 2022Q1 turns out to be a good quarter (>$10m), I expect CINR to continue its upward trend. In the meantime, avoid.
    0
    • No one carefully look at this stock…? Soda ash prices soar and break new record high everyday, and this stock only focus on that. It's interesting that no one is interested.
      1