Welcome to our dedicated page for Suncoke Energy news (Ticker: SXC), a resource for investors and traders seeking the latest updates and insights on Suncoke Energy stock.
Suncoke Energy Inc (NYSE: SXC), the Americas' largest independent metallurgical coke producer, provides essential materials for steelmakers through advanced heat-recovery technology. This hub delivers timely updates on corporate developments directly affecting the steel industry's supply chain.
Access all official announcements and third-party analyses in one location, including earnings reports, operational milestones, and strategic partnerships. Investors and industry professionals will find:
• Quarterly financial results
• Facility optimization updates
• Environmental compliance achievements
• Customer contract developments
Bookmark this page for streamlined tracking of SXC's operational performance and market positioning within the capital-intensive coke manufacturing sector.
SunCoke Energy (NYSE:SXC) has completed its acquisition of Phoenix Global for $325 million on August 1, 2025. The transaction, funded through cash on-hand and revolving credit facility borrowing, involves acquiring all common units of Flame Aggregator, LLC and its subsidiaries operating as Phoenix Global.
The strategic acquisition expands SunCoke's portfolio by adding electric arc furnace operations and international markets. CEO Katherine T. Gates emphasized that this acquisition aligns with the company's disciplined growth strategy, aiming for long-term earnings growth and increased shareholder value. Evercore Group L.L.C. served as the financial advisor, while Latham & Watkins LLP provided legal counsel for the transaction.
SunCoke Energy (NYSE:SXC) reported second quarter 2025 results, with net income attributable to SXC at $1.9 million ($0.02 per diluted share), down from $21.5 million ($0.25 per diluted share) in Q2 2024. Consolidated Adjusted EBITDA decreased to $43.6 million from $63.5 million year-over-year.
The company announced the $325 million acquisition of Phoenix Global, expected to close on August 1, 2025, and be immediately accretive. SunCoke also extended its revolving credit facility to July 2030. The company reaffirmed its full-year 2025 Consolidated Adjusted EBITDA guidance of $210-225 million.
Quarterly performance was impacted by timing/mix of contract and spot coke sales in Domestic Coke segment and lower volumes in Logistics segment. The company expects stronger Adjusted EBITDA in H2 2025.
SunCoke Energy (NYSE: SXC) has announced a quarterly cash dividend payment. The company's Board of Directors has declared a dividend of $0.12 per share of common stock. The dividend will be paid on September 2, 2025, to stockholders of record as of the close of business on August 15, 2025.
SunCoke Energy (NYSE:SXC) has scheduled its second quarter 2025 financial results release for Wednesday, July 30, 2025, before the NYSE market opening. The company will host a quarterly earnings conference call at 11:00 AM ET on the same day.
Investors can access the live webcast through the company's specified webcast link, with an archived version available in the Investors section of SunCoke's website. For direct participation, investors can dial 1-833-821-7847 (U.S.) or 1-412-652-1261 (international).
SunCoke Energy (NYSE: SXC) has announced a definitive agreement to acquire Phoenix Global for $325 million, representing a 5.4x multiple of Phoenix's LTM Adjusted EBITDA of $61 million. The acquisition will be funded through existing cash and credit facilities. Phoenix Global, a provider of mission-critical mill services to steel companies, will expand SunCoke's presence into electric arc furnace operations and international markets across North America, Brazil, Europe, and South Africa.
The deal is expected to close in H2 2025 and will be immediately accretive, with anticipated annual synergies of $5-10 million. Phoenix brings a well-capitalized asset portfolio, having invested $72 million since 2023, and serves nine customers across 19 steel and stainless steel mill sites. The transaction has received unanimous board approval from both companies and majority support from Phoenix's unitholders.
SunCoke Energy reported its Q1 2025 results with net income of $19.4 million, down from $21.1 million in the prior year. The company's net income attributable to SXC was $17.3 million ($0.20 per diluted share), compared to $20.0 million ($0.23 per diluted share) in Q1 2024.
Consolidated Adjusted EBITDA reached $59.8 million, showing a decrease from $67.9 million year-over-year. The company extended its Granite City cokemaking contract with U.S. Steel through September 30, 2025. Despite challenging market conditions, SunCoke reaffirmed its full-year 2025 guidance with Consolidated Adjusted EBITDA expected between $210-225 million.
Key operational highlights include:
- Revenues decreased by $52.4 million to $436.0 million
- Domestic coke production forecast at 4.0 million tons
- Capital expenditures projected at $65 million
- Operating cash flow estimated between $165-180 million
SunCoke Energy (NYSE: SXC) has announced a quarterly cash dividend payment for its shareholders. The company's Board of Directors has declared a dividend of $0.12 per share on its common stock.
The dividend will be distributed on June 2, 2025, to stockholders who are recorded in the company's books at the close of business on May 16, 2025. This announcement from the Lisle, Illinois-based company represents their commitment to providing regular returns to their shareholders.
SunCoke Energy (NYSE: SXC) has scheduled the release of its first quarter 2025 financial results for Wednesday, April 30, 2025, before the New York Stock Exchange opens for trading. The company will host a quarterly earnings conference call at 11:00 am ET on the same day.
Investors and analysts can participate in the call by dialing 1-833-821-7847 (U.S.) or 1-412-652-1261 (international). The call will be webcast live and archived for replay in the Investors section of the company website.
SunCoke Energy (NYSE: SXC) reported strong financial results for 2024, with net income of $95.9 million ($1.12 per diluted share) and consolidated Adjusted EBITDA of $272.8 million. The company achieved record safety performance with a TRIR of 0.50 and generated operating cash flow of $168.8 million.
Q4 2024 results showed net income of $23.7 million ($0.28 per diluted share) and Adjusted EBITDA of $66.1 million. The company benefited from lower planned outage costs in Domestic Coke and higher transloading volumes in Logistics. A one-time gain of $9.5 million from eliminating legacy black lung liabilities contributed to full-year performance.
Looking ahead to 2025, SunCoke expects consolidated Adjusted EBITDA between $210-225 million, lower than 2024 due to the Granite City contract extension at reduced economics and challenging market conditions in the steel industry. The company maintains a solid balance sheet and plans to continue its quarterly dividend.
SunCoke Energy (NYSE: SXC) has announced a quarterly cash dividend distribution. The company's Board of Directors has declared a dividend of $0.12 per share on its common stock. The dividend will be paid on March 3, 2025, to shareholders who are recorded as stockholders at the close of business on February 17, 2025.