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Suncoke Energy Inc - SXC STOCK NEWS

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.

Company Overview

Suncoke Energy Inc (SXC) is recognized as the largest independent producer of high-quality metallurgical coke in the Americas. With over 45 years of experience in coke production, the company has established a robust operational framework, delivering coke that meets the demanding requirements of integrated steelmakers utilizing blast furnace technology. Its reputation is built on continuous innovation and the deployment of advanced heat-recovery cokemaking technology, which ensures that its products conform to or exceed applicable environmental standards while maintaining industry-leading quality.

Technological Prowess & Innovation

Suncoke Energy Inc is renowned for its industry-leading heat recovery cokemaking technology. This prowess allows the company to not only produce coke with superior characteristics but also to optimize energy use and reduce waste. The application of advanced technology throughout its production processes exemplifies its commitment to operational excellence and technological innovation, ensuring that each batch of metallurgical coke is produced with precision and meets the highest industrial standards.

Operational Excellence

At the heart of Suncoke's operations are its state-of-the-art cokemaking facilities, which produce millions of tons of metallurgical coke annually. These operations are designed to consistently deliver high-quality outputs essential for integrated steel production using blast furnace technology. The company's operational model is underpinned by significant capital investments, modern infrastructure, and a skilled workforce, all of which coalesce to maintain a competitive advantage and meet market demand reliably.

Market Position & Competitive Landscape

In the competitive field of industrial manufacturing, Suncoke Energy Inc stands apart due to its extensive operational experience and specialized production techniques. The company is strategically positioned within a market that demands high-quality metallurgical coke essential for steel production. By leveraging innovative heat-recovery processes, Suncoke not only improves energy efficiency but also enhances product quality, positioning itself as a dependable supplier for integrated steelmakers. Its focus on high standards and technological innovation gives it a distinct competitive edge over other coke producers.

Business Model & Value Proposition

Suncoke Energy Inc's business model centers on the production and supply of high-quality metallurgical coke tailored specifically for the steelmaking industry. Key elements of its business model include:

  • Technological Innovation: Continuous advancements in heat recovery and cokemaking technology that ensure environmental compliance and superior product quality.
  • Operational Scale: Extensive, capital-intensive production facilities capable of producing several million tons of coke annually.
  • Industry Experience: Over four decades of specialized expertise in metallurgical coke production that underpins reliability and consistency.
  • Strategic Partnerships: Collaborations with integrated steelmakers that utilize blast furnace technology, enabling tailored customer solutions and a stable supply chain.

This combination of technological excellence, operational scale, and deep industry knowledge forms the cornerstone of Suncoke's ability to deliver value. Its product is critical to the steelmaking process, ensuring that blast furnaces receive coke that maximizes heating efficiency and operational consistency.

Environmental and Quality Standards

Suncoke Energy Inc is committed to meeting and often exceeding stringent environmental and quality standards through its advanced production methodologies. The company's heat recovery cokemaking technology not only contributes to improved energy efficiency but also helps minimize environmental impact. This focus on sustainability, combined with rigorous quality control, ensures that each batch of coke meets the high performance and environmental benchmarks required in today's industrial landscape.

Industry Impact and Strategic Importance

The role of Suncoke Energy Inc extends beyond simple production. By continuously refining its production processes and investing in innovative technologies, the company helps shape the industrial landscape, particularly in the steel production sector. Its ability to produce coke that is both efficient and environmentally compliant allows it to act as a critical link in the supply chain for integrated steelmakers. The company's expertise contributes directly to the operational efficiency and profitability of its customers, making it a significant player in the market.

Commitment to Excellence

Every aspect of Suncoke Energy Inc's operations reflects a commitment to excellence. From the design of its modern facilities to its strategic focus on sustainable production processes, the company remains dedicated to producing the best metallurgical coke available. This dedication is evidenced by its consistent delivery of high-quality products and its ongoing investments in technology and infrastructure. The company's advanced heat recovery systems and operational methodologies ensure that it continues to offer reliable, efficient, and environmentally responsible solutions.

Conclusion

Overall, Suncoke Energy Inc represents a model of operational expertise, technological innovation, and strategic market positioning. Its focus on producing high-quality metallurgical coke through advanced heat recovery technologies makes it an integral part of the steel production supply chain. By maintaining rigorous standards and continuously investing in its production capabilities, Suncoke Energy Inc sustains a reputation for quality and reliability that is critical to its role in the industry.

Rhea-AI Summary

SunCoke Energy, Inc. (SXC) declared a cash dividend of $0.10 per share of common stock to be paid on June 3, 2024, for stockholders on record as of May 15, 2024.

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SunCoke Energy, Inc. (NYSE: SXC) is set to announce its first quarter 2024 financial results on May 1, 2024, before the NYSE opens. The earnings call will take place at 11:30 am ET on the same day, with a webcast available on their website. Investors and analysts can join the call by dialing the provided numbers.
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SunCoke Energy, Inc. (SXC) releases its 2023 Sustainability Report, highlighting its commitment to innovation, safety, and environmental efficiency in coke production for steelmaking. The report emphasizes SunCoke's role in sustainable energy infrastructure and community contributions.
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SunCoke Energy, Inc. (SXC) announces CEO Michael G. Rippey's retirement on May 15, 2024, with Katherine T. Gates appointed as the new CEO. Mr. Rippey will serve as an advisor post-retirement. The Board lauds Mr. Rippey's contributions and appoints Ms. Gates due to her decade-long executive experience at SunCoke. Both express confidence in the company's future.
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SunCoke Energy, Inc. (SXC) reported net income of $57.5 million for full-year 2023 and $13.8 million in the fourth quarter, with expected 2024 consolidated Adjusted EBITDA between $240-255 million. Revenues increased in 2023, driven by higher coal costs, but Adjusted EBITDA decreased due to lower contribution margins and volume declines. The Domestic Coke segment saw increased revenues but decreased Adjusted EBITDA, while the Logistics segment experienced lower revenues and Adjusted EBITDA due to volume decreases. Brazil Coke segment revenues and Adjusted EBITDA decreased due to the expiration of technology fees. Corporate and Other Adjusted EBITDA was unfavorable due to valuation adjustments and higher legacy costs. SunCoke's 2024 outlook includes expected total production of 4.1 million tons of Domestic coke, consolidated net income of $67-84 million, and capital expenditures of $75-80 million.
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SunCoke Energy, Inc. (SXC) declared a cash dividend of $0.10 per share of common stock, to be paid on March 1, 2024, to stockholders of record at the close of business on February 15, 2024.
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SunCoke Energy, Inc. (NYSE: SXC) is set to release its Q4 2023 financial results and 2024 guidance on February 1, 2024. The quarterly earnings call will take place at 11:00 am ET on the same day, and will be webcast live and archived for replay on the company's website. Investors and analysts can participate in the call by dialing the provided numbers.
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SunCoke Energy, Inc. (NYSE: SXC) reported third quarter 2023 results with net income of $7.0 million and Consolidated Adjusted EBITDA of $65.4 million. Revenues increased by $3.6 million compared to the same period last year. The domestic coke segment saw an increase in revenues driven by higher coal prices, while the logistics segment experienced lower volumes and pricing due to weaker demand.
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SunCoke Energy, Inc. (NYSE: SXC) has declared a cash dividend of $0.10 per share of the Company's common stock. The dividend will be paid on December 1, 2023, to stockholders of record as of November 15, 2023.
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SunCoke Energy to release Q3 2023 financial results on November 1st
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FAQ

What is the current stock price of Suncoke Energy (SXC)?

The current stock price of Suncoke Energy (SXC) is $9.28 as of April 1, 2025.

What is the market cap of Suncoke Energy (SXC)?

The market cap of Suncoke Energy (SXC) is approximately 781.9M.

What is the primary business of Suncoke Energy Inc?

Suncoke Energy Inc specializes in the production of high-quality metallurgical coke using advanced heat recovery technology. It serves integrated steelmakers that rely on blast furnace processes.

How long has Suncoke Energy Inc been in operation?

The company has over 45 years of experience in metallurgical coke production, underpinning its operational expertise and industry reputation.

What technology sets Suncoke Energy Inc apart in the industry?

Suncoke Energy Inc employs innovative heat recovery cokemaking technology, which enhances energy efficiency and ensures superior coke quality while meeting environmental standards.

Who are the primary customers of Suncoke Energy Inc?

Its main customers are integrated steelmakers that utilize blast furnace technology, relying on Suncoke's high-quality coke to optimize their operations.

How does Suncoke Energy Inc maintain its competitive edge?

The company maintains its competitive position through continuous innovation, advanced technological investments, strategic partnerships, and a focus on superior operational processes.

What are the key benefits of the advanced cokemaking process used by Suncoke?

The process enhances energy efficiency, minimizes environmental impact, and produces coke that meets high performance standards, which is essential for modern steel production.

How is Suncoke Energy Inc positioned within the metallurgical coke industry?

It is recognized as the largest independent producer of high-quality metallurgical coke in the Americas, leveraging decades of experience and advanced production technology.

What aspects of Suncoke Energy Inc's business model are critical to its success?

Key aspects include its commitment to technological innovation, a robust operational framework, extensive industry experience, and strategic collaborations with integrated steelmakers.
Suncoke Energy Inc

NYSE:SXC

SXC Rankings

SXC Stock Data

781.94M
83.41M
1.12%
95.8%
4.69%
Coking Coal
Steel Works, Blast Furnaces & Rolling Mills (coke Ovens)
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United States
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