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, Inc. reported strong first quarter 2024 results with a net income of $21.1 million, $20.0 million attributable to SXC, and a Consolidated Adjusted EBITDA of $67.9 million. The company reaffirmed its full-year 2024 guidance range of $240 million to $255 million for Adjusted EBITDA. Revenues were stable due to higher blast coke sales volumes and logistic segment performance. Domestic Coke and Logistics segments showed positive growth, while Brazil Coke and Corporate segments remained consistent. The outlook for 2024 includes production estimates, net income, Adjusted EBITDA projections, and capital expenditures.
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.
