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) supplies metallurgical coke and industrial services that are closely linked to the steel industry, and its news flow reflects this focus. Company announcements regularly cover cokemaking contracts, logistics and industrial services activity, and financial performance across its Domestic Coke, Brazil Coke and logistics or industrial services operations.
Investors following SXC news can expect updates on long-term, take-or-pay coke supply agreements with major steel producers, including contract extensions at facilities such as Granite City and Haverhill. SunCoke also reports on its logistics terminals, which handle and mix coal and other aggregates for coke, coal, steel, power and other bulk customers, and on its slag and materials handling services at steel mills.
Recent news has highlighted quarterly earnings results, revisions to annual outlooks, and the declaration of cash dividends. SunCoke uses press releases to provide details on revenues, net income and Adjusted EBITDA, as well as commentary on the impact of contract mix, market conditions and segment performance in Domestic Coke, Brazil Coke and logistics or industrial services.
Another key theme in SXC news is corporate development activity. The company has announced a definitive agreement to acquire, and later the completion of the acquisition of, Phoenix Global, a provider of mission-critical mill services to major steel producing companies. Related communications discuss how this acquisition adds electric arc furnace operations, international markets and additional slag and materials handling capabilities to SunCoke’s portfolio.
For investors and analysts tracking SXC, this news page aggregates earnings releases, contract announcements, acquisition updates and dividend declarations, offering a consolidated view of how SunCoke’s cokemaking, logistics and industrial services businesses evolve over time.
SunCoke Energy (NYSE: SXC) has announced a quarterly cash dividend of $0.12 per share of common stock. The dividend will be paid on December 2, 2024 to stockholders of record as of the close of business on November 14, 2024.
SunCoke Energy, Inc. (NYSE: SXC) has announced the date for its third quarter 2024 earnings release. The company plans to disclose its financial results on Thursday, October 31, 2024, before the New York Stock Exchange opens for trading. Following the release, SXC will host a quarterly earnings call at 11:00 am ET on the same day.
Investors and analysts can participate in the conference call by dialing 1-866-652-5200 in the U.S. or 1-412-902-6510 from outside the U.S. and requesting to join the SunCoke Energy, Inc call. The earnings call will also be webcast live and archived for replay on the company's website.
SunCoke Energy, Inc. (NYSE: SXC) reported strong second quarter 2024 results, with net income of $23.3 million and Consolidated Adjusted EBITDA of $63.5 million. The company's cokemaking and logistics segments performed well, with domestic coke plants running at full capacity and logistics handling 6 million tons. SunCoke increased its quarterly dividend by 20% to 12 cents per share. The company is well-positioned to achieve the high end of its full-year 2024 Consolidated Adjusted EBITDA guidance range of $240 million to $255 million. Revenues decreased due to lower blast coke sales volumes and pass-through of lower coal prices, but net income attributable to SXC increased slightly. The company's 2024 outlook includes domestic coke production of approximately 4.1 million tons and consolidated net income between $67 million and $84 million.
SunCoke Energy, Inc. (NYSE: SXC) has announced a 20% increase in its quarterly cash dividend. The Board of Directors approved a new dividend of $0.12 per share of common stock, up from the previous $0.10 per share. This increased dividend will be payable on September 3, 2024 to stockholders of record as of the close of business on August 15, 2024. The dividend hike demonstrates SunCoke Energy's commitment to delivering value to its shareholders and may indicate confidence in the company's financial performance and future prospects.
SunCoke Energy, Inc. (NYSE: SXC) has announced its plans to release second quarter 2024 financial results on Wednesday, July 31, 2024, before the opening of trading on the New York Stock Exchange. The company will host its quarterly earnings call at 11:00 am ET on the same day. Investors and analysts can participate in the call by dialing 1-833-470-1428 in the U.S. or 1-404-975-4839 if outside the U.S., using the access code 167591. The conference call will be webcast live and archived for replay in the Investors section of www.suncoke.com.
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.
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