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SXC

SunCoke Energy, Inc.

https://www.suncoke.com

Industry

Coal

SunCoke Energy, Inc. operates as an independent producer of coke in the Americas and Brazil. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers. In addition, it owns and operates five cokemaking facilities in the United States and one cokemaking facility in Brazil. SunCoke Energy, Inc. was founded in 1960 and is headquartered in Lisle, Illinois.

Open

12.33

Mkt cap

1.1B

Volume

559K

High

12.53

P/E Ratio

12.39

52-wk high

12.81

Low

12.29

Div yield

0.04

52-wk low

7.47

Benchmark analyst Nathan Martin reiterates a Buy rating on SunCoke Energy (NYSE:SXC) and maintains a $12 price target.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 3:24 pm

SunCoke Energy (SXC) provides its 2024 financial outlook, expecting net income between $67M-$84M, adjusted EBITDA of $240M-$255M, and domestic coke production of approximately 4.1 million tons. Capital expenditures are projected at $95M, with operating cash flow estimated between $75M-$80M.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:41 am

SunCoke Energy (NYSE:SXC) reported Q1 2024 earnings of $0.23 per share, surpassing the $0.21 estimate, and sales of $488.4M, exceeding the $457.85M estimate. This represents a 21.05% increase in earnings and a 0.12% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:38 am

The closure of the Port of Baltimore, a major U.S. coal export hub, due to the collapse of the Francis Scott Key Bridge, is expected to slow U.S. coal export growth and reduce bunker fuel use, according to the Energy Information Administration (EIA). Baltimore, handling 28 million short tons of coal last year, plays a critical role in U.S. coal exports, especially to markets like India, Japan, China, and South Korea. The port's closure could impact coal and bunker fuel markets, with potential shifts in export activities to other ports like Hampton Roads.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 3:00 pm

Analyst Gregory Lewis downgraded Piedmont Lithium (PLL) to Neutral post Q4 and FY 2023 results, showing revenue growth and operational improvements. ATI Inc. (ATI) appoints Kimberly A. Fields as new CEO, aiming for significant revenue and EBITDA growth by 2027. SunCoke Energy (SXC) announces CEO Michael G. Rippey's retirement, with Katherine T. Gates succeeding him. Olympic Steel (ZEUS) reports a profitable year despite industry challenges, increasing its quarterly dividend.

Portfolio Pulse from Austin DeNoce

February 23, 2024 | 8:12 pm

SunCoke Energy announced that CEO Michael Rippey intends to retire on May 15, 2024. Katherine Gates has been named as his successor. This leadership transition is significant for the company's future direction and strategy.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 10:15 pm

ATI Inc. and SunCoke Energy reported their 2023 financial results, showing growth in sales and net income. ATI's sales were driven by the aerospace and defense sectors, while SunCoke's performance was bolstered by its Domestic Coke segment. Alcoa Corporation announced a partnership with Nexans to supply low-carbon aluminum rod using its ELYSIS technology, aiming to reduce greenhouse gas emissions in aluminum smelting.

Portfolio Pulse from Austin DeNoce

February 01, 2024 | 8:20 pm

SunCoke Energy (NYSE:SXC) reported Q4 earnings of $0.16 per share, surpassing the $0.13 estimate, and sales of $520.60M, exceeding the $403.05M estimate. This represents a 14.29% increase in earnings and a 1.28% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 12:36 pm

Numerous companies are scheduled to report their quarterly earnings on February 1, 2024, covering a wide range of industries from technology to healthcare. Notable mentions include Apple, Amazon, Meta Platforms, and Shell, with expectations set for both earnings per share and revenue. This diverse earnings report day will provide investors with significant insights into various sectors' performance.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 10:03 am

SunCoke Energy (NYSE:SXC) is expected to release its quarterly earnings report on Thursday, 2024-02-01, with an estimated EPS of $0.13. Investors are looking for an earnings beat and positive guidance for the next quarter. In the past, SXC's stock price has shown varied reactions to earnings reports, with a 1.68% increase after a miss last quarter. Over the last year, SXC shares have risen by 14.18%, indicating a bullish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 7:02 pm

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