SunCoke Energy (NYSE:SXC – Get Free Report) posted its earnings results on Thursday. The energy company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.07, Zacks reports. The company had revenue of $475.30 million during the quarter, compared to analysts’ expectations of $445.20 million. SunCoke Energy had a negative net margin of 3.55% and a positive return on equity of 4.47%. SunCoke Energy’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period last year, the company posted $0.02 earnings per share.
Here are the key takeaways from SunCoke Energy’s conference call:
- Positive Sentiment: SunCoke reported second-quarter adjusted EBITDA of $69.6 million, up from $43.6 million year over year, and raised full-year 2026 consolidated adjusted EBITDA guidance to $250 million–$265 million.
- Positive Sentiment: Domestic coke performance benefited from improved coal-to-coke yields, while the Middletown turbine returned to service in May. Management raised full-year domestic coke adjusted EBITDA guidance to $172 million–$178 million, supported by a full second-half contribution from power generation and expected insurance proceeds.
- Neutral Sentiment: Industrial services adjusted EBITDA rose to $34.4 million from $7.7 million, helped by Phoenix and higher terminal volumes. However, management characterized the second quarter as “extraordinary,” citing one-time slag sales and unusually strong terminal activity, and expects volumes to normalize in the second half; full-year segment guidance was raised to $110 million–$115 million.
- Positive Sentiment: The company said it is sold out for 2026 and expects strong operating performance across both segments. SunCoke ended the quarter with $207 million of liquidity, plans to use free cash flow for debt reduction, and declared its 28th consecutive quarterly dividend of $0.12 per share.
SunCoke Energy Stock Down 11.7%
Shares of NYSE SXC traded down $1.09 during midday trading on Thursday, reaching $8.27. 2,941,292 shares of the company’s stock traded hands, compared to its average volume of 1,618,937. The company has a market cap of $701.29 million, a price-to-earnings ratio of -10.76 and a beta of 0.99. The stock’s 50 day simple moving average is $8.67 and its 200-day simple moving average is $7.58. The company has a quick ratio of 1.31, a current ratio of 2.23 and a debt-to-equity ratio of 1.09. SunCoke Energy has a one year low of $5.51 and a one year high of $9.73.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on SXC
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in SXC. EverSource Wealth Advisors LLC lifted its stake in shares of SunCoke Energy by 544.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,992 shares of the energy company’s stock worth $26,000 after purchasing an additional 2,528 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in SunCoke Energy by 176.2% in the second quarter. Tower Research Capital LLC TRC now owns 5,615 shares of the energy company’s stock worth $48,000 after purchasing an additional 3,582 shares in the last quarter. RPO LLC purchased a new stake in shares of SunCoke Energy during the fourth quarter valued at about $73,000. Mercer Global Advisors Inc. ADV bought a new stake in shares of SunCoke Energy in the 4th quarter valued at about $75,000. Finally, Entropy Technologies LP purchased a new position in shares of SunCoke Energy in the 4th quarter worth approximately $90,000. 90.45% of the stock is currently owned by hedge funds and other institutional investors.
SunCoke Energy Company Profile
SunCoke Energy, Inc is a leading independent producer of metallurgical coke and related products for the steel and foundry industries. The company specializes in manufacturing both blast furnace coke and foundry coke, offering high‐quality, low‐sulfur coal products that serve as essential inputs in steelmaking and metal casting processes. In addition to coke production, SunCoke provides comprehensive engineering, maintenance and environmental solutions tailored to the needs of integrated steel mills and foundries.
The company operates a network of coke production facilities across the United States, including plants in Indiana, Ohio, West Virginia and Louisiana.
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