SunCoke Energy Inc
NYSE:SXC
SunCoke Energy Inc
SunCoke Energy, Inc. is engaged in the production of coke through heating metallurgical coal in a refractory oven. The company is headquartered in Lisle, Illinois and currently employs 279 full-time employees. The company went IPO on 2011-07-21. The firm operates through three segments: Domestic 3Coke, Brazil Coke and Logistics. The domestic Coke segment consists of the Jewell facility, located in Vansant, Virginia; Indiana Harbor facility, located in East Chicago, Indiana; Haverhill facility, located in Franklin Furnace, Ohio; Granite City facility located in Granite City, Illinois, and Middletown facility located in Middletown, Ohio. Brazil Coke segment consists of operations in Vitoria, Brazil, where it operates the ArcelorMittal Brazil coke-making facility. The logistics segment consists of Convent Marine Termina (CMT), located in Convent, Louisiana; Kanawha River Terminal (KRT), located in Ceredo and Belle; SunCoke Lake Terminal (Lake Terminal), and Dismal River Terminal (DRT), located in Vansant, Virginia. The company owns and operates a logistics business that provides services to steel, coke (including cokemaking facilities), electric utility, and coal production.
SunCoke Energy, Inc. is engaged in the production of coke through heating metallurgical coal in a refractory oven. The company is headquartered in Lisle, Illinois and currently employs 279 full-time employees. The company went IPO on 2011-07-21. The firm operates through three segments: Domestic 3Coke, Brazil Coke and Logistics. The domestic Coke segment consists of the Jewell facility, located in Vansant, Virginia; Indiana Harbor facility, located in East Chicago, Indiana; Haverhill facility, located in Franklin Furnace, Ohio; Granite City facility located in Granite City, Illinois, and Middletown facility located in Middletown, Ohio. Brazil Coke segment consists of operations in Vitoria, Brazil, where it operates the ArcelorMittal Brazil coke-making facility. The logistics segment consists of Convent Marine Termina (CMT), located in Convent, Louisiana; Kanawha River Terminal (KRT), located in Ceredo and Belle; SunCoke Lake Terminal (Lake Terminal), and Dismal River Terminal (DRT), located in Vansant, Virginia. The company owns and operates a logistics business that provides services to steel, coke (including cokemaking facilities), electric utility, and coal production.
EBITDA Guidance: SunCoke projects 2026 consolidated adjusted EBITDA between $230 million and $250 million, up from $219.2 million in 2025 despite recent headwinds.
Phoenix Acquisition: The integration of Phoenix Global is progressing well, expected to significantly boost Industrial Services EBITDA in 2026, and annual Phoenix EBITDA contribution is estimated at about $60 million.
Algoma Dispute: Ongoing litigation with Algoma over a breach of contract continues, with SunCoke seeking to recover multi-year losses; 2025 cash impact was mitigated to $30 million.
Operational Challenges: 2025 results were impacted by the Algoma breach, the closure of Haverhill I, and severe winter weather, but these are reflected in the 2026 outlook.
Dividend Commitment: SunCoke returned $41 million to shareholders in 2025 via dividends and plans to maintain quarterly dividends in 2026.
Deleveraging Focus: Excess 2026 free cash flow will prioritize paying down debt, targeting year-end gross leverage around 2.45x, below the 3x goal.
Industrial Strength: Terminals and Industrial Services segments are expected to benefit from improved market conditions and full-year contribution of new contracts.
