SunCoke Energy Reports Strong Q2 2026 Results and Raises Full-Year Guidance
SunCoke Energy (SXC) reported strong second-quarter results for 2026, with consolidated adjusted EBITDA reaching $69.6 million—up from $43.6 million in the same period of the previous year. The industrial services segment delivered its highest-ever adjusted EBITDA since acquiring Phoenix, driven by higher terminal handling volumes. Additionally, favorable coal-to-coke yields and the return to service of the Middletown turbine contributed positively to performance. The company announced a quarterly dividend of 12 cents per share, marking their 28th consecutive quarter with a payout. CEO Catherine Gates highlighted that SunCoke is operating at full capacity for the year and expects continued strong results in both business segments through the second half of 2026. As such, they raised their annual adjusted EBITDA guidance to between $250 million and $265 million. The earnings call included remarks from CFO Shantanu Agrawal, who detailed a net income increase driven by Phoenix's performance and higher terminal activity.
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