SunCoke Energy Reports Strong Q3 2026 Results and Full Capacity for 2026
SunCoke Energy (SXC) reported strong third-quarter 2026 financial results, announcing that it expects to exceed the high end of its full-year consolidated Adjusted EBITDA guidance. A key driver is the resolution of a 2025 contract dispute with Algoma Steel, which management says will improve free cash flow, projected to reach between $180 million and $185 million for the year. The company's Domestic Coke segment is fully sold out for the entire 2026 calendar year, ensuring steady revenue through long-term contracts and finalized spot market sales. Additionally, the Industrial Services segment outperformed expectations due to increased terminal throughput following the Phoenix terminal acquisition, leading to an upward revision of its EBITDA guidance.
Tickers: $SXC
Topics: cash flow coke production contract dispute earnings legal settlement