SunCoke Energy reported a steep year-on-year drop in second-quarter earnings, weighed down by weaker coke sales and logistics volumes. Still, the company reaffirmed its full-year outlook and moved closer to acquiring Phoenix Global.
SunCoke Energy has purchased Phoenix Global, a metals and mining services company, for $325 million.
SunCoke Energy posted lower earnings in the first quarter. Meanwhile, the company said it has extended the cokemaking contract for U.S. Steel’s Granite City Works in Illinois through the end of September 2025.
A strong performance from its logistics segment drove SunCoke Energy’s results higher in the third quarter.
SunCoke Energy Inc.’s earnings improved in the second quarter, with the company citing strong performances in its coke-making and logistics segments.
SunCoke's earnings soared in the first quarter, with the company citing strong performances in its cokemaking and logistics segments.
SunCoke Energy Inc. announced the retirement of its current CEO and the appointment of a new leader on Friday.
SunCoke Energy Inc.’s earnings improved in the fourth quarter, driven by higher coal-to-coke yields, the company said in its Q4, and full-year results on Feb. 1.
Although SunCoke Energy Inc.'s third-quarter earnings slumped due to market challenges, the company said it is content with its third-quarter performance.