Recent Updates — SXC
SunCoke Energy reported third-quarter 2026 net income attributable to shareholders of $21.8 million, or $0.25 per diluted share, compared to $22.2 million in the prior year period. Consolidated Adjusted EBITDA rose 30% to $76.9 million from $59.1 million, driven by an additional month of Phoenix Global results and higher terminals handling volumes. The company also announced a quarterly cash dividend of $0.12 per share, payable December 1, 2026 to record holders on November 17, 2026. SunCoke Energy supplies high-quality coke for steel production and provides industrial services including material handling and slag processing.
SunCoke Energy announced that P. Michael Hardesty is retiring as Senior Vice President of Commercial Operations, Business Development, International Coke, and Terminals after 15 years with the company. Ryan D. Osterholm has been promoted to fill this role, effective immediately. Mr. Osterholm will receive an annual base salary of $440,000 and a target non-equity incentive award equal to 60% of his base salary. He previously served as Vice President of Commercial Operations and Business Development since August 2025. SunCoke Energy operates in the metallurgical coke industry, producing coke for steel manufacturing and providing related industrial services.
SunCoke Energy appointed Wendell L. Carter to its Board of Directors and its Compensation and Governance Committees effective September 15, 2026. Carter succeeds in a role that leverages his extensive background as a metallurgical engineer and former Executive Vice President of Technology at Cleveland-Cliffs Inc., where he managed significant engineering budgets and large-scale steelmaking operations. The appointment adds deep industry expertise to the board without altering executive management or triggering changes in compensation structures beyond standard director fees. SunCoke Energy operates in the industrial sector, supplying high-quality coke for steel production and providing related logistics and material handling services.
SunCoke Energy reported second quarter 2026 net income of $15.6 million, or $0.15 per diluted share, compared to $3.5 million in the prior year period. Consolidated Adjusted EBITDA rose to $69.6 million from $43.6 million, driven by the inclusion of Phoenix Global results and higher terminals handling volumes. The company increased its full-year 2026 Consolidated Adjusted EBITDA guidance range to $250 million - $265 million. Additionally, the Board declared a quarterly cash dividend of $0.12 per share, payable on September 2, 2026 to shareholders of record as of August 17, 2026. SunCoke Energy operates in the energy and industrial services sector, supplying high-quality coke for steel production and providing bulk material handling logistics.