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Stock Market & Financial Investment News

News Breaks
January 7, 2014
08:04 EDTSXCSunCoke Energy sees Q4 domestic coke production down 26,000 tons y/y
SunCoke Energy reported 4Q3 domestic coke production is expected to be 1,056 thousand tons, down an estimated 26 thousand tons versus the same prior year period. FY coke 2013 production is expected to be 4,269 thousand tons, down approximately 73 thousand tons compared to 2012. The change in both periods reflects the significant refurbishment underway at our Indiana Harbor cokemaking facility, which resulted in lower production at this facility of 39 thousand tons and 106 thousand tons in the quarter and year, respectively. Offsetting this was higher production at our Jewell cokemaking facility in the quarter and higher production at Jewell, Middletown and Haverhill in the year. Domestic capacity utilization in Q4 and FY13 is estimated to be 99% and 101%, respectively, as compared to 101% and 102% in the same respective prior year periods.
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July 24, 2014
08:08 EDTSXCSunCoke Energy backs FY14 Adjusted EBITDA view of $220M-$240M
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08:06 EDTSXCSunCoke Energy reports Q2 EPS ex-items 3c, consensus (6c)
Reports Q2 revenue $372.2M, consensus $387.75M. Result includes $51.0M, or 74c per share, of costs for the net after-tax impact of the $103.1M Coal Mining impairment charge. Reports Q2 adjusted EBITDA $60.5M. The company said, "Excluding impairment charges, Adjusted EBITDA in the second quarter was driven by the contribution of our new Coal Logistics business and higher fees earned at Indiana Harbor due to last fall's contract renewal."
July 23, 2014
16:35 EDTSXCSunCoke Energy provides update on coal mining divestiture
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16:31 EDTSXCSunCoke Energy authorizes $150M share repurchase program
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