SunCoke Energy Q2 2026: Net Income Surges to $15.6M, Full-Year Guidance Raised
SXC sits 50% above its 52-week low of $5.515.
Summary
SunCoke Energy's Q2 2026 net income jumped to $15.6 million from $3.5 million a year ago, and the company raised its full-year Adjusted EBITDA guidance, reflecting strong operational performance and the benefits of the Phoenix Global acquisition.
Key Events · Earnings and Guidance · SXC
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Q2 Net Income Surges
Net income attributable to SunCoke Energy was $13.1 million ($0.15 per share) in Q2 2026, up from $1.9 million ($0.02 per share) a year ago, driven by the Phoenix Global acquisition and improved coke yields.
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Full-Year Guidance Raised
Management raised its full-year 2026 Adjusted EBITDA guidance, reflecting confidence in continued strong performance across both the Domestic Coke and Industrial Services segments.
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Phoenix Global Integration Progressing
The August 2025 acquisition of Phoenix Global contributed $97.6 million in Industrial Services revenue for the quarter, up from $13.9 million a year ago, and is on track to deliver expected synergies.
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Haverhill I Shutdown Completed
The company completed the shutdown of its Haverhill I cokemaking facility in Q1 2026, removing a source of lower-margin production and associated costs.
Analysis · SXC · Manufacturing
A sharp earnings rebound defined SunCoke Energy's Q2 2026, with net income reaching $15.6 million compared to just $3.5 million a year ago. The inclusion of the Phoenix Global acquisition, favorable coal-to-coke yields, and higher terminals handling volumes all contributed to the improvement. Reflecting confidence in sustained operational momentum, management raised its full-year Adjusted EBITDA guidance. The quarter also saw the completion of the Haverhill I facility shutdown, removing a drag on results. With $164.5 million available on its revolving credit facility and compliance with all debt covenants, the company's financial position appears stable.
At the time of this filing, SXC was trading at $8.29 on NYSE in the Manufacturing sector, with a market capitalization of approximately $703M. The 52-week trading range was $5.52 to $9.74. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.