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Dec 31, 2020
SunCoke Q4 2020 Earnings Report
SunCoke Energy reported strong Q4 2020 results, demonstrating resilience in its cokemaking business amidst unprecedented challenges, and provided full-year 2021 guidance.
Key Takeaways
SunCoke Energy reported a net loss attributable to SXC of $5.0 million, or $0.06 per share, for the fourth quarter of 2020. The company's Q4 Adjusted EBITDA was $37.0 million. The results reflect the strong and resilient performance of the cokemaking business during a challenging year.
Net loss attributable to SXC was $5.0 million, or $0.06 per share.
Adjusted EBITDA was $37.0 million.
Domestic Coke fleet demonstrated excellent cost discipline and delivered extraordinary results despite running at sub-optimal levels.
Implemented a company-wide cost-reduction initiative resulting in $10 million annualized savings.
Revenue by Segment
Forward Guidance
The Company expects 2021 consolidated Adjusted EBITDA to be between $215 million and $230 million, driven by our Domestic Coke plants operating at full capacity and higher volumes at Logistics.
Positive Outlook
- Domestic Coke plants running at full capacity
- Uncontracted capacity filled by export sales and Foundry coke sales
- Higher volumes at Logistics facilities
- Domestic coke total production is expected to be approximately 4.1 million tons
- Cash generated by operations is estimated to be between $160 million and $180 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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