SunCoke Energy Inc. reported Q4 2021 results, marked by record-setting performance in its cokemaking and logistics segments. The company's net income attributable to SXC was $12.7 million, or $0.15 per share, and Adjusted EBITDA reached $62.9 million. Revenues increased due to higher volumes in both coke and logistics businesses, reflecting strength in steel and coal markets.
Net income attributable to SXC was $12.7 million, or $0.15 per share.
Adjusted EBITDA was $62.9 million.
Revenues increased due to higher volumes across both coke and logistics businesses.
Company signed a 5 year take-or-pay coke contract with Algoma Steel beginning in 2022.
SunCoke Energy expects 2022 consolidated Adjusted EBITDA to be between $240 million and $255 million, driven by our Domestic Coke plants continuing to operate at full capacity.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance