SunCoke Energy, Inc. Reports Strong Second Quarter 2021 Results | MLPs Message Board Posts


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Msg  130044 of 131400  at  7/29/2021 2:26:27 PM  by

tulsatea


SunCoke Energy, Inc. Reports Strong Second Quarter 2021 Results

 

SunCoke Energy, Inc. (SXC)

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SunCoke Energy, Inc. Reports Strong Second Quarter 2021 Results

07/29/2021
- Second quarter 2021 net loss attributable to SXC was $8.8 million, or $0.11 per share, reflecting a $22.7 million, or $0.27 per share impact of debt extinguishment costs related to our debt refinancing
- Adjusted EBITDA(1) for the quarter was $68.0 million, up 15 percent versus the prior year period; Year-to-date Adjusted EBITDA was $138.6 million
- Completed debt refinancing, extending the revolver and notes maturities while achieving significant interest rate savings of approximately $17 million on an annual basis
- Increasing full-year 2021 Adjusted EBITDA guidance range from $215 million - $230 million to $255 million - $265 million reflecting successful execution of foundry/export coke initiatives and robust performance at CMT driven by strength in commodity markets

LISLE, Ill., July 29, 2021 /PRNewswire/ -- SunCoke Energy, Inc. (NYSE: SXC) today reported results for the second quarter 2021, reflecting continued strong performance in both the Domestic Coke and Logistics segments.

 


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