secwatch.observer — SEC 8-K summary
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Issuer:     SunCoke Energy, Inc. (SXC)
CIK:        0001514705
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0001193125-22-209352
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SunCoke Q2 net income $18M, raises FY22 Adj EBITDA guidance to $270-285M; dividend up 33% to $0.08
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- Q2 net income $18.0M ($0.21/share) vs net loss $8.8M; Adj EBITDA $71.3M, up $3.3M YoY on higher export margins.
- FY22 Adj EBITDA guidance raised to $270-285M from $240-255M; Domestic Coke production expected ~4.1M tons.
- Board increased quarterly dividend 33% to $0.08/share, payable Sep 1, record Aug 18.
- Non-binding LOI with U.S. Steel to acquire Granite City blast furnaces and build 2.0M ton/year pig iron facility.
- Domestic Coke sales 1,007k tons (-5.3% YoY); Logistics EBITDA $12.5M (+$1.1M) on favorable CMT pricing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1514705/000119312522209352/0001193125-22-209352-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1514705/000119312522209352/d366798d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-209352

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