Investor Relations

SXCP Acquires Convent Marine Terminal for $412 Million

SXCP has acquired Convent Marine Terminal, a premier export hubs on the U.S. Gulf Coast, for $412 million. Located in Convent, La., the terminal supports low-cost Illinois Basin coal producers and provides strategic access to seaborne markets for coal and other industrial materials.

“This acquisition will represent a compelling strategic fit by adding a preeminent export asset to our coal logistics business,” said Fritz Henderson, Chairman and CEO of SunCoke Energy Partners, L.P. “We expect this transaction will be accretive from day one with consistent earnings and stable cash flows for SXCP, resulting in increased cash distributions to SXCP unitholders and higher incentive distribution payments to our general partner.”

Corporate Profile

SunCoke Energy, Inc. (NYSE: SXC) supplies high-quality coke to the integrated steel industry under long-term take-or-pay coke contracts that pass through commodity and certain operating costs to customers. We utilize an innovative heat-recovery cokemaking technology that captures excess heat for steam or electrical power generation. We are the sponsor of SunCoke Energy Partners, L.P. (NYSE: SXCP), a publicly traded master limited partnership, holding a 2 percent general partner interest, 56... More >>

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SXC (Common Stock)

Exchange
NYSE (US Dollar)
Price
$11.24
Change (%)
 Stock is Up 0.57 (5.34%)
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Recent Investor News
08/12/15
SunCoke Energy, Inc. Completes Granite City Dropdown Transaction
LISLE, Ill.--(BUSINESS WIRE)--Aug. 12, 2015-- Today, SunCoke Energy, Inc. (NYSE: SXC) closed on its agreement with SunCoke Energy Partners, L.P. (NYSE: SXCP) to drop down an additional 23 percent interest in the Granite City, Ill., cokemaking facility for $67 million. SXC will continue to retain a 2 percent ownership interest in this facility. In connection with this closing, SXC received $20.1 million of SXCP equity and SXCP assumed $46.9... 
07/21/15
SunCoke Energy, Inc. Announces Second Quarter 2015 Results and Reaffirms Full Year Guidance
Net loss attributable to SXC was $13.5 million, or $0.21 per share, reflecting non-cash pension termination charges of $10.9 million, net of tax, or $0.17 per share Adjusted EBITDA, excluding the one-time, non-cash pension termination charges of $12.6 million, was $46.0 million. Domestic Coke operations generated Adjusted EBITDA of $56.2 million and reflects the timing of planned maintenance outages ... 
07/20/15
SunCoke Energy, Inc. and SunCoke Energy Partners, L.P. Update Schedules for Second Quarter 2015 Earnings Conference Calls and Webcasts
LISLE, Ill.--(BUSINESS WIRE)--Jul. 20, 2015-- SunCoke Energy, Inc. (NYSE: SXC) and SunCoke Energy Partners, L.P. (NYSE: SXCP) today announced a change in dates and times for their second quarter 2015 earnings conference calls and webcasts. SXC and SXCP plan to release second quarter 2015 earnings results before the market opens on Tuesday, July 21, 2015. This Smart News Release features multimedia. View the full release here: http://www.businesswire.c... 
07/16/15
SunCoke Energy, Inc. Increases Cash Dividend 100 Percent
LISLE, Ill.--(BUSINESS WIRE)--Jul. 16, 2015-- Today, SunCoke Energy, Inc.’s (NYSE: SXC) Board of Directors declared a 100 percent increase in the cash dividend, raising the quarterly rate from $0.075 to $0.15 per share of common stock. This dividend will be payable on September 10, 2015, to stockholders of record at the close of business on August 19, 2015. This represents the second significant increase since SXC initiated dividends less than a year ago... 

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