SunCoke Energy, Inc. reported its second-quarter 2025 financial results, noting a decrease in revenues and net income compared to the same period in 2024. Revenues for the quarter were $434.1 million, down from $470.9 million in the prior year, reflecting a $36.8 million decline. This decrease was attributed to the timing and mix of contract and spot coke sales, as well as lower volumes and pricing in the Domestic Coke segment and reduced transloading volumes in the Logistics segment. Net income attributable to SunCoke Energy was $1.9 million, a significant drop from $21.5 million in the second quarter of 2024, primarily due to factors affecting revenue. Adjusted EBITDA for the quarter also decreased, totaling $43.6 million compared to $63.5 million in the previous year. Looking ahead, SunCoke Energy has revised its 2025 guidance. The company expects Domestic Coke total production to reach approximately 4.0 million tons. Consolidated net income is projected to range between $40 million and $59 million, while consolidated adjusted EBITDA is expected to be between $210 million and $225 million. The company anticipates capital expenditures of approximately $60 million and operating cash flow between $165 million and $180 million. Cash taxes are projected to be between $5 million and $9 million. In addition to financial results, SunCoke Energy provided an update on its acquisition of Phoenix Global, which is scheduled to close on August 1, 2025. The acquisition aims to expand and diversify SunCoke's customer base and enhance its capabilities as a supplier of industrial services to steelmaking customers.
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