Core Insights - The article discusses potential investment opportunities in SXC, indicating a possible long position in the stock within the next 72 hours [1]. Group 1 - The analyst has no current stock, option, or similar derivative position in any of the companies mentioned [1]. - The article expresses the author's own opinions and is not receiving compensation from any company mentioned [1]. - There is an indication of a potential beneficial long position through stock or call options in SXC [1]. Group 2 - The article does not provide any specific financial performance data or metrics related to SXC or other companies [2]. - No recommendations or advice are given regarding the suitability of investments for particular investors [2]. - The views expressed may not reflect those of Seeking Alpha as a whole, highlighting the independent nature of the analysis [2].

Financial Performance - Full-year 2024 net income attributable to SunCoke Energy, Inc. was $95.9 million, or $1.12 per diluted share, compared to $57.5 million in 2023[3][4] - Full-year 2024 consolidated Adjusted EBITDA was $272.8 million, an increase from $268.8 million in 2023[3][4] - Operating cash flow for full-year 2024 was $168.8 million, with an estimated range of $165 million to $180 million for 2025[3][25] - Net income attributable to SunCoke Energy, Inc. for the year 2024 was $95.9 million, up 66.1% from $57.5 million in 2023[31] - Adjusted EBITDA for 2024 was $151.9 million, compared to $125.1 million in 2023, reflecting a 21.4% increase[31] - Cash and cash equivalents increased to $189.6 million in 2024 from $140.1 million in 2023, representing a 35.3% growth[34] - Total assets rose slightly to $1,668.2 million in 2024 from $1,660.4 million in 2023[34] - Long-term debt remained stable at $492.3 million in 2024, compared to $490.3 million in 2023[34] - The company paid dividends totaling $37.6 million in 2024, an increase from $30.7 million in 2023[36] Revenue and Sales - Fourth quarter 2024 revenues decreased to $486.0 million, down from $520.6 million in the same period of 2023, reflecting a decrease of $34.6 million[4][5] - Revenues for Q4 2024 were $486.0 million, a decrease of 6.5% from $520.6 million in Q4 2023[31] - Total sales and other operating revenue for Q4 2024 was $486.0 million, a decrease of 6.5% from $520.6 million in Q4 2023[38] - Logistics segment revenues increased to $83.0 million for full-year 2024, up from $74.0 million in 2023, driven by higher transloading volumes[13][14] Production and Operations - Domestic coke total production is projected to be approximately 4.0 million tons for 2025[25] - Domestic Coke production volumes for Q4 2024 were 1,023 thousand tons, slightly down from 1,025 thousand tons in Q4 2023[38] - Domestic Coke sales volumes for Q4 2024 were 1,032 thousand tons, compared to 1,037 thousand tons in Q4 2023[38] - Brazilian Coke production for Q4 2024 was 388 thousand tons, up from 383 thousand tons in Q4 2023[38] - Logistics tons handled increased to 5,262 thousand tons in Q4 2024, up from 5,022 thousand tons in Q4 2023[38] Future Outlook - Full-year 2025 consolidated Adjusted EBITDA is expected to be between $210 million and $225 million[3][25] - Estimated Adjusted EBITDA for 2025 is projected to be between $210 million and $225 million[43] - The Granite City cokemaking contract extension at lower economics is expected to adversely impact financial results in 2025[3] - The company anticipates lower margins on coke sales and plans to maintain a balanced approach to capital allocation moving forward[29] Safety and Corporate Actions - The company achieved a record safety performance in 2024, with a Total Recordable Incident Rate (TRIR) of 0.50[3] - The company increased its quarterly dividend by 20 percent during 2024[3] Quarterly Performance - Operating income for Q4 2024 was $35.5 million, a significant increase from $26.2 million in Q4 2023[31] - Adjusted EBITDA for Q4 2024 increased to $66.1 million, up 12.2% from $62.3 million in Q4 2023[41] - Corporate and Other segment reported an Adjusted EBITDA loss of $5.2 million in Q4 2024, compared to a loss of $5.8 million in Q4 2023[41] - The weighted average number of common shares outstanding was 85.3 million for Q4 2024, slightly up from 84.8 million in Q4 2023[31]

Core Insights - SunCoke Energy (SXC) is currently attracting investor attention due to its strong value metrics and favorable Zacks Rank of 2 (Buy) [4] - The company has an A grade for Value, indicating it is likely undervalued in the market [8] Valuation Metrics - SXC has a Price-to-Sales (P/S) ratio of 0.45, significantly lower than the industry average of 0.92, suggesting it may be undervalued [2] - The Price-to-Cash Flow (P/CF) ratio for SXC is 4.32, compared to the industry average of 5.06, indicating an attractive valuation based on cash flow [5] - SXC's Price-to-Book (P/B) ratio stands at 1.30, which is also lower than the industry average of 1.42, further supporting the notion of undervaluation [7] Performance Indicators - Over the past 52 weeks, SXC's P/CF has fluctuated between a high of 5.13 and a low of 3.37, with a median of 4.46, reflecting its cash flow performance [5] - The P/B ratio has varied from a high of 1.55 to a low of 0.97, with a median of 1.35, indicating stability in its book value relative to market value [7]

Group 1 - SunCoke Energy (SXC) has shown a year-to-date performance increase of approximately 17.3%, outperforming the average gain of 9.5% in the Oils-Energy sector [4] - The Zacks Rank for SunCoke Energy is currently 2 (Buy), indicating a positive earnings outlook with a consensus estimate for full-year earnings rising by 21.3% in the past quarter [3] - SunCoke Energy is part of the Coal industry, which includes 9 individual stocks and is currently ranked 85 in the Zacks Industry Rank, with an average gain of 10% this year [5] Group 2 - The Oils-Energy sector consists of 240 individual stocks, with the sector currently ranked 13 in the Zacks Sector Rank [2] - Another notable stock in the Oils-Energy sector is YPF Sociedad Anonima (YPF), which has increased by 133.6% year-to-date and has a Zacks Rank of 2 (Buy) [4][5] - The Oil and Gas - Integrated - International industry, to which YPF belongs, is ranked 77 and has seen a gain of 7.4% this year [6]

Group 1 - SunCoke Energy, Inc. (SXC) has reached a significant support level and is considered a good investment pick from a technical perspective due to a "golden cross" formation, where the 50-day simple moving average has broken above the 200-day moving average [1] - A successful golden cross event consists of three stages: the stock price bottoms out, the shorter moving average crosses above the longer moving average, and the stock maintains upward momentum [2] - SXC shares have increased by 26.9% over the past four weeks, and the company holds a 2 (Buy) rating on the Zacks Rank, indicating potential for a breakout [3] Group 2 - There has been one upward revision in earnings estimates for SXC over the past 60 days, with no downward revisions, and the Zacks Consensus Estimate has also increased [4] - The technical indicators suggest that investors should consider adding SXC to their watchlist due to the positive movement in earnings estimates and the significance of the golden cross [4]

Core Viewpoint - The article emphasizes the importance of value investing and highlights SunCoke Energy (SXC) as a strong value stock based on its financial metrics and Zacks Rank [2][3][7] Company Analysis - SunCoke Energy (SXC) has a Zacks Rank of 2 (Buy) and an A grade for Value, indicating it is a high-quality value stock [3] - The company has a Price-to-Book (P/B) ratio of 1.53, which is lower than the industry average of 1.74, suggesting it is undervalued [4] - SXC's Price-to-Sales (P/S) ratio is 0.53, significantly below the industry average of 1.04, further indicating potential undervaluation [5] - The Price-to-Cash Flow (P/CF) ratio for SXC is 5.06, which is attractive compared to the industry average of 6.20, reinforcing the notion of undervaluation [6] - Over the past year, SXC's P/B has fluctuated between 0.97 and 1.55, with a median of 1.33, while its P/CF has ranged from 3.37 to 5.13, with a median of 4.40 [4][6] Industry Context - The article discusses the broader value investing strategy, which focuses on identifying companies undervalued by the market using fundamental analysis and traditional valuation metrics [2] - The Style Scores system is mentioned as a tool for investors to find stocks with specific traits, particularly in the value category [3]

Company Overview - SunCoke Energy (SXC) currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting a favorable outlook for investors [3] Price Performance - Over the past week, SXC shares have increased by 27.7%, outperforming the Zacks Coal industry, which rose by 6.53% [5] - In the last month, SXC's price change is 46.33%, significantly higher than the industry's 5.43% [5] - For the past quarter, SXC shares have risen by 46.16%, and over the last year, they are up 40.6%, while the S&P 500 has moved 12.29% and 37.16%, respectively [6] Trading Volume - SXC's average 20-day trading volume is 890,353 shares, which is a useful indicator of market interest and can signal bullish or bearish trends [7] Earnings Outlook - In the past two months, one earnings estimate for SXC has increased, while none have decreased, raising the consensus estimate from $0.94 to $1.14 [9] - For the next fiscal year, one estimate has also moved upwards with no downward revisions, indicating positive earnings momentum [9]

Core Viewpoint - The article emphasizes the importance of value investing and highlights SunCoke Energy (SXC) as a strong value stock based on various financial metrics [1][2][6]. Group 1: Investment Metrics - SunCoke Energy has a Zacks Rank of 2 (Buy) and a Value grade of A, indicating it is among the highest-quality value stocks available [2]. - The company's Price-to-Book (P/B) ratio is 1.50, which is lower than the industry average of 1.75, suggesting it is relatively undervalued [3]. - SunCoke's Price-to-Sales (P/S) ratio stands at 0.54, significantly below the industry's average of 1.04, further indicating potential undervaluation [4]. - The Price-to-Cash Flow (P/CF) ratio for SXC is 4.97, compared to the industry average of 6.41, reinforcing the notion that the stock may be undervalued based on cash flow strength [5]. Group 2: Overall Assessment - The combination of these metrics suggests that SunCoke Energy is likely undervalued at present, making it an attractive option for value investors [6].

Have you been paying attention to shares of SunCoke Energy (SXC) ? Shares have been on the move with the stock up 44.6% over the past month. The stock hit a new 52-week high of $12.55 in the previous session. SunCoke Energy has gained 16.8% since the start of the year compared to the 6.7% move for the Zacks Oils-Energy sector and the 14.5% return for the Zacks Coal industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consens ...

Financial Performance - Third quarter 2024 net income was $33.3 million, a significant increase from $8.5 million in the prior year period, with net income attributable to SXC at $30.7 million or $0.36 per diluted share compared to $7.0 million or $0.08 per diluted share last year[1]. - Consolidated Adjusted EBITDA for the quarter was $75.3 million, up from $65.4 million in the prior year, reflecting a $9.9 million increase[1][5]. - Revenues for the third quarter of 2024 decreased by $30.3 million to $490.1 million, primarily due to lower coal prices affecting long-term agreements[3]. - Net income attributable to SunCoke Energy, Inc. for Q3 2024 was $30.7 million, compared to $7.0 million in Q3 2023, representing a significant increase[24]. - Operating income increased to $47.2 million in Q3 2024 from $29.7 million in Q3 2023, reflecting a growth of 58.5%[24]. - Basic earnings per share for Q3 2024 were $0.36, up from $0.08 in Q3 2023, indicating a substantial improvement[24]. - Total sales and other operating revenues for Q3 2024 were $490.1 million, a decrease of 5.9% from $520.4 million in Q3 2023[31]. - Adjusted EBITDA for Q3 2024 increased to $75.3 million, up 15.1% from $65.4 million in Q3 2023[32]. - Net income for Q3 2024 was $33.3 million, compared to $8.5 million in Q3 2023, representing a significant increase[32]. Guidance and Projections - Full-year 2024 Consolidated Adjusted EBITDA guidance has been increased to a range of $260 million to $270 million, reflecting favorable logistics performance and the DOL exemption gain[1][2]. - Consolidated Net Income for 2024 is projected to be between $85 million and $97 million[14]. - Capital expenditures for 2024 are projected to be between $75 million and $80 million[14]. - Estimated consolidated adjusted EBITDA for 2024 is projected to be between $260 million and $270 million[35]. Assets and Liabilities - Total current assets as of September 30, 2024, were $456.0 million, an increase from $416.8 million at the end of 2023[26]. - Total liabilities decreased to $963.8 million as of September 30, 2024, down from $1,014.9 million at the end of 2023[28]. - Total equity increased to $691.0 million as of September 30, 2024, compared to $645.5 million at the end of 2023[29]. - Cash and cash equivalents at the end of Q3 2024 were $164.7 million, compared to $125.9 million at the end of Q3 2023, showing an increase of 30.8%[30]. - Net cash provided by operating activities for the nine months ended September 30, 2024, was $107.9 million, down from $192.6 million for the same period in 2023[30]. Production and Operations - Domestic Coke total production is expected to be approximately 4.1 million tons for 2024[14]. - Domestic Coke production volumes for Q3 2024 were 1,031 thousand tons, slightly down from 1,032 thousand tons in Q3 2023[31]. - Domestic Coke capacity utilization remained stable at 102% for both Q3 2024 and Q3 2023[31]. - Brazil Coke production from operated facilities increased to 423 thousand tons in Q3 2024, up from 381 thousand tons in Q3 2023[31]. - Brazil Coke revenues were $8.8 million with Adjusted EBITDA of $2.5 million, consistent with the prior year[11]. Logistics Performance - The logistics segment reported revenues of $21.4 million, an increase of $5.8 million from the prior year, driven by higher transloading volumes[9][10]. - Logistics tons handled increased to 5,843 thousand tons in Q3 2024, up from 4,961 thousand tons in Q3 2023, reflecting a growth of 17.7%[31]. Regulatory and Financial Management - The company received a regulatory exemption from the DOL, resulting in a one-time gain of $9.5 million and a $45.5 million reduction in black lung benefits accrual[2][4]. - Interest expense for Q3 2024 was $5.7 million, down from $6.6 million in Q3 2023, indicating improved financial management[32]. - Capital expenditures for Q3 2024 were $48.1 million, a decrease from $84.5 million in Q3 2023[30]. - Domestic Coke adjusted EBITDA per ton decreased to $56.57 in Q3 2024 from $62.99 in Q3 2023[31].