B. Riley Trims SunCoke Energy (SXC) Price Outlook Following Earnings Miss

Core Viewpoint - SunCoke Energy, Inc. (NYSE:SXC) is recognized as one of the 13 most promising long-term stocks to buy according to hedge funds, despite recent challenges in its performance [1]. Financial Performance - In Q4, SunCoke reported an adjusted EBITDA of $56.7 million, which was below expectations, with contributions from Industrial Services at $22.7 million [2]. - For the full year, consolidated adjusted EBITDA reached $219.2 million, influenced by the addition of Phoenix Global, although terminal segment volumes were weaker [4]. Leadership Changes - During the Q4 2025 earnings call, CEO Katherine Gates announced a leadership transition with CFO Mark Marinko retiring and Shantanu Agrawal taking over, aimed at maintaining financial discipline and operational priorities [3]. Segment Performance - The Domestic Coke segment faced challenges due to changes in the sales mix between contract and spot coke, as well as profitability impacts from the Granite City contract extension and a contract breach by Algoma [5].