Suncoke energy, inc. reports strong second quarter 2022 results

Second quarter 2022 net income attributable to sxc was $18.0 million, or $0.21 per share; year-to-date net income attributable to sxc was $47.5 million, or $0.56 per share adjusted ebitda(1) for the quarter was $71.3 million, an increase of $3.3 million versus the prior year period; year-to-date 2022 adjusted ebitda was $155.1 million increased quarterly dividend to 8 cents per share; a 33% increase entered into a non-binding letter of intent with united states steel corporation ("u.s. steel") that sets out the principal terms and conditions upon which suncoke would acquire u.s. steel's granite city blast furnaces and build a 2.0m ton per year granulated pig iron facility with a 10 year initial term increasing full year 2022 adjusted ebitda guidance range from $240 million - $255 million to $270 million - $285 million, reflecting continued success in the export coke market and strong performance at cmt lisle, ill. , aug. 2, 2022 /prnewswire/ -- suncoke energy, inc. (nyse: sxc) today reported results for the second quarter 2022, reflecting continued strong performance in our domestic coke and logistics segments.
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