SunCoke Energy, Inc. (SXC): History, Ownership, Mission, How It Works & Makes Money

Ever wondered how SunCoke Energy, Inc. (SXC), an independent producer of coke in the Americas and Brazil, navigates the complexities of the steelmaking industry? With a market capitalization of $761.82 million as of April 12, 2025, and a recent stock price of $9.00, the company stands as a key player in supplying coke, a crucial raw material for blast furnaces. But how exactly does SunCoke Energy operate, and what are the key factors driving its financial performance? Keep reading to discover the ins and outs of SunCoke Energy's business model, its strategic segments, and the financial achievements that define its position in the market.

SunCoke Energy, Inc. (SXC) History

SunCoke Energy, Inc. Founding Timeline

Year established

SunCoke Energy, Inc. was established in 2008.

Original location

The company is headquartered in Lisle, Illinois, USA.

Founding team members

While specific founding team members are not always prominently highlighted in corporate materials, SunCoke Energy emerged as a spin-off from its parent company, Sunoco. Key executives at the time of the spin-off would have played crucial roles in establishing the new entity.

Initial capital/funding

As a spin-off from Sunoco, the initial capital and funding for SunCoke Energy came from the resources and assets allocated during the separation. The specific amount was embedded within the broader corporate restructuring.

SunCoke Energy, Inc. Evolution Milestones

SunCoke Energy, Inc. Transformative Moments

• Strategic Shift to Focus on Core Business: SunCoke Energy's strategic decision to concentrate on its core metallurgical coke production and coal operations has been pivotal. This focus allowed the company to optimize its resources and expertise in these key areas.
• Emphasis on Long-Term Contracts: Securing long-term contracts with major steel producers provided a stable revenue stream and reduced exposure to market volatility.
• Operational Efficiencies and Technological Advancements: Investments in operational efficiencies and technological upgrades at its coke-making facilities improved productivity, reduced costs, and enhanced environmental performance.

To gain more insights into the investors and stakeholders, check out: Exploring SunCoke Energy, Inc. (SXC) Investor Profile: Who’s Buying and Why?

SunCoke Energy, Inc. (SXC) Ownership Structure

SunCoke Energy, Inc. features a mix of institutional, retail, and insider ownership, influencing its corporate governance and strategic direction.

SunCoke Energy, Inc.'s Current Status

SunCoke Energy, Inc. is a publicly traded company, meaning its shares are available for purchase on the open market, allowing a wide range of investors to own a portion of the company. As a publicly traded entity, SunCoke Energy is subject to regulatory oversight and reporting requirements, ensuring transparency and accountability to its shareholders. For insights into the company's financial performance, see: Breaking Down SunCoke Energy, Inc. (SXC) Financial Health: Key Insights for Investors

SunCoke Energy, Inc.'s Ownership Breakdown

The ownership of SunCoke Energy, Inc. is distributed among various types of shareholders. Here is a breakdown:

SunCoke Energy, Inc.'s Leadership

The leadership team at SunCoke Energy, Inc. is responsible for setting the strategic direction of the company and overseeing its operations. Key members of the leadership team include:

• Michael J. Rippey: Chairman, President and Chief Executive Officer
• Katherine D. Gates: Senior Vice President, Chief Legal and Sustainability Officer, and Secretary
• Mark A. Marinko: Senior Vice President and Chief Financial Officer
• Shakeri A. Mickelsen: Senior Vice President and Chief Commercial Officer

SunCoke Energy, Inc. (SXC) Mission and Values

SunCoke Energy's mission is centered around providing high-quality coke and related services to the steel industry, while adhering to sustainable and responsible operational practices. The company's values emphasize safety, environmental stewardship, and community engagement.

SunCoke Energy's Core Purpose

Official mission statement

While a specific, concise mission statement is not explicitly available in the provided search results, SunCoke Energy's activities and public statements suggest that their mission is focused on:

• Producing high-quality coke for steel production.
• Operating in an environmentally responsible manner.
• Ensuring the safety of their employees and communities.
• Delivering value to their shareholders.

Vision statement

Similarly, a formal vision statement is not found in the search results. However, based on the company's strategic direction, a potential vision could be:

• To be the leading provider of high-quality coke and energy solutions to the global steel industry.
• To be recognized for operational excellence, environmental responsibility, and sustainable practices.
• To create long-term value for stakeholders through innovation and strategic growth.

Company slogan/tagline

There is no specific slogan or tagline mentioned within the provided context. For additional insights, you can check out: Mission Statement, Vision, & Core Values of SunCoke Energy, Inc. (SXC).

SunCoke Energy, Inc. (SXC) How It Works

SunCoke Energy, Inc. leverages its expertise in heat recovery coke making to produce high-quality coke used in the steel production process, while also generating electricity from the recovered heat. The company operates cokemaking facilities and provides logistics services for handling raw materials and by-products.

SunCoke Energy's Product/Service Portfolio

SunCoke Energy's Operational Framework

SunCoke Energy's operations are centered around its cokemaking facilities, where metallurgical coal is converted into coke through a heating process in ovens. Key aspects of the operational framework include:

• Cokemaking Process: Coal is charged into ovens and heated to high temperatures in the absence of oxygen, transforming it into coke.
• Heat Recovery: Waste heat from the cokemaking process is captured and used to generate electricity, increasing energy efficiency and reducing emissions.
• Logistics Network: SunCoke operates an extensive logistics network to handle and transport coal, coke, and other materials, ensuring a reliable supply chain for its customers.
• By-Product Management: The company manages the by-products of cokemaking, such as coke oven gas, which can be used as a fuel source or processed into other chemicals.

For more insights into SunCoke Energy, Inc., check out: Exploring SunCoke Energy, Inc. (SXC) Investor Profile: Who’s Buying and Why?

SunCoke Energy's Strategic Advantages

SunCoke Energy maintains several strategic advantages that contribute to its success in the cokemaking and energy sectors:

• Efficient Production: SunCoke's heat recovery cokemaking technology enhances energy efficiency and reduces environmental impact.
• Long-Term Agreements: The company often enters into long-term supply agreements with its customers, providing stable revenue streams and predictable demand.
• Logistics Capabilities: Its logistics network provides a competitive edge by ensuring the reliable and cost-effective delivery of materials.
• Strategic Locations: Facilities are strategically located near steel mills and transportation infrastructure, reducing transportation costs and improving access to key markets.

SunCoke Energy, Inc. (SXC) How It Makes Money

SunCoke Energy primarily generates revenue by producing and selling metallurgical coal, also known as met coal, to steel manufacturers. They also generate revenue through their coal logistics services.

SunCoke Energy, Inc.'s Revenue Breakdown

SunCoke Energy, Inc.'s Business Economics

SunCoke Energy's business economics are influenced by several key factors:

• Coke Pricing: Prices for coke are generally determined by supply and demand dynamics within the steel industry. Long-term contracts often provide price stability, but these are subject to periodic renegotiation.
• Raw Material Costs: The cost of coal, a primary input, significantly impacts profitability. Efficient procurement and strategic sourcing are crucial.
• Operational Efficiency: Maintaining high operational efficiency in coke production and logistics is essential for managing costs and maximizing margins.
• Transportation Costs: Costs associated with transporting coal and coke to and from facilities play a vital role. Proximity to steel mills and efficient logistics networks can provide a competitive advantage.
• Environmental Regulations: Compliance with environmental regulations requires investments in technology and processes, affecting both capital and operating expenditures.

SunCoke Energy, Inc.'s Financial Performance

Key aspects of SunCoke Energy's financial performance include:

• Revenue Stability: Long-term contracts with major steel producers provide a degree of revenue stability.
• Profit Margins: Profit margins are influenced by coke prices, coal costs, and operational efficiencies.
• Debt Management: Prudent debt management is essential, as the company operates in a capital-intensive industry.
• Cash Flow: Strong cash flow from operations supports investments in facility maintenance, upgrades, and potential expansion projects.
• Capital Expenditures: Significant capital expenditures are necessary to maintain and improve existing facilities, as well as to comply with environmental standards.

To gain more insights into SunCoke Energy, Inc., explore this related resource: Exploring SunCoke Energy, Inc. (SXC) Investor Profile: Who’s Buying and Why?

SunCoke Energy, Inc. (SXC) Market Position & Future Outlook

SunCoke Energy is a key player in the metallurgical coal sector, providing essential products for steel production, and the company's future hinges on its ability to adapt to evolving market dynamics and capitalize on strategic opportunities.

Competitive Landscape

Opportunities & Challenges

Industry Position

SunCoke Energy maintains a strong position in the North American metallurgical coal market, particularly due to its expertise in heat recovery coke production. Its standing is reinforced by:

• Long-term supply agreements with major steel producers, providing a stable revenue stream.
• Operational efficiency and technological advancements that lower production costs.
• Strategic locations of coke-making facilities, optimizing transportation and logistics.

For more insights into the company's financial stability, explore Breaking Down SunCoke Energy, Inc. (SXC) Financial Health: Key Insights for Investors.