SunCoke Energy Inc

SunCoke Energy raised its full-year 2026 consolidated adjusted EBITDA guidance to a range of $250 million to $265 million, citing strong first-half momentum. The Industrial Services segment achieved its highest adjusted EBITDA since the Phoenix acquisition, driven by a significant step-up in terminal handling volumes, while Domestic Coke performance benefited from favorable coal-to-coke yields. The Middletown turbine returned to service in May, earlier than anticipated, and the company is sold out for full-year 2026 with all spot glass and foundry coke sales finalized. The Phoenix acquisition is delivering ahead of expectations, with management already achieving the targeted $5 million to $10 million in annual synergies. Operating cash flow guidance was increased to $240 million to $260 million, assuming a normalization of working capital after $65 million in late-quarter receipts were delayed into July.