Last10K.com

Suncoke Energy, Inc. (SXC) SEC Filing 10-K Annual report for the fiscal year ending Monday, December 31, 2012

Suncoke Energy, Inc.

CIK: 1514705 Ticker: SXC

Exhibit 99.1

LOGO

Investors:

Ryan Osterholm: 630-824-1907

Media:

Anna Rozenich: 630-824-1945

SUNCOKE ENERGY, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2012 RESULTS

 

   

Net income more than tripled to $27.6 million in fourth quarter 2012, or $0.39 per diluted share. For full year, net income rose 63.0 percent to $98.8 million, or $1.40 per diluted share

 

   

Adjusted EBITDA approximately doubled for the fourth quarter and full year 2012 reaching $69.7 million and $265.7 million, respectively

 

   

Our new Middletown, Ohio facility delivered about half of the increase in Adjusted EBITDA for the quarter and full year 2012. Better results at Indiana Harbor also contributed significantly to the fourth quarter and full year increases

 

   

Full year 2012 coal production increased 8.2 percent to nearly 1.5 million tons versus full year 2011, while Adjusted EBITDA for the Coal Mining segment declined slightly to $33.4 million primarily due to higher cash production costs

Lisle, IL (February 5, 2013) – SunCoke Energy, Inc. (NYSE: SXC) today reported fourth quarter and full year 2012 results.

“We delivered on our financial targets in 2012, achieving Adjusted EBITDA of $265.7 million, earnings per share of $1.40 and free cash flow of $120 million.” said Fritz Henderson, Chairman and Chief Executive Officer of SunCoke Energy, Inc. “This performance was driven largely by three factors: the near-flawless startup of our Middletown operations, better results at Indiana Harbor and continued strong performance across our entire U.S. cokemaking fleet. Our coal mining business did not meet our expectations in 2012, but still generated positive earnings and was essentially cash flow neutral. In response to the current weak coal market environment, we continue to take aggressive action to improve productivity and reduce costs to strategically position this segment for the long term.

Henderson also said, “In 2012, we built a strong foundation to grow our coke business. We signed an agreement to form a cokemaking joint venture with VISA Steel in India, filed a permit to build a potential new U.S. cokemaking facility and, just a few weeks ago, we completed the initial public offering for units in SunCoke Energy Partners, L.P., our new master limited partnership. These efforts should help drive continued positive long term momentum in our business.”


The following information was filed by Suncoke Energy, Inc. (SXC) on Tuesday, February 5, 2013 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Suncoke Energy, Inc.'s financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Suncoke Energy, Inc..

Continue

Assess how Suncoke Energy, Inc.'s management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Suncoke Energy, Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2013 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue

Tools

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Combined And Consolidated Statements Of Cash Flows
Combined And Consolidated Statements Of Comprehensive Income
Combined And Consolidated Statements Of Comprehensive Income (parenthetical)
Combined And Consolidated Statements Of Equity
Combined And Consolidated Statements Of Equity (parenthetical)
Combined And Consolidated Statements Of Income
Consolidated Balance Sheets
Consolidated Balance Sheets (parenthetical)
Accrued Liabilities
Accrued Liabilities (details)
Accrued Liabilities (tables)
Accumulated Other Comprehensive (loss) Income
Accumulated Other Comprehensive (loss) Income (details)
Accumulated Other Comprehensive (loss) Income (tables)
Acquisition
Acquisition (details Textual)
Acquisition (details)
Acquisition (tables)
Arrangements Between Sunoco And Suncoke Energy, Inc.
Asset Retirement Obligations
Asset Retirement Obligations (details)
Asset Retirement Obligations (tables)
Black Lung Benefit Obligations
Black Lung Benefit Obligations (details Textual)
Business Segment Information
Business Segment Information (details 1)
Business Segment Information (details 2)
Business Segment Information (details Textual)
Business Segment Information (details)
Business Segment Information (tables)
Commitments And Contingent Liabilities
Commitments And Contingent Liabilities (details 1)
Commitments And Contingent Liabilities (details Textual)
Commitments And Contingent Liabilities (details)
Commitments And Contingent Liabilities (tables)
Customer Concentrations
Customer Concentrations (details Textual)
Debt
Debt (details Textual)
Debt (details)
Debt (tables)
Earnings Per Share
Earnings Per Share (details Textual)
Earnings Per Share (details)
Earnings Per Share (tables)
Fair Value Measurements
Fair Value Measurements (details Textual)
General
General (details)
Goodwill
Goodwill (details Textual)
Income Taxes
Income Taxes (details 3)
Income Taxes (details 4)
Income Taxes (details 5)
Income Taxes (details Textual)
Income Taxes (details)
Income Taxes (details1)
Income Taxes (details2)
Income Taxes (tables)
Inventories
Inventories (details Textual)
Inventories (details)
Inventories (tables)
Noncontrolling Interests
Noncontrolling Interests (details Textual)
Properties, Plants And Equipment, Net
Properties, Plants And Equipment, Net (details Textual)
Properties, Plants And Equipment, Net (details)
Properties, Plants And Equipment, Net (tables)
Related Party Transactions
Related Party Transactions (details Textual)
Related Party Transactions (details)
Related Party Transactions (tables)
Restructuring
Restructuring (details 1)
Restructuring (details Textual)
Restructuring (details)
Restructuring (tables)
Retirement Benefits Plans
Retirement Benefits Plans (details 1)
Retirement Benefits Plans (details 2)
Retirement Benefits Plans (details 3)
Retirement Benefits Plans (details 4)
Retirement Benefits Plans (details 5)
Retirement Benefits Plans (details 6)
Retirement Benefits Plans (details 7)
Retirement Benefits Plans (details 8)
Retirement Benefits Plans (details 9)
Retirement Benefits Plans (details Textual)
Retirement Benefits Plans (details)
Retirement Benefits Plans (tables)
Retirement Benefits Plans Details 10)
Selected Quarterly Data (unaudited)
Selected Quarterly Data (unaudited) (details Textual)
Selected Quarterly Data (unaudited) (details)
Selected Quarterly Data (unaudited) (tables)
Share-based Compensation
Share-based Compensation (details 1)
Share-based Compensation (details 2)
Share-based Compensation (details Textual)
Share-based Compensation (details)
Share-based Compensation (tables)
Subsequent Events
Subsequent Events (details Textual)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (details)
Summary Of Significant Accounting Policies (policies)
Supplemental Cash Flow Information
Supplemental Cash Flow Information (details)
Supplemental Cash Flow Information (tables)
Supplemental Condensed Consolidating Financial Information
Supplemental Condensed Consolidating Financial Information (details 1)
Supplemental Condensed Consolidating Financial Information (details 2)
Supplemental Condensed Consolidating Financial Information (details Textual)
Supplemental Condensed Consolidating Financial Information (details)
Supplemental Condensed Consolidating Financial Information (tables)
Ticker: SXC
CIK: 1514705
Form Type: 10-K Annual Report
Accession Number: 0001193125-13-071243
Submitted to the SEC: Fri Feb 22 2013 2:31:44 PM EST
Accepted by the SEC: Fri Feb 22 2013
Period: Monday, December 31, 2012
Industry: Steel Works Blast Furnaces And Rolling Mills Coke Ovens

External Resources:
Stock Quote
Social Media

Bookmark the Permalink:
https://last10k.com/sec-filings/sxc/0001193125-13-071243.htm