SunCoke Energy, Inc. today reported results for the second quarter 2017, with a net loss of $24.2 million compared to a loss of $4.6 million in Q2 2016. Revenues during the second quarter 2017 totaled $323.2 million, compared to revenues of $292.7 million in Q2 2016. In a press release, the company said the increased revenues reflected the pass-through of higher coal prices in the Domestic Coke segment as well as higher sales volumes in the Coal Logistics segment.
In the Domestic Coke segment, sales volumes totaled 953,000 mt in the second quarter, compared to 992,000 in the same quarter last year.
As for an outlook on the remainder of 2017, the company said it expects full-year domestic coke production to be approximately 3.9 million tons, with consolidated adjusted EBITDA ranging between $220 million and $235 million.