Suncoke Energy (SXC) Misses Q2 EPS by 9c

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Suncoke Energy (SXC) Doubles Qtr. Dividend to 15c/Share; 5.3% Yield

July 21, 2015 7:11 AM EDT

Suncoke Energy (NYSE: SXC) declared a quarterly dividend of $0.15 per share, or $0.6 annualized. This is a 100% increase from the prior dividend of $0.075.

The dividend will be payable on September 10, 2015, to stockholders of record on August 19, 2015, with an ex-dividend date of August 17,... More

Suncoke Energy Partners (SXCP) to Acquire Convent Marine Terminal in $412M Deal

July 21, 2015 7:09 AM EDT

Suncoke Energy Partners (NYSE: SXCP) has entered into an agreement with Raven Energy Holdings, LLC, an affiliate of The Cline Group, to acquire Convent Marine Terminal in Convent, La., for $412 million. This transaction is expected to close by September 1, 2015, subject to customary closing conditions and regulatory approvals.

This transaction will represent a material expansion of SXCPs coal logistics business and mark our entry into export coal handling. Convent Marine Terminal is one of the largest export terminals on the U.S. Gulf Coast and provides strategic access to seaborne markets for coal and other... More