SunCoke CFO Mark W. Marinko to Retire on March 13, 2026
SunCoke Energy announced that Mark W. Marinko, SunCoke's Chief Financial Officer, will retire effective March 13, 2026. As part of a planned transition in connection with Marinko's retirement, the Board has unanimously appointed Shantanu Agrawal, currently serving as SunCoke's Vice President, Finance and Treasurer, to succeed Marinko as CFO, effective March 13, 2026. Commenting on Mr. Marinko's retirement, Katherine Gates, SunCoke's President and Chief Executive Officer said, "During his time as CFO, Mark was instrumental in guiding SunCoke through critical phases of our evolution, including the recent acquisition of Phoenix Global Services." Reflecting on Mr. Agrawal's appointment, Ms. Gates continued, "We are looking forward to Shantanu's future accomplishments and contributions as SunCoke's next CFO. With his deep knowledge of SunCoke's business and organization, and his significant finance and accounting expertise, Shantanu is the ideal person to step into the CFO role for SunCoke, driving financial discipline and operational excellence, while advancing our growth strategy and long-term value creation for shareholders."
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- Oversold Stocks Overview: According to Benzinga Pro, the materials sector's major oversold stocks with RSI values near or below 30 present buying opportunities for investors looking for undervalued companies amid market volatility.
- Flexible Solutions Performance: On January 23, Flexible Solutions International reported fourth-quarter revenue of $9.10 million, a 3% year-over-year increase, despite challenges in agriculture due to the construction of its Panama factory and retooling of its Illinois facility, leading to a 13% decline in stock price over the past month.
- RSI Indicator Analysis: With an RSI value of 29.9, Flexible Solutions is considered oversold, currently trading at $5.25, which is above its 52-week low of $3.46, indicating potential upside despite market caution regarding its future performance.
- Market Sentiment and Ratings: Edge Stock Ratings assigned Flexible Solutions a momentum score of 10.11 and a value score of 75.73, suggesting that despite facing short-term pressures, the long-term investment potential remains attractive, drawing interest from investors in the materials sector.
- Management Changes: SunCoke Energy announced the retirement of CFO Mark Marinko, with Shantanu Agrawal appointed as his successor, ensuring continuity in financial discipline and operational focus, which reflects the company's stability during executive transitions.
- Financial Performance: SunCoke reported consolidated adjusted EBITDA of $219.2 million for 2025, impacted by the integration of Phoenix Global, but overall performance was affected by lower terminal handling volumes and changes in contract economics, highlighting challenges in the market environment.
- Contract Extensions: SunCoke extended its Granite City contract with U.S. Steel through December 2026 and Haverhill II with Cleveland-Cliffs through December 2028, maintaining similar economic terms to prior agreements, which ensures revenue stability for the future.
- Future Outlook: The company expects consolidated adjusted EBITDA between $230 million and $250 million in 2026, with the Domestic Coke segment projected to deliver sales of approximately 3.4 million tons, demonstrating confidence in market recovery and ongoing growth potential.
- Earnings Report: SunCoke Energy's Q4 2025 EPS of -$1.00 significantly underperformed against the consensus of $0.10, primarily due to one-time items totaling $95.7 million, resulting in a net loss of $72.7 million after tax, indicating challenges in financial management.
- Revenue Performance: The company reported Q4 revenue of $480.2 million, a slight decline of 1.2% year-over-year, yet it exceeded market expectations by $42.75 million, demonstrating resilience in sales capabilities despite ongoing difficulties.
- 2026 Guidance: SunCoke anticipates consolidated adjusted EBITDA for 2026 to range between $230 million and $250 million, with domestic coke sales projected at approximately 3.4 million tons, reflecting a cautiously optimistic outlook on future market demand.
- Capital Expenditures and Cash Flow: Projected capital expenditures for 2026 are expected to be between $90 million and $100 million, while operating cash flow is estimated to be between $230 million and $250 million, showcasing a balanced strategy in investment and cash flow management.
- Earnings Announcement Date: SunCoke Energy is set to announce its Q4 2023 earnings on February 16 before market open, with a consensus EPS estimate of $0.10, reflecting a significant year-over-year decline of 64.3%, indicating pressure on profitability.
- Revenue Expectations Decline: The anticipated revenue for Q4 is $437.45 million, down 10.0% year-over-year, which highlights weak market demand and industry challenges that could negatively impact the company's financial health moving forward.
- Historical Performance Metrics: Over the past year, SunCoke has beaten EPS estimates 75% of the time and revenue estimates 100% of the time, although the current expectations suggest a notable decline in profitability that may affect investor confidence.
- Management Changes: SunCoke Energy has appointed Shantanu Agrawal as CFO, a move that could bring new financial strategies to address current market challenges and improve financial performance.
- Dividend Declaration: SunCoke Energy announced a cash dividend of $0.12 per share to be paid on March 2, 2026, to stockholders of record as of February 17, 2026, aimed at rewarding shareholders and boosting investor confidence.
- Long-term Contract Sales: The company primarily supplies high-quality coke to domestic and international customers under long-term, take-or-pay contracts, ensuring stable revenue streams and mitigating market volatility risks.
- Innovative Technology Utilization: SunCoke employs innovative heat-recovery technology that not only enhances production efficiency but also captures excess heat for steam or electricity generation, further improving the company's sustainability profile.
- Robust Logistics Capacity: The company's logistics terminals have the capacity to mix and transload over 40 million tons of material annually, strategically located to serve the East Coast, Gulf Coast, Great Lakes, and international ports, ensuring efficient supply chain management.
- Cash Dividend Announcement: SunCoke Energy has declared a cash dividend of $0.12 per share to be paid on March 2, 2026, to stockholders of record as of February 17, 2026, aimed at rewarding shareholders and boosting investor confidence.
- Long-Term Contract Sales: The company primarily sells high-quality coke to domestic and international customers under long-term take-or-pay contracts, ensuring stable revenue streams and mitigating market volatility risks.
- Innovative Technology Utilization: Leveraging over 60 years of cokemaking experience and innovative heat-recovery technology, SunCoke not only enhances production efficiency but also captures excess heat for steam or electricity generation, furthering its sustainability efforts.
- Robust Logistics Capacity: The company's logistics terminals have the capacity to mix and transload over 40 million tons of material annually, strategically located to cover the Gulf Coast, East Coast, and Great Lakes, ensuring efficient market reach and customer service capabilities.







