Warrior Met Coal, Inc. produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production. Warrior Met Coal, Inc. was founded in 2015 and is headquartered in Brookwood, Alabama.
IPO Year: 2017
Exchange: NYSE
Website: warriormetcoal.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/11/2024 | $60.00 → $75.00 | Neutral → Buy | Citigroup |
| 1/16/2024 | $68.00 | Neutral | UBS |
| 9/23/2022 | $48.00 → $50.00 | Neutral → Buy | B. Riley Securities |
| 8/4/2022 | $45.00 → $37.00 | Outperform → Market Perform | BMO Capital Markets |
| 6/7/2022 | $36.00 → $50.00 | Hold → Buy | Jefferies |
| 3/9/2022 | $34.00 → $36.00 | Hold | Jefferies |
| 12/16/2021 | $26.00 → $30.00 | Market Perform → Outperform | BMO Capital |
4 - WARRIOR MET COAL, INC. (0001691303) (Issuer)
4 - WARRIOR MET COAL, INC. (0001691303) (Issuer)
4 - WARRIOR MET COAL, INC. (0001691303) (Issuer)
4 - WARRIOR MET COAL, INC. (0001691303) (Issuer)
4 - WARRIOR MET COAL, INC. (0001691303) (Issuer)
4 - WARRIOR MET COAL, INC. (0001691303) (Issuer)
4 - WARRIOR MET COAL, INC. (0001691303) (Issuer)
4 - WARRIOR MET COAL, INC. (0001691303) (Issuer)
4 - WARRIOR MET COAL, INC. (0001691303) (Issuer)
4 - WARRIOR MET COAL, INC. (0001691303) (Issuer)
Achieved Net Income of $41.8 million, or $0.80 per diluted share Generated Adjusted EBITDA of $78.5 million Produced first development tons at Blue Creek within budget and on schedule Warrior Met Coal, Inc. (NYSE:HCC) ("Warrior" or the "Company") today announced results for the third quarter of 2024. Warrior is the leading dedicated U.S.-based producer and exporter of high-quality steelmaking coal for the global steel industry. Warrior reported net income for the third quarter of 2024 of $41.8 million, or $0.80 per diluted share, a decrease from net income of $85.4 million, or $1.64 per diluted share, in the third quarter of 2023. Adjusted net income per share for the third quarter of 2
Warrior Met Coal, Inc. (NYSE:HCC) ("Warrior" or the "Company") today announced that its board of directors has approved a regular quarterly cash dividend of $0.08 per share to be paid on November 12, 2024, to stockholders of record as of the close of business on November 5, 2024. About Warrior Warrior is a U.S.-based, environmentally, and socially minded supplier to the global steel industry. It is dedicated entirely to mining non-thermal metallurgical (met) coal used as a critical component of steel production by metal manufacturers in Europe, South America, and Asia. Warrior is a large-scale, low-cost producer and exporter of premium quality met coal, also known as hard coking coal ("HC
Warrior Met Coal, Inc. (NYSE:HCC) today announced that it will hold its third quarter 2024 investor conference call at 4:30 p.m. ET on Wednesday, October 30, 2024. Warrior will release its results following the close of market trading that afternoon. To participate in the conference call, please call 1-844-340-9047 (domestic) or 1-412-858-5206 (international) 10 minutes prior to the start time and reference the Warrior Met Coal conference call. A webcast of the conference call will be available through the Investor section of the Company's website, http://investors.warriormetcoal.com, where an archived replay will also be available. Telephone playback will also be available beginning at 6
Warrior Met Coal, Inc. (NYSE:HCC) ("Warrior" or the "Company") announced today that its Chief Financial Officer Dale Boyles and its Chief Commercial Officer Charles Lussier will attend the Jefferies Industrials Conference on September 4-5, 2024, in New York City. About Warrior Warrior is a U.S.-based, environmentally, and socially minded supplier to the global steel industry. It is dedicated entirely to mining non-thermal met coal used as a critical component of steel production by metal manufacturers in Europe, South America and Asia. Warrior is a large-scale, low-cost producer and exporter of premium quality met coal, also known as hard-coking coal ("HCC"), operating highly efficient
Achieved Net Income of $70.7 million, or $1.35 per diluted share Generated Adjusted EBITDA of $115.9 million Completed key Blue Creek milestones with first development tons expected next quarter Warrior Met Coal, Inc. (NYSE:HCC) ("Warrior" or the "Company") today announced results for the second quarter of 2024. Warrior is the leading dedicated U.S.-based producer and exporter of high-quality steelmaking coal for the global steel industry. Warrior reported net income for the second quarter of 2024 of $70.7 million, or $1.35 per diluted share, a decrease from net income of $82.1 million, or $1.58 per diluted share, in the second quarter of 2023. Adjusted net income per share for the
Warrior Met Coal, Inc. (NYSE:HCC) ("Warrior" or the "Company") today announced that S&P Global Ratings ("S&P") has upgraded its Corporate Family Rating ("CFR") to ‘BB-' from ‘B+' on Balance Sheet Strength with a Stable Outlook. In addition, S&P raised its issue-level rating on the Company's senior secured notes to ‘BB+.' According to S&P, the upgrade reflects consecutive years of very low leverage, robust earnings, and ample cushion in credit metrics to withstand earnings volatility. Free cash flow is expected to remain positive despite elevated growth capex associated with Blue Creek. "We are pleased with S&P's recognition of the Company's strong balance sheet and financial performance
Warrior Met Coal, Inc. (NYSE:HCC) ("Warrior" or the "Company") today announced that its board of directors has approved a regular quarterly cash dividend of $0.08 per share to be paid on August 13, 2024, to stockholders of record as of the close of business on August 6, 2024. About Warrior Warrior is a U.S.-based, environmentally, and socially minded supplier to the global steel industry. It is dedicated entirely to mining non-thermal metallurgical (met) coal used as a critical component of steel production by metal manufacturers in Europe, South America, and Asia. Warrior is a large-scale, low-cost producer and exporter of premium quality met coal, also known as hard coking coal ("HCC"
Warrior Met Coal, Inc. (NYSE:HCC) today announced that it will hold its second quarter 2024 investor conference call at 4:30 p.m. ET on Thursday, August 1, 2024. Warrior will release its results following the close of market trading that afternoon. To participate in the conference call, please call 1-844-340-9047 (domestic) or 1-412-858-5206 (international) 10 minutes prior to the start time and reference the Warrior Met Coal conference call. A webcast of the conference call will be available through the Investor section of the Company's website, http://investors.warriormetcoal.com, where an archived replay will also be available. Telephone playback will also be available beginning at 6
Warrior Met Coal, Inc. (NYSE:HCC) ("Warrior" or the "Company") announced today that its Chief Executive Officer Walt Scheller and Chief Financial Officer Dale Boyles will attend the B. Riley Securities 24th Annual Institutional Investor Conference on May 22, 2024. About Warrior Warrior is a U.S.-based, environmentally, and socially minded supplier to the global steel industry. It is dedicated entirely to mining non-thermal met coal used as a critical component of steel production by metal manufacturers in Europe, South America and Asia. Warrior is a large-scale, low-cost producer and exporter of premium quality met coal, also known as hard-coking coal ("HCC"), operating highly efficient
Achieved net income of $137.0 million and adjusted EBITDA of $200.2 million Returned $30.6 million to stockholders through quarterly dividend and special cash dividend Continued making excellent progress in the ongoing development of Blue Creek Warrior Met Coal, Inc. (NYSE:HCC) ("Warrior" or the "Company") today announced results for the first quarter of 2024. Warrior is the leading dedicated U.S.-based producer and exporter of high-quality steelmaking coal for the global steel industry. Warrior reported net income for the first quarter of 2024 of $137.0 million, or $2.62 per diluted share, a decrease from net income of $182.3 million, or $3.51 per diluted share, in the first quarte
Achieved Net Income of $41.8 million, or $0.80 per diluted share Generated Adjusted EBITDA of $78.5 million Produced first development tons at Blue Creek within budget and on schedule Warrior Met Coal, Inc. (NYSE:HCC) ("Warrior" or the "Company") today announced results for the third quarter of 2024. Warrior is the leading dedicated U.S.-based producer and exporter of high-quality steelmaking coal for the global steel industry. Warrior reported net income for the third quarter of 2024 of $41.8 million, or $0.80 per diluted share, a decrease from net income of $85.4 million, or $1.64 per diluted share, in the third quarter of 2023. Adjusted net income per share for the third quarter of 2
Warrior Met Coal, Inc. (NYSE:HCC) ("Warrior" or the "Company") today announced that its board of directors has approved a regular quarterly cash dividend of $0.08 per share to be paid on November 12, 2024, to stockholders of record as of the close of business on November 5, 2024. About Warrior Warrior is a U.S.-based, environmentally, and socially minded supplier to the global steel industry. It is dedicated entirely to mining non-thermal metallurgical (met) coal used as a critical component of steel production by metal manufacturers in Europe, South America, and Asia. Warrior is a large-scale, low-cost producer and exporter of premium quality met coal, also known as hard coking coal ("HC
Warrior Met Coal, Inc. (NYSE:HCC) today announced that it will hold its third quarter 2024 investor conference call at 4:30 p.m. ET on Wednesday, October 30, 2024. Warrior will release its results following the close of market trading that afternoon. To participate in the conference call, please call 1-844-340-9047 (domestic) or 1-412-858-5206 (international) 10 minutes prior to the start time and reference the Warrior Met Coal conference call. A webcast of the conference call will be available through the Investor section of the Company's website, http://investors.warriormetcoal.com, where an archived replay will also be available. Telephone playback will also be available beginning at 6
Achieved Net Income of $70.7 million, or $1.35 per diluted share Generated Adjusted EBITDA of $115.9 million Completed key Blue Creek milestones with first development tons expected next quarter Warrior Met Coal, Inc. (NYSE:HCC) ("Warrior" or the "Company") today announced results for the second quarter of 2024. Warrior is the leading dedicated U.S.-based producer and exporter of high-quality steelmaking coal for the global steel industry. Warrior reported net income for the second quarter of 2024 of $70.7 million, or $1.35 per diluted share, a decrease from net income of $82.1 million, or $1.58 per diluted share, in the second quarter of 2023. Adjusted net income per share for the
Warrior Met Coal, Inc. (NYSE:HCC) ("Warrior" or the "Company") today announced that S&P Global Ratings ("S&P") has upgraded its Corporate Family Rating ("CFR") to ‘BB-' from ‘B+' on Balance Sheet Strength with a Stable Outlook. In addition, S&P raised its issue-level rating on the Company's senior secured notes to ‘BB+.' According to S&P, the upgrade reflects consecutive years of very low leverage, robust earnings, and ample cushion in credit metrics to withstand earnings volatility. Free cash flow is expected to remain positive despite elevated growth capex associated with Blue Creek. "We are pleased with S&P's recognition of the Company's strong balance sheet and financial performance
Warrior Met Coal, Inc. (NYSE:HCC) ("Warrior" or the "Company") today announced that its board of directors has approved a regular quarterly cash dividend of $0.08 per share to be paid on August 13, 2024, to stockholders of record as of the close of business on August 6, 2024. About Warrior Warrior is a U.S.-based, environmentally, and socially minded supplier to the global steel industry. It is dedicated entirely to mining non-thermal metallurgical (met) coal used as a critical component of steel production by metal manufacturers in Europe, South America, and Asia. Warrior is a large-scale, low-cost producer and exporter of premium quality met coal, also known as hard coking coal ("HCC"
Warrior Met Coal, Inc. (NYSE:HCC) today announced that it will hold its second quarter 2024 investor conference call at 4:30 p.m. ET on Thursday, August 1, 2024. Warrior will release its results following the close of market trading that afternoon. To participate in the conference call, please call 1-844-340-9047 (domestic) or 1-412-858-5206 (international) 10 minutes prior to the start time and reference the Warrior Met Coal conference call. A webcast of the conference call will be available through the Investor section of the Company's website, http://investors.warriormetcoal.com, where an archived replay will also be available. Telephone playback will also be available beginning at 6
Achieved net income of $137.0 million and adjusted EBITDA of $200.2 million Returned $30.6 million to stockholders through quarterly dividend and special cash dividend Continued making excellent progress in the ongoing development of Blue Creek Warrior Met Coal, Inc. (NYSE:HCC) ("Warrior" or the "Company") today announced results for the first quarter of 2024. Warrior is the leading dedicated U.S.-based producer and exporter of high-quality steelmaking coal for the global steel industry. Warrior reported net income for the first quarter of 2024 of $137.0 million, or $2.62 per diluted share, a decrease from net income of $182.3 million, or $3.51 per diluted share, in the first quarte
Warrior Met Coal, Inc. (NYSE:HCC) ("Warrior" or the "Company") today announced that its board of directors has approved a regular quarterly cash dividend of $0.08 per share to be paid on May 13, 2024, to stockholders of record as of the close of business on May 6, 2024. About Warrior Warrior is a U.S.-based, environmentally, and socially minded supplier to the global steel industry. It is dedicated entirely to mining non-thermal metallurgical (met) coal used as a critical component of steel production by metal manufacturers in Europe, South America, and Asia. Warrior is a large-scale, low-cost producer and exporter of premium quality met coal, also known as hard coking coal ("HCC"), ope
Warrior Met Coal, Inc. (NYSE:HCC) today announced that it will hold its first quarter 2024 investor conference call at 4:30 p.m. ET on Wednesday, May 1, 2024. Warrior Met Coal will release its results following the close of market trading that afternoon. To participate in the conference call, please call 1-844-340-9047 (domestic) or 1-412-858-5206 (international) 10 minutes prior to the start time and reference the Warrior Met Coal conference call. A webcast of the conference call will be available through the Investor section of the Company's website, http://investors.warriormetcoal.com, where an archived replay will also be available. Telephone playback will also be available beginnin
The market for coal used to make steel is in the summer doldrums, but supply outages in Australia and the United States are providing underlying tightness that could cause prices to spike in the late summer and fall once Asian steelmakers start restocking. Mine fires in Australia and West Virginia and a lock and dam closure in Alabama are causing latent tightness that won't become visible until India and China come back to the market between August and October. Once they do, prices are likely to move higher but remain capped below record highs by a sluggish global economy. "The supply side looks very supportive of met coal prices," John Berman, chief investment officer with natural re
Warrior Met Coal's (NYSE:HCC) short percent of float has risen 44.2% since its last report. The company recently reported that it has 3.98 million shares sold short, which is 10.57% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.94 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short intere
Warrior Met Coal's (NYSE:HCC) short percent of float has fallen 7.22% since its last report. The company recently reported that it has 2.76 million shares sold short, which is 7.33% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.0 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interes
4 analysts have shared their evaluations of Warrior Met Coal (NYSE:HCC) during the recent three months, expressing a mix of bullish and bearish perspectives. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 0 1 0 0 Last 30D 0 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 1 0 0 3M Ago 2 0 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $80.75, along with a high estimate of $91.00 and a low estimate of $70.00. Marking an increase of 8.39%,
Benchmark analyst Nathan Martin reiterates Warrior Met Coal (NYSE:HCC) with a Hold.
Top Stories for May 2, 2024 Warrior Met Coal (NYSE:HCC): The Brookwood, Alabama-based company reported Q1 results with net income of $137 million, sales of $503.512 million and adjusted EBITDA of $200.2 million. Warrior Met saw a 17% increase in production volumes for its highest quarterly production in over three years. After investing in its Blue Creek project, it returned $30.6 million to shareholders via dividends. Despite reduced demand and lower coal prices, the company reaffirmed its 2024 guidance. Materion (NYSE:MTRN): The Mayfield Heights, Ohio-based company reported Q1 results with net sales of $385.3 million. Net income came in at $13.4 million, or 64 cents per
B. Riley Securities analyst Lucas Pipes maintains Warrior Met Coal (NYSE:HCC) with a Buy and raises the price target from $87 to $91.
Analysts' ratings for Warrior Met Coal (NYSE:HCC) over the last quarter vary from bullish to bearish, as provided by 4 analysts. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 0 1 0 0 Last 30D 0 0 1 0 0 1M Ago 2 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 0 0 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $80.25, a high estimate of $89.00, and a low estimate of $70.00. This current average reflects an increase of
Benchmark analyst Nathan Martin reiterates Warrior Met Coal (NYSE:HCC) with a Hold.
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10-Q - WARRIOR MET COAL, INC. (0001691303) (Filer)
8-K - WARRIOR MET COAL, INC. (0001691303) (Filer)
8-K - WARRIOR MET COAL, INC. (0001691303) (Filer)
SD - WARRIOR MET COAL, INC. (0001691303) (Filer)
10-Q - WARRIOR MET COAL, INC. (0001691303) (Filer)
8-K - WARRIOR MET COAL, INC. (0001691303) (Filer)
10-Q - WARRIOR MET COAL, INC. (0001691303) (Filer)
8-K - WARRIOR MET COAL, INC. (0001691303) (Filer)
8-K - WARRIOR MET COAL, INC. (0001691303) (Filer)
DFAN14A - WARRIOR MET COAL, INC. (0001691303) (Subject)
Citigroup upgraded Warrior Met Coal from Neutral to Buy and set a new price target of $75.00 from $60.00 previously
UBS initiated coverage of Warrior Met Coal with a rating of Neutral and set a new price target of $68.00
B. Riley Securities upgraded Warrior Met Coal from Neutral to Buy and set a new price target of $50.00 from $48.00 previously
BMO Capital Markets downgraded Warrior Met Coal from Outperform to Market Perform and set a new price target of $37.00 from $45.00 previously
Jefferies upgraded Warrior Met Coal from Hold to Buy and set a new price target of $50.00 from $36.00 previously
Jefferies reiterated coverage of Warrior Met Coal with a rating of Hold and set a new price target of $36.00 from $34.00 previously
BMO Capital upgraded Warrior Met Coal from Market Perform to Outperform and set a new price target of $30.00 from $26.00 previously
B. Riley FBR downgraded Warrior Met Coal from Buy to Neutral and set a new price target of $22.00
Roth Capital reiterated coverage of Warrior Met Coal with a rating of Buy and set a new price target of $22.00 from $20.00 previously
B. Riley resumed coverage of Warrior Met Coal with a rating of Buy and set a new price target of $28.00 from $25.00 previously
4 - WARRIOR MET COAL, INC. (0001691303) (Issuer)