The earnings call presented a mixed picture. While there were significant achievements in production and the development of the Blue Creek project, the company faced challenges due to declining steelmaking coal prices and a weak market environment. The positive operational achievements were overshadowed by financial pressures and market difficulties.
Company Guidance
During the fourth quarter of 2024, Warrior Met Coal, Inc. provided guidance reflecting on their strong operational performance despite challenging market conditions. The company achieved a 23% increase in sales volumes and a 7% rise in production volumes compared to the previous year. They generated over $370 million in cash from operations, returning $43 million to shareholders via dividends. Warrior Met Coal experienced a gross price realization of 86% for the quarter and disclosed a cash cost of sales per ton of approximately $119. They highlighted substantial progress on the Blue Creek growth project, investing $717 million to date, with expectations to produce 1 million short tons in 2025. The company foresees a persistent weak market but remains optimistic due to strong customer relationships and high-quality product offerings. They anticipate completing the Blue Creek project within a budget of $995 million to $1.1 billion, with significant production ramp-up projected after the longwall starts in 2026.
Strong Sales and Production Volumes
Sales volumes increased by 23% and production volumes by 7% compared to the fourth quarter of last year. Mine 4 reached a record high annual production volume of 2.8 million short tons for the year.
Blue Creek Project Progress
Production at Blue Creek began in the third quarter and continued to develop with three continuous miner units producing 209,000 short tons for the year. The project remains on schedule and on budget with significant infrastructure development completed.
Cash from Operations
Generated over $370 million in cash from operations, which was used to fund the Blue Creek development and return $43 million of cash to stockholders via dividends.
Safety Performance
The company achieved strong safety results, maintaining safety as the number one priority for employees.
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Warrior Met Coal (HCC) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HCC Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 13, 2025
$54.09
$49.56
-8.37%
Oct 30, 2024
$61.70
$63.05
+2.19%
Aug 01, 2024
$64.70
$61.90
-4.33%
May 01, 2024
$67.64
$65.24
-3.55%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Warrior Met Coal (HCC) report earnings?
Warrior Met Coal (HCC) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Warrior Met Coal (HCC) earnings time?
Warrior Met Coal (HCC) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.