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Warrior Met Coal, Inc. - HCC STOCK NEWS

Welcome to our dedicated page for Warrior Met Coal news (Ticker: HCC), a resource for investors and traders seeking the latest updates and insights on Warrior Met Coal stock.

Warrior Met Coal, Inc. (Symbol: HCC) is a prominent player in the coal mining industry, primarily focusing on the production and export of metallurgical coal, which is a critical component in the steelmaking process. Established in 2015 and headquartered in Brookwood, Alabama, the company operates two extensive underground mines located in Alabama. These mines are strategically positioned in the rich geological formations of Southern Appalachia's coal seam.

Warrior Met Coal caters to a global clientele, selling its high-quality metallurgical coal to blast furnace steel producers across Europe, South America, and Asia. This international customer base underscores the company's significant role in the global steel industry.

In addition to its core business, Warrior Met Coal also generates revenue from the sale of natural gas, a byproduct of its coal mining operations. The extraction of natural gas not only adds a valuable revenue stream but also highlights the company's commitment to maximizing resource utilization.

The company's financial performance has been bolstered by its strong operational capabilities and strategic market positions. By focusing on efficient mining practices and maintaining robust customer relationships, Warrior Met Coal has solidified its status as a reliable supplier of metallurgical coal on the world stage.

Warrior Met Coal continues to innovate and expand its operations, ensuring its mines operate at peak efficiency while adhering to stringent safety and environmental standards. The company's ongoing projects and partnerships are geared towards sustaining growth and enhancing shareholder value.

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Warrior Met Coal, Inc. (NYSE:HCC) declares a regular quarterly cash dividend of $0.08 per share, payable on May 13, 2024, to stockholders of record as of May 6, 2024.
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Warrior Met Coal, Inc. (NYSE: HCC) schedules its first quarter 2024 investor conference call on May 1, 2024, to discuss financial results. Participants can join via phone or webcast, with a replay option available.
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Warrior Met Coal, Inc. (NYSE: HCC) will be represented by CEO Walt Scheller and CFO Dale Boyles at the 2024 BMO Global Metals, Mining & Critical Minerals Conference from February 26 to February 28, 2024.
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Warrior Met Coal, Inc. (NYSE:HCC) announced strong financial results for Q4 and full-year 2023, with net income of $128.9 million and $478.6 million, respectively. The company achieved record sales and production volumes, generated $701.1 million in cash flows, and outlined guidance for 2024. Warrior continues to make progress in developing the Blue Creek growth project.
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Warrior Met Coal, Inc. (HCC) declares a special cash dividend of $0.50 per share, payable on March 7, 2024, to stockholders of record as of March 1, 2024.
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Warrior Met Coal, Inc. (NYSE:HCC) increases its regular quarterly cash dividend by 14%, marking the third consecutive year of dividend growth. The board of directors approved a dividend of $0.08 per share to be paid on February 26, 2024.
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Warrior Met Coal, Inc. (HCC) has published its 2023 sustainability report, showcasing its commitment to sustainability principles. The report highlights a 52% lower total incidence rate than the national average for underground coal mines, a 13% reduction in total Scope 1 and Scope 2 emissions, a 16% reduction in methane emissions, completion of a state-of-the-art dry slurry system ahead of schedule, increased training opportunities for employees, adoption of a board diversity policy, and over $1 million in donations to charitable organizations. CEO Walt Scheller emphasized the company's dedication to safety, environmental stewardship, and investment in employees and communities.
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Warrior Met Coal, Inc. announced its Q4 2023 investor conference call scheduled for February 14, 2024. The company will release its results after market trading and provide a webcast through its website. Telephone playback will be available until February 21, 2024.
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Warrior Met Coal, Inc. announces Q3 2023 results with a 51% increase in sales volumes, a decrease in net income, and a reduction in debt leverage. The company's quarterly sales volumes rose to 2.3 million short tons, while net income decreased to $85.4 million. Additionally, Warrior reduced debt leverage by nearly 50% or $146.1 million.
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Warrior Met Coal, Inc. declares quarterly cash dividend of $0.07 per share.
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FAQ

What is the current stock price of Warrior Met Coal (HCC)?

The current stock price of Warrior Met Coal (HCC) is $65.56 as of November 15, 2024.

What is the market cap of Warrior Met Coal (HCC)?

The market cap of Warrior Met Coal (HCC) is approximately 3.5B.

What does Warrior Met Coal, Inc. do?

Warrior Met Coal, Inc. produces and exports metallurgical coal, primarily for the steel industry. The company operates two underground mines in Alabama.

Where is Warrior Met Coal, Inc. headquartered?

Warrior Met Coal, Inc. is headquartered in Brookwood, Alabama.

Who are Warrior Met Coal's main customers?

Warrior Met Coal sells its metallurgical coal to blast furnace steel producers in Europe, South America, and Asia.

Does Warrior Met Coal produce anything other than coal?

Yes, Warrior Met Coal also sells natural gas extracted as a byproduct from its coal mining operations.

When was Warrior Met Coal, Inc. founded?

Warrior Met Coal, Inc. was founded in 2015.

Where are Warrior Met Coal's mines located?

Warrior Met Coal operates two underground metallurgical coal mines in Alabama, situated within the Southern Appalachia's coal seam.

What type of coal does Warrior Met Coal produce?

The company produces metallurgical coal, which is essential for steel production.

How does Warrior Met Coal generate additional revenue?

In addition to coal, the company generates revenue from the sale of natural gas extracted during its mining operations and earns royalties from leased properties.

What are the environmental practices of Warrior Met Coal?

Warrior Met Coal adheres to stringent safety and environmental standards to ensure responsible mining operations.

What are the future plans of Warrior Met Coal?

The company focuses on expanding its operations, improving efficiency, and establishing strategic partnerships to sustain growth and enhance shareholder value.

Warrior Met Coal, Inc.

NYSE:HCC

HCC Rankings

HCC Stock Data

3.50B
52.31M
1.7%
98.58%
9.21%
Coking Coal
Bituminous Coal & Lignite Mining
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United States of America
BROOKWOOD