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Warrior Met Coal Inc (HCC) delivers high-quality metallurgical coal critical for global steel production, operating strategic underground mines in Alabama. This news hub provides investors and industry stakeholders with timely updates on operational developments, financial performance, and market positioning.
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Warrior Met Coal (NYSE:HCC), a U.S.-based supplier of metallurgical coal to the global steel industry, has announced a regular quarterly cash dividend of $0.08 per share. The dividend will be paid on August 13, 2024, to stockholders of record as of the close of business on August 6, 2024. Warrior specializes in mining non-thermal metallurgical coal, which is a critical component in steel production. The company operates efficient longwall operations in underground mines in Alabama, producing premium quality hard coking coal (HCC) from the Blue Creek coal seam. This HCC is characterized by very low sulfur content and strong coking properties, making it ideal as a base feed coal for steel makers globally.
Warrior Met Coal (NYSE: HCC) has announced its schedule for the second quarter 2024 earnings release and investor conference call. The company will release its Q2 2024 results after market close on Thursday, August 1, 2024, followed by an investor conference call at 4:30 p.m. ET the same day. Interested parties can participate in the call by dialing 1-844-340-9047 (domestic) or 1-412-858-5206 (international) and referencing the Warrior Met Coal conference call.
A webcast of the conference call will be available through the Investor section of Warrior's website, with an archived replay also accessible. Additionally, a telephone playback will be available from 6:30 p.m. ET on August 1 until 6:30 p.m. ET on August 8, 2024, by calling 1-877-344-7529 (domestic) or 1-412-317-0088 (international) with passcode 8283685.
Warrior Met Coal (NYSE: HCC) announced that CEO Walt Scheller and CFO Dale Boyles will attend the B. Riley Securities 24th Annual Institutional Investor Conference on May 22, 2024.
Warrior is a U.S.-based, environmentally and socially conscious supplier of premium-quality metallurgical coal, a key component in steel production. They operate efficient longwall mining operations in Alabama, producing low-sulfur hard-coking coal (HCC) from the Blue Creek coal seam. Warrior's HCC is primarily exported to steel manufacturers in Europe, South America, and Asia.
For more information, visit www.warriormetcoal.com.
Warrior Met Coal, Inc. reported net income of $137.0 million and adjusted EBITDA of $200.2 million for the first quarter of 2024. The company invested in the ongoing development of the Blue Creek growth project, achieved a 9% increase in sales volumes, and continued returning value to stockholders. Despite challenges in the market, Warrior remains optimistic and re-affirmed its outlook for 2024.