Sector: Basic Materials | Industry: Steel |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 16243 Highway 216 BROOKWOOD AL 35444-3058 |
Tel: | N/A |
Website: | https://warriormetcoal.com |
IR: | See website |
Key People | ||
Walter J. Scheller Chief Executive Officer, Director | Dale W. Boyles Chief Financial Officer | Jack K. Richardson Chief Operating Officer |
Brian M. Chopin Chief Accounting Officer, Controller | Kelli K. Gant Chief Administrative Officer, Corporate Secretary | Charles Lussier Chief Commercial Officer |
Business Overview |
Warrior Met Coal, Inc. is a producer and exporter of steelmaking coal, also known as hard coking coal (HCC), operating longwall operations in its underground mines based in Alabama. The Company's two operating mines, Mine No. 4 and Mine No. 7, and Blue Creek are located approximately 300 miles from its export terminal at the Port of Mobile in Alabama. The Company sells its coal to a diversified customer base of blast furnace steel producers, primarily located in Europe, South America and Asia. The Company's HCC, mined from the Southern Appalachian region of the United States, is characterized by low-to-high volatile matter (VM) and high coke strength after reaction (CSR). Mine No.7 operates two longwalls, while Mine No.4 runs a single longwall. Mine No. 4 and Mine No. 7 are located approximately 20 miles east of Tuscaloosa, Alabama and 30 miles southwest of Birmingham, Alabama. |
Financial Overview |
For the fiscal year ended 31 December 2023, Warrior Met Coal Inc revenues decreased 4% to $1.68B. Net income decreased 25% to $478.6M. Revenues reflect All other segment decrease of 8% to $28.6M. Net income also reflects Loss on early extinguishment of debt increase from $0K to $11.7M (expense), Depreciation and depletion - Bala increase of 8% to $105.6M (expense). Dividend per share increased from $0.24 to $0.28. |
Employees: | 432 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $2,672M as of Dec 31, 2023 |
Annual revenue (TTM): | $1,677M as of Dec 31, 2023 |
EBITDA (TTM): | $677.05M as of Dec 31, 2023 |
Net annual income (TTM): | $478.63M as of Dec 31, 2023 |
Free cash flow (TTM): | $115.25M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 52,297,273 as of Mar 4, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |