Warrior Met Coal Inc (MEX:HCC)

MXN 1050 0 (0%) Market Cap: 55.66 Bil Enterprise Value: 44.81 Bil PE Ratio: 6.64 PB Ratio: 1.37 GF Score: 81/100

Q2 2024 Warrior Met Coal Inc Earnings Call Transcript

Aug 1, 2024 / 08:30 PM GMT

Release Date Price: MXN1050

Transcript 10-Q8-K

Key Points

Positve

Warrior Met Coal Inc (HCC) achieved double-digit increases in both sales and production volumes despite weaker global demand.
The company generated $147 million of cash from operations, resulting in free cash flow of $25 million after funding $122 million of CapEx and mine development.
Significant progress was made on the Blue Creek project, with major components for seam access completed on schedule.
Warrior Met Coal Inc (HCC) reported a consolidated gross price realization of 90% in the second quarter.
The company has a strong liquidity position with $816 million in total available liquidity, including $709 million in cash and cash equivalents.

Negative

Global steelmaking coal prices experienced a sharp decline, impacting the company's financial performance.
The company faced challenges with the temporary loss of the barging system due to lock failures, which could affect transportation costs.
Net income decreased to $71 million in Q2 2024 from $82 million in Q2 2023, driven by an 11% lower average net selling price.
Adjusted EBITDA margin decreased to 29% in Q2 2024 from 34% in Q2 2023.
Cash cost of sales increased to $260 million in Q2 2024 from $229 million in Q2 2023, driven by higher sales volumes and employee wages.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

HCC.N - Warrior Met Coal Inc
Q2 2024 Warrior Met Coal Inc Earnings Call
Aug 01, 2024 / 08:30PM GMT

=====================
Conference Call Participants
=====================
* D'Andre Wright
* Walter Scheller
* Dale Boyles
* Lucas Pipes
* Nathan Martin
* Katja Jancic

=====================
Presentation
--------------------------------------------------------------------------------
Operator [1]
--------------------------------------------------------------------------------
Good afternoon. My name is Drew, and I will be your conference call operator today. At this time, I would like to welcome everyone to the Warrior Second Quarter 2024 Financial Results Conference Call. [Operator Instructions] This call is being recorded and will be available for replay on the company's website. I would like to turn the conference over to D'Andre Wright, Vice President of External Affairs and Communications. Please go ahead.

--------------------------------------------------------------------

Already have an account? Log in

Get the full story

Start 7-Day Free Trial

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

You are not charged until the trial ends. Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.