earnings
confidence high
sentiment positive
materiality 0.85
Warrior Met Coal Q4 net income $138.5M vs loss; Adj EBITDA $240.2M; guides 5.5-6.5M tons for 2022
WARRIOR MET COAL, INC.
2021-FY EPS reported
$2.93
revenue$1,059,216,000
- Net income of $138.5M ($2.68 EPS) vs net loss of $33.7M (-$0.66) in Q4 2020; adjusted EPS $3.17.
- Adjusted EBITDA $240.2M in Q4 2021 vs $9.2M in Q4 2020; full year Adj EBITDA $457.0M vs $108.3M.
- Average met coal price $273.84/ton (+193% YoY); sales 1.4M tons (-36% YoY); production 1.1M tons.
- Refinanced with $350M 7.875% notes due 2028; redeemed existing 8% notes; loss on extinguish $9.7M.
- 2022 outlook: 5.5-6.5M short tons production and sales under ongoing UMWA strike; dividend $0.06/share.