secwatch.observer — SEC 8-K summary
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Issuer:     WARRIOR MET COAL, INC. (HCC)
CIK:        0001691303
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001691303-24-000013
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Warrior Met Coal Q1 net income $137M ($2.62/share) down 25% YoY; Blue Creek cost baseline raised to ~$1B
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- Net income $137M ($2.62 diluted EPS) vs $182.3M ($3.51) in Q1 2023; adjusted EBITDA $200.2M vs $259.4M.
- Sales volume 2.1M short tons (+9% YoY); production 2.1M short tons (+17%) - highest quarterly production since 2020.
- Average net selling price $233.91/ton (down 9% YoY); cash cost of sales $133.48/ton (up 12%).
- Blue Creek project total cost baseline raised to $995M-$1.075B; continuous miner production start Q3 2024, longwall Q2 2026.
- Returned $30.6M to stockholders via $0.58/share in dividends; regular quarterly dividend of $0.08/share declared.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1691303/000169130324000013/0001691303-24-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1691303/000169130324000013/hcc-20240501.htm
  HTML page:      https://secwatch.observer/filing/0001691303-24-000013

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