Warrior Met Coal Q2 net income $70.7M ($1.35 EPS), revenue $396.5M; Blue Creek on track

WARRIOR MET COAL, INC.

2024-Q2 EPS reported $3.97 revenue$900,036,000

Net income of $70.7M ($1.35 diluted EPS) vs $82.1M ($1.58) in Q2 2023; adjusted EPS $1.35 vs $1.64.
Revenue $396.5M, up 4% YoY; sales volume 2.1M short tons (+18%), production 2.2M short tons (+13%).
Adjusted EBITDA $115.9M, down from $130.0M; cash flow from ops $147.0M.
Blue Creek project: $84.1M invested in Q2; first continuous miner unit expected in Q3 2024; longwall startup Q2 2026.
Regular quarterly dividend of $0.08/share declared, payable Aug 13 to holders of record Aug 6.

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