Every material Form 8-K Warrior Met Coal filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Warrior Met Coal reported third quarter 2024 net income of $41.8 million, or $0.80 per diluted share, down from $85.4 million, or $1.64 per share, a year earlier. Total revenues fell to $327.7 million from $423.5 million as the average net selling price of steelmaking coal dropped 6.9%, and the company reaffirmed its full-year 2024 guidance. For shareholders, the filing shows weaker earnings and negative free cash flow during the Blue Creek project build-out.
Total revenues were $327.7 million versus $423.5 million in Q3 2023; average net selling price fell 6.9% to $171.92 per short ton.
Adjusted EBITDA was $78.5 million versus $145.8 million in Q3 2023.
Operating cash flow was $62.2 million; free cash flow was negative $60.6 million versus $26.2 million a year earlier.
Full-year 2024 guidance was re-affirmed; a regular quarterly dividend of $0.08 per share is payable November 12, 2024.
Warrior Met Coal reported second quarter 2024 net income of $70.7 million, or $1.35 per diluted share, down from $82.1 million, or $1.58 per diluted share, a year earlier. Total revenues rose to $396.5 million from $379.7 million as sales volume grew 18%, while the average net selling price fell 11%. The company re-affirmed its 2024 guidance, so shareholders see weaker profit alongside higher sales and unchanged full-year targets.
Net income $70.7 million ($1.35 per diluted share) vs. $82.1 million ($1.58) in Q2 2023
Total revenues $396.5 million vs. $379.7 million; sales volume 2.1 million short tons, up 18%
Average net selling price fell 11% to $186.09 per short ton from $208.56
Cash flow from operations $147.0 million vs. $124.5 million; 2024 guidance re-affirmed
Warrior Met Coal reported first quarter 2024 net income of $137.0 million, or $2.62 per diluted share, down from $182.3 million, or $3.51 per diluted share, a year earlier. Total revenues were $503.5 million, compared with $509.7 million, and Adjusted EBITDA fell to $200.2 million from $259.4 million. The company kept its full-year 2024 sales, production and cost guidance unchanged, while noting weaker steelmaking coal prices since early March.
Net income $137.0 million ($2.62 per diluted share) vs. $182.3 million ($3.51) in Q1 2023
Total revenues $503.5 million vs. $509.7 million; Adjusted EBITDA $200.2 million vs. $259.4 million
Sales volume rose 9% to 2.1 million short tons, but average net selling price fell 9% to $233.91 per short ton
2024 guidance re-affirmed, including coal sales of 7.4 to 8.2 million short tons; $0.58 per share returned to stockholders in Q1
Warrior Met Coal reported fourth-quarter 2023 net income of $128.9 million, or $2.47 per diluted share, up from $1.93 a year earlier, on total revenues of $363.8 million. For the full year, net income fell to $478.6 million, or $9.20 per diluted share, from $641.3 million, as total revenues declined to $1.68 billion from $1.74 billion. The company also issued 2024 guidance and said Blue Creek project scope changes will require $120 million to $130 million in added capital spending, with cost inflation of 25% to 35%, which bears on future shareholder returns.
Q4 2023 net income $128.9 million ($2.47 per diluted share) vs. $99.7 million ($1.93) in Q4 2022; Q4 total revenues $363.8 million vs. $344.8 million
Full-year 2023 net income $478.6 million ($9.20 per diluted share) vs. $641.3 million ($12.40) in 2022; full-year total revenues $1.68 billion vs. $1.74 billion
Blue Creek scope changes add $120 million to $130 million in capital expenditures on top of the $700 million original estimate; cost inflation of 25% to 35% reported
2024 guidance: coal sales 7.4 to 8.2 million short tons, coal production 7.4 to 8.0 million short tons, cash cost of sales $125 to $135 per short ton
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Warrior Met Coal filing is on SEC EDGAR ↗. 8-K briefs of other companies →