Warrior Met Coal Inc

Latest Results (07.10.2025):

Warrior Met Coal Inc reported its financial results for the first quarter of 2025, highlighting a net loss of $8.2 million due to significantly weaker steelmaking coal market conditions. Despite the challenges, the company achieved a 10% increase in production volumes and maintained positive operating cash flows through effective cost management and progress on the Blue Creek project.

Net Loss and Adjusted EBITDA Decline

In Q1 2025, Warrior Met Coal Inc reported a net loss of $8.2 million, or $0.16 per diluted share, compared to a net income of $137.0 million in Q1 2024. Adjusted EBITDA declined to $39.5 million from $200.2 million year-over-year, primarily due to a 40% decrease in the index price for premium low-vol steelmaking coal.

Increase in Production and Sales Volumes

The company saw a 10% rise in total production volumes to 2.3 million short tons and a 2% increase in sales volumes to 2.2 million short tons in the first quarter of 2025, driven by the Blue Creek growth project.

Effective Cost Management

Warrior Met Coal Inc successfully reduced the cash cost of sales per short ton to $112.35, down from $133.48 in Q1 2024, through a variable cost model that managed wages, transportation, and royalties despite lower coal prices.

Progress on Blue Creek Project

The Blue Creek longwall project remains on track, with the first longwall panel producing 251 thousand short tons in Q1 2025 and the startup expected by Q2 2026, supporting future production growth.

Positive Operating Cash Flow

Despite challenging market conditions, Warrior Met Coal Inc generated $10.9 million in cash from operating activities in Q1 2025, maintaining positive cash margins through strong operational performance.