Streetbeat News

HCC

Warrior Met Coal, Inc.

Industry

Coal

Warrior Met Coal, Inc. produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production. Warrior Met Coal, Inc. was incorporated in 2015 and is headquartered in Brookwood, Alabama.

Open

66.06

Mkt cap

3.6B

Volume

548K

High

68.65

P/E Ratio

9.44

52-wk high

75.53

Low

66.06

Div yield

0.01

52-wk low

50.60

AM Best has revised the outlooks to negative from stable for the Financial Strength Rating and Issuer Credit Rating of Tokio Marine HCC Mexico Compañía Afianzadora, S.A. de C.V., while affirming its ratings. The Mexico National Scale Rating remains stable.

Portfolio Pulse from

November 15, 2024 | 5:15 pm

Tokio Marine HCC's ratings of A++ and AA- have been affirmed by AM Best and Fitch Ratings, with a stable outlook.

Portfolio Pulse from

November 12, 2024 | 3:15 pm

B. Riley Securities has maintained a Buy rating on Warrior Met Coal and raised its price target from $89 to $90.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 5:52 pm

Warrior Met Coal reported Q3 2024 earnings per share of $0.80, surpassing the analyst estimate of $0.75. Sales were $327.72 million, also beating the estimate of $323.955 million. However, sales decreased by 22.61% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:34 pm

Warrior Met Coal (NYSE:HCC) has seen a 3.74% increase in its short percent of float, now at 13.31%. This is higher than its peers' average of 4.11%. It would take traders 5.5 days to cover short positions. Increased short interest can indicate bearish sentiment but may also present bullish opportunities.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 1:00 pm

Warrior Met Coal (NYSE:HCC) has seen a 4.39% increase in its short percent of float, now at 12.83%, indicating a bearish sentiment among investors. This is higher than the peer group average of 4.83%. It would take traders 5.66 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 1:30 pm

Coal company shares are rising due to a report that China plans to issue up to $284 billion in sovereign debt for economic stimulus.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 2:52 pm

Coal company shares are rising, potentially due to China's stimulus measures. This development may positively impact US-listed coal companies such as Arch Resources, Peabody Energy, and CONSOL Energy.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 7:23 pm

U.S. metals and mining stocks experienced their strongest one-day rally of 2024 due to China's significant monetary easing. The SPDR S&P Metals & Mining ETF (XME) surged 4.2%, while the Global X Copper Miners ETF (COPX) and Global X Silver Miners ETF (SIL) also posted gains. Key performers included MP Materials Corp., Ramaco Resources, Warrior Met Coal, Alcoa Corporation, and Cleveland-Cliffs Inc.

Portfolio Pulse from Piero Cingari

September 24, 2024 | 3:25 pm

B. Riley Securities has maintained a Buy rating on Warrior Met Coal (NYSE:HCC) but has slightly lowered the price target from $92 to $90.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 3:14 pm

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