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Coal Outperformance

www.alphaletter.co

Coal Outperformance

Grit Alpha
Feb 22, 2022
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Coal Outperformance

www.alphaletter.co

Quick update to all readers here.

Warrior Met Coal (HCC) reported fourth quarter results today, which blew away my estimates.

  • Revenues $415 million

  • Operating income $184 million

  • Net income $138 million

  • Adjusted EBITDA $240 million

In the quarter Warrior produced 1.1 million tons and sold 1.4 million tons, still below the 2020 levels of 2.2 million tons sold …

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