Warrior Met Coal

The stock of Warrior Met Coal rose to a record high of $111.31, marking a year-to-date gain of 96.07% and a one-year return of 87%. InvestingPro rates the stock slightly above its fair value. In the second quarter the company beat expectations with adjusted earnings of $1.65 per share and revenue of $509.7 million, driven by ramp-up at the Blue Creek Mine and higher margins; net income rose to $87 million versus $6 million a year earlier. » More on de.investing.com

Shares of Warrior Met Coal rose to an all-time high of $110.44, gaining 82.58% over the past 12 months. The company has a market capitalization of $5.8 billion and trades at a P/E of 26. In the second quarter, Warrior Met Coal beat expectations with adjusted earnings of $1.65 per share (expectation $1.50) and revenue of $509.7 million (expectation $483.1 million); net income climbed to $87 million versus $6 million a year earlier, helped by the ramp-up of the Blue Creek mine. » More on de.investing.com

Warrior Met Coal reported adjusted earnings of $1.65 per share and revenue of $509.7 million in the second quarter, beating analysts’ expectations. Drivers were the ramp‑up of the Blue‑Creek mine, record shipments of 3.7 million short tons, higher production and improved margins; adjusted EBITDA rose to $157 million. The company raised its full‑year shipment outlook, expects higher cash flows in H2 and is placing greater focus on capital returns, but warned of price pressure and freight‑rate risks. » More on de.investing.com