Warrior Met Coal (HCC)
Mines and exports premium Alabama steelmaking coal through three underground longwall operations.
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Mines premium non-thermal steelmaking coal at three Alabama longwall operations and exports it to blast-furnace customers across Asia, Europe, and South America. Coal sales drive revenue, with ancillary natural gas and royalty income; operations remain concentrated in Alabama and tied to seaborne pricing and global steel demand.
Mines non-thermal steelmaking coal from the Mine No. 4, Mine No. 7, and Blue Creek underground operations in Alabama. Mine No. 7 produces premium low-vol hard coking coal; Mine No. 4 and Blue Creek supply High Vol A coal, while captured mine gas and property royalties provide ancillary revenue. Output is sold mainly to blast-furnace steelmakers across Asia, Europe, and South America.
Runs longwall mines and moves coal by rail or barge to export terminals around Mobile, supporting flexible access to seaborne customers. Blue Creek is fully operational and broadens the product mix after completion of its construction phase. Revenue and production depend on global steel demand and steelmaking-coal prices; all three mines remain concentrated in Alabama and subject to mining-safety, environmental, permitting, and reclamation requirements.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jun 30, 2026 | UBS | Reiterate | Rating: —Target: $105 | Target: $100 |
| Mar 27, 2026 | UBS | Reiterate | Rating: —Target: $108 | Target: $105 |
| Jan 29, 2026 | UBS | Upgrade | Target: $86 | Target: $108 |
| Jan 20, 2026 | Jefferies | Reiterate | Rating: —Target: — | Target: $120 |
| Dec 12, 2025 | UBS | Reiterate | Rating: —Target: $80 | Target: $86 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $322.5M · Total debt $235.8M · Total assets $2.90B · Shareholders' equity $2.29B
- Revenue
- $509.7M
- Operating income
- $94.5M
- Net income
- $87.4M
Unavailable right now.
| Institutions | ≈ 97.18% | 51.31M shares | |
|---|---|---|---|
| 361 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 1.85% | 976.9K shares | |
| 11 holders · as of Aug 26, 2026 | |||
| Strategic holders | 13.81% | 7.29M shares | |
| 1 holder · as of Jan 27, 2022 | |||
| Adds to | 112.84% | ||
52.80M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 112.84%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 14.15% | 7.47M | as of Jun 30, 2026 |
BlackRock, Inc.Strategic | 13.81% | 7.29M | filed Jan 27, 2022 |
State Street CorpInstitution | 7.65% | 4.04M | as of Jun 30, 2026 |
First Eagle Investment Management, LLCInstitution | 7.35% | 3.88M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 6.23% | 3.29M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 24, 2026 | Walter J. Scheller | director, officer: CHIEF EXECUTIVE OFFICER | −50,000 | $110.00 |
| Aug 19, 2026 | Brian M. Chopin | officer: CHIEF ACCOUNTING OFFICER | −3,232 | $104.02 |
| Aug 19, 2026 | Stephen D. Williams | director | −4,800 | $104.23 |
| Aug 19, 2026 | Walter J. Scheller | director, officer: CHIEF EXECUTIVE OFFICER | −50,000 | $105.00 |
| Jun 2, 2026 | Kelli K. Gant | officer: See remarks | −20,000 | $110.00 |
- Alpha Metallurgical Resources
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- Core Natural Resources
Leer longwalls contest premium met-coal export markets
- Peabody Energy
Seaborne met-coal scale with Alabama and Queensland assets
- Ramaco Resources Class A
Smaller CAPP met-coal peer with low-cost growth projects
- BHP (ADR)
Global benchmark supplier of seaborne steelmaking coal
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Warrior Met Coal | $92.52 | +4.57% | $4.67B | 21.3 | 13.1 | 2.8 | +71.3% |
| Alpha Metallurgical Resources | $186.99 | +6.55% | $2.23B | — | 48.1 | 1.1 | −10.4% |
| Core Natural Resources | $94.05 | +3.64% | $4.57B | 45.6 | 21.5 | 1.1 | +3.5% |
| Peabody Energy | $26.81 | +6.92% | $3.05B | — | 13.5 | 0.8 | +12.7% |
| Ramaco Resources Class A | $10.09 | +7.72% | $504.2M | — | — | 1.0 | −5.3% |
| BHP (ADR) | $86.91 | +0.95% | $218.70B | 22.2 | — | 3.7 | +19.9% |
| Median | 33.9 | 21.5 | 1.1 | +3.5% |







