Warrior Met Coal Q1 2025 Summary – Operational Growth Driven by Blue Creek

Warrior Met Coal reported solid Q1 2025 results, with production up 10% year-on-year, largely supported by the continued ramp-up of the Blue Creek development. Sales volumes rose 2%, reinforcing the company's strong market presence amid steady demand for high-quality U.S. met coal. Cost discipline and reliable output across three active longwalls contributed to healthy margins and strong operating cash flow, despite lower benchmark pricing. Warrior reaffirmed its full-year guidance and highlighted operational stability as a key priority.

Looking ahead, several factors may influence performance: three scheduled longwall moves (one in Q2 and two in Q3), volatility in HCC index pricing, shifts in sales geography and freight dynamics, evolving trade and tariff regulations, the exclusion of non-recurring costs, impacts from the newly ratified labor agreement, and ongoing inflationary pressures. These variables will shape Warrior’s ability to sustain its cost advantages and maintain consistent supply to global steelmakers.