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Warrior Met Coal Increases Credit Facility Ahead of Blue Creek Launch

 

 

September 4, 2025 - Warrior Met Coal, Inc. (NYSE:HCC) has amended and extended its existing revolving credit facility, increasing available commitments by $27 million to $143 million total. The maturity date has been extended to August 28, 2030, or 91 days prior to the maturity of the company’s 7.875% Senior Notes due 2028, whichever comes first. The $2.99 billion market cap company maintains a strong balance sheet, with InvestingPro data showing more cash than debt and a healthy current ratio of 4.59.

The expanded credit facility comes as Warrior prepares for the longwall startup at its Blue Creek growth project, which the company expects will increase its annual production volumes by approximately 75%. The additional liquidity is intended to support operational growth as Blue Creek ramps up to full capacity. This expansion comes as the company generated $1.22 billion in revenue over the last twelve months.

Warrior Met Coal is a U.S.-based supplier of metallurgical coal to the global steel industry, operating longwall mining operations in Alabama. The company produces hard coking coal with low sulfur content from the Blue Creek coal seam.

The announcement was made in a company press release, which described Blue Creek as a "transformational" growth project for the firm. Warrior Met Coal exports premium quality metallurgical coal to steel manufacturers in Europe, South America, and Asia.

 

In other recent news, Warrior Met Coal reported its second-quarter 2025 earnings, showcasing a notable earnings per share (EPS) of $0.11, which significantly surpassed the forecasted $-0.26. The company also reported revenue of $297.52 million, slightly exceeding the forecast of $288.82 million. Jefferies responded to these results by raising its price target for Warrior Met Coal to $70.00, maintaining a Buy rating. The earnings beat was largely attributed to Blue Creek volumes entering the market earlier than expected. Similarly, BMO Capital increased its price target to $55.00 from $50.00, while maintaining a Market Perform rating. BMO noted that the earnings beat was primarily due to lower costs. Warrior Met Coal’s second-quarter EBITDA was reported at $54 million, which exceeded both BMO Capital’s and consensus estimates of approximately $29 million each. These recent developments have placed Warrior Met Coal in a favorable position among analysts.