HCC Stock Recent News

Third Avenue Value Fund (Trades, Portfolio), founded by the late Marty Whitman, disclosed this week that its top five trades during the first quarter included new buys in Compania Sud America de Vapores SA ( XSGO:VAPORES , Financial), Ultrapar Participacoes SA ( BSP:UGPA3 , Financial) and Taiheiyo Cement Corp. ( TSE:5233 , Financial). The fund also trimmed its holdings of Warrior Met Coal ( HCC , Financial) and Bank of Ireland Group Inc. ( LSE:BIRG , Financial).

Warrior Met Coal is an important metallurgical coal producer, taking advantage of the exceptionally strong met coal market in the past few months. The Q1 free cash flow was excellent, and I expect Q2 to at least equal the Q1 performance (subject to shipping delays).

Warrior Met Coal, Inc. (NYSE:HCC ) Q1 2022 Results Conference Call May 5, 2022 4:30 PM ET Company Participants Walt Scheller - CEO Dale Boyles - CFO Conference Call Participants David Gagliano - BMO Capital Markets Lucas Pipes - B. Riley Securities Nathan Martin - The Benchmark Company Operator Good afternoon.

Warrior Met Coal HCC, -1.73% announced Tuesday that it will pay a special dividend of 50 cents a share, and said it was relaunching development of its Blue Creek coal project in Alabama. The special dividend is payable on May 20 to shareholders of record on May 13.

Warrior Met Coal's (HCC) first-quarter earnings are likely to have benefited from strong met coal demand and a recovery in coal prices.