Met Producer Forecasts
Now that I’ve wrapped up the forecasts for the US met producers, I figured I would share it here so that we can compare and contrast.
Now that I’ve wrapped up the forecasts for the US met producers, I figured I would share it here so that we can compare and contrast.
US metallurgical producers comparison of costs and profit margins to get a sense of their inherent competitive advantages.
After the close today, Warrior Met announced a tender offer for its 7.875% senior secure notes due in 2028:
The market had a positive reaction to Alpha’s earnings, up 8% on the day in sharp contract to Warrior’s earnings reaction, which was down 11%.
Things I got wrong… Erroneous items I failed to anticipate… Going forward and the investment thesis.
With most of the Q2 2023 MSHA coal production numbers in, I think its time to look under the hood and see what’s going on.
Along w/ a markets and technical analysis review of each US coal producer
I dig into the fundamentals of Warrior Met (HCC) and discuss how this coal producer is different from it’s peers in quite a provocative way.