Warrior Met Coal Raises Full-Year Guidance: Blue Creek Mine Adds Incremental Volume

Warrior Met Coal's second-quarter sales rose 65% as the Blue Creek mine started production, and the company raised its full-year outlook.

Project Ramp-Up

On August 8, 2026, Warrior Met Coal reported its second-quarter results. Driven by the startup of the Blue Creek mine, sales and cash generation improved significantly, and management raised its full-year sales and production outlook. CEO Walt Scheller called the quarter a "critical inflection point," citing record sales, improved prices and lower costs.

Raised Production Guidance

Quarterly free cash flow exceeded $103 million, and first-half free cash flow turned positive at $11 million. CFO Dale Boyles said the financial improvement was driven by a 65% increase in sales, a 6% rise in average net selling price to $138 per short ton (from $130 in the year-ago period), and a 9% decline in cash costs. High-volatile coal accounted for 66% of the quarter's sales mix.