HCC - Warrior Met Coal Inc. (HCC) Q4 2023 Earnings Call Transcript
2024-02-14 20:50:26 ET
Start Time: 16:30
End Time: 17:19
Warrior Met Coal, Inc. (HCC)
Q4 2023 Earnings Conference Call
February 14, 2024, 16:30 PM ET
Company Participants
Walter Scheller - CEO
Dale Boyles - CFO
Conference Call Participants
Lucas Pipes - B. Riley Securities
Katja Jancic - BMO Capital Markets
Nathan Martin - The Benchmark Company
Chris LaFemina - Jefferies
Presentation
Operator
Good afternoon, and welcome to the Warrior Fourth Quarter and Full Year 2023 Financial Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions]. This call is being recorded and will be available for replay on the company's website.
Before we begin, today's discussion may contain forward-looking statements, and actual results may differ materially from those discussed. For more information regarding forward-looking statements, please refer to the company's press releases and SEC filings. The company has posted reconciliations of the non-GAAP financial measures discussed during this call in the tables accompanying the company's earnings press release located on the Investors section of the company's website at www.warriormetcoal.com.
In addition to the earnings release, the company has posted a brief supplemental slide presentation to the Investors section of its website at www.warriormetcoal.com. Here today to discuss the company's results are Mr. Walt Scheller, Chief Executive Officer; and Mr. Dale Boyles, Chief Financial Officer.
I would now like to turn the conference over to Mr. Scheller. Please go ahead.
Walter Scheller
Thanks, operator. Hello, everyone, and thank you for taking the time to join us today to discuss our fourth quarter and full year 2023 results. After my remarks, Dale will review our results in additional detail, then you will have the opportunity to ask questions.
Our fourth quarter results reflect the culmination of a highly productive year for Warrior where we made meaningful progress on our strategic priorities to build significant sustainable stockholder value, and we were very pleased to end the year on a strong note. We met or exceeded both sales and production volume targets for the year, recording a 34% increase in sales volumes and a 21% increase in production volumes. These are run rates not seen since 2020....
Warrior Met Coal, Inc. (HCC) Q4 2023 Earnings Call Transcript