Warrior Met Coal (NYSE:HCC) 주식

WARRIOR MET COAL INC

Warrior Met Coal

Warrior Met Coal Inc is a U.S based company. It produces and exports of met coal that operates underground mines in Alabama. The company sells to steels manufacturers in Europe, Asia, and South America. Its mining operations consist of two underground met coal mines in Southern Appalachia's coal seam and other surface met and thermal coal mines. The Company generates ancillary revenues from the sale of natural gas extracted as a byproduct from the underground coal mines and royalty revenues from leased properties.

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월가와 시장 전문가들은 예상치 못한 업계 역학 관계에 따라 석탄 주가를 면밀히 모니터링하고 있다. CNBC의 짐 크레이머는 석탄 섹터의 잠재적 부활을 암시했다. 

짐 크레이머, 트럼프의 에너지 아젠다 논쟁 속 석탄 주식 상승 시사

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2024년 5월 2일 주요 광업 뉴스 워리어 멧 콜(NYSE:HCC)는 앨라배마주 브룩우드에 본사를 둔 이 회사는 순이익 1억 3,700만 달러, 매출 5억 351.2만 달러, 조정 EBITDA 2억 20만 달러로 1분기 결과를 보고했다.

목요일 주요 광업 뉴스: 워리어 멧 콜, 마테리온, 콘탱고 ORE, 아르셀로미탈

Warrior Met Coal Inc

HEALTHCARE CORP AMER by Healthcare Corporation of America

HERITAGE CRYSTAL CLEAN INC COM

In the current market session, Warrior Met Coal Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) price is at $49.58, after a 7.48% spike. However, over the past month, the stock fell by 3.51%, and in the past year, by 15.45%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2025/1740422716_0.png" alt="Past Year Chart" />

<h3>Warrior Met Coal P/E Compared to Competitors</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Compared to the aggregate P/E ratio of the 17.16 in the Metals &amp; Mining industry, Warrior Met Coal Inc. has a lower P/E ratio of 9.65. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1740422716_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

A Look Into Warrior Met Coal Inc's Price Over Earnings

B. Riley Securities analyst Nick Giles maintains Warrior Met Coal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) with a Buy and lowers the price target from $90 to $86.

Price Target

Analyst Ratings

B. Riley Securities Maintains Buy on Warrior Met Coal, Lowers Price Target to $86

Benchmark analyst Nathan Martin reiterates Warrior Met Coal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) from Hold to Hold.

Reiteration

Benchmark Reiterates Hold on Warrior Met Coalto Hold

WIIM

Warrior Met Coal shares are trading lower after the company missed Q4 earnings and revenue estimates.

Warrior Met Coal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) reported quarterly earnings of $0.15 per share which missed the analyst consensus estimate of $0.43 by 65.12 percent. This is a 93.98 percent decrease over earnings of $2.49 per share from the same period last year. The company reported quarterly sales of $297.46 million which missed the analyst consensus estimate of $306.74 million by 3.02 percent. This is a 18.23 percent decrease over sales of $363.80 million the same period last year.

Earnings

Earnings Misses

Warrior Met Coal Q4 Adj EPS $0.15 Misses $0.43 Estimate, Sales $297.46M Miss $306.74M Estimate

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Earnings Scheduled For February 13, 2025

Wall Street personalities and market watchers are closely monitoring coal stocks following unexpected industry dynamics, with CNBC&#8217;s Jim Cramer hinting at a potential sector resurgence.
What Happened: Cramer&#8217;s cryptic Wednesday post on X, questioning &#8220;And what if coal makes a comeback??? Stay tuned&#8230;&#8221;, preceded a notable decline in coal-related equities.
Major industry players like Peabody Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>) and Warrior Met Coal Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) experienced significant price corrections, with the Exchange Traded Concepts Trust Range Global Coal Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COAL#NYSE">COAL</a>) dropping 2.20%.
The potential shift comes amid President Donald Trump&#8216;s aggressive energy infrastructure plans, which emphasize expanding <a href="https://www.benzinga.com/government/regulations/25/01/42865106/trump-vows-to-power-ai-boom-with-expanded-oil-drilling-need-double-the-electricity-at-least-that-we-have-right-now">domestic drilling and electricity production</a> to support the <a href="https://www.benzinga.com/25/01/43111153/nvidia-and-ai-stock-rises-as-trump-announces-500-billion-stargate-ai-infrastructure-venture">burgeoning artificial intelligence sector</a>. 
Trump has pledged to unlock 625 million acres of offshore reserves <a href="https://www.benzinga.com/government/regulations/25/01/42865106/trump-vows-to-power-ai-boom-with-expanded-oil-drilling-need-double-the-electricity-at-least-that-we-have-right-now">valued at $50-$60 trillion</a>, directly challenging existing environmental restrictions.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">And what if coal makes a comeback??? Stay tuned&#8230; <a href="https://twitter.com/MadMoneyOnCNBC?ref_src=twsrc%5Etfw">@MadMoneyOnCNBC</a>
&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1882212612391506216?ref_src=twsrc%5Etfw">January 22, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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See Also: <a href="https://www.benzinga.com/general/entertainment/25/01/43150781/netflix-crushed-q4-thanks-to-sports-squid-game-says-gary-black-analyst-highlights-low-attrition-despite-price-hikes-predicts-stock-upside">Netflix Crushed Q4 Thanks To Sports, Squid Game, Says Gary Black: Analyst Highlights Low Attrition Despite Price Hikes, Predicts Stock Upside</a>
Why It Matters: Notably, the AI-driven energy transformation is sparking unprecedented electricity demand. The Department of Energy projects AI-related data center electricity consumption <a href="https://www.benzinga.com/news/25/01/43107819/i-wish-i-couldve-predicted-it-the-27-billion-gas-deal-behind-ais-energy-appetite">could triple within three years</a>, forcing a reevaluation of traditional energy strategies.
Energy consultancy Enverus <a href="https://www.benzinga.com/news/25/01/43107819/i-wish-i-couldve-predicted-it-the-27-billion-gas-deal-behind-ais-energy-appetite">projects 80 new gas-fired plants</a> will be constructed by 2030, adding 46 gigawatts of power capacity. This expansion represents a 20% increase over recent construction rates and signals a potential renaissance for fossil fuel infrastructure.
Major tech companies are already positioning themselves strategically. Meta Platforms Inc. plans to power a $10 billion AI data center through a $3.2 billion gas plant expansion exemplifies the <a href="https://www.benzinga.com/news/25/01/43107819/i-wish-i-couldve-predicted-it-the-27-billion-gas-deal-behind-ais-energy-appetite">industry&#8217;s current trajectory</a>.
While renewable energy development continues, industry leaders argue that current battery technologies cannot match gas plants&#8217; reliability for <a href="https://www.benzinga.com/news/25/01/43107819/i-wish-i-couldve-predicted-it-the-27-billion-gas-deal-behind-ais-energy-appetite">power-intensive AI operations</a>. 
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/25/01/43150793/nvidia-supplier-sk-hynix-soars-102-in-revenue-but-stock-slides-310-despite-ai-memory-boom">Nvidia Supplier SK Hynix Soars 102% In Revenue, But Stock Drops Despite AI Memory Boom</a></li>
</ul>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Jim Cramer Hints At Coal 'Comeback' As Stocks Dip, Trump's Energy Agenda Fuels Debate

Jefferies analyst Chris LaFemina maintains Warrior Met Coal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) with a Buy and lowers the price target from $75 to $65.

Jefferies Maintains Buy on Warrior Met Coal, Lowers Price Target to $65

Warrior Met Coal's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) short percent of float has risen 14.86% since its last report. The company recently reported that it has 5.26 million shares sold short, which is 13.99% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.83 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Warrior Met Coal Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733247024_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Warrior Met Coal has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Warrior Met Coal's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Warrior Met Coal's peer group average for short interest as a percentage of float is 3.96%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

(HCC) - Analyzing Warrior Met Coal's Short Interest

B. Riley Securities analyst Lucas Pipes maintains Warrior Met Coal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) with a Buy and raises the price target from $89 to $90.

B. Riley Securities Maintains Buy on Warrior Met Coal, Raises Price Target to $90

Warrior Met Coal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) reported quarterly earnings of $0.80 per share which beat the analyst consensus estimate of $0.75 by 6.67 percent. The company reported quarterly sales of $327.720 million which beat the analyst consensus estimate of $323.955 million by 1.16 percent. This is a 22.61 percent decrease over sales of $423.487 million the same period last year.

Earnings Beats

Warrior Met Coal Q3 2024 Adj. EPS $0.80 Beats $0.75 Estimate, Sales $327.720M Beat $323.955M Estimate

Warrior Met Coal's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) short percent of float has risen 3.74% since its last report. The company recently reported that it has 5.00 million shares sold short, which is 13.31% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.5 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Warrior Met Coal Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729774823_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Warrior Met Coal has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Warrior Met Coal's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Warrior Met Coal's peer group average for short interest as a percentage of float is 4.11%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Warrior Met Coal's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) short percent of float has risen 4.39% since its last report. The company recently reported that it has 4.83 million shares sold short, which is 12.83% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.66 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Warrior Met Coal Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728307817_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Warrior Met Coal has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Warrior Met Coal's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Warrior Met Coal's peer group average for short interest as a percentage of float is 4.83%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

ARCH

METC

Shares of coal companies are trading higher following a report suggesting China will issue up to $284 billion of sovereign debt as part of a stimulus.

CEIX

Shares of coal companies are trading higher in possible reaction to China's stimulus.

U.S. metals and mining stocks posted their strongest one-day rally of 2024 on Tuesday, driven by China&#8217;s unexpected <a href="https://www.benzinga.com/markets/asia/24/09/41003814/chinese-stocks-jump-as-central-bank-unveils-major-stimulus-to-spur-economy-a-step-in-the-right-direc">and substantial monetary easing. </a>
The People&#8217;s Bank of China&#8217;s (PBoC) stimulus measures, including cuts to the reserve requirement ratio and repo rates, boosted global demand for raw materials, sparking a surge in metal prices and mining stocks.
The SPDR S&amp;P Metals &amp; Mining ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XME#NYSE">XME</a>) surged 4.2%, marking its best one-day performance since November 2023. The move reflected heightened optimism in the sector, which benefits heavily from demand in China, the world's largest consumer of raw materials.
<h3 class="wp-block-heading">Chart: Metals &amp; Mining Stocks Mark Best Day In Almost A Year</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="371" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24101235/image-190-1024x371.png" alt="" class="wp-image-563348" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24101235/image-190-1024x371.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24101235/image-190-300x109.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24101235/image-190-768x278.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24101235/image-190-1536x556.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24101235/image-190.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Image: <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092424&amp;t=be2bearmibe3na1">Benzinga Pro</a></figcaption></figure>
<h3 class="wp-block-heading">Precious, Industrial Metals Shine</h3>
Gold prices hit yet another fresh record on Tuesday, rising 0.3% to $2,638 per ounce, the highest in history, as the metal benefited from expectations of higher liquidity from global central banks. 
The People&#8217;s Bank of China&#8217;s 50-basis-point cut to the reserve requirement ratio is expected to boost bank lending, while the reduction in key interest rates provides relief to heavily indebted sectors. This move is also seen as a strong signal that further monetary easing may be on the horizon.
Silver jumped 1.2%, while copper saw an even bigger rally, surging over 3%. The broad gains in metals prices were driven by expectations of increased Chinese demand, as the country&#8217;s easing measures are aimed at stimulating domestic economic activity.
Last week, the Federal Reserve slashed interest rates by 50 basis points to 4.75%-5%, offering another strong tailwind to metal commodities. 
<h3 class="wp-block-heading">Mining Stocks, ETFs Post Gains</h3>
Mining-related stocks and ETFs are enjoying strong performance Tuesday. The Global X Copper Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COPX#NYSE">COPX</a>) climbed over 6%, reflecting the sharp increase in copper prices, while the Global X Silver Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SIL#NYSE">SIL</a>) rose 2%.
Here's a look at the five strongest performers within the SPDR S&amp;P Metals &amp; Mining ETF stocks on Tuesday
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>Price</th>
<th>1-Day Return</th>
</tr>
</thead>
<tbody>
<tr>
<td>MP Materials Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MP#NYSE">MP</a>)</td>
<td>$15.72</td>
<td>+10.48%</td>
</tr>
<tr>
<td>Ramaco Resources, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/METC#NYSE">METC</a>)</td>
<td>$11.04</td>
<td>+8.83%</td>
</tr>
<tr>
<td>Warrior Met Coal, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>)</td>
<td>$59.94</td>
<td>+7.81%</td>
</tr>
<tr>
<td>Alcoa Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>)</td>
<td>$36.78</td>
<td>+7.45%</td>
</tr>
<tr>
<td>Cleveland-Cliffs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>)</td>
<td>$12.74</td>
<td>+7.36%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 10:30 a.m. ET Photo via Shutterstock. </figcaption></figure>

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Gold Breaks Records On China's Policy Stimulus: Mining, Metal Stocks Exhibit Strongest 1-Day Rally In 2024

B. Riley Securities analyst Lucas Pipes maintains Warrior Met Coal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) with a Buy and lowers the price target from $92 to $90.

B. Riley Securities Maintains Buy on Warrior Met Coal, Lowers Price Target to $90

ARLP

Shares of coal companies are trading lower amid a drop in the price of the commodity. Weakness may be due to August's ISM Manufacturing PMI data indicating an economic contraction and pending non-farm payrolls data that may determine the size of future rate cuts.

First Trust Global Wind Energy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FAN#NYSE">FAN</a>), which follows the wind energy industry, is up 4% since January and <a href="https://www.benzinga.com/topic/wind">6.6% in the past year</a>.
The coal industry, meanwhile, has been facing setbacks from the investment community for several years. 
The obvious shift to <a href="https://www.benzinga.com/topic/clean-energy">clean energy sources</a> hasn't yet been enough to declare coal's definitive demise, but concerns over climate change from fossil fuel burning have caused many firms and individuals to drop coal-related holdings.
However, continued dependence on coal burning abroad continues to be a lifeline for coal companies in the U.S., pushing the industry into a sharp contrast to the clean energy sector, which has struggled to outperform the market in 2024.
<h3 class="wp-block-heading">Is Coal Dead? Some Don't Think So</h3>
In 2020, the market saw the shutdown of VanEck Vectors Coal ETF, which was at the time the only remaining ETF following the coal industry.
At the time, fund manager BlackRock Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) said the firm's actively managed funds would no longer hold shares of companies deriving more than 25% of revenues from the thermal coal business, Barrons <a href="https://www.barrons.com/articles/the-only-coal-etf-is-closing-what-it-means-for-investors-51608225200">reported</a>.
In turn, many investors and firms have switched towards environmentally-friendly energy stocks and ETFs.
Yet some in the industry continue to believe there's a case for investing in coal.
In January of this year, Range ETFs, a firm dedicated to running ETFs around niche themes, launched the Range Global Coal Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COAL#NYSE">COAL</a>) which provides exposure to companies involved in the production, exploration, development, transportation, and distribution of coal.
Since its launch, the price of the ETF oscillated between $21 and $26 and is $22.6 at the time of this writing, with year-to-date gains of 0.86%.
In an investment document, Range claims there is still an investment case for coal, in spite of an obvious global trend to detach from it.
Demand for coal actually grew on a global scale between 2021 and 2022, led by China and India, according to the International Energy Agency.
Coal burning represents 16.2% of the total utility-scale electricity generation in the U.S., according to the latest data from the Energy Information Administration and 36% on a global scale.
In the U.S., the firm says, "‘energy security' as one element of national security." This means that the government will continue to guarantee the availability of reliable energy sources to make up for possible gaps in energy supply stemming from green energy production.
Read also: <a href="https://www.benzinga.com/markets/equities/24/08/40333362/teslas-elon-musk-warns-against-vilifying-oil-and-gas-industry-in-trump-interview-cautions-agains">Tesla&#8217;s Elon Musk Warns Against Vilifying Oil And Gas Industry In Trump Interview, Cautions Against Rushing With Sustainable Energy Transition: &#8216;It&#8217;s Not Like The House Is On Fire Immediately&#8217;</a>
In June, the coal industry was affected by election results in India, which gave investors the idea that the country might not continue with a plan to upsize its coal use, though <a href="https://www.benzinga.com/markets/asia/24/06/39173971/coal-stocks-take-a-breather-as-trading-sentiment-sours-in-commodities-markets-was-the-election-in-in">some analysts called it a natural market correction</a> from an "overbought" sector.
The balance between trends running against "dirty" energy sources and short-term tailwinds for the coal industry have resulted in varying performances for some of its largest players over the past year.
<ul>
<li>Shares of Peabody Energy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>), which is the largest coal producer in the U.S. are down 7.7% since January but up 2.3% in the past year.</li>
<li>The second largest producer, Arch Resources Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARCH#NYSE">ARCH</a>) has performed a lot worse in 2024, with shares down over 24% since January. According <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/08/40363492/top-3-energy-stocks-that-may-rocket-higher-this-quarter">to data from Benzinga Pro</a>, the stock appears oversold and its share price could rise this year.</li>
<li>Warrior Met Coal Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) shares are up 49% in the last year.</li>
</ul>
<h3 class="wp-block-heading">Wind Beats Solar In 2024</h3>
<a href="https://www.benzinga.com//node/40379430">A Benzinga technical analysis from this week</a> showed that EV maker Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) could be up for a rebound after losing almost 13% of its value since January.
Other companies in the clean energy sector, however, could be struggling more.
Shares in the iShares Global Clean Energy ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICLN#NASDAQ">ICLN</a>) are stuck in a pattern that technical analysts call the "death cross," which occurs when the 50-day moving average crosses below its long-term moving average of 200 days. The fund is down 8% since January and 12% in the last year.
 The solar energy sector has been struggling more than wind. Invesco Solar ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAN#NYSE">TAN</a>), which follows the solar sector, has also performed poorly in recent periods. The fund is down 22% since January and 30% in the past year.
Now Read:
<ul>
<li><a href="https://www.benzinga.com//node/40359364">Bill Gates, Jeff Bezos, And Jack Ma-Backed Breakthrough Energy Ventures Nears $1B Goal For Climate-Focused Fund</a></li>
</ul>

iShares S&P Global Clean Energy Index Fund

ICLN

TSLA

Is Coal Dead? Wind Just Ate Its Lunch This Year — 7 Energy ETFs To Watch In 2024

Warrior Met Coal's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) short percent of float has fallen 14.38% since its last report. The company recently reported that it has 3.40 million shares sold short, which is 9.05% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.81 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Warrior Met Coal Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1723048211_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Warrior Met Coal has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Warrior Met Coal's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Warrior Met Coal's peer group average for short interest as a percentage of float is 5.42%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Press Releases

Warrior Sets Date for Third Quarter 2024 Earnings Announcement and Investor Conference Call

Warrior Announces Regular Quarterly Cash Dividend

Warrior Reports Third Quarter 2024 Results

Warrior Sets Date for Fourth Quarter 2024 Earnings Announcement and Investor Conference Call

Warrior Publishes 2024 Sustainability Report

Warrior Met Coal Reports Fourth Quarter and Full Year 2024 Results

Warrior CEO and CFO to Attend and Present at the 2025 BMO Global Metals, Mining & Critical Minerals Conference

Warrior Provides Update on Transformational Blue Creek Steelmaking Coal Project

Warrior to Provide Updates on Transformational Blue Creek Project via New Dedicated Blue Creek Webpage

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