HCC — what changed in the latest 10-Q
A section-by-section comparison of HCC's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-04-30 vs the prior 10-Q · 2025-11-05
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +40 | −48 | ~38 | 26 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~5 | 3 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 3 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 2 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +3 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-04-30
We commenced longwall operations at the Blue Creek mine in October 2025, eight months ahead of schedule and on budget. The ahead-of-schedule start of Blue Creek's longwall is already positively impacting our production profile, cost structure, and earnings potential.
On February 21, 2025, we provided an update on the Blue Creek project. Due to the implementation of innovative technologies and best practices, we increased nameplate production capacity of the Blue Creek mine by 25%, from the original production plan of 4.4 million metric tons to 5.4 million metric…
lower cash costs, further improving our position in the first-quartile of the global cost curve. In addition, Blue Creek's low-cost structure has reduced our all-in cash cost breakeven point and enhanced profitability and cash flow generation.
In the three months ended March 31, 2026, we completed the Blue Creek construction project, including the installation of the barge loadout, and invested approximately $66.1 million, bringing total project spending to $1,022.9 million. Final project costs were fully in line with our capital guidance…
On November 25, 2025, Warrior Met Coal BC, LLC (“Warrior BC”), a wholly-owned subsidiary of the Company, entered into Federal Coal Lease ALES-056519 at Mine No. 1 (the “Mine No. 1 Lease”) and Warrior Met Coal Mining, LLC (“Warrior Mining”, and together with Warrior BC, the “Companies”), a wholly-own…
Text removed vs the prior filing · source: 10-Q · 2025-11-05
On February 21, 2025, we provided an update on the Blue Creek project. Due to the implementation of innovative technologies and best practices we increased nameplate capacity of the Blue Creek mine 25% to 5.4 million metric tons from the original production plan of 4.4 million metric tons. The addit…
We commenced longwall operations at the Blue Creek mine eight months ahead of schedule and on budget in October 2025 and expect the commissioning towards full production to be completed in early 2026. Due to the accelerated startup of the longwall, we expect to produce approximately 1.6 million metr…
Other significant milestones achieved in the development of the Blue Creek project were the completion and installation of the Blue Creek overland clean coal belt along with the remaining modules of the preparation plant in October 2025, and made significant progress on the barge loadout facility. W…
At the end of the third quarter of 2025, we were the successful bidder in a federal coal lease sale administered by the Bureau of Land Management (the "BLM"). The coal leases include approximately 14,050 acres in Tuscaloosa County, Alabama, with an estimated 53 million metric tons of high-quality st…
Weak market conditions continued into the third quarter of 2025 marked by continued weakness in the global steelmaking coal industry, with premium low-vol index prices declining 13% from the prior year comparable quarter and 27% year-over-year. The Platts Premium Low-Vol index averaged $183.51 per m…
Other information
Text added vs the prior filing · source: 10-Q · 2026-04-30
On February 23, 2026, Jack K. Richardson, Chief Operating Officer of the Company, adopted a Rule 10b5-1 trading plan intended to satisfy affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act (a "Rule 10b5-1 Plan"). Mr. Richardson's plan, which provides for the potential sale of up …
On February 26, 2026, Kelli. K. Gant, Chief Administrative Officer and Corporate Secretary of the Company, adopted a Rule 10b5-1 trading plan intended to satisfy affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act (a "Rule 10b5-1 Plan"). Ms. Gant's plan, which provides for the po…
On March 2, 2026, Walter J. Scheller, III, Chief Executive Officer and Director of the Company, adopted a Rule 10b5-1 trading plan intended to satisfy affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act (a "Rule 10b5-1 Plan"). Mr. Scheller's plan, which provides for the potential…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice