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 Video: What is a Stock Split?
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| Warrior Met Coal, Inc. is a producer and exporter of steelmaking coal, also known as hard coking coal (HCC), operating longwall operations in its underground mines based in Alabama. Co.'s two operating mines, Mine No. 4 and Mine No. 7, and Blue Creek are located approximately 300 miles from its export terminal at the Port of Mobile in Alabama. Co. sells its coal to a diversified customer base of blast furnace steel producers, primarily located in Europe, South America and Asia. Co.'s HCC, mined from the Southern Appalachian region of the U.S., is characterized by low-to-high volatile matter (VM) and high coke strength after reaction (CSR). According to our HCC split history records, Warrior Met Coal has had 3 splits. | |
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Warrior Met Coal (HCC) has 3 splits in our HCC split history database. The first split for HCC took place on April 04, 1994. This was a 3 for 2
split, meaning for each 2
shares of HCC owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. HCC's second split took place on May 16, 1996. This was a 5 for 2
split, meaning for each 2
shares of HCC owned pre-split, the shareholder now owned 5 shares. For example, a 1500 share position pre-split, became a 3750 share position following the split. HCC's third split took place on July 18, 2005. This was a 3 for 2 split, meaning for each 2 shares of HCC owned pre-split, the shareholder now owned 3 shares. For example, a 3750 share position pre-split, became a 5625 share position following the split.
When a company such as Warrior Met Coal splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the HCC split history from start to finish, an original position size of 1000 shares would have turned into 5625 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Warrior Met Coal shares, starting with a $10,000 purchase of HCC, presented on a split-history-adjusted basis factoring in the complete HCC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/18/2017 |
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| End date: |
03/11/2026 |
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| Start price/share: |
$18.46 |
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| End price/share: |
$84.69 |
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| Starting shares: |
541.71 |
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| Ending shares: |
1,433.37 |
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| Dividends reinvested/share: |
$27.02 |
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| Total return: |
1,113.92% |
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| Average Annual Total Return: |
32.37% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$121,365.15 |
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| Years: |
8.90 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/18/2017 |
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| End date: |
03/11/2026 |
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| Start price/share: |
$18.46 |
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| End price/share: |
$84.69 |
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| Dividends collected/share: |
$27.02 |
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| Total return: |
505.17% |
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| Average Annual Total Return: |
22.42% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$60,534.99 |
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| Years: |
8.90 |
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| Date |
Ratio |
| 04/04/1994 | 3 for 2
| | 05/16/1996 | 5 for 2
| | 07/18/2005 | 3 for 2 |
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