Stanmore Resources Ltd (OTCPK:STMRF)
$ 1.922 (0%) Market Cap: 1.71 Bil Enterprise Value: 2.03 Bil PE Ratio: 0 PB Ratio: 1.11 GF Score: 80/100

Full Year 2024 Stanmore Resources Ltd Earnings Call Transcript

Feb 23, 2025 / 11:00 PM GMT

Key Points

Positve
  • Stanmore Resources Ltd (STMRF) reported a fully saleable production of 13.8 million tons, exceeding the upper bound of their guidance.
  • The company declared a final dividend of 6.7 US cents per share, bringing the total dividends for 2024 to 11.1 US cents per share, equivalent to a yield of almost 7%.
  • Stanmore Resources Ltd (STMRF) achieved a strong financial result with an underlying EBITDA of $700 million US dollars.
  • The company successfully completed several large-scale projects, including the South Walker Creek expansion and the commissioning of the upgraded CHPP.
  • Stanmore Resources Ltd (STMRF) maintained a healthy dividend payout ratio despite softer coal pricing conditions.
Negative
  • The serious accident frequency rate increased to 0.3 from 0.19 in the previous year, although it remains below the industry average.
  • FOB cash costs increased by $3 per ton year on year, primarily due to the introduction of additional expansion fleets.
  • Lower coal prices reduced underlying EBITDA by $450 million US dollars compared to 2023.
  • The company faced challenges with wet weather impacts, particularly affecting the Isaac Plains complex.
  • The market outlook for metallurgical coal remains uncertain, with subdued demand and ongoing geopolitical tensions affecting trade flows.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SMR.AX - Stanmore Resources Ltd
Full Year 2024 Stanmore Resources Ltd Earnings Call
Feb 23, 2025 / 11:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good Morning, everyone.

Thank you for joining us following the release of SAMO's 2024 full year results earlier today.

To begin, 2024 has been another remarkable year for SEO, as summarized by the highlights on slide number 3.

Starting with safety Our rolling 12 months serious accident frequency rate.

Concluded the year at 0.3.

An increase from the 0.19 in the prior year.

But remaining below the latest industry average of 0.69.

As pre-reported in the December quarterly, we were very pleased to announce fully saleable production of 13.8 million tons.

Above the upper bound of our previously stated guidance and underpinned by exceptional operational
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