Alpha Metallurgical Resources

Alpha Metallurgical Resources, Inc. is a mining company. It engages in the provision of met and thermal coal. The firm operates through the following business segments: Met, CAPP-Thermal, and All Other. The Met segment consists of met coal mines, including Deep Mine 41, Road Fork 52, Black Eagle, and Lynn Branch. The CAPP-Thermal segment consists of underground thermal coal mine. The All Other segment includes general corporate overhead and corporate assets and liabilities, elimination of intersegment activity, and discontinued operations. The company was founded on June 26, 2016 and is headquartered in Bristol, TN.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Alpha Metallurgical Resources reports record earnings and addresses operational challenges

Alpha Metallurgical Resources delivered strong financial performance, addressed challenges proactively, and positioned itself well for future growth opportunities in the coal market.

Alpha Metallurgical Resources (AMR) reports strong Q1 performance amidst market challenges

Alpha Metallurgical Resources (AMR) delivered a robust performance in Q1 2023, showcasing financial strength and operational excellence. While facing challenges in the metallurgical coal markets, the company remains optimistic about its sales outlook and committed to enhancing shareholder value through strategic initiatives.

Alpha Metallurgical Resources reports resilient Q2 performance amidst market challenges

Alpha Metallurgical Resources navigated challenges effectively, reporting solid financial performance and demonstrating resilience in operations.
The company's strategic focus on metallurgical coal, safety, and cost control aligns with market demands and positions it for long-term success.
While facing operational and market challenges, Alpha Metallurgical Resources remains committed to enhancing shareholder value and pursuing growth opportunities.
By addressing challenges, leveraging strengths, and exploring opportunities, the company aims to sustain its performance and capitalize on market dynamics.

Alpha Metallurgical Resources reports solid Q3 performance amidst operational challenges

AMR's Q3 performance was affected by operational challenges but remains strong with a focus on shareholder returns and strategic investments. Labor and transportation costs pose challenges, while opportunities lie in coal sales growth and operational enhancements.

Alpha Metallurgical Resources reports strong Q4 earnings amidst market volatility

Alpha Metallurgical Resources (AMR) delivered strong financial results in Q4 2023, driven by robust EBITDA figures, successful share repurchases, and operational achievements in safety and compliance.
While facing challenges from cost escalations and market volatility, Alpha's financial strength, diverse portfolio, and strategic focus position the company well to navigate uncertainties and capitalize on growth opportunities.
The company's emphasis on responsible mining practices, financial resilience, and strategic adaptability underscores its commitment to sustainable growth and value creation for shareholders.
Alpha's proactive approach to monitoring market conditions, adjusting strategies, and leveraging operational strengths highlights its readiness to address challenges and seize opportunities in a dynamic business environment.

Alpha Metallurgical Resources adapts to market challenges, eyes strategic growth

Alpha Metallurgical Resources navigated Q1 2024 with resilience, adapting to market challenges through cost adjustments and strategic financial management.
The company's emphasis on safety, environmental excellence, and shareholder value creation positions it well for future growth opportunities.
Despite market headwinds and challenges, AMR remains agile, open to M&A prospects, and focused on operational efficiency and financial stability.

Alpha Metallurgical Resources (AMR) maintains resilience amid market challenges

AMR's Q2 performance reflects resilience amidst challenging market conditions, with a strategic emphasis on financial strength and operational excellence. Despite softening metallurgical coal prices and weak steel demand, the company remains confident in its ability to meet shipment volume guidance and adapt to market dynamics.

Alpha Metallurgical Resources reports Q3 performance, outlines growth strategies

AMR's Q3 2024 performance saw a decline in adjusted EBITDA but an increase in total liquidity, setting the stage for future growth.
The company's 2025 guidance outlines strategic targets for coal shipments, cost management, and profitability improvements.
While facing challenges such as lower EBITDA and higher costs, AMR has opportunities to leverage its strengths for sustainable growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Alpha Metallurgical has 21 active mines, producing 16.1 million tons of met coal. It is responsible for 21% of the US total metallurgical coal production. AMR has $296 million in cash and $10.5 million in total debt. On the other hand, the company's performance is excellent, with 52.2% ROE and 36.6% ROTC. AMR is cheaper than ARCH and HCC using EV/EBITDA and EV/Sales. The company`s shares are cheaper than the average multiples for the US energy stocks and the US broad market.

Alpha Metallurgical Resources: Solid Financials, Double-Digit Buyback Yield For Coal Investors

S&P Global

NEW YORK , Nov. 7, 2023 /PRNewswire/ -- Alpha Metallurgical Resources Inc. (NYSE: AMR) will replace Avid Technology Inc. (NASD: AVID) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, November 10. Symphony Technology Group acquired Avid Technology in a transaction that was completed today.

Alpha Metallurgical Resources Set to Join S&P SmallCap 600

Alpha Metallurgical Resources, Inc. (NYSE:AMR ) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants Emily O'Quinn - SVP, IR and Communications Andy Eidson - CEO Todd Munsey - CFO Jason Whitehead - President and COO Dan Horn - Chief Commercial Officer Conference Call Participants Lucas Pipes - B. Riley Securities FBR Nathan Martin - Benchmark Company Operator Greetings, and welcome to the Alpha Metallurgical Resources Third Quarter 2023 Results Conference Call.

Alpha Metallurgical Resources, Inc. (AMR) Q3 2023 Earnings Conference Call Transcript

Posts third quarter net income of $93.8 million, or $6.65 per diluted share Announces Adjusted EBITDA of $153.9 million for the quarter Continues progress on buyback program, with nearly $940 million returned to shareholders since program inception as of October 27, 2023 Announces $300 million increase in authorization for the share repurchase program, bringing total authorization to $1.5 billion Declares quarterly dividend of $0.50 per share, after which the dividend program will cease Issues 2024 operational guidance Announces completed refinancing of Asset-Based Revolving Credit Facility (ABL) Completes transition to pure-play metallurgical producer with the closure of last remaining thermal mine, Slabcamp BRISTOL, Tenn., Nov. 2, 2023 /PRNewswire/ -- Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today reported financial results for the third quarter ending September 30, 2023.

Alpha Announces Financial Results for Third Quarter 2023

Alpha Metallurgical's (AMR) third quarter 2023 results are expected to reflect weaker-than-expected shipments and lower realized pricing.

Alpha Metallurgical (AMR) to Post Q3 Earnings: What's in Store?

Arch Resources

Alliance Resource Partners

CONSOL Energy

Cleveland-Cliffs

Nucor

Steel Dynamics

United States Steel

Coal stocks tracked by IBD have collectively gained nearly 40% in 2023 as global coal demand is set to hit another record in 2023.

The Clean Energy Era Isn't Keeping Coal Stocks Down. Record Demand Fuels Fresh Surge.

BRISTOL, Tenn. , Oct. 12, 2023 /PRNewswire/ -- Alpha Metallurgical Resources, Inc. (NYSE: AMR) ("Alpha" or the "Company"), a leading U.S. supplier of metallurgical products for the steel industry, today announced preliminary sales volumes and realizations for the third quarter of 2023 and revised full year 2023 guidance.

Alpha Announces Preliminary Sales Volumes and Realizations for Third Quarter 2023 and Revised Full Year 2023 Guidance

Peabody Energy

Warrior Met Coal

Shares of coal miners Alpha Metallurgical, Warrior Met Coal, Arch Resources, Consol Energy, and Peabody Energy logged double-digit-percentage gains in September.

Stocks Had a Great September. Coal Stocks, Anyway.

Here is how Alpha Metallurgical (AMR) and PPG Industries (PPG) have performed compared to their sector so far this year.

Has Alpha Metallurgical Resources (AMR) Outpaced Other Basic Materials Stocks This Year?

Alpha Metallurgical Resources has experienced a significant stock price increase of 48% since our bullish call was issued a few months ago. Bullish factors, like AMR's strong financial performance and attractive capital return stack, still hold true. However, we're becoming concerned about softening demand for AMR's end product, worsening global macro conditions, and the company's overbought stock.

Alpha Metallurgical Resources: Still Cheap And Returning 15%

Metcoal is essential for steel production, supporting critical industries like construction, automotive manufacturing, and data center warehousing. Alpha Metallurgical Resources, Inc. offers significant potential, driven by strong free cash flows, but investor preferences may vary based on balance sheet considerations. Alpha's decision to cease its dividend program in favor of share buybacks reflects market valuation dynamics, raising future questions about its capital allocation.

Alpha Metallurgical Resources: Metcoal, A Crucial Element For Modernization

Andersons

Carpenter Technology

Let's take a look at three highly ranked basic materials stocks that may be able to capitalize on reaccelerating inflation.

3 Basic Materials Stocks to Buy as Inflation Reaccelerates

AMR has promising long-term demand prospects but is vulnerable to economic downturns. Operational leverage is leading to massive free cash flow. Constrained supply may help keep met coal prices high.

Alpha Metallurgical Resources: Set To Double If Met Coal Prices Remain Stable

Dillard's

Gladstone Capital

GLAD, DDS and AMR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 28, 2023.

Best Momentum Stocks to Buy for August 28th

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Alpha Metallurgical (AMR) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Despite Fast-paced Momentum, Alpha Metallurgical (AMR) Is Still a Bargain Stock

Alpha Metallurgical Resources, Inc. (NYSE:AMR ) Q2 2023 Results Conference Call August 4, 2023 10:00 AM ET Company Participants Emily O'Quinn - Senior Vice President, Investor Relations and Communications Andy Eidson - Chief Executive Officer Todd Munsey - Chief Financial Officer Jason Whitehead - President and Chief Operating Officer Dan Horn - Chief Commercial Officer Conference Call Participants Lucas Pipes - B. Riley Securities Nathan Martin - The Benchmark Company Jonnathan Navarre - Cowen & Company Operator Greetings, and welcome to the Alpha Metallurgical Resources Second Quarter 2023 Results Conference Call.

Alpha Metallurgical Resources, Inc. (AMR) Q2 2023 Earnings Call Transcript

Alpha Metallurgical (AMR) came out with quarterly earnings of $12.16 per share, beating the Zacks Consensus Estimate of $9.32 per share. This compares to earnings of $30.03 per share a year ago.

Alpha Metallurgical (AMR) Q2 Earnings and Revenues Top Estimates

Reports second quarter net income of $181.4 million, or $12.16 per diluted share Posts Adjusted EBITDA of $258.5 million for the quarter Maintains robust progress of share buyback program by returning more than $850 million to shareholders since program inception as of July 31, 2023, with nearly $350 million in board authorization remaining Declares quarterly dividend of $0.50 per share Announces board decision to cease fixed dividend program at year end, consolidating focus and exclusive capital return priority to the share buyback program Reduces full-year volume guidance for thermal coal within the Met segment to 1.0 million to 1.4 million tons BRISTOL, Tenn. , Aug. 4, 2023 /PRNewswire/ -- Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today reported financial results for the second quarter ending June 30, 2023.

Alpha Announces Second Quarter 2023 Financial Results

Alpha Metallurgical Resources is like most coal mining companies trading with a very attractive valuation. AMR has effectively no debt and is aggressively buying back shares. We are so far in 2023 tracking a free cash flow yield in the 20-30% range, where the upcoming Q2-23 result should likely narrow that range substantially.

Alpha Metallurgical Resources: Attractive Valuation And Aggressive Buybacks

BRISTOL, Tenn., July 13, 2023 /PRNewswire/ -- Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, plans to announce its second quarter 2023 financial results before the market opens on Friday, August 4, 2023.

Alpha to Announce Second Quarter 2023 Financial Results on August 4

Temporarily Halted Production at the Road Fork 52 Mine and Mechanical Failure at Dominion Terminal Associates Contribute to Delayed Shipments BRISTOL, Tenn. , June 23, 2023 /PRNewswire/ -- Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today announced two separate operational challenges.

Alpha Announces Operational Updates

Alpha Metallurgical Resources offers a compelling investment opportunity due to its straightforward business model, debt-free status, and solid margins. Despite recent slowdowns, global steel demand is forecasted to grow, supporting AMR's Met Coal business and potential for shareholder returns. Key risks include macroeconomic factors, execution challenges, commodity price volatility, and technical sentiment.

Alpha Metallurgical: Debt-Free And Printing Cash

Alpha Metallurgical Resources is going for a very low valuation. The company has low breakeven prices and negative net debt, reducing the risk. Share repurchases are capturing the low valuation and adding a floor to the stock price.

Alpha Metallurgical Resources: High Quality At A Great Price

Allegro MicroSystems

Compania Cervecerias Unidas

Diversified Healthcare Trust

Meritage Homes

AMR, CCU, DHC, MTH and ALGM have been added to the Zacks Rank #1 (Strong Buy) List on June 9, 2023.

New Strong Buy Stocks for June 9th

Erie Indemnity

CCU, AMR and ERIE made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 9, 2023.

News for Alpha Metallurgical Resources Stock (AMR)