Welcome to our dedicated page for Alpha Metallurgical Resources news (Ticker: $AMR), a resource for investors and traders seeking the latest updates and insights on Alpha Metallurgical Resources stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Alpha Metallurgical Resources's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Alpha Metallurgical Resources's position in the market.
Alpha Metallurgical Resources, Inc. (NYSE: AMR) announced the departure of Roger Nicholson, the executive VP, chief administrative officer, general counsel, and secretary, effective May 31, 2024, after four and a half years of service. Mark Manno will succeed Nicholson as the new executive VP, general counsel, and secretary, starting June 1, 2024. The company expresses gratitude for Nicholson's contributions and looks forward to Manno's leadership in strengthening Alpha's future.
Alpha Metallurgical Resources, Inc. reported solid financial results for Q1 2024 despite market challenges, with net income of $127.0 million and Adjusted EBITDA of $189.6 million. The company's Met Segment performed well, with total coal revenues of $727.6 million and a net realized pricing of $166.68 per ton. Capital expenditures were $63.6 million, and liquidity stood at $288.1 million as of March 31, 2024.