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.
Alpha Metallurgical Resources Inc (AMR) is a Tennessee-based mining leader supplying critical metallurgical coal to the steel industry. This page provides investors and industry professionals with centralized access to AMR's official news, including operational updates, financial reports, and strategic developments.
Find timely updates on earnings releases, acquisitions, leadership announcements, and operational milestones across AMR's Virginia and West Virginia mining complexes. Our curated collection ensures transparent tracking of the company's safety initiatives, coal processing advancements, and logistics network efficiency.
All content is rigorously verified to serve as a reliable decision-making tool for monitoring AMR's market position. Key coverage includes production volumes, cost management strategies, and port capacity utilization supporting global distribution.
Bookmark this page for direct access to AMR's latest developments. Check regularly for updates from one of the metallurgical coal sector's most strategically significant producers.
Alpha Metallurgical Resources (NYSE: AMR), a leading U.S. metallurgical products supplier for the steel industry, will release its first quarter 2025 financial results before market opening on May 9, 2025.
The company will host a conference call at 10:00 a.m. Eastern time on the same day, featuring key executives including CEO Andy Eidson, President and COO Jason Whitehead, CFO Todd Munsey, and CCO Dan Horn. The call will be accessible through the investor section of Alpha's website, with dial-in options available for analysts.
Alpha operates across Virginia and West Virginia, serving global customers with high-quality reserves and significant port capacity for metallurgical product distribution.
Alpha Metallurgical Resources (NYSE: AMR) reported challenging fourth quarter 2024 results, with a net loss of $2.1 million ($0.16 per diluted share), compared to net income of $3.8 million in Q3. The company posted Adjusted EBITDA of $53.2 million for Q4, up from $49.0 million in Q3.
Key financial metrics include Met segment pricing at $127.84 per ton and reduced cost of coal sales to $108.82 per ton. The company maintained strong liquidity of $519.4 million, including $481.6 million in cash. Notable developments include a $15 million reduction in letters of credit and continued share repurchase program execution, with 6.6 million shares bought at approximately $165.74 per share.
For 2025, AMR revised guidance downward, reducing metallurgical coal shipment volumes to 14.5-15.5 million tons and increasing cost guidance to $103.00-$110.00 per ton, citing weak market conditions and weather impacts.
Alpha Metallurgical Resources (NYSE: AMR) has scheduled the release of its fourth quarter and full year 2024 financial results before market opening on February 28, 2025. The company will host a conference call at 10:00 a.m. Eastern time on the same day to discuss the results.
Key executives participating in the call include CEO Andy Eidson, President and COO Jason Whitehead, CFO Todd Munsey, and CCO Dan Horn. The call will be accessible through the investor section of Alpha's website, with analysts able to participate by dialing dedicated toll-free and international numbers.
Alpha Metallurgical Resources operates mining facilities across Virginia and West Virginia, serving as a leading U.S. supplier of metallurgical products for the steel industry with global customers.
Alpha Metallurgical Resources (NYSE: AMR) announced the retirement of chairman David Stetson from its board of directors, effective December 13, 2024. Lead independent director Michael Gorzynski will assume the role of chairman, and the board size will decrease from seven to six members.
During Stetson's tenure, Alpha achieved significant milestones including paying off its long-term debt and posting record revenue generation. His departure is not due to any disagreement with the company. Stetson served the organization for more than eight years, during which he was instrumental in establishing the Metallurgical Coal Producers Association and provided leadership for both the company and the broader coal industry.
Intrepid Potash (NYSE: IPI) has appointed Kevin S. Crutchfield as Chief Executive Officer and Board director, effective immediately. Crutchfield brings over 30 years of global mining experience and 20+ years of leadership in public companies. He previously served as President and CEO of Compass Minerals, where he gained experience in minerals mining, brine operations, and specialty fertilizer products. Prior roles include CEO positions at Alpha Natural Resources and Contura Energy. Matt Preston will continue as Chief Financial Officer after serving as acting principal executive officer during the search process.
Alpha Metallurgical Resources (NYSE: AMR) reported Q3 2024 financial results with net income of $3.8 million ($0.29 per diluted share), down from $58.9 million in Q2. Adjusted EBITDA was $49.0 million, compared to $116.0 million in Q2. The company's total liquidity increased by 42% to $507.0 million. Met coal sales realization decreased to $132.76 per ton, while cost of coal sales increased to $114.27 per ton. For 2025, Alpha has secured domestic sales commitments of 3.7 million tons at an average price of $152.51 per ton, and expects to ship 15.0-16.0 million metallurgical tons.
Alpha Metallurgical Resources (NYSE: AMR) announced preliminary Q3 2024 results, reflecting market softness. Key points:
- Coal shipments: 4.1 million tons in Q3
- Met segment coal revenues: $669.8 million
- Net realized pricing for Met segment: $132.76 per ton
- Total liquidity: $507.0 million as of September 30, 2024
The company adjusted its 2024 guidance, increasing net cash interest income to $10-$14 million and lowering the tax rate to 5-10%. Alpha expects to end the year at the higher end of its previously issued shipment guidance range and within the existing cost of coal sales guidance range.
Alpha Metallurgical Resources (NYSE: AMR) reported Q2 2024 financial results, with net income of $58.9 million ($4.49 per diluted share) and Adjusted EBITDA of $116.0 million. The company faced challenges due to weakening steel demand and geopolitical uncertainty, impacting metallurgical coal markets. Key highlights include:
- Coal revenues: $800.1 million for Met segment
- Met segment coal sales realization: $141.86 per ton
- Met segment cost of coal sales: $109.31 per ton
- Operating cash flow: $138.1 million
- Total liquidity increased by 25% to $356.7 million
- Share repurchase program: 6.6 million shares acquired at $1.1 billion
Alpha has committed and priced 71% of its 2024 metallurgical coal at an average price of $157.97 per ton.
Alpha Metallurgical Resources (NYSE: AMR) will announce its second quarter 2024 financial results on August 5, 2024, before market opening. A conference call to discuss the results will be held at 10:00 a.m. ET on the same day, featuring CEO Andy Eidson, President and COO Jason Whitehead, EVP and CFO Todd Munsey, and EVP and CCO Dan Horn. The call can be accessed live through the investor section of Alpha's website.
Alpha is a leading U.S. supplier of metallurgical products for the steel industry, headquartered in Bristol, Tennessee, with operations in Virginia and West Virginia. The company is noted for its high-quality reserves and substantial port capacity, serving customers globally.
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.
