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, Inc. (NYSE: AMR) reported a robust Q3 2021, achieving a net income of $83.7 million ($4.43 per diluted share), a turnaround from a loss of $18.6 million in Q2 2021. Adjusted EBITDA soared to $148.2 million from $39.9 million. Coal sales increased to 4.7 million tons, with net pricing for metallurgical coal reaching $113.51 per ton. The company reduced long-term debt by over $75 million and reported cash from operations of $96 million, aided by a $70 million tax refund. 2022 guidance suggests continued growth with capital expenditures projected at $160-$190 million.
Alpha Metallurgical Resources (NYSE: AMR), a key supplier of metallurgical products for the steel industry, will announce its third quarter 2021 financial results on November 5, 2021, before market opening. A conference call will follow at 10:00 a.m. ET on the same day, featuring key executives including CEO David Stetson. Investors can listen live via the company’s investor website. Alpha operates primarily in Tennessee, Virginia, and West Virginia, supplying high-quality metallurgical products globally.
Alpha Metallurgical Resources (NYSE: AMR) announced the receipt of a $70 million tax refund, resulting from a net operating loss carryback claim. This payment boosts the company's liquidity, with President Andy Eidson expressing optimism about enhancing cash reserves and reducing debt in upcoming quarters. The company had previously indicated the refund would be received before year-end. Alpha Metallurgical, based in Tennessee, supplies metallurgical products for the steel industry and aims to update investors on its financial progress in the next quarterly earnings announcement.
Alpha Metallurgical Resources, Inc. (NYSE: AMR) reported its Q2 2021 results, showing a narrowing net loss of $18.6 million, or $1.01 per diluted share, compared to a loss of $32.7 million in Q1 2021. Adjusted EBITDA rose to $39.9 million from $28.9 million. Coal sales reached 4 million tons, with metallurgical segment revenues at $376.8 million. The company anticipates higher coal shipments and pricing improvements in H2 2021, increasing full-year guidance for coal shipments to between 15.6 million and 17.5 million tons. Alpha plans to reduce debt and enhance liquidity.
Alpha Metallurgical Resources (NYSE: AMR), a U.S. supplier of metallurgical products for the steel industry, will announce its Q2 2021 financial results on August 6, 2021, before market opens. A conference call will follow at 10:00 a.m. Eastern time the same day, featuring top executives including CEO David Stetson and CFO Andy Eidson. The call will be accessible on the company's investor website. Investors are reminded that the release includes forward-looking statements with inherent risks and uncertainties affecting future results.
Alpha Metallurgical Resources (NYSE: AMR) reported a net loss of $32.7 million for Q1 2021, improving from a $55.1 million loss in Q4 2020. The adjusted EBITDA reached $28.9 million, a significant rise from $7.4 million last quarter. Coal sales increased to 4.1 million tons, driven by a 9% rise in metallurgical coal prices to $82.00 per ton. Despite operational improvements, pricing challenges from Australian coal indices impacted the total realizations. The company maintains its 2021 shipment guidance of 14.8 to 16.2 million tons, with a focus on cost management and operational performance.
Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading supplier of metallurgical products for the steel industry, will announce its first quarter 2021 financial results before market opening on May 10, 2021. A conference call is scheduled for 10:00 a.m. Eastern time the same day, featuring key executives including CEO David Stetson and CFO Andy Eidson. Investors can access the call via the company's investor website. Alpha operates in Tennessee, Virginia, and West Virginia, supplying global customers with high-quality metallurgical products.
Alpha Metallurgical Resources (NYSE: AMR) reported a net loss of $55.1 million, or $3.00 per diluted share, for Q4 2020, though it improved from a $68.5 million loss in Q3 2020.
Adjusted EBITDA decreased to $7.4 million, down from $12.4 million in Q3 due to lower coal revenues. The company sold 3.7 million tons of coal, generating $289.8 million in coal revenue.
Alpha anticipates coal shipments between 14.8 million and 16.2 million tons for 2021, focusing on metallurgical coal with an average price of $85.47 per ton.
Alpha Metallurgical Resources (NYSE: AMR) will announce its fourth quarter 2020 financial results on March 15, 2021, before market open. A conference call is scheduled for 10:00 a.m. ET on the same day, featuring executives including David Stetson, Andy Eidson, and Jason Whitehead. The call will be accessible via the company's investor website. As a key player in the steel industry, Alpha supplies metallurgical products across the globe, with significant operations in Tennessee, Virginia, and West Virginia.
Alpha Metallurgical Resources (NYSE: AMR) has appointed three new independent directors, Kenneth S. Courtis, Elizabeth A. Fessenden, and Daniel D. Smith, to its Board, expanding it from four to seven members. This change follows constructive discussions with MG Capital Management, which holds approximately 5.8% of Alpha's stock. The Board aims to enhance its strategic focus on metallurgical products and improve governance. The Annual Meeting of Stockholders is scheduled for April 29, 2021. These appointments are expected to bring diverse expertise to the company.
FAQ
What is the current stock price of Alpha Metallurgical Resources (AMR)?
What is the market cap of Alpha Metallurgical Resources (AMR)?
