Alpha Metallurgical Resources (NYSE:AMR) Issues Earnings Results, Hits Expectations

Alpha Metallurgical Resources (NYSE:AMR) issued its earnings results on Friday. The energy company reported ($1.34) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($1.34), Briefing.com reports. Alpha Metallurgical Resources had a negative net margin of 2.09% and a negative return on equity of 2.88%. The company had revenue of $520.47 million for the quarter, compared to analysts’ expectations of $538.45 million. During the same period in the prior year, the business earned ($0.16) EPS. The firm’s quarterly revenue was down 15.7% on a year-over-year basis.

Here are the key takeaways from Alpha Metallurgical Resources’ conference call:

• Q4 results showed Adjusted EBITDA of $28.5 million and 3.8 million tons shipped, down from Q3, signaling continued market weakness and near-term earnings pressure.
• Alpha has secured 4.1 million domestic committed tons at an average price of $136.30 for 2026, giving the company a more predictable cash-flow base despite volatile spot markets.
• The new Kingston Wildcat longwall project is progressing (permanent power and key infrastructure installed) and is expected to produce roughly 500,000 tons in 2026 as it ramps toward ~1 million tons annual capacity, supporting production growth.
• Management warned recent gains in the Australian Premium Low-Vol index were largely supply-driven (Queensland flooding) and likely temporary, while growing oversupply of high-vol coal could put downward pressure on realizations given Alpha’s quality mix.
• Balance sheet strength remains a priority with $524.3 million total liquidity at year-end, substantial unused ABL availability, ongoing measured share buybacks, and an estimated ~<$2/ton benefit from the Section 45X tax credit embedded in guidance.

Alpha Metallurgical Resources Stock Down 3.8%

Shares of AMR traded down $6.35 during mid-day trading on Friday, hitting $161.70. 600,602 shares of the company traded hands, compared to its average volume of 286,851. Alpha Metallurgical Resources has a 1-year low of $97.41 and a 1-year high of $253.82. The company has a market capitalization of $2.08 billion, a PE ratio of -45.42 and a beta of 0.78. The business has a 50 day moving average of $208.67 and a 200 day moving average of $177.81.

Insider Buying and Selling

In other news, Director Michael Gorzynski acquired 38,576 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were acquired at an average cost of $188.50 per share, with a total value of $7,271,576.00. Following the completion of the acquisition, the director owned 644,025 shares of the company’s stock, valued at approximately $121,398,712.50. This trade represents a 6.37% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Daniel E. Horn sold 8,125 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $188.32, for a total transaction of $1,530,100.00. Following the completion of the transaction, the insider owned 4,989 shares in the company, valued at approximately $939,528.48. This trade represents a 61.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders purchased 98,576 shares of company stock worth $17,994,174 in the last three months. Corporate insiders own 16.00% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of AMR. State Street Corp increased its stake in Alpha Metallurgical Resources by 27.2% in the second quarter. State Street Corp now owns 865,934 shares of the energy company’s stock valued at $97,400,000 after purchasing an additional 185,281 shares during the period. Millennium Management LLC boosted its stake in shares of Alpha Metallurgical Resources by 208.0% during the first quarter. Millennium Management LLC now owns 106,107 shares of the energy company’s stock worth $13,290,000 after buying an additional 71,653 shares during the period. Two Sigma Investments LP purchased a new position in shares of Alpha Metallurgical Resources during the third quarter worth about $8,132,000. Marshall Wace LLP purchased a new position in shares of Alpha Metallurgical Resources during the second quarter worth about $5,284,000. Finally, Norges Bank acquired a new position in Alpha Metallurgical Resources in the 4th quarter valued at about $8,255,000. 84.29% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on AMR shares. Texas Capital lowered shares of Alpha Metallurgical Resources from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 29th. Zacks Research cut Alpha Metallurgical Resources from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 5th. Weiss Ratings reissued a “sell (d)” rating on shares of Alpha Metallurgical Resources in a research report on Monday, December 29th. Jefferies Financial Group upped their price objective on Alpha Metallurgical Resources from $165.00 to $205.00 and gave the stock a “hold” rating in a research note on Tuesday, January 20th. Finally, B. Riley Financial downgraded Alpha Metallurgical Resources from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $204.00 to $203.00 in a research report on Wednesday, February 4th. Three analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $204.00.

Alpha Metallurgical Resources Company Profile

Alpha Metallurgical Resources, Inc (NYSE: AMR) is a leading pure-play producer of high-grade metallurgical coal, primarily serving the global steelmaking industry. Headquartered in Bristol, Virginia, the company operates multiple underground and surface mining complexes across the central Appalachian and Illinois basins. Its production portfolio focuses on premium raw and semi-soft coking coal products tailored to meet the specifications of steel producers worldwide.

Formed in July 2021 through the spin-out of Contura Energy’s metallurgical coal business, Alpha Metallurgical Resources has built a reputation for operational excellence and cost-efficient mining.