Alpha Metallurgical Resources (NYSE:AMR) Issues Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Alpha Metallurgical Resources (NYSE:AMR) announced its quarterly earnings results on Friday. The energy company reported ($0.96) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.97) by $0.01, FiscalAI reports. The firm had revenue of $421.29 million during the quarter, compared to the consensus estimate of $521.61 million. Alpha Metallurgical Resources had a negative return on equity of 2.47% and a negative net margin of 1.83%.The firm’s quarterly revenue was down 10.4% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.38) earnings per share.

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

• 2026 guidance was lowered on shipments and raised on costs. The company now expects 14.2–15.4 million tons shipped and cost of coal sales of $103–$107 per ton, reflecting weaker-than-expected first-half volumes and higher diesel, supplies and materials costs.
• Storm damage at the DTA terminal remains a significant operational risk. One of two stacker reclaimers was severely damaged, and the company has not provided a timeline for restoring full capacity; revised guidance assumes reduced throughput through year-end.
• Metallurgical coal markets remain pressured by weak global steel demand and excess high-vol supply. Australian premium low-vol prices fell roughly 12% from quarter-end to August 6, while U.S. East Coast indices remained largely stagnant.
• The balance sheet remains relatively strong, with $447.8 million of total liquidity and no ABL borrowings. At the midpoint of guidance, 70% of 2026 metallurgical tons are committed and priced at an average $128.17 per ton, providing some revenue visibility.
• Wildcat is beginning production and is expected to increase the company’s low-volatility coal mix. Management also cited solid North American blast-furnace utilization as potential support for domestic low-vol demand during upcoming contract negotiations.

Alpha Metallurgical Resources Stock Performance

NYSE:AMR traded up $0.24 during mid-day trading on Friday, reaching $152.36. 300,056 shares of the stock were exchanged, compared to its average volume of 296,334. The stock has a market capitalization of $1.94 billion, a P/E ratio of -50.79 and a beta of 0.65. Alpha Metallurgical Resources has a 1 year low of $133.64 and a 1 year high of $253.82. The company has a 50 day simple moving average of $165.90 and a 200-day simple moving average of $184.69. The company has a quick ratio of 2.81, a current ratio of 3.67 and a debt-to-equity ratio of 0.01.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Zacks Research upgraded shares of Alpha Metallurgical Resources from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 29th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Alpha Metallurgical Resources in a research report on Wednesday, June 24th. B. Riley Financial dropped their target price on shares of Alpha Metallurgical Resources from $194.00 to $189.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 28th. Atlantic Securities set a $194.00 price target on shares of Alpha Metallurgical Resources in a research note on Thursday, April 30th. Finally, UBS Group began coverage on shares of Alpha Metallurgical Resources in a research report on Friday, July 10th. They issued a “neutral” rating and a $165.00 price target for the company. Six investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $177.00.

Insider Activity

In related news, EVP Mark Matthew Manno sold 460 shares of the company’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $214.64, for a total value of $98,734.40. Following the completion of the sale, the executive vice president owned 3,966 shares in the company, valued at $851,262.24. This represents a 10.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kenneth S. Courtis purchased 10,000 shares of Alpha Metallurgical Resources stock in a transaction that occurred on Friday, June 12th. The stock was acquired at an average price of $200.73 per share, with a total value of $2,007,300.00. Following the transaction, the director owned 985,394 shares in the company, valued at $197,798,137.62. The trade was a 1.03% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 18.20% of the company’s stock.

Hedge Funds Weigh In On Alpha Metallurgical Resources

A number of large investors have recently bought and sold shares of the company. First Citizens Bank & Trust Co. increased its stake in Alpha Metallurgical Resources by 1.8% during the 4th quarter. First Citizens Bank & Trust Co. now owns 4,058 shares of the energy company’s stock worth $811,000 after buying an additional 72 shares during the period. The Manufacturers Life Insurance Company grew its stake in shares of Alpha Metallurgical Resources by 1.2% during the second quarter. The Manufacturers Life Insurance Company now owns 6,256 shares of the energy company’s stock valued at $704,000 after acquiring an additional 76 shares in the last quarter. Virtus Advisers LLC grew its stake in shares of Alpha Metallurgical Resources by 2.8% during the fourth quarter. Virtus Advisers LLC now owns 3,443 shares of the energy company’s stock valued at $688,000 after acquiring an additional 93 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its position in shares of Alpha Metallurgical Resources by 215.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 164 shares of the energy company’s stock worth $33,000 after acquiring an additional 112 shares during the last quarter. Finally, Los Angeles Capital Management LLC purchased a new stake in shares of Alpha Metallurgical Resources during the fourth quarter worth about $29,000. Hedge funds and other institutional investors own 84.29% of the company’s stock.

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.