Alpha Metallurgical Resources Inc

Latest Results (06.10.2025):

Alpha Metallurgical Resources Inc. reported its financial results for the fourth quarter of 2024, reflecting a challenging market environment with a net loss and adjustments to future guidance amidst subdued metallurgical coal demand.

Net Loss in Q4 2024

Alpha Metallurgical Resources Inc. recorded a net loss of $2.1 million for the fourth quarter of 2024, compared to a net income of $3.8 million in the third quarter of 2024. This shift underscores the impact of the weak metallurgical coal market on the company's financial performance.

Adjusted EBITDA Performance

The company's Adjusted EBITDA for Q4 2024 was $53.2 million, an increase from $49.0 million in the previous quarter. This improvement highlights Alpha's ability to manage its earnings before interest, taxes, depreciation, and amortization despite market challenges.

2025 Guidance Adjustments

Alpha has revised its full-year 2025 guidance for metallurgical coal shipments, reducing the range to 14.5 million to 15.5 million tons from the previous 15.0 to 16.0 million tons. Additionally, the company has increased its 2025 cost of coal sales guidance to between $103.00 and $110.00 per ton, reflecting higher projected costs.

Cost of Coal Sales Reduction

The cost of coal sales in the Met segment decreased to an average of $108.82 per ton in Q4 2024, down from $114.27 per ton in Q3 2024. This reduction indicates improved cost management and operational efficiencies within the company's coal sales operations.

Strengthened Liquidity Position

As of December 31, 2024, Alpha Metallurgical Resources Inc. maintained a strong liquidity position with total liquidity of $519.4 million, including $481.6 million in cash and $112.9 million of unused credit facility. The company also reduced outstanding letters of credit by $15 million during the quarter, enhancing its financial stability.

Ongoing Share Repurchase Program

Alpha continued its share repurchase program, having acquired approximately 6.6 million shares of common stock for $1.1 billion as of February 21, 2025. The company remains committed to repurchasing shares based on market conditions and strategic considerations.