PR Newswire·Nov 6, 2026, 7:30 AM ET

Alpha Announces Financial Results for Third Quarter 2026

AMR

Alpha Metallurgical Resources reported a net loss of $9.3 million ($0.73 per diluted share) for the third quarter ended September 30, 2026.
Adjusted EBITDA for the quarter was $29.4 million, compared to $25.6 million in the second quarter of 2026.
The company announced sales commitments of 3.5 million tons to domestic customers for shipment in 2027 at an average price of $135.48 per ton.
Operational guidance for 2027 expects total shipment volumes between 14.3 million and 15.7 million tons, including 13.1 million to 14.1 million metallurgical tons.
Alpha provided an update on stacker reclaimer equipment damage at Dominion Terminal Associates caused by a June storm, noting that insurance conversations are progressing positively.
Management stated it does not anticipate significant capital outlays for the damaged equipment replacement and plans to utilize other Hampton Roads terminals to minimize disruption.
Coal revenues for the third quarter totaled $560.6 million, with 3.9 million tons sold in the Met segment.
The average Met segment cost of coal sales increased to $106.93 per ton in the third quarter from $103.07 per ton in the second quarter.
Cash provided by operating activities reached $46.9 million in the third quarter, while capital expenditures were $33.8 million.
Total liquidity as of September 30, 2026, was $443.4 million, consisting of $334.1 million in cash and $184.3 million in unused ABL availability.
As of October 31, 2026, the company had repurchased approximately 7.1 million shares for $1.2 billion under its $1.5 billion authorization.
2027 guidance projects capital expenditures between $145 million and $165 million, with SG&A costs between $53 million and $59 million.
The company expects a 2027 cash tax rate between 0% and 5% and net cash interest income between $2 million and $4 million.
As of October 29, 2026, approximately 87% of 2026 metallurgical coal was committed and priced at an average of $126.69 per ton.

Company: ALPHA METALLURGICAL RESOURCES, INC.
Keywords: ALPHA METALLURGICAL RESOURCES, INC.