PR Newswire·Oct 23, 2026, 8:00 AM ET

Alpha Announces Preliminary Financial Results for Third Quarter 2026

Alpha Metallurgical Resources announced preliminary third-quarter 2026 net loss of $9.3 million ($0.73 per diluted share) on October 23, 2026.
The company reported Adjusted EBITDA of $29.4 million for the three months ended September 30, 2026.
Total tons of coal sold in the Met segment reached 3.9 million, reflecting stronger volumes than the first half of the year.
Met segment coal revenues totaled $560.6 million, with non-GAAP revenues (excluding freight & handling) at $474.1 million.
Third-quarter net realized pricing for the Met segment was $121.09 per ton.
Breakdown of Met segment sales included 27% domestic, 22% Australian indexed exports, and 51% other export pricing mechanisms.
Non-GAAP cost of coal sales for the Met segment was $418.6 million, equating to $106.93 per ton.
As of September 30, 2026, total liquidity stood at $443.4 million, consisting of $334.1 million in cash & equivalents & $184.3 million in unused ABL availability.
The company held no borrowings under its asset-based revolving credit facility but had $40.7 million in letters of credit outstanding.
Total long-term debt as of September 30, 2026, was $10.6 million.
Share repurchase program spending during Q3 2026 was approximately $3.0 million for roughly 18,000 shares, bringing total program spend to $1.2 billion for 7.1 million shares.
Definitive third-quarter financial results & a conference call are scheduled for November 6, 2026.