PR Newswire·Jan 30, 2026, 8:00 AM ET

Alpha Announces Preliminary, Unaudited Results for Fourth Quarter 2025

AMR

Alpha Metallurgical Resources reported a preliminary net loss of $17.3 million ($1.34 per diluted share) for the fourth quarter ended December 31, 2025.
Adjusted EBITDA for the quarter was $28.5 million, excluding approximately $6 million in non-recurring mine recovery costs from water inundation at the Rolling Thunder mine.
The company sold 3.8 million tons of coal in the quarter, generating Met segment revenues of $519.1 million.
Met segment coal sales realization was $115.31 per ton, with 50% of tons sold under export-other pricing mechanisms, 22% domestic, and 28% export-Australian indexed.
Met segment cost of coal sales was $478.5 million, or $101.43 per ton on a non-GAAP basis excluding freight, handling, depreciation, depletion, amortization, accretion, amortization of intangibles, idle, closed mine costs, non-recurring flood costs, non-cash stock compensation, interest, income tax, depreciation, depletion, amortization, accretion, amortization of intangibles, non-recurring mine flood costs, adjusted EBITDA, and other adjustments.
As of December 31, 2025, total liquidity stood at $524.3 million, including $366.0 million in cash, $49.6 million in short-term investments, and $183.7 million in unused ABL availability.
Total long-term debt was $13.4 million, with no borrowings outstanding on the ABL facility and $41.3 million in letters of credit.
The share repurchase program has seen $1.1 billion spent to acquire 6.9 million shares since inception, including $20 million for 113,000 shares in Q4 2025.
Definitive audited financial results for the fourth quarter and full year 2025 are scheduled for release on February 27, 2026, alongside a conference call.