PR Newswire·May 8, 2026, 7:30 AM ET

Alpha Releases First Quarter 2026 Financial Results

AMR

Alpha Metallurgical Resources reported a first-quarter 2026 net loss of $11.0 million, or $0.86 per diluted share, compared to a loss of $17.3 million in the fourth quarter 2025.
The company posted Adjusted EBITDA of $30.0 million for the quarter, an increase from $28.5 million in the previous quarter.
Operating cash flow for the first quarter was $29.0 million, while capital expenditures totaled $40.7 million.
Total tons of coal sold decreased to 3.6 million in Q1 2026 from 3.8 million in the prior quarter.
Met segment coal revenues were $523.5 million, with non-GAAP coal sales realization reaching $124.39 per ton.
Met segment cost of coal sales rose to $107.98 per ton, driven primarily by higher diesel prices & supply costs linked to the war in Iran.
CEO Andy Eidson stated the company expects better cost performance in subsequent quarters but may revise cost guidance upward if the Iran conflict persists.
As of March 31, 2026, the company held total liquidity of $476.2 million, with $317.2 million in cash & equivalents & no outstanding borrowings under its credit facility.
Total long-term debt stood at $12.2 million as of the end of the quarter.
Under its share repurchase program, the company acquired approximately 7.0 million shares at a cost of $1.2 billion as of April 30, 2026.
Stockholders re-elected all six board members & approved other proposals at the annual meeting held on May 6, 2026.
As of April 29, 2026, the company had priced 48% of its 2026 metallurgical coal shipments at an average price of $132.37 per ton.
Full-year 2026 guidance ranges metallurgical shipments between 14.4 million & 15.4 million tons.
The company plans to host a conference call regarding these results on May 8, 2026, at 10:00 a.m. Eastern time.