PR Newswire·Apr 24, 2026, 8:00 AM ET

Alpha Releases Preliminary Results for First Quarter 2026

Alpha Metallurgical Resources reported a preliminary net loss of $11.0 million ($0.86 per diluted share) for Q1 2026 ending March 31, 2026.
Adjusted EBITDA for the quarter was $30.0 million.
Total coal sales volume reached 3.6 million tons, resulting in $523.5 million in Met segment coal revenues.
Non-GAAP coal sales realization for the Met segment was $124.39 per ton.
CEO Andy Eidson attributed lower results to reduced shipment volumes from a planned month-long equipment outage at Dominion Terminal Associates & elevated costs from repairs & increased diesel prices.
Domestic coal sales accounted for 24% of Met segment tons sold at $137.27 per ton.
Export sales indexed to Australia represented 33% of Met tons at $144.95 per ton.
Other export pricing mechanisms made up 43% of Met tons at $110.32 per ton.
Thermal coal revenues totaled $16.9 million for 0.2 million tons sold.
Total liquidity as of March 31, 2026, was $476.2 million, including $317.2 million in cash & cash equivalents.
The company had no borrowings on its asset-based revolving credit facility, with $40.7 million in letters of credit outstanding.
Share repurchase activity in Q1 2026 involved spending approximately $17.5 million to acquire roughly 87,000 shares.
Cumulative share repurchases since the program's start totaled approximately 7.0 million shares at a cost of $1.2 billion.
Definitive Q1 2026 financial results & a conference call are scheduled for May 8, 2026.