Earnings Releases·Nov 6, 2026, 7:32 AM ET

Alpha Metallurgical Resources — Third Quarter 2026 Earnings Summary

Reported a net loss of $9.3 million ($0.73 per share) for Q3 2026, an improvement from $12.3 million in Q2 2026 but a widening loss compared to $5.5 million in Q3 2025; Adjusted EBITDA rose to $29.4 million from $25.6 million in Q2 but declined from $41.7 million in Q3 2025.
Issued 2027 operational guidance projecting 14.3–15.7 million total tons, with cost of sales estimated at $104.00–$110.00 per ton and capital expenditures ranging from $145 million to $165 million.
Announced a share repurchase program authorizing up to $1.5 billion; as of October 31, 2026, the company had repurchased 7.1 million shares for $1.2 billion.
Net cash interest income is forecasted at $2–$4 million for 2027, while the company maintains $334.1 million in cash and $184.3 million in unused revolver availability as of September 30, 2026.
Management notes ongoing cost pressures and a lengthy timeline for replacing DTA stacker reclaimer equipment damaged in June, though no significant capital outlays are anticipated for the replacement.