Alpha Metallurgical Resources (NYSE:AMR) Announces Earnings Results, Hits Expectations

Alpha Metallurgical Resources (NYSE:AMR) released its earnings results on Friday. The energy company reported ($0.86) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.86), FiscalAI reports. Alpha Metallurgical Resources had a negative net margin of 2.90% and a negative return on equity of 3.88%. The firm had revenue of $447.32 million during the quarter, compared to the consensus estimate of $535.15 million. During the same period in the previous year, the firm earned ($2.60) earnings per share. Alpha Metallurgical Resources’s revenue was down 1.3% compared to the same quarter last year.

Here are the key takeaways from Alpha Metallurgical Resources’ conference call:

• Alpha reported Q1 adjusted EBITDA of $30 million on 3.6 million tons shipped; metallurgical realizations rose to $128.40/ton while cost of coal sales increased to $108/ton, SG&A rose and total liquidity declined to $476.2 million.
• Management said Iran-related war inflation (notably diesel and supply/repair costs) added roughly $2/ton in Q1 and could produce a larger full-quarter impact in Q2, warning it may raise full-year cost guidance above the current $95–$101/ton range if the situation persists.
• Realizations were helped by strength in the Australian PLV index—Aussie-linked export met realized $144.95/ton vs $110.32/ton on Atlantic indices—creating opportunities to place more low/medium-vol tons into higher-priced Asian-linked sales where economics allow.
• The company mitigated a four-week Dominion Terminal Associates outage by using additional Hampton Roads capacity, and the Kingston/Wildcat mine is on coal and expected to ramp through Q2–Q4, supporting a stronger shipping cadence later in 2026.
• At the midpoint of guidance Alpha has 48% of Met tonnage committed and priced at an average of $132.37/ton, 43% committed but unpriced, and thermal byproduct fully committed at $74.53/ton, leaving material exposure to future index movements on the unpriced volume.

Alpha Metallurgical Resources Trading Down 4.7%

AMR stock traded down $9.00 during midday trading on Friday, reaching $184.43. 350,229 shares of the company’s stock traded hands, compared to its average volume of 224,403. The company has a market capitalization of $2.36 billion, a P/E ratio of -38.91 and a beta of 0.60. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.47 and a quick ratio of 3.53. Alpha Metallurgical Resources has a fifty-two week low of $97.41 and a fifty-two week high of $253.82. The business has a 50-day moving average price of $193.08 and a two-hundred day moving average price of $191.49.

Alpha Metallurgical Resources News Roundup

Here are the key news stories impacting Alpha Metallurgical Resources this week:

• Positive Sentiment: Alpha narrowed its loss year over year, reporting a Q1 loss of $0.86 per share versus a loss of $2.60 a year ago, and adjusted EBITDA came in at $30.0 million. Article: Alpha Releases First Quarter 2026 Financial Results
• Positive Sentiment: The company met earnings expectations, posting EPS of ($0.86), which matched consensus and suggests results were not as bad as feared on the bottom line. Article: Alpha Metallurgical (AMR) Reports Q1 Loss
• Neutral Sentiment: Management’s earnings call and transcript releases are drawing attention as investors look for commentary on coal demand, pricing, and margins going forward. Article: Alpha Metallurgical Resources, Inc. (AMR) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Revenue missed Wall Street estimates, coming in at $447.3 million versus expectations of $535.2 million, underscoring softer-than-expected sales performance. Article: Alpha Metallurgical: Q1 Earnings Snapshot
• Negative Sentiment: Zacks Research downgraded AMR to strong sell, adding to pressure on the stock after the earnings release. Article: Zacks downgrade coverage

Analyst Ratings Changes

AMR has been the subject of a number of recent analyst reports. Benchmark restated a “hold” rating on shares of Alpha Metallurgical Resources in a report on Monday, March 2nd. B. Riley Financial boosted their target price on shares of Alpha Metallurgical Resources from $203.00 to $207.00 and gave the company a “neutral” rating in a report on Thursday, March 5th. Atlantic Securities set a $194.00 target price on shares of Alpha Metallurgical Resources in a report on Thursday, April 30th. Weiss Ratings restated a “sell (d)” rating on shares of Alpha Metallurgical Resources in a report on Friday, March 27th. Finally, Texas Capital downgraded shares of Alpha Metallurgical Resources from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 29th. Four equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $195.33.

Insider Buying and Selling at Alpha Metallurgical Resources

In other Alpha Metallurgical Resources news, CFO Joshua Todd Munsey sold 2,523 shares of Alpha Metallurgical Resources stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $183.24, for a total transaction of $462,314.52. Following the transaction, the chief financial officer directly owned 4,735 shares of the company’s stock, valued at $867,641.40. The trade was a 34.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Kenneth S. Courtis purchased 25,000 shares of Alpha Metallurgical Resources stock in a transaction on Monday, March 9th. The shares were acquired at an average cost of $176.23 per share, for a total transaction of $4,405,750.00. Following the completion of the transaction, the director owned 841,537 shares of the company’s stock, valued at $148,304,065.51. This represents a 3.06% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 58,000 shares of company stock valued at $10,530,610 over the last ninety days. Corporate insiders own 18.20% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in AMR. State Street Corp lifted its position in shares of Alpha Metallurgical Resources by 27.2% during the second quarter. State Street Corp now owns 865,934 shares of the energy company’s stock worth $97,400,000 after purchasing an additional 185,281 shares in the last quarter. Millennium Management LLC lifted its position in shares of Alpha Metallurgical Resources by 208.0% during the first quarter. Millennium Management LLC now owns 106,107 shares of the energy company’s stock worth $13,290,000 after purchasing an additional 71,653 shares in the last quarter. Two Sigma Investments LP acquired a new position in shares of Alpha Metallurgical Resources during the third quarter worth $8,132,000. Marshall Wace LLP acquired a new position in shares of Alpha Metallurgical Resources during the second quarter worth $5,284,000. Finally, Norges Bank acquired a new position in shares of Alpha Metallurgical Resources during the fourth quarter worth $8,255,000. 84.29% of the stock is owned by institutional investors and hedge funds.

About Alpha Metallurgical Resources

Alpha Metallurgical Resources, Inc (NYSE: AMR) is a leading pure-play producer of high-grade metallurgical coal, primarily serving the global steelmaking industry. Headquartered in Bristol, Virginia, the company operates multiple underground and surface mining complexes across the central Appalachian and Illinois basins. Its production portfolio focuses on premium raw and semi-soft coking coal products tailored to meet the specifications of steel producers worldwide.

Formed in July 2021 through the spin-out of Contura Energy’s metallurgical coal business, Alpha Metallurgical Resources has built a reputation for operational excellence and cost-efficient mining.