Alpha Metallurgical Resources(NYSE) AMR

Alpha Metallurgical Resources, Inc. mines coal for steel making. It helps builders create cars, bridges, and skyscrapers. The company also sells fuel for power plants.

Fueling the Global Steel Industry

• Metallurgical Coal: High-quality coal used as a raw material for steelmaking, which is the company’s primary focus.
• Thermal Coal: Fuel source produced as a byproduct and sold for electricity generation and industrial uses.
• Ancillary Services: Supplemental income generated from equipment sales, rentals, royalties, and natural gas production.

Expanding Operations and Infrastructure

• Launched production at the Kingston Wildcat underground mine during the second quarter of 2026.
• Committed to a 49% partnership in Centauri Ground Support LLC in April 2026 to manufacture mining supplies.
• Continued a multiyear infrastructure refurbishment program at the Dominion Terminal Associates (DTA) export terminal.
• Recorded $14.3 million in grant income from new manufacturing tax credits during the first half of 2026.

A Network of Appalachian Mines

Alpha Metallurgical Resources operates 21 active mines and eight coal preparation plants across Virginia and West Virginia. It manages 294.5 million tons of proven and probable coal reserves to serve steel manufacturers globally.

The Quarter in Numbers

• Total revenues were $492.9 million for the three months ended June 30, 2026, down 10.4% year over year.
• Adjusted EBITDA (non-GAAP) was $25.6 million for the three months ended June 30, 2026, down 44.5% year over year.
• Net loss reached $12.3 million for the three months ended June 30, 2026.
• Capital expenditures totaled $85.8 million during the six-month period ended June 30, 2026.
• Coal sales volume was 3.5 million tons for the three months ended June 30, 2026, down 8.7% year over year.

Bottom Line

Alpha Metallurgical Resources produces materials essential for global steel production and infrastructure. The company is investing in new mining capacity and facility upgrades to maintain its position as a leading supplier.