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Lead Independent Director Gorzynski to Assume Chairman Role
BRISTOL, Tenn., Dec. 6, 2024 /PRNewswire/ -- Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today announced the retirement of chairman David Stetson from its board of directors, effective December 13, 2024. Stetson's departure, which is not a result of any disagreement with the company, comes after his significant and successful tenure with Alpha during which the company paid off its long-term debt and posted record revenue generation.
BRISTOL, Tenn., Nov. 1, 2024 /PRNewswire/ -- Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today reported financial results for the third quarter ending September 30, 2024.
BRISTOL, Tenn., Oct. 15, 2024 /PRNewswire/ -- Alpha Metallurgical Resources, Inc. (NYSE: AMR) ("Alpha" or the "Company"), a leading U.S. supplier of metallurgical products for the steel industry, today announced preliminary sales volumes and realizations for the third quarter of 2024.
"Our preliminary third quarter results reflect the market softness of the last few months, with revenues and shipment volumes both lower than in first or second quarter," said Andy Eidson, Alpha's chief executive officer. "With a significant slowdown in spot activity during the quarter, we continued to fulfill our existing contracts, which resulted in 4.1 million tons shipped in Q3, and we believe we will end the year toward the higher end of our previously issued shipment guidance range. While the coal market indexes remain soft, we continue focusing on the controllable aspects of our business, including cost of coal sales, which we believe will end the year within the existing guidance range despite experiencing some additional adversity due to weather and mining conditions in the back half of the year. We look forward to providing additional information on the third quarter when we announce our definitive results on November 1st, at which time we will also share our thoughts about 2025."
BRISTOL, Tenn., July 10, 2024 /PRNewswire/ -- Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, plans to announce its second quarter 2024 financial results before the market opens on Monday, August 5, 2024.
The company also expects to hold a conference call to discuss its second quarter 2024 results at 10:00 a.m. Eastern time on August 5. Participating on the call will be Alpha's chief executive officer, Andy Eidson; president and chief operating officer, Jason Whitehead; executive vice president and chief financial officer, Todd Munsey; and executive vice president and chief commercial officer, Dan Horn.
BRISTOL, Tenn., May 10, 2024 /PRNewswire/ -- Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today announces the upcoming departure of Roger Nicholson, the company's executive vice president, chief administrative officer, general counsel and secretary. As approved by Alpha's board of directors on May 8, 2024, Nicholson will leave the company effective May 31, 2024 after four and a half years of service.
BRISTOL, Tenn., May 6, 2024 /PRNewswire/ -- Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today reported financial results for the first quarter ending March 31, 2024.
(millions, except per share)
Three months ended
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Net income
$127.0
$176.0
$270.8
Net income per diluted share
$9.59
$12.88
$17.01
Adjusted EBITDA(1)
$189.6
$266.3
$354.4
Operating cash flow
$196.1
$199.4
$177.4
Capital expenditures
($63.6)
($61.5)
($74.2)
Tons of coal sold
4.4
4.6
3.9