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February 28, 2025 - Alpha Metallurgical Resources, Inc. (AMR) today reported a fourth-quarter loss of $2.1 million, after reporting a profit in the same period a year earlier.
Highlights
• Reports net loss of $2.1 million for the fourth quarter 2024 • Posts Adjusted EBITDA of $53.2 million for the quarter • Reduces 2025 volume guidance for metallurgical coal shipments to 14.5 million to 15.5 million tons • Increases full-year cost of coal sales guidance range to $103.00 to $110.00 per ton • Reduced letters of credit outstanding by $15 million during the quarter
On a per-share basis, the Bristol, Tennessee-based company said it had a loss of 16 cents.
The company posted revenue of $617.3 million in the period.
For the year, the company reported profit of $187.6 million, or $14.28 per share. Revenue was reported as $2.96 billion.
Alpha Metallurgical shares have fallen 26% since the beginning of the year. The stock has dropped 66% in the last 12 months.
To see the full results with financial figures included, click here (PDF). |
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