Alpha Metallurgical posts Q1 loss on lower shipments, higher supply costs

Alpha Metallurgical Resources

24/04/2026 13:13

Overview

Company posted preliminary Q1 net loss, citing lower shipments and higher supply costs

Company repurchased $17.5 mln in shares during the quarter

Outlook

Company says it will provide 2026 expectations with definitive Q1 results in May

Result Drivers

LOWER SHIPMENTS - Co said a planned month-long outage for equipment upgrades at Dominion Terminal Associates led to lower Q1 shipments

HIGHER SUPPLY COSTS - Co said elevated costs, including repair and maintenance needs and a significant increase in diesel pricing, contributed to higher cost of coal sales

Company press release: ID:nPn16Yhf1a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Income
-$11 mln
Q1 Adjusted EBITDA
$30 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the iron & steel peer group is "buy."

Wall Street's median 12-month price target for Alpha Metallurgical Resources Inc is $207.00, about 4.1% above its April 23 closing price of $198.91

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 14 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)