Alpha Metallurgical Resources Lowers 2026 Shipment Guidance and Raises Cost Outlook Following Q2 Loss
AMR sits 21% above its 52-week low of $112.995.
Summary
Preliminary Q2 2026 results revealed a net loss, prompting Alpha Metallurgical Resources to lower full-year shipment guidance and raise cost expectations amid market weakness and terminal equipment damage.
Key Events · Earnings and Guidance · AMR
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Preliminary Q2 Net Loss
On 3.5 million tons sold, the company posted a net loss of $12.3 million, or $0.96 per diluted share, with Adjusted EBITDA reaching $25.6 million.
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Full-Year Guidance Cut
Met coal shipment guidance was reduced to 13.2-14.0 million tons, down from 14.4-15.4 million, while the cost of coal sales guidance was raised to $103-$107 per ton, up from $95-$101.
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Equipment Damage Impact
Wind-related damage to a stacker reclaimer at the Dominion Terminal Associates export facility contributed to the guidance reduction.
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Liquidity and Buybacks
As of June 30, 2026, total liquidity stood at $447.8 million. During Q2, $13.5 million was spent on share repurchases, or approximately 69,000 shares, under the $1.5 billion program.
Analysis · AMR · Energy & Transportation
A preliminary Q2 net loss of $12.3 million, or $0.96 per share, was reported alongside Adjusted EBITDA of $25.6 million. Citing persistent market weakness and wind-related equipment damage at its Dominion Terminal Associates export facility, the company cut its full-year met coal shipment guidance by 1.2 million tons at the midpoint and raised its cost of coal sales guidance by $7 per ton. The revised outlook signals a tougher operating environment than previously anticipated, though the company maintains strong liquidity of $447.8 million and continues its share repurchase program.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 36.9% of the 964 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.65%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, AMR was trading at $137.12 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $1.8B. The 52-week trading range was $113.00 to $253.82. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.