Alpha Metallurgical Resources Lowers 2026 Shipment Guidance and Raises Cost Outlook Following Q2 Loss

summarizeSummary

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.

check_boxKey Events · Earnings and Guidance · AMR

• 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.

• 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.

• Equipment Damage Impact

  Wind-related damage to a stacker reclaimer at the Dominion Terminal Associates export facility contributed to the guidance reduction.

• 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.

auto_awesomeAnalysis · 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.