Alpha Metallurgical Confirms Q2 Loss, Slashes Guidance on Weak Met Market and Terminal Damage
AMR sits 25% above its 52-week low of $122.38.
Summary
Alpha Metallurgical reported a final Q2 net loss of $12.3 million, or $0.96 per share, matching preliminary figures from July 27. Adjusted EBITDA came in at $25.6 million, down from $30.0 million in Q1 and missing estimates due to lower shipments. The company lowered full-year shipment guidance, citing persistent softness in metallurgical coal markets and ongoing operational disruptions from the June storm damage at Dominion Terminal Associates. CEO Andy Eidson noted higher costs and fewer tons shipped, with mitigation efforts underway using alternative East Coast terminals. The updated cost guidance reflects expectations of continued supply cost pressures. This follows the preliminary release two weeks ago and the June 8-K detailing the terminal damage, reinforcing a challenging outlook for the second half of 2026.
At the time of this announcement, AMR was trading at $152.52 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $1.9B. The 52-week trading range was $122.38 to $253.82. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: PR Newswire.