Company Bizbrief

    Ad blocking detected

    Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

    If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

    Canadian Insider Ultra Club
    $432/ year*
    Daily Morning INK newsletter
    +3 months archive
    Canadian Market INK weekly newsletter
    +3 months archive
    30 publication downloads per month from the PDF store
    Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
    All benefits of basic registration
    No 3rd party display ads
    JOIN THE CLUB

    * Price is subject to applicable taxes.

    Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

    Return to homepage

    Alpha Metallurgical Resources Inc (N:AMR)

    Business Focus: Coke Coal Mining

    Get the company report for the most recent outlook updated daily
    Sector:  Basic Materials Industry:  Steel
     
    See Regulatory Filings on SEC
    Company Contact
    Address: 340 Martin Luther King Jr Blvd
    BRISTOL TN 37620-4081
    Tel: 1-423-5730369
    Website: https://alphametresources.com
    IR: See website
    Key People
    Jason E. Whitehead
    President, Chief Operating Officer     		Charles Andrew Eidson
    Chief Executive Officer, Director     		Joshua Todd Munsey
    Chief Financial Officer, Executive Vice President
    Roger Lee Nicholson
    Executive Vice President, Chief Administrative Officer, General Counsel, Secretary     		Mark M. Manno
    Executive Vice President, General Counsel, Company Secretary     		Daniel E. Horn
    Executive Vice President, Chief Commercial Officer
    Business Overview
    Alpha Metallurgical Resources, Inc. is a mining company with operations across Virginia and West Virginia. The Company supplies metallurgical products to the steel industry. Its portfolio of mining operations consists of about 15 underground mines, seven surface mines and nine coal preparation plants. It extracts, processes and markets met and thermal coal from deep and surface mines for sale to steel and coke producers, industrial customers, and electric utilities. It conducts mining operations only in the United States with mines in Central Appalachia. The Company operates in one segment: Met, which consists of five active mines and two preparation plants in Virginia, 17 active mines and six preparation plants in West Virginia, as well as expenses associated with certain idled/closed mines. The Met segment operations consist of met coal mines, including Deep Mine 41, Road Fork 52, Black Eagle, and Lynn Branch. It ships met coal to domestic and international steel and coke producers.
    Financial Overview
    For the three months ended 31 March 2024, Alpha Metallurgical Resources Inc revenues decreased 5% to $864.1M. Net income decreased 53% to $127M. Revenues reflect MET segment decrease of 3% to $864.1M, Other segment decrease from $21.3M to $0K. Net income also reflects Depreciation, depletion and amortization increase of 38% to $40.7M (expense), Other operating loss (income) increase from $1.1M (income) to $3M (expense).