Alpha Announces Second Quarter 2023 Financial Results
• Reports second quarter net income of $181.4 million, or $12.16 per diluted share
• Posts Adjusted EBITDA of $258.5 million for the quarter
• Maintains robust progress of share buyback program by returning more than $850 million to shareholders since program inception as of July 31, 2023, with nearly $350 million in board authorization remaining
• Declares quarterly dividend of $0.50 per share
• Announces board decision to cease fixed dividend program at year end, consolidating focus and exclusive capital return priority to the share buyback program
• Reduces full-year volume guidance for thermal coal within the Met segment to 1.0 million to 1.4 million tons
BRISTOL, Tenn., August 4, 2023 – Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today reported financial results for the second quarter ending June 30, 2023.
Alpha to Announce Second Quarter 2023 Financial Results on August 4
BRISTOL, Tenn., July 13, 2023 – Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, plans to announce its second quarter 2023 financial results before the market opens on Friday, August 4, 2023.
Alpha Announces Operational Updates
Temporarily Halted Production at the Road Fork 52 Mine and Mechanical Failure at Dominion Terminal Associates Contribute to Delayed Shipments
BRISTOL, Tenn., June 23, 2023 – Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today announced two separate operational challenges. While both issues have been substantially resolved, they are expected to delay certain shipments that would have otherwise occurred within the second quarter of 2023.
Alpha Announces First Quarter 2023 Financial Results
• Reports first quarter net income of $270.8 million, or $17.01 per diluted share
• Posts Adjusted EBITDA of $354.4 million for the quarter
• Continues executing on robust buyback program by returning approximately $200 million to shareholders year-to-date as of May 4, 2023, with roughly $485 million in board authorization remaining
• Increases quarterly dividend to $0.50 from $0.44 per share
BRISTOL, Tenn., May 8, 2023 – Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today reported financial results for the first quarter ending March 31, 2023.
Alpha to Announce First Quarter 2023 Financial Results on May 8
BRISTOL, Tenn., April 17, 2023 – Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, plans to announce its first quarter 2023 financial results before the market opens on Monday, May 8, 2023.
Alpha Announces Fourth Quarter and Full Year 2022 Financial Results
• Posts net income of $220.7 million, or $13.37 per diluted share, for the quarter
• Reports fourth quarter Adjusted EBITDA of $247.9 million
• Returns roughly $517 million to shareholders through buybacks in 2022
• Returns approximately $100 million to shareholders through dividends declared in 2022
• Increases share buyback authorization to $1.2 billion from prior level of $1 billion
• Increases quarterly dividend to $0.44 from $0.418 per share
BRISTOL, Tenn., February 23, 2023 – Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today reported results for the fourth quarter and full year ending December 31, 2022.
Alpha to Announce Fourth Quarter 2022 Financial Results on February 23
BRISTOL, Tenn., January 30, 2023 – Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, plans to announce its fourth quarter 2022 financial results before the market opens on Thursday, February 23, 2023.
Alpha Announces Preliminary, Unaudited Fourth Quarter 2022 Financial Results
Challenging Geology, Transportation Issues Contribute to Fewer Shipped Tons and Higher Cost of Coal Sales for the Quarter
BRISTOL, Tenn., January 30, 2023 – Alpha Metallurgical Resources, Inc. (NYSE: AMR) (“Alpha” or the “Company”), a leading U.S. supplier of metallurgical products for the steel industry, today announced preliminary, unaudited financial results for the fourth quarter ending December 31, 2022.
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