Alpha Metallurgical reports Q4 prelim net loss

Overview

• Metallurgical products supplier's preliminary Q4 net loss was $17.3 mln

• Adjusted EBITDA for Q4 missed analyst expectations

• Company repurchased 113,000 shares for $20 mln in Q4

Outlook

• Alpha expects Q1 2026 to benefit from improved met coal pricing

• Company remains focused on capitalizing on improved met coal pricing environment

Result Drivers

• CHALLENGING MARKET - CEO Andy Eidson cited a challenging met coal market environment throughout 2025 as a factor in the Q4 results

• WATER INUNDATION COSTS - Non-recurring costs from a water inundation at Rolling Thunder mine impacted Q4 results

• LATE PRICING IMPROVEMENTS - Late quarter improvements in low-vol met coal indexes mostly benefited Q1 2026

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the iron & steel peer group is "buy"

• Wall Street's median 12-month price target for Alpha Metallurgical Resources Inc is $204.00, about 7.7% below its January 29 closing price of $221.06

• The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nPncdTgfba

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