Profile
Sector:
Basic MaterialsIndustry:
Coking CoalCountry:
United StatesIPO:
08 February 2021Website:
http://www.alphametresources.comNext earnings report:
26 February 2025Last dividends:
30 November 2023Next dividends:
N/APrice
after hours | Tue, 19 Nov 2024 00:56:01 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
AMR Latest News
I rate Alpha Metallurgical Resources as a strong buy due to its undervalued stock price, despite missing earnings expectations and macroeconomic headwinds. AMR has managed cash flows and liquidity well, improving FCF to $158M and reducing CapEx by 36% YoY. Management is making tough decisions like idling mines to save costs and expects $10/short ton savings in 2025.
Alpha Metallurgical Resources, Inc. offers a strong investment opportunity due to strong cash generation, low valuation, healthy balance sheet and potential aggressive share buybacks. Met coal, its product, is essential for steel production. It has no viable substitutes, unlike thermal coal, which faces a declining future in developed countries. I assign a Buy rating on AMR stock due to the dip in coal prices as well as the continued commitment by management to reduce the share count float.
Alpha Metallurgical Resources had a very weak Q3, with an adjusted EBITDA of $49M and a net income of only $4M. The free cash flow was surprisingly good in Q3, though. The 2025 guidance was also positive with lower costs and capital commitments, lowering the breakeven next year.
Alpha Metallurgical Resources, Inc. (NYSE:AMR ) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Emily O'Quinn - Senior Vice President-Investor Relations and Communications Andy Eidson - Chief Executive Officer Jason Whitehead - President and Chief Operating Officer Todd Munsey - Chief Financial Officer Dan Horn - Chief Commercial Officer Conference Call Participants Lucas Pipes - B. Riley Securities Nathan Martin - The Benchmark Company Operator Greetings, and welcome to the Alpha Metallurgical Resources Third Quarter 2024 Results Conference Call.
Alpha Metallurgical (AMR) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $1.60 per share. This compares to earnings of $6.65 per share a year ago.
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Alpha Metallurgical (AMR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Alpha Metallurgical Resources, a U.S.-based metallurgical coal company, offers a compelling value investment opportunity for patient investors. The company's strong fundamentals and strategic positioning in the metallurgical coal market underpin its long-term growth potential. AMR's robust financial health and disciplined capital allocation enhance its attractiveness as a value investment.
Alpha Metallurgical Resources presents a compelling investment opportunity due to its strong financials and growth potential despite being in a disliked industry. The company's latest quarter showed lower coal prices and increased costs, as it continues to reduce its share count actively. Valued at $300 per share using a conservative 10x multiple on 2025 EPS, Alpha Metallurgical Resources offers a 50% upside from its current price of $194.
What type of business is Alpha Metallurgical Resources?
Alpha Metallurgical Resources, Inc., a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc. and changed its name to Alpha Metallurgical Resources, Inc. in February 2021. Alpha Metallurgical Resources, Inc. was incorporated in 2016 and is headquartered in Bristol, Tennessee.
What sector is Alpha Metallurgical Resources in?
Alpha Metallurgical Resources is in the Basic Materials sector
What industry is Alpha Metallurgical Resources in?
Alpha Metallurgical Resources is in the Coking Coal industry
What country is Alpha Metallurgical Resources from?
Alpha Metallurgical Resources is headquartered in United States
When did Alpha Metallurgical Resources go public?
Alpha Metallurgical Resources initial public offering (IPO) was on 08 February 2021
What is Alpha Metallurgical Resources website?
https://www.alphametresources.com
Is Alpha Metallurgical Resources in the S&P 500?
No, Alpha Metallurgical Resources is not included in the S&P 500 index
Is Alpha Metallurgical Resources in the NASDAQ 100?
No, Alpha Metallurgical Resources is not included in the NASDAQ 100 index
Is Alpha Metallurgical Resources in the Dow Jones?
No, Alpha Metallurgical Resources is not included in the Dow Jones index
When was Alpha Metallurgical Resources the previous earnings report?
No data
When does Alpha Metallurgical Resources earnings report?
The next expected earnings date for Alpha Metallurgical Resources is 26 February 2025