Alpha Announces Financial Results for Fourth Quarter and Full Year 2023

• Posts fourth quarter net income of $176.0 million, or $12.88 per diluted share
• Announces Adjusted EBITDA of $266.3 million for the quarter
• Continues progress on buyback program, with approximately $1.1 billion returned to shareholders since program inception
• Announces changes to company’s board of directors

BRISTOL, Tenn., February 26, 2024 – Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today reported financial results for the fourth quarter and full year ending December 31, 2023.

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Alpha to Announce Fourth Quarter and Full Year 2023 Financial Results on February 26

BRISTOL, Tenn., February 5, 2024 – Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, plans to announce its fourth quarter and full year 2023 financial results before the market opens on Monday, February 26, 2024.

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Alpha Announces Financial Results for Third Quarter 2023

• Posts third quarter net income of $93.8 million, or $6.65 per diluted share
• Announces Adjusted EBITDA of $153.9 million for the quarter
• Continues progress on buyback program, with nearly $940 million returned to shareholders since program inception as of October 27, 2023
• Announces $300 million increase in authorization for the share repurchase program, bringing total authorization to $1.5 billion
• Declares quarterly dividend of $0.50 per share, after which the dividend program will cease
• Issues 2024 operational guidance
• Announces completed refinancing of Asset-Based Revolving Credit Facility (ABL)
• Completes transition to pure-play metallurgical producer with the closure of last remaining thermal mine, Slabcamp

BRISTOL, Tenn., November 2, 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 third quarter ending September 30, 2023.

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Alpha Announces Preliminary Sales Volumes and Realizations for Third Quarter 2023 and Revised Full Year 2023 Guidance

BRISTOL, Tenn., October 12, 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 sales volumes and realizations for the third quarter of 2023 and revised full year 2023 guidance.

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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.

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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.

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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.

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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.

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