Newsroom

Two New Independent Members – Joanna Baker de Neufville and Michael Gorzynski – to Join the Board in January 2023

BRISTOL, Tenn., December 1, 2022 – Alpha Metallurgical Resources, Inc. (NYSE: AMR) (“Alpha” or the “Company”), a leading U.S. supplier of metallurgical products for the steel industry, today announced the upcoming appointments of Joanna Baker de Neufville and Michael Gorzynski to the Company’s Board of Directors (the “Board”), effective January 1, 2023. The Company previously announced that Andy Eidson will also join the Board upon assuming the chief executive officer role on January 1, 2023.

BRISTOL, Tenn., November 28, 2022 – Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today announced its operational guidance for the 2023 calendar year.

• Posts net income from continuing operations of $251.8 million, or $14.21 per diluted share, for the quarter
• Reports third quarter Adjusted EBITDA of $294.9 million
• Generates quarterly operating cash flow of $497.0 million
• Announces 4.5 million tons of 2023 domestic sales commitments at an average price of $192.27 per ton
• Announces cumulative $452 million in buybacks through share repurchase program as of October 31, 2022
• Increases share buyback authorization to $1 billion from prior level of $600 million
• Announces one-time, special dividend of $5.00 per share
• Increases quarterly dividend amount to 41.8 cents per share

BRISTOL, Tenn., November 7, 2022 – Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today reported results for the third quarter ending September 30, 2022.

BRISTOL, Tenn., October 19, 2022 – Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, plans to announce its third quarter 2022 financial results before the market opens on Monday, November 7, 2022.

BRISTOL, Tenn., September 13, 2022 – Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, is scheduled to present today at the 35th Annual Credit Suisse Specialties and Basics Conference in New York City.

CEO Stetson Announces Planned Transition to Executive Board Chairman at Year End; President and CFO Eidson to Assume CEO Role

• Provides details on succession roadmap for Stetson’s end of year planned retirement
• Reports second quarter net income from continuing operations of $575.4 million
• Posts record Adjusted EBITDA of $694.5 million for the second quarter 2022
• Eliminates remaining term-loan balance in June, effectively freeing the company of long-term debt
• Reports $268 million in buybacks through share repurchase program
• Increases quarterly dividend amount to 39.2 cents per share
• Adjusts full-year guidance upward for byproduct thermal shipments from the Met segment and SG&A

BRISTOL, Tenn., August 8, 2022 – Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today reported results for the second quarter ending June 30, 2022.

BRISTOL, Tenn., July 25, 2022 – Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, plans to announce its second quarter 2022 financial results before the market opens on Monday, August 8, 2022.

Company Also Provides Updates on Share Repurchase Program and Combined $56.6 Million in Collateral Releases

BRISTOL, Tenn., June 6, 2022 – Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today announced several positive financial updates, including the elimination of its remaining term loan balance.