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.
Alpha Announces New Director Appointments
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.
Alpha Announces 2023 Full-Year Operational Guidance
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.
Alpha Reports Third Quarter 2022 Financial Results
• 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.
Alpha to Announce Third Quarter 2022 Financial Results on November 7
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.
Alpha Provides Update on 2023 Domestic Sales Commitments and Share Repurchase Program
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.
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