UBS Adjusts Price Target on Alpha Metallurgical Resources to $180 From $160, Maintains Neutral Rating

Alpha Metallurgical Resources (AMR) reported preliminary Q3 2026 results, including a net loss of $9.3M ($0.73 per share) and $29.4M in adjusted EBITDA. Coal sales reached 3.9M tons with a realized price of $121.09 per ton. The company has $443.4M in liquidity and has repurchased 7.1M shares for $1.2B. Final results will be released November 6, 2026.

Alpha Metallurgical Resources, Inc. (AMR) filed an SEC Form 8-K — Results of Operations and Financial Condition. FOR IMMEDIATE RELEASE Alpha Announces Preliminary Financial Results for Third Quarter 2026 BRISTOL, Tenn., October 23, 2026 - Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today announced preliminary fin

A federal judge blocked New York's $75 billion climate superfund law, ruling it conflicts with federal law. Judge Brenda Sannes sided with Republican-led states and energy groups, finding the law preempted by the Clean Air Act. The law aimed to hold energy companies liable for global greenhouse gas emissions, but the judge ruled it infringed on federal interests. The ruling comes ahead of a Supreme Court case on similar issues. Companies like ExxonMobil and Chevron were involved in the challenge

A federal judge blocked New York's $75 billion climate superfund law, ruling it conflicts with federal law and cannot force energy companies to pay for global greenhouse gas emissions. Judge Brenda Sannes sided with Republican-led states and energy groups, finding the law preempted by the Clean Air Act. The ruling comes as the Supreme Court prepares to hear a similar case in October. New York's law aimed to fund climate infrastructure projects using payments from major fossil fuel companies.

Alpha Metallurgical Resources (AMR) reported Q2 adjusted EBITDA of $25.6M, down from $30.0M, with shipments at 3.5M tons vs 3.6M. Full-year shipment guidance was cut to 14.2M-15.4M tons and cost outlook raised to $103-$107/ton. Liquidity ended at $447.8M. Storm damage at an export terminal and weaker met markets were cited.

Alpha Metallurgical Resources (NYSE:AMR) reported Q2 2026 net loss of $12.3 million and adjusted EBITDA of $25.6 million. Metallurgical shipments fell to 3.5 million tons and met segment realization declined to $118.71/ton. The company cut full-year shipment guidance to 14.2-15.4 million tons and raised cost guidance to $103-$107/ton, citing DTA terminal constraints and weaker steel demand. AMR spent $1.2 billion on repurchases.