Alpha Metallurgical Resources announced preliminary results for the third quarter 2026, as improved shipment volumes were offset by market volatility and sustained cost headwinds. The company expects to report a net loss of $9.3 million and Adjusted EBITDA of $29.4 million, noting that realizations were negatively influenced by pricing fluctuations during the period.
Key Highlights
- Preliminary coal sales volume totaled 3.9 million tons, reflecting stronger sequential performance compared to the first half of 2026.
- Met segment net realized pricing averaged $121.09 per ton, impacted by significant market volatility over the recent months.
- Non-GAAP cost of coal sales for the Met segment remained high at $106.93 per ton.
- Total liquidity was $443.4 million as of September 30, including $334.1 million in cash and zero borrowings under the ABL facility.