Alpha Metallurgical Resources (AMR)
Mines and exports Central Appalachian metallurgical coal for steelmaking.
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Mines and processes Central Appalachian metallurgical coal for domestic and international steel and coke producers, with thermal coal sold mainly as a byproduct. Most revenue comes from exports, supported by preparation plants, multimodal transport, and a majority interest in the Dominion Terminal Associates export facility.
Mines, processes, and markets metallurgical coal from underground and surface operations across Virginia and West Virginia through a single Met segment. The core product supplies steel and coke producers in the United States and international markets, while thermal coal produced as a byproduct goes to utilities and industrial customers. Most coal revenue comes from exports.
Blends captive and third-party coal to customer specifications using preparation plants and loadout facilities, then coordinates rail, truck, barge, and terminal capacity. A majority interest in Dominion Terminal Associates adds coal blending, storage, and export access at Newport News. Results depend on global steel demand and metallurgical coal prices, while operations depend on mine safety, environmental permits, reclamation obligations, and reliable transport and port infrastructure.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 21, 2026 | Jefferies | Reiterate | Rating: —Target: $185 | Target: $160 |
| Jul 10, 2026 | UBS | Initiate | Rating: —Target: — | Target: $165 |
| Apr 30, 2026 | Atlantic Equities | Target | Target: — | Target: $194 |
| Mar 2, 2026 | Jefferies | Target | Target: $205 | Target: $185 |
| Feb 4, 2026 | B. Riley Securities | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $338.5M · Total debt $11.4M · Total assets $2.26B · Shareholders' equity $1.50B
- Revenue
- $492.9M
- Operating income
- −$10.5M
- Net income
- −$12.3M
HistoryDividendAnnual yield
| Institutions | 89.11% | 11.30M shares | |
|---|---|---|---|
| 260 holders · as of Jun 30, 2026 | |||
| Insiders | 19.09% | 2.42M shares | |
| 11 holders · as of Sep 8, 2026 | |||
| Adds to | 108.20% | ||
12.68M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 108.20%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 14.31% | 1.81M | as of Jun 30, 2026 |
Kenneth S. CourtisInsiderdirector | 8.17% | 1.04M | filed Sep 8, 2026 |
State Street CorpInstitution | 7.69% | 974,463 | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 5.89% | 746,866 | as of Jun 30, 2026 |
Michael GorzynskiInsiderdirector, 10 percent owner, other: See Remarks | 5.20% | 659,738 | filed Aug 25, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 8, 2026 | Kenneth S. Courtis | director | +10,000 | $225.83 |
| Aug 28, 2026 | Kenneth S. Courtis | director | +5,000 | $228.99 |
| Aug 25, 2026 | Kenneth S. Courtis | director | +5,000 | $216.53 |
| Aug 21, 2026 | Michael Gorzynski | director, 10 percent owner, other: See Remarks | +10,000 | $208.92 |
| Aug 21, 2026 | Kenneth S. Courtis | director | +15,000 | $210.51 |
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- Ramaco Resources Class A
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- Peabody Energy
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- BHP (ADR)
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CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Alpha Metallurgical Resources | $188.61 | +0.09% | $2.23B | — | 48.5 | 1.1 | −10.4% |
| Warrior Met Coal | $92.10 | −0.06% | $4.67B | 21.3 | 13.0 | 2.8 | +71.3% |
| Core Natural Resources | $93.93 | +0.02% | $4.57B | 45.6 | 21.5 | 1.1 | +3.5% |
| Ramaco Resources Class A | $9.70 | +0.10% | $504.2M | — | — | 1.0 | −5.3% |
| Peabody Energy | $27.05 | +0.93% | $3.05B | — | 13.5 | 0.8 | +12.7% |
| BHP (ADR) | $87.83 | +0.02% | $218.70B | 22.2 | — | 3.7 | +19.9% |
| Median | 22.2 | 13.5 | 1.1 | +12.7% |