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Mar 31, 2021
Alpha Metallurgical Q1 2021 Earnings Report
Alpha Metallurgical reported a net loss from continuing operations of $32.7 million and an Adjusted EBITDA of $28.9 million.
Key Takeaways
Alpha Metallurgical Resources reported first quarter 2021 results, including a net loss from continuing operations of $32.7 million, or $1.78 per diluted share. Total Adjusted EBITDA was $28.9 million, primarily due to higher volumes and improved coal revenues per ton. The company reiterates its 2021 operating guidance.
Reported net loss from continuing operations of $32.7 million for the first quarter 2021.
Posted Adjusted EBITDA of $28.9 million for the first quarter 2021.
Continued strong cost management across all operating segments.
Expects significant reduction in minimum required pension contributions through 2025.
Revenue by Segment
Forward Guidance
The company reiterates its previously issued 2021 operating guidance with coal shipments guidance range of 14.8 million tons to 16.2 million tons, with Met segment volume expected to be between 13.5 million to 14.5 million tons with pure metallurgical coal shipments of 12.5 million to 13.0 million tons and incidental thermal shipments in this segment of 1.0 million to 1.5 million tons. Our All Other segment volume is anticipated to be between 1.3 million tons to 1.7 million tons.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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