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Jun 30, 2023
Alpha Metallurgical Q2 2023 Earnings Report
Reported net income of $181.4 million and Adjusted EBITDA of $258.5 million.
Key Takeaways
Alpha Metallurgical Resources reported a net income of $181.4 million, or $12.16 per diluted share, for the second quarter 2023. The company's Adjusted EBITDA was $258.5 million for the quarter. They are reducing full year 2023 guidance for the thermal coal volumes within the Met segment.
Reported second quarter net income of $181.4 million, or $12.16 per diluted share
Posted Adjusted EBITDA of $258.5 million for the quarter
Maintained robust progress of share buyback program by returning more than $850 million to shareholders since program inception as of July 31, 2023, with nearly $350 million in board authorization remaining
Declared quarterly dividend of $0.50 per share
Revenue by Segment
Forward Guidance
Alpha is reducing full year 2023 guidance for the thermal coal volumes within the Met segment. The new thermal coal guidance range within the Met segment is 1.0 million to 1.4 million tons, down from the prior range of 1.4 million to 1.8 million tons.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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