Loading...
•
Jun 30, 2025
Alpha Metallurgical Q2 2025 Earnings Report
Reported a net loss as revenue fell year-over-year, but delivered strong cost performance and improved liquidity.
Key Takeaways
Alpha Metallurgical Resources posted a Q2 2025 net loss of $5.0 million on $550.3 million in revenue, down from the prior year, but achieved its best cost of coal sales performance since 2021 and boosted liquidity to $556.9 million.
Net loss of $5.0 million compared to net income of $58.9 million a year earlier.
Revenue of $550.3 million, down from $804.0 million in Q2 2024.
Achieved best quarterly cost of coal sales performance since 2021, lowering full-year guidance.
Total liquidity reached $556.9 million as of June 30, 2025.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Alpha lowered its cost of coal sales guidance and SG&A expense outlook, while raising idle operations expense and net cash interest income projections.
Positive Outlook
- Lowered full-year cost of coal sales guidance to $101–$107 per ton.
- Reduced SG&A guidance to $48–$54 million.
- Increased net cash interest income guidance to $6–$12 million.
- 69% of 2025 metallurgical coal committed/priced at $127.37 per ton.
- 100% of 2025 thermal coal committed/priced at $80.52 per ton.
Challenges Ahead
- Raised idle operations expense guidance to $21–$29 million.
- Ongoing softness in metallurgical coal markets over past five quarters.
- Net loss projected for Q2 despite operational improvements.
- No share repurchases during period due to market conditions.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...