Alpha Metallurgical Resources reported a net loss of $55.1 million, or $3.00 per diluted share, for Q4 2020. Total Adjusted EBITDA was $7.4 million. The company divested Cumberland Mine and rebranded to Alpha Metallurgical Resources, Inc.
Reported net loss from continuing operations of $55 million for the fourth quarter 2020
Posted Adjusted EBITDA of $7 million for the fourth quarter 2020
Continued strong cost management across all operating segments
Closed transaction divesting Cumberland Mine, furthering strategic repositioning towards a pure metallurgical coal producer
Alpha Metallurgical Resources reiterated its previously issued 2021 operating guidance with coal shipments guidance range of 14.8 million tons to 16.2 million tons.
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