AMR Stock Recent News

Alpha generated a total of $49 million during 3Q2024. The company currently focuses on the extraction of metallurgical coal, which is mainly exported. Only 29% of production is destined for the US, the remaining 71% is exported to various. When we analyze what happened in 3Q2024, we see that the cash generated by Alpha was $189.5 million, higher than the $138.1 million of 2Q2024.

Here is how Alpha Metallurgical (AMR) and First Majestic Silver (AG) have performed compared to their sector so far this year.

Alpha Metallurgical Resources is a significant player in the met coal industry, crucial for steel production, with a strong export business, especially to India. Despite a stock price drop from $400 to $200, AMR's fundamentals and valuation suggest a potential value opportunity for investors. AMR passes key investment factors: it is an important company, and founder-led with insider alignment. It fails on gross margins and predictable revenue growth due to coal price volatility.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

BRISTOL, Tenn. , Oct. 15, 2024 /PRNewswire/ -- Alpha Metallurgical Resources, Inc. (NYSE: AMR) ("Alpha" or the "Company"), a leading U.S. supplier of metallurgical products for the steel industry, today announced preliminary sales volumes and realizations for the third quarter of 2024.

Alpha Metallurgical Resources, a U.S.-based metallurgical coal company, offers a compelling value investment opportunity for patient investors. The company's strong fundamentals and strategic positioning in the metallurgical coal market underpin its long-term growth potential. AMR's robust financial health and disciplined capital allocation enhance its attractiveness as a value investment.

The Permanent Secretary of the Ministry of Health Dr. Diana Atwine, delivered a powerful speech at the United Nations High-level meeting on combating Antimalarial Resistance in New York, urging global leaders to take immediate action against the growing threat of antimicrobial resistance (AMR). Speaking on the sidelines of high-level discussions on global health security, Dr […] The post Dr. Diana Atwine Calls for Stronger Global Commitment to Combat Antimicrobial Resistance appeared first on W...

Alpha Metallurgical Resources, Inc. (NYSE:AMR ) Q2 2024 Earnings Conference Call August 5, 2024 10:00 AM ET Company Participants Emily O'Quinn - Senior Vice President-Investor Relations and Communications Andy Eidson - Chief Executive Officer Jason Whitehead - President and Chief Operating Officer Todd Munsey - Chief Financial Officer Dan Horn - Chief Commercial Officer Conference Call Participants Lucas Pipes - B. Riley Securities Nathan Martin - The Benchmark Company Operator Greetings.

Alpha Metallurgical Resources, Inc. is the largest met coal producer in the U.S., with a good mix of met coal and a strong export market presence. Q2 2024 results showed declines in adjusted EBITDA and net income, but the company still reported a respectable free cash flow. Despite a weaker stock performance year-to-date, Alpha Metallurgical Resources has a robust balance sheet, low debt, and the potential for more aggressive buybacks in the future.

Alpha Metallurgical (AMR) came out with quarterly earnings of $4.49 per share, beating the Zacks Consensus Estimate of $4.20 per share. This compares to earnings of $12.16 per share a year ago.