Alpha Metallurgical Q4 net loss of $2.1 million; cuts 2025 shipment guidance
Alpha Metallurgical Resources reported a fourth-quarter 2024 net loss of $2.1 million, or $0.16 per diluted share, compared with net income of $3.8 million in the third quarter, as weak met coal demand pressured results. The company lowered its 2025 metallurgical coal shipment guidance and raised its cost of coal sales guidance, which points to lower volumes and higher per-ton costs for shareholders.
- Q4 2024 net loss of $2.1 million, or $0.16 per diluted share, versus net income of $3.8 million ($0.29 per share) in Q3 2024 and $176.0 million ($12.88 per share) in Q4 2023
- Adjusted EBITDA of $53.2 million, up from $49.0 million in Q3 2024 but down from $266.3 million in Q4 2023
- 2025 metallurgical coal shipment guidance cut to 14.5 million to 15.5 million tons from 15.0 million to 16.0 million tons
- 2025 cost of coal sales guidance raised to $103.00 to $110.00 per ton from $103.00 to $108.00 per ton