Alpha posts $33.9 million Q1 net loss and cuts 2025 met coal volume and capex guidance
Alpha Metallurgical Resources reported a first-quarter 2025 net loss of $33.9 million, or $2.60 per diluted share, and Adjusted EBITDA of $5.7 million, compared with net income of $127.0 million in the first quarter of 2024. The company lowered its 2025 metallurgical coal shipment guidance and its capital expenditure guidance, and it increased its asset-based revolving credit facility to $225 million, which matters to shareholders because weaker volumes and pricing are reducing earnings.
Key points
- Q1 2025 net loss of $33.9 million ($2.60 per diluted share) versus net income of $127.0 million in Q1 2024
- Adjusted EBITDA of $5.7 million, down from $189.6 million a year earlier; Met segment realization fell to $118.61 per ton from $166.68
- 2025 metallurgical shipment guidance cut to 13.8 million to 14.8 million tons from 14.5 million to 15.5 million; capex guidance lowered to $130 million to $150 million
- ABL facility increased from $155 million to $225 million and extended to May 4, 2029; annual meeting on May 7, 2025 re-elected all six directors
The filing
Written by AI on Nov 8, 2026, 1:54 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 09, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.