Expect the stock to trade down on this pre-announcement as the guidance cuts reflect worsening operational and market conditions. The definitive Q2 release on August 7 will provide more detail on DTA terminal plans and cost trajectory. Traders should monitor met coal benchmark prices and any further updates on DTA repairs.
Price Chart
Executive Summary
Alpha Metallurgical Resources (AMR) pre-announced preliminary Q2 2026 results showing a net loss of $12.3M ($0.96 per share) and Adjusted EBITDA of $25.6M, down from Q1's $30M. The company lowered its 2026 met coal shipment guidance by ~1.2M tons at the midpoint and raised its cost of coal sales guidance by $7/ton, citing lighter volumes, continued met coal market weakness, and wind-related equipment damage at the Dominion Terminal Associates (DTA) export facility. This is a significant negative pre-announcement that signals deteriorating fundamentals.
Key Financial Metrics
Key Facts
- Preliminary Q2 2026 net loss of $12.3 million vs Q1 net loss of $11.0 million
- Preliminary Q2 EPS of -$0.96 per diluted share (no consensus estimate provided)
- Adjusted EBITDA declined to $25.6 million from $30.0 million in Q1 2026
- Met segment coal revenues fell to $491.5 million from $523.5 million in Q1
- Met coal sales volumes dropped to 3.5 million tons from 3.6 million tons in Q1
- 2026 met coal shipment guidance reduced to 13.2-14.0 million tons from 14.4-15.4 million tons
- 2026 cost of coal sales guidance raised to $103-$107 per ton from $95-$101 per ton
- Total liquidity at June 30, 2026: $447.8 million, down from $476.2 million at March 31, 2026
- Share repurchases slowed to ~$13.5 million in Q2 vs $22.9 million in Q1
- Definitive Q2 results expected on August 7, 2026
Financial Impact
Net loss of $12.3M in Q2, guidance reduction of ~1.2M tons in met coal shipments and cost guidance increase of $7/ton, implying a meaningful negative impact on 2026 profitability
Risk Factors
- Further weakness in met coal prices could worsen results
- DTA wind damage may cause additional operational disruptions
- Higher diesel and supply costs may persist if Iran conflict continues
- Potential for additional guidance reductions if market conditions deteriorate
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001704715-26-000025 |
| Document: amr-20260727.htm | 0001704715-26-000025 |
| Document: 0001704715-26-000025-index-headers.html | 0001704715-26-000025 |
| Document: 0001704715-26-000025-index.html | 0001704715-26-000025 |
| Document: 0001704715-26-000025.txt | 0001704715-26-000025 |
| 8-K Data (Synthetic) | 0001704715-26-000025 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | 8-K | $158.20 | awaiting T+5 | — | $159.13 (+0.59%) |
Oct 23, 2026 3d ago | Press Release | $158.20 | awaiting T+5 | — | $159.13 (−0.59%) |
Aug 31, 2026 7w ago | Insider Cluster | $233.41 $226.94 | ▼ −2.77% | ▼ −2.85% | $159.13 (−31.82%) |
Aug 25, 2026 8w ago | Insider Cluster | $215.63 $233.41 | ▲ +8.25% | ▲ +8.78% | $159.13 (−26.20%) |
Aug 7, 2026 11w ago | 8-K | $151.95 $166.05 | ▲ +9.28% | ▲ +8.88% | $159.13 (+4.72%) |
Aug 7, 2026 11w ago | 8-K | $151.95 $166.05 | ▼ −9.28% | ▼ −8.88% | $159.13 (−4.72%) |
Jul 27, 2026 13w ago | 8-K | $145.54 $137.16 | ▲ +5.76% | ▲ +6.83% | $159.13 (−9.34%) |
Jun 18, 2026 18w ago | 8-K | $175.09 $165.25 | ▲ +5.62% | ▲ +3.55% | $159.13 (+9.12%) |
Jun 4, 2026 20w ago | Insider Cluster | $202.38 $200.82 | ▼ −0.77% | ▼ −1.34% | $159.13 (−21.37%) |
Jun 1, 2026 21w ago | 144 | $215.37 $202.38 | ▼ −6.03% | ▼ −3.28% | $159.13 (−26.11%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers