—
Reports net loss of $17.3 million for the fourth quarter 2025
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Posts Adjusted EBITDA of $28.5 million for the quarter
Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today reported financial results for the fourth quarter and full year ending December 31, 2025.
(millions, except per share)
Three months ended
Dec. 31, Sept. 30, Dec. 31,
2025 2025 2024
Net loss ($17.3) ($5.5) ($2.1)
Net loss per diluted share ($1.34) ($0.42) ($0.16)
Adjusted EBITDA(1) $28.5 $41.7 $53.2
Operating cash flow $19.0 $50.6 $56.3
Capital expenditures ($29.0) ($25.1) ($42.7)
Tons of coal sold 3.8 3.9 4.1
__________________________________ 1. This is a non-GAAP financial measure. A reconciliation of Net Loss to Adjusted EBITDA is included in tables accompanying the financial schedules.
“Following the previous disclosure of our initial Q4 performance, today we announce definitive financial results for the fourth quarter and full year 2025,” said Andy Eidson, Alpha’s chief executive officer. “As previously stated, our fourth quarter numbers reflect the persistent challenges of the met pricing environment that prevailed through much of the 2025 calendar year. Having experienced some quality-specific improvements in the met market, particularly in the Australian low vol indexes, late in Q4 and extending into recent weeks, our first quarter 2026 results will be influenced by those more favorable conditions. From a volume perspective, Alpha’s first quarter tons sold tend to be lower than other quarters. Based on our first two months of the year, we expect this to hold true in 2026.”
Financial Performance
Alpha reported a net loss of $17.3 million, or $1.34 per diluted share, for the fourth quarter 2025, as compared to net loss of $5.5 million, or $0.42 per diluted share, in the third quarter.
Total Adjusted EBITDA was $28.5 million for the fourth quarter, compared to $41.7 million in the third quarter.
Coal Revenues
(millions)
Three months ended
Dec. 31, Sept. 30,
2025 2025
Met Segment $519.1 $525.2
Met Segment (excl. freight & handling)
(1) $436.3 $442.8
Tons Sold
(millions)
---
Three months ended
Dec. 31, Sept. 30,
2025 2025
Met Segment 3.8 3.9
__________________________________ 1. Represents Non-GAAP coal revenues which is defined and reconciled under "Non-GAAP Financial Measures" and "Results of Operations."
Coal Sales Realization
(1)
(per ton)
Three months ended
Dec. 31, Sept. 30,
2025 2025
Met Segment $115.31 $114.94
__________________________________ 1. Represents Non-GAAP coal sales realization which is defined and reconciled under "Non-GAAP Financial Measures" and "Results of Operations."
Fourth quarter net realized pricing for the Met segment was $115.31 per ton.
The table below provides a breakdown of our Met segment coal sold in the fourth quarter by pricing mechanism.
(in millions, except per ton data)
Met Segment Sales Three months ended Dec. 31, 2025
Tons Sold Coal Revenues Realization/
ton(1) % of Met Tons
Sold
Export - Other Pricing Mechanisms 1.8 $187.6 $106.13 50 %
Domestic 0.8 $116.9 $148.93 22 %
Export - Australian Indexed 1.0 $111.4 $114.96 28 %
Total Met Coal Revenues 3.5 $415.9 $118.10 100 %
Thermal Coal Revenues 0.3 $20.4 $77.80
Total Met Segment Coal Revenues (excl. freight & handling)(1) 3.8 $436.3 $115.31
__________________________________ 1. Represents Non-GAAP coal sales realization which is defined and reconciled under "Non-GAAP Financial Measures" and "Results of Operations."
Cost of Coal Sales
(in millions, except per
ton data)
Three months ended
Dec. 31, Sept. 30,
2025 2025
Met Segment $478.5 $461.6
Met Segment (excl. freight & handling/idle)
(1) $383.8 $374.7
(per ton)
Met Segment
(1) $101.43 $97.27
__________________________________ 1. Represents Non-GAAP cost of coal sales and Non-GAAP cost of coal sales per ton which is defined and reconciled under "Non-GAAP Financial Measures" and "Results of Operations."
Alpha’s Met segment cost of coal sales increased to an average of $101.43 per ton in the fourth quarter, compared to $97.27 per ton in the third quarter.
Liquidity and Capital Resources
Cash provided by operating activities in the fourth quarter decreased to $19.0 million as compared to $50.6 million in the third quarter. Capital expenditures for the fourth quarter were $29.0 million compared to $25.1 million for the third quarter.
As of December 31, 2025, the company had total liquidity of $524.3 million, including cash and cash equivalents of $366.0 million, short-term investments of $49.6 million, and $183.7 million of unused availability under the asset-based revolving credit facility (ABL), partially offset by a minimum required liquidity of $75.0 million as required by the ABL. As of December 31, 2025, the company had no borrowings and $41.3 million in letters of credit outstanding under the ABL. Total long-term debt, including the current portion of long-term debt as of December 31, 2025, was $13.4 million.
Share Repurchase Program
As previously announced, Alpha’s board of directors authorized a share repurchase program allowing for the expenditure of up to $1.5 billion for the repurchase of the company’s common stock. As of February 20, 2026, the company had acquired approximately 6.9 million shares of common stock at a cost of approximately $1.1 billion, or approximately $165.89 per share. The number of common stock shares outstanding as of February 20, 2026 was 12,792,685, not including the potential effect of unvested equity awards.
The timing and amount of share repurchases will be based on various factors, including but not limited to market conditions, the trading price of the stock, applicable legal requirements, compliance with the provisions of the company’s debt agreements, and other factors.
2026 Operational Performance Update
As of February 17, 2026, at the midpoint of guidance, Alpha has committed and priced approximately 37% of its metallurgical coal for 2026 at an average price of $134.02 per ton and 77% of its thermal coal for the year at an average price of $73.17 per ton.
2026 Guidance
in millions of tons Low High
Metallurgical 14.4 15.4
Thermal 0.7 1.1
Met Segment - Total Shipments 15.1 16.5
Committed/Priced1,2,3 Committed Volume Average Price
(in millions of
tons)
Metallurgical - Domestic 4.1 $136.30
Metallurgical - Export 1.5 $127.53
Metallurgical Total 37 % 5.6 $134.02
Thermal 77 % 0.7 $73.17
Met Segment 40 % 6.3 $127.30
Committed/Unpriced1,3 Committed
Metallurgical Total 53 %
Thermal - %
Met Segment 50 %
Costs per ton
4 Low High
Met Segment $95.00 $101.00
In millions (except taxes) Low High
SG&A5 $53 $59
Idle Operations Expense $24 $32
Net Cash Interest Income $2 $6
DD&A $160 $174
Capital Expenditures $148 $168
Capital Contributions to Equity Affiliates6 $35 $45
Cash Tax Rate 0 % 5 %
Notes:
1. Based on committed and priced coal shipments as of February 17, 2026. Committed percentage based on the midpoint of shipment
guidance range.
2. Actual average per-ton realizations on committed and priced tons recognized in future periods may vary based on actual freight
expense in future periods relative to assumed freight expense embedded in projected average per-ton realizations.
3. Includes estimates of future coal shipments based upon contract terms and anticipated delivery schedules. Actual coal shipments
may vary from these estimates.
4. Note: The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP cost of coal sales per ton
sold financial measures to the most directly comparable GAAP measures without unreasonable efforts due to the inherent
difficulty in forecasting and quantifying with reasonable accuracy significant items required for the reconciliation. The most
directly comparable GAAP measure, GAAP cost of sales, is not accessible without unreasonable efforts on a forward-looking
basis. The reconciling items include freight and handling costs, which are a component of GAAP cost of sales. Management is
unable to predict without unreasonable efforts freight and handling costs due to uncertainty as to the end market and FOB point
for uncommitted sales volumes and the final shipping point for export shipments. These amounts have varied historically and may
continue to vary significantly from quarter to quarter and material changes to these items could have a significant effect on
our future GAAP results.
5.
Excludes expenses related to non-cash stock compensation and non-recurring expenses.
6. Includes contributions to fund normal operations at our DTA export facility and expected capital investments related to the
facility upgrades.
Annual Meeting of Stockholders
The board of directors has scheduled the annual meeting of stockholders for May 6, 2026.
Conference Call
The company plans to hold a conference call regarding its fourth quarter and full year 2025 results on February 27, 2026, at 10:00 a.m. Eastern time. The conference call will be available live on the investor section of the company’s website at https://alphametresources.com/investors. Analysts who would like to participate in the conference call should dial 877-407-0832 (domestic toll-free) or 201-689-8433 (international) approximately 15 minutes prior to start time.
About Alpha Metallurgical Resources
Alpha Metallurgical Resources (NYSE: AMR) is a Tennessee-based mining company with operations across Virginia and West Virginia. With customers across the globe, high-quality reserves and significant port capacity, Alpha reliably supplies metallurgical products to the steel industry. For more information, visit www.AlphaMetResources.com.
Forward-Looking Statements
This news release includes forward-looking statements. These forward-looking statements are based on Alpha’s expectations and beliefs concerning future events and involve risks and uncertainties that may cause actual results to differ materially from current expectations. These factors are difficult to predict accurately and may be beyond Alpha’s control. Forward-looking statements in this news release or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for Alpha to predict these events or how they may affect Alpha. Except as required by law, Alpha has no duty to, and does not intend to, update or revise the forward-looking statements in this news release or elsewhere after the date this release is issued. In light of these risks and uncertainties, investors should keep in mind that results, events or developments discussed in any forward-looking statement made in this news release may not occur. See Alpha’s filings with the U.S. Securities and Exchange Commission for more information.
FINANCIAL TABLES FOLLOW
Non-GAAP Financial Measures
The discussion below contains “non-GAAP financial measures.” These are financial measures that either exclude or include amounts that are not excluded or included in the most directly comparable measures calculated and presented in accordance with generally accepted accounting principles in the United States (“U.S. GAAP” or “GAAP”). Specifically, we make use of the non-GAAP financial measures “Adjusted EBITDA,” “non-GAAP coal revenues,” “non-GAAP cost of coal sales,” and “non-GAAP coal margin.” In addition to net income (loss), we use Adjusted EBITDA to measure the operating performance of our reportable segment. Adjusted EBITDA does not purport to be an alternative to net income (loss) as a measure of operating performance or any other measure of operating results, financial performance, or liquidity presented in accordance with GAAP. Moreover, this measure is not calculated identically by all companies and therefore may not be comparable to similarly titled measures used by other companies. Adjusted EBITDA is presented because management believes it is a useful indicator of the financial performance of our coal operations. We use non-GAAP coal revenues to present coal revenues generated, excluding freight and handling fulfillment revenues. Non-GAAP coal sales realization per ton for our operations is calculated as non-GAAP coal revenues divided by tons sold. We use non-GAAP cost of coal sales to adjust cost of coal sales to remove freight and handling costs, depreciation, depletion and amortization – production (excluding the depreciation, depletion and amortization related to selling, general and administrative functions), accretion on asset retirement obligations, amortization of acquired intangibles, and idled and closed mine costs. Non-GAAP cost of coal sales per ton for our operations is calculated as non-GAAP cost of coal sales divided by tons sold. Non-GAAP coal margin per ton for our coal operations is calculated as non-GAAP coal sales realization per ton for our coal operations less non-GAAP cost of coal sales per ton for our coal operations. The presentation of these measures should not be considered in isolation, or as a substitute for analysis of our results as reported under GAAP.
Management uses non-GAAP financial measures to supplement GAAP results to provide a more complete understanding of the factors and trends affecting the business than GAAP results alone. The definition of these non-GAAP measures may be changed periodically by management to adjust for significant items important to an understanding of operating trends and to adjust for items that may not reflect the trend of future results by excluding transactions that are not indicative of our core operating performance. Furthermore, analogous measures are used by industry analysts to evaluate the Company’s operating performance. Because not all companies use identical calculations, the presentations of these measures may not be comparable to other similarly titled measures of other companies and can differ significantly from company to company depending on long-term strategic decisions regarding capital structure, the tax jurisdictions in which companies operate, capital investments and other factors.
Included below are reconciliations of non-GAAP financial measures to GAAP financial measures.
ALPHA METALLURGICAL RESOURCES, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(Amounts in thousands, except share and per share data)
Three Months Ended December 31, Year Ended December 31,
2025 2024 2025 2024
Revenues:
Coal revenues $519,060 $615,383 $2,122,605 $2,946,579
Other revenues 1,412 1,964 6,876 10,706
Total revenues 520,472 617,347 2,129,481 2,957,285
Costs and expenses:
Cost of coal sales (exclusive of items shown separately below) 478,519 540,754 1,924,691 2,451,601
Depreciation, depletion and amortization 41,893 40,836 174,524 167,331
Accretion on asset retirement obligations 5,501 6,324 22,126 25,050
Amortization of acquired intangibles 1,356 1,675 5,427 6,700
Selling, general and administrative expenses (exclusive of depreciation, depletion and amortization shown separately above) 13,821 16,831 60,158 74,000
Other operating loss 706 936 3,921 4,749
Total costs and expenses 541,796 607,356 2,190,847 2,729,431
(Loss) income from operations (21,324) 9,991 (61,366) 227,854
Other (expense) income:
Interest expense (730) (583) (3,019) (3,811)
Interest income 3,273 4,952 15,466 18,208
Equity loss in affiliates (4,931) (5,734) (24,867) (20,302)
Miscellaneous expense, net (3,316) (2,940) (13,673) (11,199)
Total other expense, net (5,704) (4,305) (26,093) (17,104)
(Loss) income before income taxes (27,028) 5,686 (87,459) 210,750
Income tax benefit (expense) 9,757 (7,815) 25,772 (23,171)
Net (loss) income $(17,271) $(2,129) $(61,687) 187,579
Basic (loss) income per common share $(1.34) $(0.16) $(4.75) $14.41
Diluted (loss) income per common share $(1.34) $(0.16) $(4.75) $14.28
Weighted average shares - basic 12,865,612 13,020,122 12,996,148 13,013,469
Weighted average shares - diluted 12,865,612 13,020,122 12,996,148 13,134,806
ALPHA METALLURGICAL RESOURCES, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Amounts in thousands, except share and per share data)
December 31, 2025 December 31, 2024
Assets
Current assets:
Cash and cash equivalents $365,974 $481,578
Short-term investments 49,582
Trade accounts receivable, net of allowance for credit losses of $2,519 and $2,396 as of December 31, 2025 and 2024, respectively 278,620 362,141
Inventories, net 193,000 169,269
Prepaid expenses and other current assets 31,132 23,681
Total current assets 918,308 1,036,669
Property, plant, and equipment, net of accumulated depreciation and amortization of $774,101 and $667,260 as of December 31, 2025 and 2024, respectively 621,866 634,871
Owned and leased mineral rights, net of accumulated depletion and amortization of $150,616 and $124,965 as of December 31, 2025 and 2024, respectively 416,944 443,467
Other acquired intangibles, net of accumulated amortization of $43,072 and $41,444 as of December 31, 2025 and 2024, respectively 34,452 39,879
Long-term restricted cash 126,911 122,583
Long-term restricted investments 34,356 43,131
Deferred income taxes 8,087 6,516
Other non-current assets 119,702 111,592
Total assets $2,280,626 $2,438,708
Liabilities and Stockholders' Equity
Current liabilities:
Current portion of long-term debt $3,575 $2,916
Trade accounts payable 66,169 96,633
Accrued expenses and other current liabilities 135,778 151,560
Total current liabilities 205,522 251,109
Long-term debt 9,841 2,868
Workers' compensation and black lung obligations 190,965 182,961
Pension obligations 87,317 100,597
Asset retirement obligations 204,745 189,805
Deferred income taxes 15,433 40,486
Other non-current liabilities 21,308 21,385
Total liabilities 735,131 789,211
Commitments and Contingencies
Stockholders' Equity
Preferred stock - par value $0.01, 5,000,000 shares authorized, none issued -
Common stock - par value $0.01, 50,000,000 shares authorized, 22,437,379 issued and 12,805,909 outstanding at December 31, 2025 and 22,383,325 issued and 13,016,390 outstanding at December 31, 2024 224 224
Additional paid-in capital 852,030 839,804
Accumulated other comprehensive loss (60,433) (50,082)
Treasury stock, at cost: 9,631,470 shares at December 31, 2025 and 9,366,935 shares at December 31, 2024 (1,341,027) (1,296,916)
Retained earnings 2,094,701 2,156,467
Total stockholders' equity 1,545,495 1,649,497
Total liabilities and stockholders' equity $2,280,626 $2,438,708
ALPHA METALLURGICAL RESOURCES, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(Amounts in thousands)
Year Ended December 31,
2025 2024
Operating activities:
Net (loss) income $(61,687) $187,579
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation, depletion and amortization 174,524 167,331
Amortization of acquired intangibles 5,427 6,700
Loss (gain) on disposal of assets, net 1,044 (169)
Accretion on asset retirement obligations 22,126 25,050
Employee benefit plans, net 23,397 14,551
Deferred tax (benefit) expense (23,740) 5,563
Stock-based compensation 13,598 12,318
Equity loss in affiliates 24,867 20,302
Other, net (1,449) 1,905
Changes in operating assets and liabilities
Trade accounts receivable, net 83,399 145,379
Inventories, net (21,495) 64,203
Prepaid expenses and other current assets (3,128) 14,658
Deposits 183 408
Other non-current assets 356 1,199
Trade accounts payable (29,141) (19,339)
Accrued expenses and other current liabilities (10,825) (5,972)
Workers' compensation and black lung obligations (19,959) (18,660)
Pension obligations (16,966) (12,320)
Asset retirement obligations (14,721) (27,903)
Other non-current liabilities (884) (2,864)
Net cash provided by operating activities 144,926 579,919
Investing activities:
Capital expenditures (127,153) (198,848)
Capital contributions to equity affiliates (38,146) (32,504)
Proceeds from disposal of assets 265 1,029
Purchases of investment securities (106,157) (48,730)
Sales and maturities of investment securities 67,165 48,036
Other, net 51 31
Net cash used in investing activities (203,975) (230,986)
Financing activities:
Principal repayments of long-term debt (1,965) (2,243)
Dividend and dividend equivalents paid (415) (3,077)
Common stock repurchases and related expenses (45,155) (122,299)
Other, net (4,692) (1,278)
Net cash used in financing activities (52,227) (128,897)
Net (decrease) increase in cash and cash equivalents and restricted cash (111,276) 220,036
Cash and cash equivalents and restricted cash at beginning of period 604,161 384,125
Cash and cash equivalents and restricted cash at end of period $492,885 $604,161
Supplemental cash flow information:
Cash paid for interest $1,868 $2,662
Cash paid for income taxes (net of refunds received) $2,118 $8,379
Supplemental disclosure of noncash investing and financing activities:
Financing leases and capital financing - equipment $12,057 $1
Accrued capital expenditures $14,272 $15,523
Accrued common stock repurchases and stock repurchase excise tax $327
$ -
Accrued dividend payable $88 $424
The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Consolidated Statements of Cash Flows.
As of December 31,
2025 2024
Cash and cash equivalents $365,974 $481,578
Long-term restricted cash 126,911 122,583
Total cash and cash equivalents and restricted cash shown in the Consolidated Statements of Cash Flows $492,885 $604,161
ALPHA METALLURGICAL RESOURCES, INC. AND SUBSIDIARIES
ADJUSTED EBITDA RECONCILIATION
(Amounts in thousands)
Three Months Ended Year Ended December 31,
December 31, 2025 September 30,
2025 December 31, 2024 2025 2024
Net (loss) income $(17,271) $(5,515) $(2,129) $(61,687) $187,579
Interest expense 730 765 583 3,019 3,811
Interest income (3,273) (3,948) (4,952) (15,466) (18,208)
Income tax (benefit) expense (9,757) (3,330) 7,815 (25,772) 23,171
Depreciation, depletion and amortization 41,893 43,899 40,836 174,524 167,331
Non-cash stock compensation expense 3,193 2,950 3,001 13,598 12,318
Accretion on asset retirement obligations 5,501 5,503 6,324 22,126 25,050
Amortization of acquired intangibles 1,356 1,357 1,675 5,427 6,700
Non-recurring mine flood costs (1) 6,098 6,098
Adjusted EBITDA $28,470 $41,681 $53,153 $121,867 $407,752
(1) Non-recurring mine recovery and idle costs due to the water inundation at the Rolling Thunder mine in November 2025.
ALPHA METALLURGICAL RESOURCES, INC. AND SUBSIDIARIES
RESULTS OF OPERATIONS
Three Months Ended
(In thousands, except for per ton data) December 31, 2025 September 30,
2025 December 31, 2024
Coal revenues $519,060 $525,203 $615,383
Less: Freight and handling fulfillment revenues (82,730) (82,448) (96,087)
Non-GAAP Coal revenues $436,330 $442,755 $519,296
Non-GAAP Coal sales realization per ton $115.31 $114.94 $127.84
Cost of coal sales (exclusive of items shown separately below) $478,519 $461,635 $540,754
Depreciation, depletion and amortization - production (1) 41,571 43,582 40,525
Accretion on asset retirement obligations 5,501 5,503 6,324
Amortization of acquired intangibles 1,356 1,357 1,675
Total Cost of coal sales 526,947 512,077 589,278
Less: Freight and handling costs (82,730) (82,448) (96,087)
Less: Depreciation, depletion and amortization - production (1) (41,571) (43,582) (40,525)
Less: Accretion on asset retirement obligations (5,501) (5,503) (6,324)
Less: Amortization of acquired intangibles (1,356) (1,357) (1,675)
Less: Idled and closed mine costs (11,960) (4,517) (2,650)
Non-GAAP Cost of coal sales $383,829 $374,670 $442,017
Non-GAAP Cost of coal sales per ton $101.43 $97.27 $108.82
GAAP Coal margin $(7,887) $13,126 $26,105
GAAP Coal margin per ton $(2.08) $3.41 $6.43
Non-GAAP Coal margin $52,501 $68,085 $77,279
Non-GAAP Coal margin per ton $13.87 $17.68 $19.02
Tons sold 3,784 3,852 4,062
(1) Depreciation, depletion and amortization -production excludes the depreciation, depletion and amortization related to selling,
general and administrative functions.
Year Ended December 31,
2025 2024
Coal revenues $2,122,605 $2,946,579
Less: Freight and handling fulfillment revenues (333,691) (503,306)
Non-GAAP Coal revenues $1,788,914 $2,443,273
Non-GAAP Coal sales realization per ton $117.08 $142.66
Cost of coal sales (exclusive of items shown separately below) $1,924,691 $2,451,601
Depreciation, depletion and amortization - production (1) 173,249 166,105
Accretion on asset retirement obligations 22,126 25,050
Amortization of acquired intangibles 5,427 6,700
Total Cost of coal sales 2,125,493 2,649,456
Less: Freight and handling costs (333,691) (503,306)
Less: Depreciation, depletion and amortization - production (1) (173,249) (166,105)
Less: Accretion on asset retirement obligations (22,126) (25,050)
Less: Amortization of acquired intangibles (5,427) (6,700)
Less: Idled and closed mine costs (28,988) (29,868)
Non-GAAP Cost of coal sales $1,562,012 $1,918,427
Non-GAAP Cost of coal sales per ton $102.23 $112.01
GAAP Coal margin $(2,888) $297,123
GAAP Coal margin per ton $(0.19) $17.35
Non-GAAP Coal margin $226,902 $524,846
Non-GAAP Coal margin per ton $14.85 $30.64
Tons sold 15,280 17,127
(1) Depreciation, depletion and amortization -production excludes the depreciation, depletion and amortization related to selling,
general and administrative functions.
Three Months Ended December 31, 2025
(In thousands, except for per ton data) Tons Sold Coal Revenues Non-GAAP % of Met Tons
Coal sales Sold
realization
per ton
Export - other pricing mechanisms 1,768 $187,642 $106.13 50 %
Domestic 785 116,913 $148.93 22 %
Export - Australian indexed 969 111,392 $114.96 28 %
Total Met segment - met coal 3,522 415,947 $118.10 100 %
Met segment - thermal coal 262 20,383 $77.80
Non-GAAP Coal revenues 3,784 436,330 $115.31
Add: Freight and handling fulfillment revenues 82,730
Coal revenues 3,784 $519,060
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SOURCE ALPHA METALLURGICAL RESOURCES, INC.
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COMTEX_474329780/1005/2026-02-27T07:30:11