NYSE$AMR

Alpha Metallurgical Resources, Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Alpha Metallurgical Resources reported record net income and Adjusted EBITDA for Q4 2021, reduced long-term debt, and announced a share repurchase program.

Alpha Metallurgical Resources reported a net income of $254.5 million and an Adjusted EBITDA of $315.8 million for Q4 2021. The company continued to reduce its long-term debt and announced a $150 million share repurchase program.

  • Reported record net income from continuing operations of $254.5 million for Q4 2021.
  • Posted record Adjusted EBITDA of $315.8 million for Q4 2021.
  • Reduced long-term debt with early principal payments of $50 million on the term loan within the quarter.
  • Announced a $150 million share repurchase program.

Headline financials

Total Revenue

$828M

Previous: $324M+155.7%
EPS (adj)

$13.30

Previous: -$3.00+543.3%
Met Sales Realization per Ton

$180.66

Previous: $75.24+140.1%
Met Cost per Ton

$92.46

Previous: $69.25+33.5%
Met Tons Sold

3.784

Previous: 3.2M-100.0%
Net Income

$255M

Previous: -$55.1M+562.3%
Operating Income

$276M

Previous: -$35M+888.7%
Gross Profit

$297M

Previous: $21.3M+1294.8%
Cash & Equivalents

$81.2M

Previous: $139M-41.7%
Total Assets

$1.86B

Previous: $1.68B+10.6%
Stock-Based Comp

$964K

Previous: $696K+38.5%

Revenue & EPS history

Alpha Metallurgical · Revenue · Quarterly

$828M

Q4 2021+155.7%vs Q4 2020
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Alpha Metallurgical · $445M total across 2 segments · Q4 2021

  • Export Met Coal
    $349M+20.5%
  • Domestic Met Coal
    $95.7M

Forward guidance

Alpha Metallurgical Resources provided guidance for 2022, including expected metallurgical and thermal coal production, sales prices, and costs per ton.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-2.0%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+7.2%

Avg return

30 days after

38%

14 / 37 earnings

Positive

+26.4%

Q2 2020

Best reaction

-50.4%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.8%-7.2%+4.1%
Q4 2025-2.6%+8.7%+32.9%
Q3 2025-1.7%-4.7%+2.9%
Q1 2025-8.5%-1.5%-10.8%
Q4 2024-7.4%-10.5%-14.9%
Q3 2024+2.4%+16.1%+17.9%
Q2 2024-3.6%-0.7%-17.7%
Q1 2024-8.5%-13.7%-6.7%
Q4 2023+12.5%-1.0%-17.1%
Q3 2023-1.6%-7.3%+31.4%
Q2 2023+7.5%+10.4%+28.1%
Q1 2023+8.7%+3.9%+4.6%
Q4 2022-4.4%+2.4%-9.8%
Q3 2022-4.0%-13.1%-8.7%
Q2 2022+1.7%+17.9%+15.5%
Q1 2022+5.8%-10.5%+4.9%
Q4 2021+8.8%+14.3%+3.1%
Q3 2021-1.1%-12.5%-22.9%
Q2 2021+12.1%+21.0%+53.7%
Q1 2021+13.9%+4.2%+67.4%
Q4 2020-26.2%-18.9%-5.9%
Q3 2020+10.5%
Q2 2020+26.4%
Q1 2020-5.1%
Q4 2019-30.0%
Q3 2019-50.4%
Q2 2019-11.1%
Q1 2019-5.4%
Q4 2018-4.5%
Q4 2016+3.5%
Q1 2017+3.5%
Q2 2017-3.7%
Q4 2017-3.7%
Q3 2017-3.7%
Q3 2018-2.8%
Q2 2018+3.5%
Q1 2018-0.8%
Q2 2016
Q1 2016

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