Alpha Metallurgical Resources(US:AMR) Prnewswire·2025-02-28 12:30Financial Performance - Alpha Metallurgical Resources reported a net loss of $2.1 million for Q4 2024, compared to a net income of $3.8 million in Q3 2024 and $176.0 million in Q4 2023 [4][7] - Adjusted EBITDA for Q4 2024 was $53.2 million, an increase from $49.0 million in Q3 2024 [4][7] - Coal revenues for Q4 2024 were $615.4 million, down from $669.8 million in Q3 2024 [4][7] Coal Sales and Pricing - The metallurgical segment sold 4.1 million tons of coal in Q4 2024, consistent with Q3 2024 [4][6] - The net realized pricing for the metallurgical segment was $127.84 per ton in Q4 2024, down from $132.76 per ton in Q3 2024 [4][8] - Total metallurgical coal revenues (excluding freight and handling) were $519.3 million in Q4 2024, compared to $550.7 million in Q3 2024 [4][8] Guidance Adjustments - The company reduced its full-year 2025 guidance for metallurgical coal shipment volumes to a range of 14.5 million to 15.5 million tons, down from 15.0 million to 16.0 million tons [3][13] - The cost of coal sales guidance for 2025 was increased to a range of $103.00 to $110.00 per ton, up from the previous range of $103.00 to $108.00 per ton [3][13] Liquidity and Capital Resources - As of December 31, 2024, the company had total liquidity of $519.4 million, including cash and cash equivalents of $481.6 million [10] - Operating cash flow decreased to $56.3 million in Q4 2024, down from $189.5 million in Q3 2024 [9][10] - Capital expenditures for Q4 2024 were $42.7 million, compared to $31.5 million in Q3 2024 [9] Share Repurchase Program - The board of directors authorized a share repurchase program allowing for the expenditure of up to $1.5 billion, with approximately 6.6 million shares acquired at a cost of about $1.1 billion as of February 21, 2025 [11][12]