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Companies / Materials / Alpha Metallurgical Resources, Inc.
AMR

Alpha Metallurgical Resources, Inc.

MaterialsMining
Ticker AMRBRISTOL, TNFiscal year ends DecemberBook value per share $117.49Diluted shares 12.8M

Alpha Metallurgical Resources, Inc. (NASDAQ: AMR) operates as a metallurgical coal producer focused on the Central Appalachian Coal Basin, with its primary operations centered at the Virginia Complex located across Buchanan, Dickenson, Russell, and Wise counties in Virginia. The company's website is located at… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$2.13BFY2025
−28.0% year over year
Last 12 mo $2.07B
-2.88%FY2025
−10.6 percentage points
Last 12 mo -2.17%
$-61.69MFY2025
−132.9% year over year
Last 12 mo $-46.07M
-3.99%FY2025
−15.4 percentage points
Last 12 mo -3.07%
Cash & financing
$144.93MFY2025
−75.0% year over year
Last 12 mo $138.42M
$-20.37MFY2025
−105.8% year over year
Last 12 mo $-39.42M
0.01FY2025
Was 0.00× a year earlier
Last 12 mo 0.01
13.0MFY2025
−1.1% year over year
Last 12 mo 12.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Alpha Metallurgical Resources, Inc. does

In the company’s own words

Alpha Metallurgical Resources, Inc. (NASDAQ: AMR) operates as a metallurgical coal producer focused on the Central Appalachian Coal Basin, with its primary operations centered at the Virginia Complex located across Buchanan, Dickenson, Russell, and Wise counties in Virginia. The company's website is located at www.mma1.com, though Alpha maintains its own corporate headquarters in Bristol, Tennessee. Alpha's core business involves the extraction, processing, and sale of high-quality coking coal products used primarily in steel production and other industrial applications.

The Virginia Complex represents Alpha's primary operational asset and comprises approximately 321,600 acres of mineral control distributed across 18 separate leases and five owned tracts. The operation includes multiple underground mines, surface mines, and highwall mining operations that extract coal from historically significant seams including the Jawbone, Jawbone Rider, Upper Banner, Lower Banner, Big Fork, Kennedy, Aily, Raven, and Tiller seams. As of December 31, 2025, the company controlled demonstrated coal reserves of 65.24 million tons on a marketable sales basis, with 72 percent classified as proven reserves and 28 percent as probable reserves.

The Virginia Complex operates two primary coal preparation plants: the McClure River Preparation Plant in Dickenson County with a feed rate capacity of 1,100 raw tons per hour, and the Tom's Creek Preparation Plant in Wise County with similar processing capacity. These facilities utilize heavy media separation, cyclone processing, froth flotation, and thermal drying technologies to produce metallurgical coal products with varying ash and sulfur content specifications. The company's active mining operations as of year-end 2025 included underground mines at Deep Mine 41, Deep Mine 42, Deep Mine 44, and Bear Ridge, along with surface operations at the 88 Strip and Long Branch mines, supplemented by highwall mining activities.

Alpha's coal products are distributed through established transportation networks via CSX and Norfolk Southern railway systems, with the majority of production destined for international markets as part of blended coal products. The company's life-of-mine production plan extends through 2060, with underground reserves expected to deplete in 2060 and surface reserves in 2038.

Company details
Sector
Materials
Industry (SIC)
Mining
Headquarters
BRISTOL, TN
Fiscal year end
December
CIK
1704715
SIC
1221

Financial performance, year by year

Fiscal 2018–2025 · USD
$-901.75M$462.80M$1.83B$3.19B$4.56B20182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Alpha Metallurgical Resources, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

243
funds hold it
1 of 35
superinvestors hold it
$897.04M
held by funds, at market
40.3%
of shares held by funds

Superinvestors in Alpha Metallurgical Resources, Inc. · what they did last quarter

Mohnish PabraiDECREASED -10.8%
Dalal Street (Pabrai Funds)
26.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Alpha Metallurgical Resources, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.10%of fund net assets
2.10%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Goehring & Rozencwajg Resources Fund
GRHIX · GOEHRING & ROZENCWAJG INVESTMENT FUNDS
—of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.06%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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