Demand and volumenegative · 3 filings
“The decrease was primarily due to a $25.58, or 17.9%, decline in non-GAAP coal sales realization per ton as weakened global steel demand reduced metallurgical coal pricing.”10-K · Feb 27, 2026 ↗
Alpha Metallurgical Resources, Inc.
AMR
Market read
Alpha Metallurgical Resources, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 9 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
Company-3.4% todayVolume comparison unavailable
Market group0 of 9 activeNo Coherent Theme · unavailable
Disclosed network0 of 2 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- AMR's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if AMR's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 9 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- AMR's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations328
Usable filing statements54
Verified relationships2
Evidence supporting the case
No qualifying supportive evidence was identified.
Evidence challenging the case
- Latest annual revenue changed -28.0% year over year.
- Operating margin changed -10.6 percentage points in the latest annual period.
- Net margin changed -9.3 percentage points in the latest annual period.
- Demand and volume has repeated adverse evidence across 3 filings.
Questions before a position
- EV/sales is 55% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 11, 2026
209.756m+10.7%12m+47.8%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$2.3B+59.4%$15.30+3.1%
2022-12-31$4.1B+81.7%$79.49-3.4%
2023-12-31$3.5B-15.5%$49.30-19.6%
2024-12-31$2.9B-14.8%$14.28-10.3%
2025-12-31$2.1B-28.0%$-4.75-1.1%
What management says matters
Persistent and emerging business drivers
Restructuring and cost reductionsmixed · 3 filings
“As of June 30, 2025, due to recent declines in metallurgical coal spot pricing, the Marfork, Power Mountain, Elk Run and Kepler mining complexes were tested for impairment.”10-K · Feb 27, 2026 ↗
Capital investment and capacitynegative · 2 filings
“The decrease in net cash used in investing activities for the year ended December 31, 2025 compared to the prior year period was primarily related to a reduction in the level of capital expenditures, partially offset by purchases of short-term investments in…”10-K · Feb 27, 2026 ↗
Credit and interest ratesnegative · 1 filings
“68 Table of Contents Adjusted EBITDA The following tables present a reconciliation of net (loss) income to Adjusted EBITDA for the years ended December 31, 2025 and 2024: Year Ended December 31, (In thousands) 2025 2024 Net (loss) income $ (61,687) $ 187,579…”10-K · Feb 27, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 1.3× · EV/sales 1.1×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
209.75-3.4% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for AMR. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for AMR. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind AMR
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
NWPGFiling-linked nameinvesteeNov 6, 2025 ▾
“We own a 65.0% interest in DTA, a coal export terminal in Newport News, Virginia.”
Depended on by
METCRamaco Resources, Inc.competitorFeb 26, 2026 ▾
“Competition Our principal domestic coal competitors include Alpha Metallurgical Resources, Inc., Blackhawk Mining, LLC, Coronado Global Resources Inc., Arch Resources, Inc.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 1 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
AMR is currently a Follower in the organic co-movement group No Coherent Theme. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for AMR; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.