Latest news with #AlphaMetallurgicalResources
E&E News
2 hours ago
- Business
- E&E News
Trump's coal frenzy clashes with market realities
President Donald Trump's mad dash to unleash more mining and burning of 'beautiful clean coal' across the U.S. is running face-first into unfavorable market realities. The president has vowed to reverse Biden-era policies, rev up U.S. mining, and keep aging coal-fired power plants alive. But hundreds of miners have been laid off in states like West Virginia in recent weeks, prices remain low and a growing number of small, metallurgical coal producers across the U.S. continue to declare bankruptcy. Last week, Core Natural Resources laid off 200 miners in West Virginia at a metallurgical coal mine. The announcement arrived after Coronado Global Resources laid off workers at its coal mine in the state. Miners were also laid off at Alpha Metallurgical Resources' mine in Boone County last year. At the same time, companies like Corsa Coal Corp. and Coking Coal, LLC, have declared bankruptcy, and some say the industry will continue to face turbulence. Advertisement 'I wouldn't be surprised if we see several other producers either go out of the market or … you'll see substantial cutbacks, layoffs,' Randall Atkins, founder of Kentucky-based Ramaco Resources, which mines both coal and rare earths, told POLITICO's E&E News. 'There are plenty of others that are not in good shape. There are more companies out there that are teetering.'
Yahoo
13-05-2025
- Business
- Yahoo
Analysts Have Lowered Expectations For Alpha Metallurgical Resources, Inc. (NYSE:AMR) After Its Latest Results
Alpha Metallurgical Resources, Inc. (NYSE:AMR) missed earnings with its latest quarterly results, disappointing overly-optimistic forecasters. It was a pretty negative result overall, with revenues of US$532m missing analyst predictions by 7.2%. Worse, the business reported a statutory loss of US$2.60 per share, much larger than the analysts had forecast prior to the result. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Following the recent earnings report, the consensus from dual analysts covering Alpha Metallurgical Resources is for revenues of US$2.25b in 2025. This implies a chunky 14% decline in revenue compared to the last 12 months. Earnings are expected to tip over into lossmaking territory, with the analysts forecasting statutory losses of -US$5.36 per share in 2025. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$2.59b and earnings per share (EPS) of US$10.23 in 2025. There looks to have been a major change in sentiment regarding Alpha Metallurgical Resources' prospects following the latest results, with a real cut to revenues and the analysts now forecasting a loss instead of a profit. Check out our latest analysis for Alpha Metallurgical Resources The average price target fell 33% to US$183, implicitly signalling that lower earnings per share are a leading indicator for Alpha Metallurgical Resources' valuation. These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Alpha Metallurgical Resources' past performance and to peers in the same industry. We would highlight that revenue is expected to reverse, with a forecast 19% annualised decline to the end of 2025. That is a notable change from historical growth of 16% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 4.3% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Alpha Metallurgical Resources is expected to lag the wider industry. The biggest low-light for us was that the forecasts for Alpha Metallurgical Resources dropped from profits to a loss next year. Unfortunately, they also downgraded their revenue estimates, and our data indicates underperformance compared to the wider industry. Even so, earnings per share are more important to the intrinsic value of the business. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business. Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have analyst estimates for Alpha Metallurgical Resources going out as far as 2027, and you can see them free on our platform here. That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Alpha Metallurgical Resources , and understanding this should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
03-05-2025
- Business
- Yahoo
Alpha Metallurgical Resources (AMR): Among Billionaire Jim Simons' RenTech's Small-Cap Stock Picks with Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where Alpha Metallurgical Resources, Inc. (NYSE:AMR) stands against Billionaire Jim Simons' RenTech's other small-cap stock picks with huge upside potential. Jim Simons was (and still is even after his death in May 2024) one of the biggest names – if not the biggest – in the hedge fund space. He was a gifted mathematician and had a successful career in academia before making a bold pivot to finance in the late 70s. In 1978, he founded Monemetrics (a currency trading firm) and Limroy (a hedge fund), which were collapsed into one entity in 1982 and renamed Renaissance Technologies Corporation. This entity had one major objective: to use quantitative, computer-driven models to exploit market inefficiencies. In other words, Simons and his team were committed to making investment decisions based on sophisticated algorithms. (RenTech) began as a hedge fund but later morphed into something bigger. It is now an investment management firm that operates several hedge funds. Its flagship offering is the Medallion Fund. The Medallion Fund is known for extraordinary returns. During the crash (early 2000s) and the financial crisis (2007-2011), Medallion's returns were 56.6% and 74.6%, respectively. Following the first two years of operation, the lowest annual return was 31.5%. READ ALSO: Billionaire Seth Klarman's 10 Stock Picks with Huge Upside Potential and Billionaire Andreas Halvorsen's 10 Stock Picks With Huge Upside Potential. The Medallion Fund's track record in the market, and by extension RenTech's, made Simons a lot of money. At death, he was worth $31.4 billion and ranked among the top 100 richest people in the world. And, as Simons often said, all of the success he had in the market comes down to the love of mathematics. Accordingly, the Medallion Fund has been capable of extraordinary returns mostly because the investment team – led by Simons – leveraged mathematics. The fund utilizes algorithm-based methods to identify patterns and leverage past data for investing decisions. That is why RenTech invested (and continues to invest) billions in intellectuals and professionals from fields like Mathematics, Computer Science, and Physics. In one of his last interviews, he said: 'We hired statisticians, physicists, astronomers, mathematicians — the important thing was that they were very smart.' Jim Simons was a generational talent when it came to investing. He started an investment business and led to heights that others can only dream of. And because his legacy lives in RenTech, it makes sense to want to know what companies they're invested in. We sifted through Renaissance Technologies' Q4 2024 SEC 13F filings to compile this list. We focused only on shares in companies and excluded interests in ETFs and options. Then, we picked the stocks with a market capitalization of $10 billion or less. From the result, we ranked the stocks based on analyst price targets and selected the top 10 companies with the highest upside potential (as of April 30). Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Jim Simons of Renaissance Technologies Alpha Metallurgical Resources, Inc. (NYSE:AMR) is a US-based mining company that mainly produces metallurgical coal (a raw material used to make steel). The company operates coal mines in Central Appalachia and supplies its products to steel producers both in the US and around the world. In Q4 2024, Alpha Metallurgical Resources, Inc. (NYSE:AMR) reported a net loss of $2.1 million ($0.16 per diluted share) for the quarter. This is a huge decline from the $176.0 million net income reported in Q4 2023. Adjusted EBITDA came in at $53.2 million, down from $266.3 million in the same period last year. On the other hand, operating cash flow decreased to $56.3 million compared to $199.4 million in Q4 2023. The management reduced its 2025 volume guidance for metallurgical coal shipments to 14.5-15.5 million tons, the reason being weak metallurgical coal market conditions. Despite the challenging financial posture, several institutional investors have strengthened their stakes in Alpha Metallurgical Resources, Inc. (NYSE:AMR). Russell Investments Group Ltd. boosted its position by 86.5% in Q4 2024, acquiring an additional 4,280 shares to bring its total ownership to 9,228 shares. Barclays PLC grew its holdings by 308.2% in Q3, adding 14,089 shares for a total position of 18,646 shares. Notably, 33 hedge funds and institutional investors, including RenTech, now own 84.29% of the company's stock. Analysts hold a Moderate Buy opinion on the stock, and their 12-month average price target points to a 48.74% upside from current levels as of May 1. Overall, AMR ranks 4th on our list of Billionaire Jim Simons' RenTech's small-cap stock picks with huge upside potential. While we acknowledge the potential of AMR as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AMR but that trades at less than 5 times its earnings check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
04-04-2025
- Business
- Yahoo
Alpha Metallurgical Resources (NYSE:AMR) Slides 12% in a Week Amid Trade War Fears
Alpha Metallurgical Resources saw a price decline of 12% over the last week, a movement possibly influenced by broader market dynamics. The global stock markets experienced sharp declines as fears related to a trade war accelerated, with major indices entering correction and bear market territories. This broader market volatility, exacerbated by escalating tariffs and economic uncertainty, may have impacted investor sentiment towards Alpha Metallurgical Resources. Although the company did not report specific news during this period, the sector it operates in might be particularly sensitive to economic disruptions, mirroring the broader market's 6% drop over the same timeframe. Buy, Hold or Sell Alpha Metallurgical Resources? View our complete analysis and fair value estimate and you decide. We've found 25 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The last five years have seen Alpha Metallurgical Resources achieve a very large total return of 2948.80%, reflecting significant growth despite recent challenges. The company's focused approach on strategic mergers and acquisitions, alongside the anticipated development of the Wildcat mine, has strengthened its position. This strategy, combined with maintaining a strong balance sheet, has helped mitigate the impacts of market volatility, allowing the company to capitalize on favorable steel demand projections. Throughout this period, key actions like share buybacks have been a significant focus, with over 6.63 million shares repurchased for US$1.10 billion since March 2022. Despite experiencing revenue declines, reflected in decreasing earnings reports, Alpha consistently declared quarterly dividends, offering US$0.50 per share as of 2023. Additionally, leadership changes, including the appointment of Michael Gorzynski as chairman, and enhancements in corporate governance have been pivotal. The company's inclusion in the S&P 1000 and S&P 600 indices further underscores its growing market presence and investor confidence. Navigate through the intricacies of Alpha Metallurgical Resources with our comprehensive balance sheet health report here. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:AMR. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
03-03-2025
- Business
- Yahoo
Alpha Metallurgical Resources (NYSE:AMR) Sees Stock Fall 12% After US$2 Million Q4 Loss
Alpha Metallurgical Resources reported a challenging financial performance, with Q4 2024 results showing a net loss of USD 2.13 million and a significant drop in revenue compared to the previous year. This disappointing earnings report is likely linked to the company's stock price decline of 12% over the last week. The broader market showed a 1.3% decline amid economic concerns, potentially exacerbating AMR's downward trajectory as investor sentiment worsened across industries. At the same time, recent economic indicators pointed to rising inflationary pressures and tepid manufacturing data, factors that likely contributed to overall market uncertainty. While the general market and major stock indexes, like the Dow Jones and S&P 500, slipped, increased economic concerns overshadowed positive performances in some sectors, leaving companies like Alpha Metallurgical Resources facing additional pressure. Such external economic factors, alongside the company's reported losses, cumulatively impacted AMR's share price performance. Take a closer look at Alpha Metallurgical Resources's potential here. The last five years have seen a very large total return of 3558.17% for Alpha Metallurgical Resources' shareholders, an impressive feat despite some recent challenges. During this period, several strategic decisions and market conditions played key roles. Notably, the company implemented a significant share buyback program, repurchasing over 6.63 million shares, representing 41.43% of their total shares. This initiative likely supported shareholder value and positively impacted the share price. Additionally, the company has maintained a focus on shareholder returns through dividends, reflecting a stable cash flow strategy. An increase to US$0.50 per share in 2023 underlines this commitment. However, recent revenue declines in 2024 highlighted operational challenges, contributing to underperformance against both the US Metals and Mining industry and the broader market over the past year. Nevertheless, the overall five-year return remained robust due to past profitability growth and shareholder-friendly policies. See how Alpha Metallurgical Resources measures up with our analysis of its intrinsic value versus market price. Assess the downside scenarios for Alpha Metallurgical Resources with our risk evaluation. Invested in Alpha Metallurgical Resources? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:AMR. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
