Alpha Metallurgical Resources(AMR) - 2024 Q3 - Quarterly Results

Coal Shipments and Revenues - Preliminary Q3 2024 coal shipments totaled 4.1 million tons, with the company expecting to end the year toward the higher end of its shipment guidance range[2] - Q3 2024 Met Segment coal revenues (excluding freight & handling) were $550.7 million, with a realization of$ 132.76 per ton[3][5] - Q3 2024 Met Segment coal revenues by pricing mechanism: Export - Other Pricing Mechanisms ( $241.0 million, 48% of tons sold), Domestic ($ 145.9 million, 23% of tons sold), Export - Australian Indexed ( $144.8 million, 29% of tons sold)[7] - Q3 2024 Met Segment coal revenues (including freight & handling) were$ 669.8 million, with freight and handling fulfillment revenues totaling $119.1 million[21] - Non-GAAP coal sales realization per ton for the Met Segment in Q3 2024 was$ 132.76, calculated as non-GAAP coal revenues of $550.7 million divided by 4,148 tons sold[21] Financial Position and Liquidity - Total liquidity as of September 30, 2024, was$ 507.0 million, including $484.6 million in cash and cash equivalents, with no borrowings under the ABL[8][9] 2024 Guidance Adjustments - 2024 guidance adjustments: Net cash interest income increased to$ 10- $14 million, DD&A raised to$ 160- $180 million, contributions to equity affiliates lowered to$ 32- $42 million, and tax rate guidance reduced to 5%-10%[10] - 2024 shipment guidance: Met Segment total shipments expected to be 16.4-17.8 million tons, with Met Segment costs per ton projected at$ 110.00-$116.00[11]