Updated Met Comps (EV/EBITDA & FCF Yield)
December 7, 2023
In light of the Ramaco 2024 Guidance Update, I updated my metallurgical coal price deck and valuations for each of the US met producers.
Tag: AMR
Metallurgical Comps
November 14, 2023
I spent some time updating metallurgical producer financial models today, so this will be a chart heavy post.
Alpha & Warrior Q3 Results
November 3, 2023
Alpha reported net income of $6.65 per share, surpassing analysts’ estimates but that’s mainly due to the buybacks making less shares.
Alpha & Warrior Pre-Earnings Setup
November 1, 2023
Earnings schedule: Warrior earnings later today following the market close at 4:30 pm ET. Alpha earnings tomorrow morning, before the bell.
Alpha News Update
October 12, 2023
Alpha announced preliminary sales volumes and realizations for Q3 2023, and revised full year 2023 guidance.
Coal News & Price Data – October 12, 2023 – Alpha Updates Revised 2023 Guidance & 2024 Domestic Pricing
October 12, 2023
Alpha Met reported preliminary sales volumes and realizations for Q3 2023 along with revised full-year 2023 guidance.
Met Producer Forecasts
September 20, 2023
Now that I’ve wrapped up the forecasts for the US met producers, I figured I would share it here so that we can compare and contrast.
US Met Coal Margin Comparisons
August 16, 2023
US metallurgical producers comparison of costs and profit margins to get a sense of their inherent competitive advantages.
Alpha vs Warrior (& AMR’s outlook)
August 8, 2023
The market had a positive reaction to Alpha’s earnings, up 8% on the day in sharp contract to Warrior’s earnings reaction, which was down 11%.
Coal News & Price Data – August 4, 2023 – AMR & NRP Earnings Summaries
August 4, 2023
Earnings summaries for Alpha Metallurgical Resource (AMR) and Natural Resource Partners (NRP)
Q2 2023 MSHA Update
July 24, 2023
With most of the Q2 2023 MSHA coal production numbers in, I think its time to look under the hood and see what’s going on.