Alpha Metallurgical ResourcesAMR
Market Cap: 3.91B
About: Alpha Metallurgical Resources Inc is a Tennessee-based coal mining company with operations across Virginia and West Virginia. The company's portfolio of mining operations consists of underground mines, surface mines and coal preparation plants. It produces low-ash metallurgical coal, including High-Vol. A, Mid-Vol., High-Vol. B, and Low-Vol. coal, which is shipped to domestic and international coke and steel producers. The reportable segments of the company are Met. It extracts, processes and markets met and thermal coal from deep and surface mines for sale to steel and coke producers, industrial customers, and electric utilities.
Employees: 4,210
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
78% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 36
15% more call options, than puts
Call options by funds: $350M | Put options by funds: $304M
11% more funds holding
Funds holding: 254 [Q4 2023] → 282 (+28) [Q1 2024]
2.04% more ownership
Funds ownership: 86.87% [Q4 2023] → 88.91% (+2.04%) [Q1 2024]
2% less capital invested
Capital invested by funds: $3.91B [Q4 2023] → $3.83B (-$83.3M) [Q1 2024]
9% less funds holding in top 10
Funds holding in top 10: 11 [Q4 2023] → 10 (-1) [Q1 2024]
28% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 109
Research analyst outlook
3 Wall Street Analysts provided 1 year price forecasts over the past 6 months
3 analyst ratings
B. Riley Securities Lucas Pipes | 25%upside $375 | Buy Maintained | 7 May 2024 |
B. Riley Securities Lucas Pipes | 24%upside $374 | Buy Maintained | 15 Apr 2024 |
B. Riley Securities Lucas Pipes | 27%upside $381 | Buy Maintained | 12 Mar 2024 |
Financial journalist opinion
Based on 4 articles about AMR published over the past 30 days