8-K
filed May 6, 2024, 7:59 PM ET
ticker AMR
CIK 0001704715
earnings
confidence high
sentiment neutral
materiality 0.50
Alpha Metallurgical Q1 net income $127M, diluted EPS $9.59; adj. EBITDA $189.6M
Alpha Metallurgical Resources, Inc.
2024-Q1 EPS reported
$9.59
revenue$864,072,000
- Net income of $127.0M ($9.59 per diluted share) vs. $270.8M ($17.01) in Q1 2023; adjusted EBITDA $189.6M vs. $354.4M.
- Sold 4.4 million tons of coal in Q1 2024, up from 3.9 million tons in prior-year quarter.
- Operating cash flow $196.1M; capital expenditures $63.6M.
- Stockholders approved charter amendment replacing supermajority voting requirements with majority requirements.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Alpha Metallurgical Resources, Inc. reported first quarter ending March 31, 2024 results: net income $127.0 million, EPS $9.59 per diluted share.
- Period
- first quarter ending March 31, 2024
- Net income
- $127.0 million
- EPS
- $9.59 per diluted share
- Result
- reported results
Exact text from the filing
Reports first quarter net income of $127.0 million, or $9.59 per diluted share
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Alpha Metallurgical Resources, Inc. shareholders approved Advisory approval of the Company’s executive compensation at the 2024-05-02 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2024-05-02
Exact text from the filing
Proposal 4 : Advisory approval of the Company’s executive compensation. The proposal, approval of which required the affirmative vote of a majority of votes cast, was approved. For: 9,404,763 Against: 338,732 Abstain: 15,743 Broker Non-Votes: 1,544,876
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Alpha Metallurgical Resources, Inc. shareholders approved Approval of an amendment and restatement of our second amended and restated certificate of incorporation to replace stockholder supermajority approval requirements with majority approval requirements at the 2024-05-02 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2024-05-02
Exact text from the filing
Proposal 2 : Approval of an amendment and restatement of our second amended and restated certificate of incorporation to replace stockholder supermajority approval requirements with majority approval requirements. The proposal, approval of which required the affirmative vote of two-thirds of outstanding shares, was approved. For: 9,726,939 Against: 29,598 Abstain: 2,701 Broker Non-Votes: 1,544,876
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Alpha Metallurgical Resources, Inc. shareholders approved Ratification of RSM US LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 at the 2024-05-02 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-05-02
Exact text from the filing
Proposal 3 : The ratification of RSM US LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024. The proposal, approval of which required the affirmative vote of a majority of votes cast, was approved. For: 11,297,264 Against: 3,926 Abstain: 2,924 Broker Non-Votes: —
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Alpha Metallurgical Resources, Inc. shareholders approved Election of seven directors nominated by our board of directors for a term of one year at the 2024-05-02 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-05-02
Exact text from the filing
On May 2, 2024, the Company held its Annual Meeting of Stockholders (the “Annual Meeting”) via internet webcast. As of the record date for the Annual Meeting, March 8, 2024, there were 13,007,215 shares of common stock outstanding and eligible to vote. 11,304,114 of these shares, or 86.90%, were represented in person or by proxy at the Annual Meeting. The final results of the matters voted on at the Annual Meeting are provided below. Proposal 1 : The election of seven (7) directors nominated by our board of directors for a term of one year. Each of the nominees was elected. Nominee For Withheld Broker Non-Votes Joanna Baker de Neufville 9,592,028 167,210 1,544,876 Kenneth S. Courtis 9,534,682 224,556 1,544,876 C. Andrew Eidson 9,696,590 62,648 1,544,876 Michael Gorzynski 8,956,834 802,404 1,544,876 Shelly Lombard 9,730,260 28,978 1,544,876 Daniel D. Smith 9,490,958 268,280 1,544,876 David J. Stetson 9,569,549 189,689 1,544,876
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.