--- schema_version: "secwatch.filing_event.v1" accession: "0001704715-24-000095" form_type: "8-K" ticker: "AMR" cik: "0001704715" company_name: "Alpha Metallurgical Resources, Inc." filed_at: "2024-05-06T23:59:59+00:00" generated_at: "2026-06-02T22:11:27.594658+00:00" event_type: "earnings" sentiment: "neutral" materiality_score: 0.5 calibrated_materiality_score: 0.5 confidence: "high" source: SEC EDGAR --- # Alpha Metallurgical Q1 net income $127M, diluted EPS $9.59; adj. EBITDA $189.6M ## Summary - 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. ## SEC filing metadata - accession: 0001704715-24-000095 - form_type: 8-K - ticker: AMR - cik: 0001704715 - company_name: Alpha Metallurgical Resources, Inc. - filed_at: 2024-05-06T23:59:59+00:00 - event_type: earnings - sentiment: neutral - materiality_score: 0.5 - calibrated_materiality_score: 0.5 - confidence: high - sec_items: 2.02, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1704715/000170471524000095/0001704715-24-000095-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1704715/000170471524000095/amr-20240502.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001704715-24-000095 - JSON: https://secwatch.observer/filing/0001704715-24-000095.json - Plain text: https://secwatch.observer/filing/0001704715-24-000095.txt ## Key facts - Earnings Releases 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 source text: Reports first quarter net income of $127.0 million, or $9.59 per diluted share evidence_url: https://www.sec.gov/Archives/edgar/data/1704715/000170471524000095/0001704715-24-000095-index.htm - Shareholder Votes 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 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/1704715/000170471524000095/0001704715-24-000095-index.htm - Shareholder Votes 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 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/1704715/000170471524000095/0001704715-24-000095-index.htm - Shareholder Votes 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 source text: 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: — evidence_url: https://www.sec.gov/Archives/edgar/data/1704715/000170471524000095/0001704715-24-000095-index.htm - Shareholder Votes 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 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/1704715/000170471524000095/0001704715-24-000095-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.