Alpha Metallurgical Resources (AMR) furnished an investor presentation on February 27, 2026, outlining its operations, financial health, and future strategy. The company sold 15.3 million tons of coal in 2025, generating $122 million in Adjusted EBITDA. AMR is the #1 U.S. producer of metallurgical coal, with 3,960 employees and an asset footprint including 19 mines, 8 preparation plants, 2 standalone loadouts, 1 dock, and a 65% ownership in the DTA Export Terminal. The sales mix in 2025 was 75% export and 25% domestic, serving 19 countries internationally. Total coal reserves as of year-end 2025 stood at 294 million tons. Since March 9, 2022, the company has repurchased approximately 6.9 million shares for a total of ~$1.1 billion, reducing outstanding shares by ~31%. Key 2026 guidance includes metallurgical shipments of 14.4-15.4 million tons, a Met Segment cost per ton of $95.00-$101.00, and capital expenditures of $148-$168 million. The company is developing the Kingston Wildcat underground mine, expected to produce ~500k tons in 2026 and ramp up to ~900k tons in 2027.