SCHEDULE 13G/A: BlackRock Discloses 12.4% Stake in Alpha Metallurgical Resources
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an amended Schedule 13G, reporting a beneficial ownership of 12.4% of Alpha Metallurgical Resources, Inc.'s common stock as of March 31, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 1,613,492 shares of Alpha Metallurgical Resources, Inc. common stock.
- This ownership represents 12.4% of the total outstanding common stock of Alpha Metallurgical Resources, Inc.
- BlackRock holds sole voting power over 1,601,513 shares and sole dispositive power over 1,613,492 shares.
- The filing is an Amendment No. 4 to a Schedule 13G, indicating an update to a previously reported ownership stake.
- The securities are stated to be acquired and held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
- BlackRock, Inc. is identified as a parent holding company and an investment adviser.
- Several BlackRock subsidiaries are involved in the beneficial ownership, with BlackRock Fund Advisors specifically noted as beneficially owning 5% or greater of the outstanding shares.
- iShares Core S&P Small-Cap ETF is also identified as having an interest of more than 5% in the common stock of Alpha Metallurgical Resources, Inc.
Sentiment
Score: 5
Explanation: Neutral. A Schedule 13G is a factual disclosure of ownership and does not inherently convey positive or negative sentiment about the issuer's performance or prospects. It simply states a significant institutional holding.
Future Outlook
NA
Industry Context
NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Attorney-in-fact | N/A (previous Power of Attorney revoked) | Eric Andruczyk, Richard Cundiff, R. Andrew Dickson, III, Spencer Fleming, Laura Hildner, David Maryles, Christopher Meade, Charles Park, James Raby, Daniel Riemer, David Rothenberg, Brenda Schulz | 2025-01-21 | New Power of Attorney issued by BlackRock, Inc., revoking a prior one dated April 30, 2023, to update and authorize specific individuals to execute SEC filings on its behalf. |
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Update | BlackRock, Inc. issued a new Power of Attorney, effective January 21, 2025, authorizing specific individuals to execute SEC filings on its behalf and on behalf of its direct and indirect subsidiaries and affiliates. This new document expressly revokes a previous Power of Attorney dated April 30, 2023. | 2025-01-21 | This is a routine administrative update to BlackRock's internal corporate governance regarding signatory authority for regulatory filings. It ensures compliance with SEC reporting requirements and does not directly impact the corporate governance structure or policies of Alpha Metallurgical Resources, Inc. |
Stakeholder Impact
- Shareholders: The disclosure provides transparency regarding a significant institutional investor's stake in the company, which can influence market perception and liquidity. A large, stable institutional holding like BlackRock's can be viewed positively by other investors.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Date of previous Power of Attorney that was revoked by the new Power of Attorney. |
| 2025-01-21 | Effective date of the new Power of Attorney issued by BlackRock, Inc. |
| 2025-03-31 | Date of the event which required the filing of this Schedule 13G amendment. |
| 2025-04-23 | Date of filing and signature of the Schedule 13G by BlackRock, Inc. |
Keywords
Alpha Metallurgical Resources, BlackRock, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Equity Stake, Investment Management
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