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AMR News
AMR Events
Alpha Sees Q3 Adjusted EBITDA at $560.6M
Sees Q3 adjusted EBITDA $560.6M. "As expected, our preliminary Q3 results reflect stronger volumes than in the first half but continued cost pressure," said Andy Eidson, Alpha's chief executive officer. "Our realizations for the quarter were influenced by the market volatility of the last few months. We look forward to providing more information about our results and outlook for 2027 when we announce our definitive third quarter financial results on November 6."
Alpha Reports Q2 Revenue of $492.86M, Below Expectations
Reports Q2 revenue $492.86M, consensus $538.53M. "Due to several factors, we closed out the first half of 2026 with fewer tons shipped and higher costs than expected," said Andy Eidson, Alpha's chief executive officer. "Those realities are evident in our second quarter results, and they informed our decision to release adjusted guidance ranges for sales volumes and cost of coal sales. We continue to engage with terminal leaders at Dominion Terminal Associates to address the high-wind storm damage that occurred in June. Our reduced sales volume guidance for the balance of the year incorporates our expectations of reduced efficiency at DTA, which we plan to mitigate in part by utilizing our throughput capacity at other East Coast terminals. Once the insurance claims process advances, alongside conversations with third party equipment providers, terminal leadership should gain additional clarity regarding the longer-term plan for replacing the stacker reclaimer. In the immediate term, however, we remain appreciative of the cooperation from DTA leaders in working through these challenges and their resourcefulness in keeping the terminal running as well as possible under the circumstances."
Alpha Reports Q2 Revenue of $492.86M, Below Expectations
Reports Q2 revenue $492.86M, consensus $538.53M. "Due to several factors, we closed out the first half of 2026 with fewer tons shipped and higher costs than expected," said Andy Eidson, Alpha's chief executive officer. "Those realities are evident in our second quarter results, and they informed our decision to release adjusted guidance ranges for sales volumes and cost of coal sales. We continue to engage with terminal leaders at Dominion Terminal Associates to address the high-wind storm damage that occurred in June. Our reduced sales volume guidance for the balance of the year incorporates our expectations of reduced efficiency at DTA, which we plan to mitigate in part by utilizing our throughput capacity at other East Coast terminals. Once the insurance claims process advances, alongside conversations with third party equipment providers, terminal leadership should gain additional clarity regarding the longer-term plan for replacing the stacker reclaimer. In the immediate term, however, we remain appreciative of the cooperation from DTA leaders in working through these challenges and their resourcefulness in keeping the terminal running as well as possible under the circumstances."
Stock Futures Surge as Oil Prices Plunge
Stock futures are sharply higher Monday as investors return from the weekend encouraged by easing geopolitical tensions and a steep decline in oil prices. Dow, S&P 500 and Nasdaq futures are all advancing ahead of the opening bell, with technology and travel stocks leading premarket gains as crude prices retreat.Markets are reacting positively to reports that the Trump administration has paused further military escalation with Iran to allow room for diplomatic efforts. The easing in tensions has sent Brent crude sharply lower, relieving concerns that higher energy prices could fuel inflation and complicate the Federal Reserve's policy outlook. Airline, cruise and other travel-related stocks are benefiting from the drop in oil, while energy shares are under pressure.Investor attention is focused on a week that includes the Federal Reserve's July policy meeting, second-quarter GDP data, the June personal consumption expenditures price index, and earnings from four of the "Magnificent Seven" companies. The combination of major economic data and heavyweight earnings is expected to drive market direction through the end of the week.Following last week's mixed market reaction to Alphabet and Tesla, results from Microsoft, Meta, Amazon and Apple are expected to provide the clearest indication yet of whether the AI-driven rally can regain momentum.In pre-market trading, S&P 500 futures rose 0.89%, Nasdaq futures rose 1.42% and Dow futures rose 1.15%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Forte Biosciencesup 40% after entering into a definitive agreement under which Argenxwill acquire the company for $77 per share in cashGossamer Bioup 28% after proceeding toward a planned NDA submission for seralutinib for the treatment of patients with PAH in September and reacquiring worldwide development and commercial rights to seralutinib from ChiesiD-Wave Quantumup 9% after AT&Tannounced an agreement to expand its use of D-Wave's quantum computing technology and plans to use the technology to address complex optimization challenges across its network operationsUP AFTER EARNINGS -Ensign Groupup 11%Baker Hughesup 3%AstraZenecaup 1%DOWN AFTER EARNINGS -Alpha Metallurgicaldown 4%Alliance Resource Partnersdown 1%LOWER -MapLight Therapeuticsdown 62% after reporting topline results from its Phase 2 ZEPHYR trial evaluating ML-007C-MA, an oral M1/M4 muscarinic agonist co-formulated with a peripherally acting anticholinergic, in adults with an acute exacerbation of schizophreniaArgenxdown 1% after entering into an agreement to acquire Forte Biosciences for $77 per share in cash
Dominion Energy Sees Q2 Coal Revenue at $491.5M
Sees Q2 coal revenue $491.5M. Q2 total revenue consensus $584.35M. CEO Andy Eidson said, "Based on our first half performance, continued met coal market weakness, and the previously announced equipment damage at Dominion Terminal Associates, we are reducing our expected sales volumes for the year. As a result of lower tonnage and higher supplies and maintenance costs, we are raising our cost of coal sales guidance to reflect these challenges. While the wind-related equipment damage at DTA is unfortunate, we are grateful to the terminal leaders who have worked safely and resourcefully to keep the terminal operational at its best possible efficiency given the circumstances. We expect to provide more information about our plans at DTA when we announce our definitive Q2 financial results on August 7."
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