US · 2 entries · 2 publications
Alpha Metallurgical Resources, Inc.
More bullish than bearish among those that state a stance.
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A business the market has priced as a melting ice cube represents an opportunity for buybacks (I think ~19% of the company in a normal year). Yes, I am interested in a coal miner in 2026. Hear me out.
Since publication +9.3% α +5.7 pp vs S&P 500 · USD
Substack · Stone Mountain Research
The largest U.S. met coal producer trades at 4x trough earnings. The downside is priced in. The upside isn't.
Since publication −20.7% α −37.4 pp vs S&P 500 · USD
Prices as of the Oct 27, 2026 close. Past performance does not guarantee future results. Price-only, excluding dividends, in local currency. Data may be delayed or inaccurate. Not investment advice. How it is calculated.