Alpha Metallurgical Resources, Inc. (AMR) processes and sells metallurgical (met) coal and thermal coal in Virginia and West Virginia. Despite pandemic-induced bottlenecks in coal supply, AMR's efforts to deploy resources for initiatives to diversify its product offerings, as well as its long-standing contractual relationships, have helped the stock surge 140.5% year to date and 510.2% over the past year to close its last trading session at $146.82.
The company made a voluntary payback of $99.4 million on its term loan on June 3, 2022, which eliminated all remaining principal and paid the debt in full.
