EntryPoint Capital LLC Has $423,000 Stock Holdings in Alpha Metallurgical Resources, Inc. (NYSE:AMR)

EntryPoint Capital LLC raised its stake in shares of Alpha Metallurgical Resources, Inc. (NYSE:AMR) by 102.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,113 shares of the energy company’s stock after purchasing an additional 1,069 shares during the quarter. EntryPoint Capital LLC’s holdings in Alpha Metallurgical Resources were worth $423,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Empowered Funds LLC boosted its stake in Alpha Metallurgical Resources by 69.7% in the 4th quarter. Empowered Funds LLC now owns 12,139 shares of the energy company’s stock valued at $2,429,000 after buying an additional 4,985 shares in the last quarter. Ruffer LLP bought a new position in shares of Alpha Metallurgical Resources during the fourth quarter valued at $4,100,000. Barclays PLC boosted its stake in shares of Alpha Metallurgical Resources by 309.2% in the 3rd quarter. Barclays PLC now owns 18,646 shares of the energy company’s stock valued at $4,402,000 after purchasing an additional 14,089 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Alpha Metallurgical Resources in the 4th quarter worth about $3,564,000. Finally, Impala Asset Management LLC acquired a new stake in shares of Alpha Metallurgical Resources during the 3rd quarter worth about $1,181,000. 84.29% of the stock is currently owned by institutional investors.

Alpha Metallurgical Resources Stock Up 0.7 %

NYSE:AMR opened at $130.38 on Wednesday. The firm has a market cap of $1.70 billion, a PE ratio of 4.78 and a beta of 1.50. Alpha Metallurgical Resources, Inc. has a 12 month low of $122.00 and a 12 month high of $361.17. The company’s 50-day moving average price is $161.55 and its two-hundred day moving average price is $198.44.

Alpha Metallurgical Resources (NYSE:AMR) last announced its earnings results on Friday, February 28th. The energy company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.09). Alpha Metallurgical Resources had a return on equity of 22.65% and a net margin of 11.08%. The business had revenue of $617.30 million during the quarter, compared to analyst estimates of $658.20 million. During the same period in the previous year, the firm earned $12.88 earnings per share. The firm’s revenue was down 35.7% compared to the same quarter last year. On average, research analysts expect that Alpha Metallurgical Resources, Inc. will post 14.31 EPS for the current fiscal year.

Alpha Metallurgical Resources Company Profile

Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc and changed its name to Alpha Metallurgical Resources, Inc in February 2021.