Cosmic Coal Cartels and Insider Buys: AMR’s Stellar Scoop

Kenneth S. Courtis, a member of Alpha Metallurgical Resources’ Board of Directors (AMR +6.21%), recently embarked on a stock-purchasing expedition equivalent to buying 37,000 shares of corporate courage between Dec. 9 and Dec. 12, 2025. This cosmic-scale transaction, totaling $6,694,202.54, was disclosed via the SEC Form 4-a galactic filing system that ensures transparency or, in this case, the illusion thereof.

This analogy is not investment advice.)

Company overview

Metric Value
Revenue (TTM) $2,226.36 million
Net income (TTM) ($46.55 million)
Price (as of market close Dec. 12, 2025) $180.92

One-year performance calculated using Dec. 12, 2025 as the reference date-or, as the universe might say, “File under ‘stuff and things.'”

Company snapshot

  • AMR extracts, processes, and sells coal-both metallurgical (for steelbox construction) and thermal (for electricity generation). It’s essentially the universe running a side hustle to make bricks.
  • The company operates a constellation of mines and facilities across Virginia and West Virginia, where it supplies high-carbon products to steel manufacturers and the occasionally environmentally conflicted utility.
  • It serves industrial customers with a mix of desperation and optimism, a strategy that might yet birth a black hole… or profit.

Alpha Metallurgical Resources: a U.S.-based coal empire that thrives on paradoxes. It’s the idea that burning ancient trees is futuristic-a thought that, like investing in pre-IPO rocketships, keeps the universe curiously unbalanced.

What this transaction means for pan-galactic investors

Mr. Courtis’ $7 million stake-purchase is less a bullish bet and more a dare. It’s the financial equivalent of ordering a nuclear submarine on a budget and expecting it to float. Yet, AMR’s stock price is currently navigating a meteor shower of volatility, having crawled from a 52-week low of $97.41 to nearly brushing the frontier of $213.96. Buying at the bottom is fine, but purchasing at the bottom next to a rocket is a specialty.

Alpha’s fiscal reports, however, suggest it’s less Batman’s Batcave and more Wile E. Coyote’s collapsing cliffside HQ. Third-quarter losses of $5.5 million, compared to a $3.8 million profit the previous year, imply the company is learning new dance moves: the Waltz of the Crimson Deficit. Revenue contraction from $2.3 billion to $1.6 billion in 2025’s first nine months further suggests Alpha is less a tycoon and more a magician who lost the rabbit.

CEO Andy Eidson, in a statement that smirks at the concept of optimism, claimed the company’s “highlight” was “cost performance.” One might paraphrase this as, “We’re very, very good at losing money efficiently-a skill that will one day change the world.”

In a universe where coal stocks and climate pledges coexist like tea and thunderstorms, Mr. Courtis’ purchase is a signal of defiance-or hubris. It’s the idea that AMR, like a leprechaun piling gold on a sinking raft, might yet turn heads if it can just ride the waves long enough. For investors, the question isn’t whether the universe will make sense. It’s whether they want to buy a ticket for the wreckage tour.

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Glossary

Open-market transaction: A public stock trade, akin to haggling in a marketplace where the universe occasionally mishears your offer.

SEC Form 4: A legal requirement that ensures insiders can’t quietly gamble with shareholder wallets while sipping cocktails and moonlighting as time travelers.

Insider buying: When a company’s Babylonian priesthood purchases scrip believing it might, just this once, translate to gold.

Direct holdings: Shares personally owned, like a pet dog with shares in a treehouse.

Derivative activity: Financial instruments whose value is, like a riddle, always based on a something-but never actually anything useful.

Weighted average price: The universe’s way of pretending you got a deal, all things considered.

Accumulation: The art of amassing something, usually in preparation for a disaster the universe has yet to invent.

Dividend yield: A percentage that might, someday in a parallel life, return capital. Probably not.

Metallurgical coal: Coal so specialized it could have its own passport and visa restrictions.

TTM: Time To Market, or, as the tax auditors remind you, “Trust, but Verify-minutely.”

As the universe expands and contracts, one thing remains certain: if a director spends $6.7 million on stock amid a financial Siberia, the cosmos itself is either betting on a miracle or just suffering from poor judgment. 🪐

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2025-12-18 10:54