Alpha Metallurgical Resources, Inc. (NYSE:AMR) Q2 2022 Earnings Conference Call August 8, 2022 10:00 AM ET

Company Participants

Emily O'Quinn - SVP, Corporate Communications

David Stetson - Chairman and CEO

Andy Eidson - President and CFO

Jason Whitehead - EVP and COO

Daniel Horn - EVP and Chief Commercial Officer

Conference Call Participants

Lucas Pipes - B. Riley Securities

Nathan Martin - The Benchmark Company

Jonathan Everett - Cowen

Operator

Greetings, and welcome to the Alpha Metallurgical Resources Second Quarter 2022 Results Conference Call. [Operator Instructions] Please note this conference is being recorded.

I will now turn the conference over to your host, Emily O'Quinn, Senior Vice President of Corporate Communications. You may begin.

Emily O'Quinn

Thank you, Rob, and good morning, everyone. Before we get started, let me remind you that during our prepared remarks, our comments regarding anticipated business and financial performance contain forward-looking statements, and actual results may differ materially from those discussed. For more information regarding forward-looking statements and some of the factors that can affect them, please refer to the company's second quarter 2022 earnings release and the associated SEC filings. Please also see those documents for information about our use of non-GAAP measures and their reconciliation to GAAP measures.

Participating on the call today are Alpha's Chairman and Chief Executive Officer, David Stetson; and President and Chief Financial Officer, Andy Eidson. Also participating on the call are Jason Whitehead, our Chief Operating Officer; and Dan Horn, our Chief Commercial Officer.

With that, I'll turn the call over to David.

David Stetson

Thanks, Emily. Good morning, everyone, and thank you for joining us.

Just over six years ago, I joined the Alpha team. During those years, we have certainly experienced our share of obstacles and hurdles. And on many occasions, we had our share of people questioning whether Alpha would survive those hurdles. I come before you today as proud as ever of the accomplishments of the Alpha team humbled by the opportunity given the six years ago to be part of that team, and confident that this team will be stronger and achieve more in the coming years during my tenure as CEO

We have always been transparent our goal is about. We did have a heavy debt while navigating markets more difficult. We knew it was essential to invest in our people and our assets to grow out there. And lastly, our shareholder base has been very loyal, net loyalty had to be rewarded. Over the past quarters, we've clearly laid out the plans and actions we needed to take in order to accomplish those goals. To that end, let me share with the great news in the second quarter