Alta Mesa Resources (AMR) Reports Q4 Loss of $3.00, Revenues Beat

Alta Mesa Resources (NASDAQ: AMR) reported Q4 EPS of ($3.00), versus $0.00 reported last year. Revenue for the quarter came in at $323.85 million versus the consensus estimate of $137.29 million.

"Despite the numerous challenges of the last year, we are proud of our accomplishments including significant operating cost reductions, refreshed board composition, and our rebranding to Alpha Metallurgical Resources, which reflects our strategic shift and focus on metallurgical coal," said chairman and chief executive officer, David Stetson. "We remain confident that in 2021 we can take advantage of improved market conditions and met coal prices as expected global infrastructure spending and stimulus actions come to fruition."

For earnings history and earnings-related data on Alta Mesa Resources (AMR) click here.

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