SHARPE
Reported results
- GAAP net loss was $9.3 million, or $0.73 per diluted share, for the third quarter of 2026.
- Non-GAAP Adjusted EBITDA was $29.4 million for the third quarter of 2026.
- Cash provided by operating activities was $46.9 million for the third quarter of 2026.
- Capital expenditures were $33.8 million for the third quarter of 2026.
- Met segment non-GAAP coal sales realization per ton was $121.09 in the third quarter of 2026.
- Met segment non-GAAP cost of coal sales per ton was $106.93 for the third quarter of 2026.
Guidance
- For full year 2027, total Met segment shipments are expected to be between 14.3 million and 15.7 million tons.
- For full year 2027, Met segment cost of coal sales per ton is expected to be between $104.00 and $110.00.
- For full year 2027, selling, general and administrative (SG&A) costs are expected to be between $53 million and $59 million, excluding non-recurring expenses and non-cash stock compensation.
- For full year 2027, capital expenditures are projected in the range of $145 million to $165 million.
Price and volatility reaction
The stock moved +3.2% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -8.9 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 143.27 | 2026-11-05 |
| Close after release | 147.93 | 2026-11-06 |
| Realised move | +3.2% | close to close |
| 30d ATM IV change | -8.9 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-11-06 (8-K, Item 2.02). Read the original filing on sec.gov.