Disclaimer: Alpha Natural Resources, Inc. is currently followed by the analysts listed on this page. This list may be incomplete or not entirely up to date, and may change as coverage is added or dropped. Any opinions, estimates or forecasts made by the analysts that follow Alpha are theirs alone, and do not represent the views of Alpha or its management. Alpha provides this list as a service to investors, and by doing so does not imply that it endorses or concurs with the information, conclusions or recommendations of any of these analysts.
Alpha does not distribute analyst research reports. Investors who are interested in obtaining the reports issued by these analysts should contact the firms directly. Please note that several of the firms for which these analysts work may be market-makers in Alpha common stock, may hold positions in the company, or may provide other services to the company for which they are compensated.
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Alpha Natural Resources, Inc., inclusive of its subsidiaries and affiliates, ("Alpha") has no control over the External Website, any data or other content contained therein or any additional linked websites. The link to the External Website is provided for convenience purposes only.
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Non-GAAP Information
In addition to disclosing results determined in accordance with GAAP, Alpha also discloses certain non-GAAP financial measures, including adjusted income from continuing operations, adjusted diluted earnings per common share from continuing operations, EBITDA from continuing operations and adjusted EBITDA from continuing operations (collectively, "Non-GAAP Information"). A reconciliation of adjusted income from continuing operations to income from continuing operations, the most directly comparable U.S. GAAP measure, the weighted average diluted shares used to calculate adjusted diluted earnings per common share from continuing operations, and a reconciliation of both EBITDA from continuing operations and adjusted EBITDA from continuing operations to income from continuing operations are included in the Reconciliation section on the External Website.
The Non-GAAP Information is used by Alpha's management to gauge operating performance and normalized levels of earnings. The definition of each type of Non-GAAP Information may be changed periodically by Alpha's management to adjust for significant items important to an understanding of operating trends. Alpha's management presents the Non-GAAP Information as supplemental measures of Alpha's performance and debt service capacity that may be useful to securities analysts, investors and others in assessing Alpha's performance over time.
The Non-GAAP Information is not, however, a measure of financial performance under U.S. GAAP and should not be considered as an alternative to net income, income from continuing operations, operating income or diluted earnings per share from continuing operations as determined in accordance with U.S. GAAP. Moreover, the Non-GAAP Information is not calculated identically by all companies and may not be comparable to Non-GAAP Information used by other companies. The Non-GAAP Information should not be viewed as a substitute for, or superior to, other data prepared in accordance with GAAP.
