Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company operates through three segments: Illinois Basin, Appalachia, and Minerals. It produces a range of thermal and metallurgical coal with sulfur and heat contents. The also company operates seven underground mining complexes in Illinois, Indiana, Kentucky, Maryland, and West Virginia. Further, it leases land and operates a coal loading terminal on the Ohio River at Mt. Vernon, Indiana; and buys and resells coal, as well as owns interests in various oil and gas mineral interests located within producing basins in the continental United States. In addition, the company offers various industrial and mining technology products and services, such as miner and equipment tracking systems, and proximity detection systems. As of December 31, 2020, it had approximately 1.65 billion tons of proven and probable coal reserves in Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. The company was founded in 1971 and is headquartered in Tulsa, Oklahoma.
IPO Year: 1999
Exchange: NASDAQ
Website: arlp.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/30/2022 | $22.00 | Outperform | Noble Capital Markets |
4 - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Issuer)
4 - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Issuer)
4 - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Issuer)
4 - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Issuer)
4 - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Issuer)
4 - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Issuer)
4 - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Issuer)
4 - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Issuer)
4 - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Issuer)
4 - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Issuer)
Alliance Resource Partners, L.P. (NASDAQ:ARLP) ("ARLP" or the "Partnership") announced today that its subsidiary, Excel Mining, LLC ("Excel"), issued Worker Adjustment and Retraining Notification ("WARN") Act notices to all of its approximately 280 employees of the MC Mining Complex in Pike County, Kentucky. "The decision to issue WARN notices at the MC Mining Complex was not made lightly," said Joseph W. Craft, III, Chairman, President and Chief Executive Officer. "Despite our continued efforts to navigate challenging geology and market conditions, persistent weakness in coal demand, compounded by some delays in timely payment for committed coal sales, has necessitated this difficult but
2024 Quarter Highlights Third quarter 2024 total revenue of $613.6 million, net income of $86.3 million, and EBITDA of $170.7 million Increased oil & gas royalty volumes to 864 MBOE, up 11.9% year-over-year Completed $10.5 million in oil & gas mineral interest acquisitions Declares quarterly cash distribution of $0.70 per unit, or $2.80 per unit annualized Increased committed & priced sales tons for the 2025 full year by 5.9 million tons to 22.5 million tons Alliance Resource Partners, L.P. (NASDAQ:ARLP) ("ARLP" or the "Partnership") today reported financial and operating results for the three and nine months ended September 30, 2024 (the "2024 Quarter" and "2024 Period," respec
Alliance Resource Partners, L.P. (NASDAQ:ARLP) will report its third quarter 2024 financial results before the market opens on Monday, October 28, 2024. Alliance management will discuss these results during a conference call beginning at 10:00 a.m. Eastern that same day. To participate in the conference call, dial U.S. Toll Free (877) 407-0784 and request to be connected to the Alliance Resource Partners, L.P. earnings conference call. International callers should dial (201) 689-8560 and request to be connected to the same call. Investors may also listen to the call via the "Investors" section of ARLP's website at www.arlp.com. An audio replay of the conference call will be available for
2024 Quarter Highlights Second quarter 2024 total revenue of $593.4 million, net income of $100.2 million, and EBITDA of $177.7 million Coal sales price realizations of $65.30 per ton sold, up 3.8% year-over-year Increased oil & gas royalty volumes to 817 MBOE, up 6.8% year-over-year In June 2024, issued $400 million in 8.625% Senior Notes due 2029 and redeemed outstanding balance of Senior Notes due 2025 Extended revolving credit facility maturity to March 2028 Enhanced liquidity position to $666.0 million, which included $203.7 million in cash and $462.3 million of borrowings available under credit facilities In July 2024, declared quarterly cash distribution of $0.70
Alliance Resource Partners, L.P. (NASDAQ:ARLP) today announced that the Board of Directors of ARLP's general partner ("Board of Directors") approved a cash distribution to its unitholders for the quarter ended June 30, 2024 (the "2024 Quarter"). ARLP unitholders of record as of the close of trading on August 7, 2024 will receive a cash distribution for the 2024 Quarter of $0.70 per unit (an annualized rate of $2.80 per unit), payable on August 14, 2024. The announced distribution is consistent with the cash distributions of $0.70 per unit for the quarters ended June 30, 2023 and March 31, 2024. As previously announced, ARLP will report financial results for the 2024 Quarter before the m
Alliance Resource Partners, L.P. (NASDAQ:ARLP) will report its second quarter 2024 financial results before the market opens on Monday, July 29, 2024. Alliance management will discuss these results during a conference call beginning at 10:00 a.m. Eastern that same day. To participate in the conference call, dial U.S. Toll Free (877) 407-0784 and request to be connected to the Alliance Resource Partners, L.P. earnings conference call. International callers should dial (201) 689-8560 and request to be connected to the same call. Investors may also listen to the call via the "Investors" section of ARLP's website at www.arlp.com. An audio replay of the conference call will be available for
Alliance Resource Partners, L.P. (NASDAQ:ARLP) ("ARLP") announced today that Alliance Resource Operating Partners, L.P. ("AROP"), the intermediate partnership of ARLP, and Alliance Resource Finance Corporation, AROP's wholly owned subsidiary, priced the previously announced private placement of $400 million in aggregate principal amount of 8.625% senior unsecured notes due 2029 (the "New Notes"). The New Notes will be issued at par. The offering is expected to close on or about June 12, 2024, subject to customary closing conditions. AROP expects to use a portion of the net proceeds from the offering of the New Notes to fund the redemption of its outstanding 7.5% Senior Notes due 2025 (the
Alliance Resource Partners, L.P. (NASDAQ:ARLP) ("ARLP") announced today that Alliance Resource Operating Partners, L.P. ("AROP"), the intermediate partnership of ARLP, and AROP's wholly owned subsidiary, Alliance Resource Finance Corporation, subject to market conditions, intend to offer $400 million in aggregate principal amount of senior unsecured notes due 2029 (the "New Notes") in a private placement to eligible purchasers. AROP expects to use a portion of the net proceeds from the offering of the New Notes to fund the redemption of its outstanding 7.5% Senior Notes due 2025 (the "2025 Notes") and the remaining for general corporate purposes. On May 29, 2024, AROP delivered a conditio
Highlights Increased coal sales volumes to 8.7 million tons, up 2.4% year-over-year Record oil & gas royalty volumes of 898 MBOE, up 18.3% year-over-year and 11.0% sequentially First quarter 2024 total revenue of $651.7 million, net income of $158.1 million, and EBITDA of $235.0 million Enhanced liquidity position to $551.3 million, which included $134.0 million in cash and $417.3 million of borrowings available under credit facilities In April 2024, declared quarterly cash distribution of $0.70 per unit, or $2.80 per unit annualized Alliance Resource Partners, L.P. (NASDAQ:ARLP) ("ARLP" or the "Partnership") today reported financial and operating results for the quarter e
Alliance Resource Partners, L.P. (NASDAQ:ARLP) today announced that the Board of Directors of ARLP's general partner approved a cash distribution to its unitholders for the quarter ended March 31, 2024 (the "2024 Quarter"). ARLP unitholders of record as of the close of trading on May 8, 2024 will receive a cash distribution for the 2024 Quarter of $0.70 per unit (an annualized rate of $2.80 per unit), payable on May 15, 2024. The announced distribution is consistent with the cash distributions of $0.70 per unit for the quarters ended March 31, 2023 and December 31, 2023. As previously announced, ARLP will report financial results for the 2024 Quarter before the market opens on Monday, A
8-K - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Filer)
8-K - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Filer)
SD - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Filer)
8-K - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Filer)
8-K - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Filer)
8-K - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Filer)
8-K - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Filer)
SD - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Filer)
10-Q - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Filer)
8-K - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Filer)
Noble Capital Markets initiated coverage of Alliance Resource with a rating of Outperform and set a new price target of $22.00
The Benchmark Company resumed coverage of Alliance Resource with a rating of Buy and set a new price target of $7.00
SC 13D/A - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Subject)
2024 Quarter Highlights Third quarter 2024 total revenue of $613.6 million, net income of $86.3 million, and EBITDA of $170.7 million Increased oil & gas royalty volumes to 864 MBOE, up 11.9% year-over-year Completed $10.5 million in oil & gas mineral interest acquisitions Declares quarterly cash distribution of $0.70 per unit, or $2.80 per unit annualized Increased committed & priced sales tons for the 2025 full year by 5.9 million tons to 22.5 million tons Alliance Resource Partners, L.P. (NASDAQ:ARLP) ("ARLP" or the "Partnership") today reported financial and operating results for the three and nine months ended September 30, 2024 (the "2024 Quarter" and "2024 Period," respec
Alliance Resource Partners, L.P. (NASDAQ:ARLP) will report its third quarter 2024 financial results before the market opens on Monday, October 28, 2024. Alliance management will discuss these results during a conference call beginning at 10:00 a.m. Eastern that same day. To participate in the conference call, dial U.S. Toll Free (877) 407-0784 and request to be connected to the Alliance Resource Partners, L.P. earnings conference call. International callers should dial (201) 689-8560 and request to be connected to the same call. Investors may also listen to the call via the "Investors" section of ARLP's website at www.arlp.com. An audio replay of the conference call will be available for
2024 Quarter Highlights Second quarter 2024 total revenue of $593.4 million, net income of $100.2 million, and EBITDA of $177.7 million Coal sales price realizations of $65.30 per ton sold, up 3.8% year-over-year Increased oil & gas royalty volumes to 817 MBOE, up 6.8% year-over-year In June 2024, issued $400 million in 8.625% Senior Notes due 2029 and redeemed outstanding balance of Senior Notes due 2025 Extended revolving credit facility maturity to March 2028 Enhanced liquidity position to $666.0 million, which included $203.7 million in cash and $462.3 million of borrowings available under credit facilities In July 2024, declared quarterly cash distribution of $0.70
Alliance Resource Partners, L.P. (NASDAQ:ARLP) today announced that the Board of Directors of ARLP's general partner ("Board of Directors") approved a cash distribution to its unitholders for the quarter ended June 30, 2024 (the "2024 Quarter"). ARLP unitholders of record as of the close of trading on August 7, 2024 will receive a cash distribution for the 2024 Quarter of $0.70 per unit (an annualized rate of $2.80 per unit), payable on August 14, 2024. The announced distribution is consistent with the cash distributions of $0.70 per unit for the quarters ended June 30, 2023 and March 31, 2024. As previously announced, ARLP will report financial results for the 2024 Quarter before the m
Alliance Resource Partners, L.P. (NASDAQ:ARLP) will report its second quarter 2024 financial results before the market opens on Monday, July 29, 2024. Alliance management will discuss these results during a conference call beginning at 10:00 a.m. Eastern that same day. To participate in the conference call, dial U.S. Toll Free (877) 407-0784 and request to be connected to the Alliance Resource Partners, L.P. earnings conference call. International callers should dial (201) 689-8560 and request to be connected to the same call. Investors may also listen to the call via the "Investors" section of ARLP's website at www.arlp.com. An audio replay of the conference call will be available for
Highlights Increased coal sales volumes to 8.7 million tons, up 2.4% year-over-year Record oil & gas royalty volumes of 898 MBOE, up 18.3% year-over-year and 11.0% sequentially First quarter 2024 total revenue of $651.7 million, net income of $158.1 million, and EBITDA of $235.0 million Enhanced liquidity position to $551.3 million, which included $134.0 million in cash and $417.3 million of borrowings available under credit facilities In April 2024, declared quarterly cash distribution of $0.70 per unit, or $2.80 per unit annualized Alliance Resource Partners, L.P. (NASDAQ:ARLP) ("ARLP" or the "Partnership") today reported financial and operating results for the quarter e
Alliance Resource Partners, L.P. (NASDAQ:ARLP) today announced that the Board of Directors of ARLP's general partner approved a cash distribution to its unitholders for the quarter ended March 31, 2024 (the "2024 Quarter"). ARLP unitholders of record as of the close of trading on May 8, 2024 will receive a cash distribution for the 2024 Quarter of $0.70 per unit (an annualized rate of $2.80 per unit), payable on May 15, 2024. The announced distribution is consistent with the cash distributions of $0.70 per unit for the quarters ended March 31, 2023 and December 31, 2023. As previously announced, ARLP will report financial results for the 2024 Quarter before the market opens on Monday, A
Alliance Resource Partners, L.P. (NASDAQ:ARLP) will report its first quarter 2024 financial results before the market opens on Monday, April 29, 2024. Alliance management will discuss these results during a conference call beginning at 10:00 a.m. Eastern that same day. To participate in the conference call, dial U.S. Toll Free (877) 407-0784 and request to be connected to the Alliance Resource Partners, L.P. earnings conference call. International callers should dial (201) 689-8560 and request to be connected to the same call. Investors may also listen to the call via the "Investors" section of ARLP's website at www.arlp.com. An audio replay of the conference call will be available for
Highlights Record full year 2023 total revenue of $2.6 billion, coal sales price realizations of $64.17 per ton sold, and net income of $630.1 million Full year 2023 EBITDA of $933.1 million Fourth quarter 2023 total revenue of $625.4 million, EBITDA of $185.4 million, and net income of $115.4 million Completed $24.8 million in oil & gas mineral interest acquisitions during fourth quarter 2023 and $110.9 million during full year 2023, resulting in record BOE volumes Reduced debt by $22.9 million during fourth quarter 2023 and $85.0 million during full year 2023, resulting in total and net leverage ratios of 0.37 times and 0.31 times, respectively In January 2024, declared
Alliance Resource Partners, L.P. (NASDAQ:ARLP) today announced that the Board of Directors of ARLP's general partner approved a cash distribution to its unitholders for the quarter ended December 31, 2023 (the "2023 Quarter"). ARLP unitholders of record as of the close of trading on February 7, 2024 will receive a cash distribution for the 2023 Quarter of $0.70 per unit (an annualized rate of $2.80 per unit), payable on February 14, 2024. The announced distribution is consistent with the cash distributions of $0.70 per unit for the quarters ended December 31, 2022 and September 30, 2023. As previously announced, ARLP will report financial results for the 2023 Quarter before the market o
U.S. technology and business leaders, including Palantir Technologies Inc (NYSE:PLTR) co-founder Joe Lonsdale, venture capital pioneer Doug Leone, and the Winklevoss twins, have donated to a new super-political action committee supporting Donald Trump’s presidential bid. America PAC has raised more than $8.7 million since its launch in June, the Financial Times cites from a public filing. Several $1 million donations came from Silicon Valley investors who have recently publicly supported Trump. Also Read: As Trump’s Chances Of Presidency Improve, Analysts Say His Return To White House Could Boost These 3 Sectors The donors include Sequoia partner Shaun Maguire, Valor Equity Partn
On CNBC's “Mad Money Lightning Round,” Jim Cramer said Ferguson plc (NYSE:FERG) is a “very, very good” company. However, he recommends Trane Technologies plc (NYSE:TT) or Carrier Global Corporation (NYSE:CARR) ‘in case you want HVAC (heating, ventilating, and air conditioning).’ On June 4, Ferguson reported third-quarter net sales of $7.308 billion. That’s 2.4% higher year over year, driven by volume improvement despite continued deflation of approximately 2%. KKR & Co. Inc. (NYSE:KKR) is the “foremost, the other one that I would recommend is Blackstone (NYSE:BX),” Cramer said. On July 8, TD Cowen analyst Bill Katz maintained KKR with a Buy and lowered the price target from $157 to
Benchmark analyst Nathan Martin reiterates Alliance Res Partners (NASDAQ:ARLP) with a Buy and maintains $25 price target.
Alliance Res Partners (NASDAQ:ARLP) reported quarterly earnings of $1.21 per share which beat the analyst consensus estimate of $1.02 by 18.63 percent. This is a 16.55 percent decrease over earnings of $1.45 per share from the same period last year. The company reported quarterly sales of $651.697 million which beat the analyst consensus estimate of $620.061 million by 5.10 percent. This is a 1.69 percent decrease over sales of $662.922 million the same period last year.
Alliance Resource Partners LP (NASDAQ:ARLP) shares are trading lower after the company reported worse-than-expected fourth-quarter earnings per unit and sales results. Revenue declined 11.2% Y/Y to $625.4 million, missing the consensus of $661.9 million. Revenue declined Y/Y due to lower coal and oil & gas prices and decreased coal sales volumes. Coal sales price per ton sold decreased 10.7% Y/Y to $60.60 due to lower Illinois Basin export pricing. Segment adjusted EBITDA stood at $203.2 million, down 35.5% Y/Y, in the quarter. Earnings per unit of $0.88 came below the consensus of $1.14. As of December 31, 2023, the company had a total liquidity of $492.1 million, including $59
"As we look to 2024, our coal sales book is expected to be equally as strong as last year and be the anchor to deliver another record year of revenues," commented Mr. Craft. "Our dependability and the reliability of our coal quality is highly valued by our customers, evidenced by the premium pricing we have received, relative to the spot market, on recent commitments with domestic customers for multi-year contracts. We are entering 2024 with over 90% of our coal sales volumes committed and priced at similar levels relative to 2023. We are expecting our production to be more consistent in 2024, believing we have moved beyond the several negative geological areas that we faced in 2023."
This new innovative motor system will create lighter-weight, high performance mining equipment and help electrify heavy industry. Infinitum, creator of the sustainable air-core motor, and Matrix Design Group, LLC ("Matrix"), a wholly owned subsidiary of Alliance Resource Partners, L.P. ("ARLP") and leading safety and productivity technology provider for mining and industrial applications, today announced an agreement to jointly develop and distribute high-efficiency, reliable motors and advanced motor controllers designed specifically for the mining industry. Under the agreement, Matrix will integrate Infinitum's smaller, lighter motor technology into mining equipment of ARLP's operatin