Noble Capital Markets initiated coverage on Alliance Resource with a new price target
$ARLP
Coal Mining
Energy
Noble Capital Markets initiated coverage of Alliance Resource with a rating of Outperform and set a new price target of $22.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/30/2022 | $22.00 | Outperform | Noble Capital Markets |
8-K - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Filer)
8-K - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Filer)
SD - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Filer)
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
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
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
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
SC 13D/A - ALLIANCE RESOURCE PARTNERS LP (0001086600) (Subject)
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