Alliance Resource Partners, L.P. (ARLP)
Market Cap | 2.69B |
Revenue (ttm) | 2.64B |
Net Income (ttm) | 729.70M |
Shares Out | 127.13M |
EPS (ttm) | 5.56 |
PE Ratio | 3.81 |
Forward PE | 4.39 |
Dividend | $2.80 (13.22%) |
Ex-Dividend Date | Nov 6, 2023 |
Volume | 503,669 |
Open | 21.00 |
Previous Close | 20.76 |
Day's Range | 20.83 - 21.22 |
52-Week Range | 17.05 - 24.30 |
Beta | 1.25 |
Analysts | Strong Buy |
Price Target | 28.00 (+32.2%) |
Earnings Date | Jan 29, 2024 |
About ARLP
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 four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties. It produces a range of thermal and metallurgical coal with sulfur and heat contents. The company operates seven underground mining complexes in Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. In addition, it leases ... [Read more]
Financial Performance
In 2022, ARLP's revenue was $2.41 billion, an increase of 53.28% compared to the previous year's $1.57 billion. Earnings were $579.15 million, an increase of 223.99%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for ARLP stock is "Strong Buy" and the 12-month stock price forecast is $28.0.
News
Alliance Resource Partners, L.P. to Participate in Noble Capital Markets 19th Annual Emerging Growth Equity Conference
TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) today announced that the Company will attend the NobleCon19 - Noble Capital Markets 19th Annual Emerging Growth Equity Co...
Stonegate Capital Partners Updates Coverage on Alliance Resource Partners, L.P. (ARLP) 2023 Q3
Dallas, Texas--(Newsfile Corp. - October 30, 2023) - Alliance Resource Partners, L.P. (NASDAQ: ARLP): Stonegate Capital Partners updates coverage on Alliance Resource Partners, L.P.
Alliance Resource Partners, L.P. Reports Financial and Operating Results; Declares Quarterly Cash Distribution of $0.70 Per Unit; Completes $50 Million in New Ventures Investments; and Updates Guidance
TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) ("ARLP" or the "Partnership") today reported financial and operating results for the quarter ended September 30, 2023 (th...
Alliance Resource Partners, L.P. Announces Third Quarter 2023 Earnings Conference Call
TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) will report its third quarter 2023 financial results before the market opens on Friday, October 27, 2023. Alliance manage...
This Coal Stock Is Paying 13.7% — Is It Worth Buying? - Alliance Res Partners (NASDAQ:ARLP)
Searching for yield in today's stock market can be challenging — the current average dividend yield of S&P 500 companies is 1.5%.
Alliance Resource Partners, L.P. Announces $25 Million Strategic Investment in Ascend Elements
TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) ("ARLP" or the "Partnership") announced today that it has invested $25 million in Ascend Elements, Inc. ("Ascend Elements...
Stonegate Capital Partners Updates Coverage on Alliance Resource Partners, L.P. (ARLP) 2023 Q2
Dallas, Texas--(Newsfile Corp. - August 1, 2023) - Alliance Resource Partners, L.P. (NASDAQ: ARLP): Stonegate Capital Partners updates coverage on Alliance Resource Partners, L.P.
Alliance Resource Partners, L.P. Reports Increased Financial and Operating Results; Declares Quarterly Cash Distribution of $0.70 Per Unit; and Updates 2023 Guidance
TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) ("ARLP" or the "Partnership") today reported increased financial and operating results for the quarter ended June 30, 202...
Alliance Resource Partners, L.P. Declares Quarterly Distribution of $0.70 Per Unit
TULSA, Okla.--(BUSINESS WIRE)--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...
Alliance Resource Partners, L.P. Announces Second Quarter 2023 Earnings Conference Call
TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) will report its second quarter 2023 financial results before the market opens on Monday, July 31, 2023. Alliance manageme...
Alliance Resource Partners, L.P. Announces Partial Redemption of 7.500% Senior Notes Due 2025
TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) today announced that it will redeem $50.0 million in aggregate principal amount of its 7.500% Senior Notes due 2025 (the ...
Alliance Resource Partners, L.P. to Participate in the 20th Annual Energy Infrastructure Council CEO & Investor Conference
TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) today announced that Joseph W. Craft III, Chairman, President and Chief Executive Officer, and other members of managemen...
Stonegate Capital Partners Updates Coverage on Alliance Resource Partners, L.P. (ARLP) 2023 Q1
Dallas, Texas--(Newsfile Corp. - May 4, 2023) - Alliance Resource Partners, L.P. (NASDAQ: ARLP): Stonegate Capital Partners updates coverage on Alliance Resource Partners, L.P.
Alliance Resource Partners, L.P. Reports Strong First Quarter Performance; Completes $75.1 Million Oil & Gas Mineral Interest Acquisitions; Declares Quarterly Cash Distribution of $0.70 Per Unit; and Updates 2023 Guidance
TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) ("ARLP" or the "Partnership") today reported substantial increases to financial and operating results for the quarter end...
Alliance Resource Partners, L.P. Reschedules Start Time for First Quarter 2023 Earnings Conference Call on May 2, 2023
TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) will report its first quarter 2023 financial results before the market opens on Tuesday, May 2, 2023, as previously annou...
Alliance Resource Partners, L.P. Announces First Quarter 2023 Earnings Conference Call
TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) will report its first quarter 2023 financial results before the market opens on Tuesday, May 2, 2023. Alliance management...
3 High-Yield Energy MLPs: A Stable Way to Invest in Energy
The stock market has changed over the last year, and it no longer favors unprofitable fad stocks. These days, companies with yield, quality assets, and resilient business models are reaping the reward...
Stonegate Capital Partners Updates Coverage on Alliance Resource Partners, L.P. 2022 Q4
Dallas, Texas--(Newsfile Corp. - February 1, 2023) - Alliance Resource Partners, L.P. (NASDAQ: ARLP): Stonegate Capital Partners updates coverage on Alliance Resource Partners, L.P. The full report ca...
Alliance Resource Partner sees strong demand for coal in 2023 as energy dynamics shift in Europe
Alliance Resource Partners LP ARLP, +0.93% stock is up 12% in premarket trades on Monday after the coal producer said it set a record for fourth-quarter revenue and profit, and announced a $72.3 milli...
Alliance Resource Partners, L.P. Reports Record 2022 Results; Increases Quarterly Cash Distribution 40% to $0.70 Per Unit; Increases Unit Repurchase Program to $100.0 Million; Announces $72.3 Million Mineral Acquisition; and Provides 2023 Guidance
TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) ("ARLP" or the "Partnership") today reported substantial increases to financial and operating results for the quarter a...
Alliance Resource Partners, L.P. Increases Quarterly Distribution 40% to $0.70 Per Unit
TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) today announced that the Board of Directors of ARLP's general partner approved an increased cash distribution to its un...
Alliance Resource Partners, L.P. Announces Fourth Quarter 2022 Earnings Conference Call
TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) will report its fourth quarter 2022 financial results before the market opens on Monday, January 30, 2023. Alliance man...
Alliance Resource Partners, L.P. Announces CFO Transition
TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) (“Alliance” or the “Partnership”) announced today that the Board of Directors of its general partner, Alliance Resource...
Stonegate Capital Partners Updates Coverage on Alliance Resource Partners, L.P. (ARLP)
Dallas, Texas--(Newsfile Corp. - November 11, 2022) - Alliance Resource Partners, L.P. (NASDAQ: ARLP): Stonegate Capital Partners updates coverage on Alliance Resource Partners, L.P. The full report c...
Infinitum Electric Secures $30M in Additional Growth Capital to Expand and Fully Automate Production Facility in Mexico and Rebrands as Infinitum
AUSTIN, Texas--(BUSINESS WIRE)--Infinitum Electric secures $30M in growth capital to expand and fully automate its production facility in Mexico and rebrands as Infinitum.