Welcome to our dedicated page for Alliance Resource Partners LP news (Ticker: ARLP), a resource for investors and traders seeking the latest updates and insights on Alliance Resource Partners LP stock.
Alliance Resource Partners, L.P. (NASDAQ: ARLP) is a prominent coal mining company domiciled in the United States. The company operates through four distinct segments: Illinois Basin, Appalachia, Oil & Gas Royalties, and Coal Royalties. The Illinois Basin segment includes underground mining complexes located in Illinois, Indiana, Kentucky, Maryland, and West Virginia. The Appalachia segment features the Mettiki, Tunnel Ridge, and MC Mining complexes.
The Oil & Gas Royalties segment encompasses oil and gas mineral interests managed by AR Midland and AllDale I & II, as well as Alliance Minerals' stakes in AllDale III and Cavalier Minerals. The Coal Royalties segment includes coal mineral reserves and resources either owned or leased by Alliance Resource Properties.
Recently, Alliance Resource Partners has caught the attention of Stonegate Capital Partners, a leading capital markets advisory firm. Stonegate's latest coverage on ARLP highlights various key developments, including an increase in volumes by 2.4% year-over-year and anticipated debt payments of $284.6 million in the fiscal year 2024. Additionally, the company is exploring alternative revenue streams that show promising potential for future growth.
As a formidable player in the energy sector, Alliance Resource Partners continues to cement its position through strategic initiatives and robust financial management. The company's diverse portfolio and significant mineral interests underscore its importance in the energy and mining industries.
FAQ
What is the current stock price of Alliance Resource Partners LP (ARLP)?
The current stock price of Alliance Resource Partners LP (ARLP) is $28.88 as of January 23, 2025.
What is the market cap of Alliance Resource Partners LP (ARLP)?
The market cap of Alliance Resource Partners LP (ARLP) is approximately 3.7B.
What are the primary business segments of Alliance Resource Partners LP?
The primary business segments of Alliance Resource Partners LP are Illinois Basin, Appalachia, Oil & Gas Royalties, and Coal Royalties.
Where are the mining complexes of the Illinois Basin segment located?
The mining complexes of the Illinois Basin segment are located in Illinois, Indiana, Kentucky, Maryland, and West Virginia.
What does the Oil & Gas Royalties segment include?
The Oil & Gas Royalties segment includes oil and gas mineral interests managed by AR Midland and AllDale I & II, as well as stakes in AllDale III and Cavalier Minerals.
Which mining complexes are part of the Appalachia segment?
The Appalachia segment includes the Mettiki, Tunnel Ridge, and MC Mining complexes.
How has Alliance Resource Partners' performance been recently?
Alliance Resource Partners' volumes increased by 2.4% year-over-year, and they have planned debt payments of $284.6 million for the fiscal year 2024.
What recent strategic initiatives have been highlighted by Stonegate Capital Partners?
Stonegate Capital Partners highlighted the increase in volumes, anticipated debt payments, and the exploration of alternative revenue streams.
What is the significance of the Coal Royalties segment for Alliance Resource Partners?
The Coal Royalties segment is significant because it includes coal mineral reserves and resources either owned or leased by Alliance Resource Properties.
What recent updates have there been from Stonegate Capital Partners regarding ARLP?
Recent updates from Stonegate Capital Partners include coverage of ARLP's increased volumes and strategic financial plans for the fiscal year 2024.
What does the exploration of alternative revenue streams indicate for ARLP?
The exploration of alternative revenue streams indicates that ARLP is seeking to diversify its income sources and enhance financial stability.
Who can be contacted for more information regarding Alliance Resource Partners LP?
For more information regarding ARLP, you can contact Stonegate Capital Partners at (214) 987-4121 or via email at info@stonegateinc.com.