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Alliance Resource Partners LP - ARLP STOCK NEWS

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.

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Alliance Resource Partners, L.P. (ARLP) is set to report its fourth quarter 2023 financial results on January 29, 2024. The company will hold a conference call to discuss the results, and investors can participate by dialing the provided numbers or listening through the company's website. An audio replay will also be available for a limited time.
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Alliance Resource Partners, L.P. (NASDAQ: ARLP) will attend the NobleCon19 - Noble Capital Markets 19th Annual Emerging Growth Equity Conference in Boca Raton, FL on Monday, December 4, 2023. This event presents an opportunity for the company to showcase its potential for growth and investment opportunities.
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Infinitum, creator of sustainable air-core motors, has announced $185 million in Series E funding. The funds will be used to expand the company and increase production to meet customer demand and drive decarbonization in the industrial sector. Infinitum's motors have the potential to save 127 terawatt-hours per year, translating into cost savings of $14.7 billion and reductions of 90.2 MMT of CO2 for the US industrial and commercial sectors.
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Alliance Resource Partners, L.P. (NASDAQ: ARLP) reported financial and operating results for the quarter ended September 30, 2023. Total revenues increased slightly to $636.5 million. Net income was $153.7 million. EBITDA was $227.6 million. Coal sales prices increased by 8.3% to $64.94 per ton sold. Record oil & gas royalty volumes of 772 MBOE sold, up 28.2% year-over-year. Completed two strategic new ventures investments, totaling approximately $50.0 million. Declared a quarterly cash distribution of $0.70 per unit, up 40.0% year-over-year. Reduced outstanding senior notes by $54.6 million. Reduced net leverage ratio to 0.17 times.
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Alliance Resource Partners, L.P. will report Q3 2023 financial results on October 27, 2023.
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Alliance Resource Partners invests $25 million in Ascend Elements for battery material manufacturing facility
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Alliance Resource Partners, L.P. (NASDAQ: ARLP): Stonegate Capital Partners updates coverage on Alliance Resource Partners, L.P. The report highlights a 5.4% year-over-year growth in coal sales, with 96.5% of 2023 tons already contracted. Additionally, a pricing rebound is anticipated in the second half of 2023.
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Alliance Resource Partners, L.P. (NASDAQ: ARLP) has approved a cash distribution of $0.70 per unit for the quarter ended June 30, 2023, representing a 75% increase over the previous quarter. The distribution will be payable on August 14, 2023.
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FAQ

What is the current stock price of Alliance Resource Partners LP (ARLP)?

The current stock price of Alliance Resource Partners LP (ARLP) is $25.68 as of December 20, 2024.

What is the market cap of Alliance Resource Partners LP (ARLP)?

The market cap of Alliance Resource Partners LP (ARLP) is approximately 3.3B.

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.

Alliance Resource Partners LP

Nasdaq:ARLP

ARLP Rankings

ARLP Stock Data

3.34B
89.52M
29.78%
18.95%
2.4%
Thermal Coal
Bituminous Coal & Lignite Surface Mining
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United States of America
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