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.
Alliance Resource Partners, L.P. (NASDAQ: ARLP) will announce its first quarter 2023 financial results on May 2, 2023, before market opening. This information is crucial for analysts and investors monitoring the company's performance. The conference call will start at 11:00 a.m. Eastern, allowing stakeholders to gain insights directly from management. Participants can connect by dialing (877) 407-0784 for U.S. callers or (201) 689-8560 for international calls. An audio replay will be accessible for one week post-call. ARLP is the largest coal producer in the eastern United States, also generating income from mineral interests in coal and oil & gas sectors. The company aims to evolve as a reliable energy partner by exploring opportunities that advance energy and infrastructure.
Alliance Resource Partners, L.P. (NASDAQ: ARLP) is set to report its first quarter 2023 financial results prior to market open on Tuesday, May 2, 2023. The management will host a conference call at 10:00 a.m. Eastern to discuss the results. To participate, callers can dial (877) 407-0784, or internationally at (201) 689-8560. Additionally, investors can access the call via ARLP’s investor relations website. An audio replay of the call will be available for about a week after. ARLP is the largest coal producer in the eastern United States, providing reliable energy to utilities and industrial users while exploring future energy partnerships.
Alliance Resource Partners, L.P. (ARLP) reported a remarkable increase in financial results for the fourth quarter and full year of 2022. Fourth-quarter revenue reached $700.7 million, a 48.0% year-over-year rise, with net income soaring to $214.5 million, up 313.8%. For the full year, revenue hit a record $2.4 billion, up 53.3%, with net income growing 224.0% to $577.2 million. The company raised its quarterly cash distribution to $0.70 per unit and initiated a $100.0 million unit repurchase program. Additionally, ARLP successfully refinanced its credit facility, enhancing liquidity until March 2027, and expects 94% of 2023 coal sales volumes to be committed and priced above last year's levels.
Alliance Resource Partners, L.P. (NASDAQ: ARLP) announced an increased cash distribution of
Alliance Resource Partners, L.P. (NASDAQ: ARLP) is set to report its fourth quarter 2022 financial results on January 30, 2023, before market opening. The management will discuss the results during a conference call at 10:00 AM Eastern Time. Participants can join the call via phone or online, with a replay available for a week afterward. As the second largest coal producer in the eastern United States, ARLP also generates income from mineral interests in coal and oil & gas. The company is committed to investing in energy and infrastructure transitions to secure its future in the market.
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