Alliance Resource Partners, L.P. (ARLP)

NASDAQ: ARLP · IEX Real-Time Price · USD
18.93
-0.05 (-0.29%)
Feb 28, 2024, 3:26 PM EST - Market open
-0.29%
Market Cap 2.44B
Revenue (ttm) 2.57B
Net Income (ttm) 628.73M
Shares Out 128.06M
EPS (ttm) 4.81
PE Ratio 3.97
Forward PE 4.52
Dividend $2.80 (14.80%)
Ex-Dividend Date Feb 6, 2024
Volume 429,964
Open 19.11
Previous Close 18.98
Day's Range 18.83 - 19.12
52-Week Range 17.05 - 24.30
Beta 1.22
Analysts Strong Buy
Price Target 28.00 (+47.95%)
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]

Industry Thermal Coal
Sector Energy
IPO Date Aug 17, 1999
Employees 3,595
Stock Exchange NASDAQ
Ticker Symbol ARLP
Full Company Profile

Financial Performance

In 2023, ARLP's revenue was $2.57 billion, an increase of 6.06% compared to the previous year's $2.42 billion. Earnings were $628.73 million, an increase of 8.93%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for ARLP stock is "Strong Buy" and the 12-month stock price forecast is $28.0.

Price Target
$28.0
(47.95% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Alliance Resource Partners, L.P. Names Steven Schnitzer Senior Vice President, General Counsel and Secretary

TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) today announced that Steven Schnitzer will join ARLP as Senior Vice President, General Counsel and Secretary of Alliance ...

23 hours ago - Business Wire

Stonegate Capital Partners Updates Coverage on Alliance Resource Partners, L.P. (ARLP) 2023 Q4

Dallas, Texas--(Newsfile Corp. - January 30, 2024) - Alliance Resource Partners, L.P. (NASDAQ: ARLP): Stonegate Capital Partners updates coverage on Alliance Resource Partners, L.P.

4 weeks ago - Newsfile Corp

Alliance Resource Partners, L.P. Reports Record Full Year 2023 Revenue and Net Income; Declares Quarterly Cash Distribution of $0.70 Per Unit; and Provides 2024 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 and full year ended December...

4 weeks ago - Business Wire

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...

4 weeks ago - Business Wire

Infinitum and Alliance Resource Partners, L.P. Announce Agreement to Bring Highly Efficient, Reliable Motor Technology to the Mining Industry

AUSTIN, Texas--(BUSINESS WIRE)--Infinitum and Matrix Design Group announced an agreement to jointly develop high-efficiency motors designed specifically for the mining industry.

6 weeks ago - Business Wire

Alliance Resource Partners, L.P. Announces Fourth Quarter 2023 Earnings Conference Call

TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) will report its fourth quarter 2023 financial results before the market opens on Monday, January 29, 2024. Alliance manag...

6 weeks ago - Business Wire

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...

3 months ago - Business Wire

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.

4 months ago - Newsfile Corp

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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%.

5 months ago - Benzinga

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...

6 months ago - Business Wire

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.

7 months ago - Newsfile Corp

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...

7 months ago - Business Wire

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...

8 months ago - Business Wire

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 ...

9 months ago - Business Wire

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...

10 months ago - Business Wire

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.

10 months ago - Newsfile Corp

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...

10 months ago - Business Wire

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...

11 months ago - Business Wire

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...

11 months ago - Business Wire

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...

Other symbols: EPDET
1 year ago - MarketBeat

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...

1 year ago - Newsfile Corp

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...

1 year ago - Market Watch

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...

1 year ago - Business Wire