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arlp.com

Founded Year

1971

Stage

Acquired | Acquired

Valuation

$0000 

Revenue

$0000 

About Alliance Resource Partners

Alliance Resource Partners (ARLP) is a diversified producer and marketer of coal to major United States utilities and industrial users. ARLP, the nation's first publicly traded master limited partnership involved in the production and marketing of coal, is currently the third largest coal producer in the eastern United States with mining operations in the Illinois Basin and Appalachian coal producing regions.

Alliance Resource Partners Headquarter Location

1717 South Boulder Avenue Suite 400

Tulsa, Oklahoma, 74119,

United States

918-295-7600

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Latest Alliance Resource Partners News

Alliance Resource Partners GAAP EPS of $1.23 beats by $0.29, revenue of $616.5M beats by $53.36M

Aug 1, 2022

Alliance Resource Partners press release (NASDAQ: ARLP ): Q2 GAAP EPS of $1.23 beats by $0.29. Revenue of $616.5M (+70.1% Y/Y) beats by $53.36M. "Global energy markets have continued to strengthen since our last earnings release in May," said Mr. Craft. "The economic forces driving the sharp rise in worldwide commodity prices remain generally intact ─ resilient energy demand, systemic supply shortages and fall out related to Russia’s invasion of Ukraine ─ and continue to support energy markets. Against this backdrop and as global power generators scramble to bolster low stockpiles in the near term and secure longer term reliable supply, ARLP was able to execute new coal sales commitments for delivery of 24.9 million tons through 2025 at prices above our recent expectations. As mentioned earlier, our coal operations have delivered significant year-over-year per ton margin expansion, and we believe ARLP is positioned to see further margin growth in 2023 and 2024. Our royalty businesses have also benefited from strong commodity markets. We expect our coal royalties segment to continue to benefit from these favorable market conditions and for our oil & gas royalties segment, forward pricing for oil & gas along with increased volumes due to rising drilling and completion activity by operators point to future growth as well. In the 2022 guidance table below, we have increased capital expenditures to add a fifth production unit at our Gibson South mine and another development unit at our Hamilton mine later this year or early next year. As a result, we expect total tons produced and sold in 2023 to be approximately one million tons higher than this year." Recommended For You

  • When was Alliance Resource Partners founded?

    Alliance Resource Partners was founded in 1971.

  • Where is Alliance Resource Partners's headquarters?

    Alliance Resource Partners's headquarters is located at 1717 South Boulder Avenue, Tulsa.

  • What is Alliance Resource Partners's latest funding round?

    Alliance Resource Partners's latest funding round is Acquired.

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