Alliance Resource Partners（ARLP）株式概要アライアンス・リソース・パートナーズ（Alliance Resource Partners, L.P.）は多角的な天然資源会社で、米国内の公益企業や産業用ユーザー向けに石炭の生産と販売を行っている。 詳細ARLP ファンダメンタル分析スノーフレーク・スコア評価6/6将来の成長1/6過去の実績2/6財務の健全性5/6配当金2/6報酬当社が推定した公正価値より74.6%で取引されている 収益は年間12.88%増加すると予測されています 同業他社や業界と比較して、良好な取引価格 アナリストらは、株価が30.2%上昇するだろうとほぼ一致している。 リスク分析10.08%の配当は、利益やフリーキャッシュフローによって十分にカバーされていない すべてのリスクチェックを見るARLP Community Fair Values Create NarrativeSee what 16 others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN21.9% undervaluedAnalystConsensusTarget•1y agoUS Energy Tailwinds And Robust Demand Will Sustain Coal Resilience470023Top Analyst NarrativesAlliance Resource PartnersANAnalystConsensusTargetBased on Analyst Price TargetsUS Energy Tailwinds And Robust Demand Will Sustain Coal ResilienceKey Takeaways Favorable regulatory shifts and persistent reliance on baseload power are supporting stable coal demand and revenue resilience for Alliance Resource Partners. Expanding oil & gas royalties and operational improvements are boosting margins, diversifying earnings, and insulating cash flow from coal market volatility.View narrativeUS$30.5FV21.9% 割安 内在価値ディスカウント1.15%Revenue growth p.a.Set Fair ValueView470users have viewed this narrative3users have liked this narrative0users have commented on this narrative23users have followed this narrativeabout 1 year ago author updated this narrativeView all narrativesAlliance Resource Partners, L.P. 競合他社Centrus EnergySymbol: NYSE:LEUMarket cap: US$3.2bNatural Resource PartnersSymbol: NYSE:NRPMarket cap: US$1.3bNACCO IndustriesSymbol: NYSE:NCMarket cap: US$365.0mXCF GlobalSymbol: NasdaqCM:SAFXMarket cap: US$140.0m価格と性能株価の高値、安値、推移の概要Alliance Resource Partners過去の株価現在の株価US$23.8152週高値US$29.4552週安値US$22.20ベータ0.201ヶ月の変化-7.06%3ヶ月変化-14.14%1年変化-10.89%3年間の変化25.05%5年間の変化212.88%IPOからの変化406.26%最新ニュースライブニュース • Jul 04Alliance Resource Partners Acquires $206 Million in Oil and Gas Mineral InterestsAlliance Resource Partners completed a roughly $206.2 million acquisition of general and limited partner interests in AllDale Minerals III and IV, lifting its control to about 115,680 net royalty acres, including more than 44,770 net royalty acres in the Permian Basin. The deal expands Alliance Resource Partners’ oil and gas royalties segment while adding financial leverage, as it was funded with cash on hand, borrowings under the revolving credit facility, and a new $150 million term loan at subsidiary Alliance Minerals, LLC. The stock last traded at $23.81, with the share price down about 8.4% over the past 30 days. The key read-through is that Alliance Resource Partners is increasing its exposure to oil and gas royalties while also taking on additional debt, which raises questions about how the new assets will contribute to cash flow relative to the higher interest and balance sheet commitments.Seeking Alpha • Jun 27Alliance Resource Partners: Profiting From The Slow Death Of CoalSummary The "death of coal" narrative may be years ahead of reality; demand is plateauing, not collapsing. Data centers, grid reliability concerns, and energy security are extending coal's relevance. 95% of ARLP's sales volumes for 2026 are already committed, and the partnership is growing its oil & gas royalty business to provide diversification beyond coal. Investors can collect years of attractive income from an industry the market has already written off. Read the full article on Seeking Alphaライブニュース • Jun 18Alliance Resource Partners Stock Eyes Growth With AllDale Minerals Royalty AcquisitionAlliance Resource Partners agreed to acquire general partner and limited partner interests in AllDale Minerals III and IV. The deal increases ARLP’s economic interest in AllDale entities and its control over net royalty acres. The acquisition expands Alliance Resource Partners’ exposure to the northern Delaware, Anadarko, Bakken and Haynesville basins, including entry into the Haynesville gas play. This move shifts Alliance Resource Partners further into oil and gas royalty interests, which typically carry different risk and cash flow characteristics than its core coal operations. Investors may want to watch how ARLP manages capital allocation between coal and these royalty assets, and what this means for future commodity exposure and project priorities.分析記事 • Jun 17Alliance Resource Partners (ARLP) Stock Could Be Trading Below Fair Value After Recent PullbackAlliance Resource Partners (ARLP) has drawn investor attention after recent trading left the stock down about 3% over the past month and about 11% over the past 3 months, despite positive annual revenue and net income growth. See our latest analysis for Alliance Resource Partners. At a latest share price of $24.29, Alliance Resource Partners has seen share price momentum fade in recent months, even though the year to date share price return is positive and multi year total shareholder returns...ライブニュース • Jun 09Alliance Resource Partners to Acquire Majority Stake in AllDale Minerals for US$206 MillionAlliance Resource Partners agreed to acquire additional general partner and limited partner interests in AllDale Minerals III and IV for about US$206.2 million. After closing, ARLP’s economic interest in AllDale III and IV is expected to move from roughly 5% to 61%. ARLP will own 100% of the general partner interests in AllDale III and IV and gain exposure to the Permian and Haynesville basins through this deal. The key takeaway is that ARLP is expanding its oil and gas royalties platform and concentrating more ownership in assets tied to established U.S. resource plays, which changes the mix of its business beyond coal. Investors may want to pay close attention to how this acquisition is financed, the cash flow profile of the royalty interests, and commodity price exposure linked to the Permian and Haynesville assets.Declared Dividend • Apr 29First quarter dividend of US$0.60 announcedShareholders will receive a dividend of US$0.60. Ex-date: 8th May 2026 Payment date: 15th May 2026 Dividend yield will be 9.0%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) nor is it adequately covered by cash flows (94% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 5.6% to bring the payout ratio under control. EPS is expected to grow by 44% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.最新情報をもっと見るRecent updatesライブニュース • Jul 04Alliance Resource Partners Acquires $206 Million in Oil and Gas Mineral InterestsAlliance Resource Partners completed a roughly $206.2 million acquisition of general and limited partner interests in AllDale Minerals III and IV, lifting its control to about 115,680 net royalty acres, including more than 44,770 net royalty acres in the Permian Basin. The deal expands Alliance Resource Partners’ oil and gas royalties segment while adding financial leverage, as it was funded with cash on hand, borrowings under the revolving credit facility, and a new $150 million term loan at subsidiary Alliance Minerals, LLC. The stock last traded at $23.81, with the share price down about 8.4% over the past 30 days. The key read-through is that Alliance Resource Partners is increasing its exposure to oil and gas royalties while also taking on additional debt, which raises questions about how the new assets will contribute to cash flow relative to the higher interest and balance sheet commitments.Seeking Alpha • Jun 27Alliance Resource Partners: Profiting From The Slow Death Of CoalSummary The "death of coal" narrative may be years ahead of reality; demand is plateauing, not collapsing. Data centers, grid reliability concerns, and energy security are extending coal's relevance. 95% of ARLP's sales volumes for 2026 are already committed, and the partnership is growing its oil & gas royalty business to provide diversification beyond coal. Investors can collect years of attractive income from an industry the market has already written off. Read the full article on Seeking Alphaライブニュース • Jun 18Alliance Resource Partners Stock Eyes Growth With AllDale Minerals Royalty AcquisitionAlliance Resource Partners agreed to acquire general partner and limited partner interests in AllDale Minerals III and IV. The deal increases ARLP’s economic interest in AllDale entities and its control over net royalty acres. The acquisition expands Alliance Resource Partners’ exposure to the northern Delaware, Anadarko, Bakken and Haynesville basins, including entry into the Haynesville gas play. This move shifts Alliance Resource Partners further into oil and gas royalty interests, which typically carry different risk and cash flow characteristics than its core coal operations. Investors may want to watch how ARLP manages capital allocation between coal and these royalty assets, and what this means for future commodity exposure and project priorities.分析記事 • Jun 17Alliance Resource Partners (ARLP) Stock Could Be Trading Below Fair Value After Recent PullbackAlliance Resource Partners (ARLP) has drawn investor attention after recent trading left the stock down about 3% over the past month and about 11% over the past 3 months, despite positive annual revenue and net income growth. See our latest analysis for Alliance Resource Partners. At a latest share price of $24.29, Alliance Resource Partners has seen share price momentum fade in recent months, even though the year to date share price return is positive and multi year total shareholder returns...ライブニュース • Jun 09Alliance Resource Partners to Acquire Majority Stake in AllDale Minerals for US$206 MillionAlliance Resource Partners agreed to acquire additional general partner and limited partner interests in AllDale Minerals III and IV for about US$206.2 million. After closing, ARLP’s economic interest in AllDale III and IV is expected to move from roughly 5% to 61%. ARLP will own 100% of the general partner interests in AllDale III and IV and gain exposure to the Permian and Haynesville basins through this deal. The key takeaway is that ARLP is expanding its oil and gas royalties platform and concentrating more ownership in assets tied to established U.S. resource plays, which changes the mix of its business beyond coal. Investors may want to pay close attention to how this acquisition is financed, the cash flow profile of the royalty interests, and commodity price exposure linked to the Permian and Haynesville assets.Declared Dividend • Apr 29First quarter dividend of US$0.60 announcedShareholders will receive a dividend of US$0.60. Ex-date: 8th May 2026 Payment date: 15th May 2026 Dividend yield will be 9.0%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) nor is it adequately covered by cash flows (94% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 5.6% to bring the payout ratio under control. EPS is expected to grow by 44% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.New Risk • Apr 28New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 95% Cash payout ratio: 94% Dividend yield: 9.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.お知らせ • Apr 13Alliance Resource Partners, L.P. to Report Q1, 2026 Results on Apr 27, 2026Alliance Resource Partners, L.P. announced that they will report Q1, 2026 results Pre-Market on Apr 27, 2026Reported Earnings • Mar 03Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: US$2.42 (down from US$2.77 in FY 2024). Revenue: US$2.19b (down 10% from FY 2024). Net income: US$311.2m (down 12% from FY 2024). Profit margin: 14% (in line with FY 2024). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) exceeded analyst estimates by 1.3%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.お知らせ • Feb 03Alliance Resource Partners, L.P. Provides Earnings Guidance for the Year 2026Alliance Resource Partners, L.P. provided earnings Guidance for the year 2026. for the year, the company expected Total Sales from coal operations in the range of 33.75 Tons to 35.25 Tons.Reported Earnings • Feb 03Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: US$2.42 (down from US$2.77 in FY 2024). Revenue: US$2.19b (down 10% from FY 2024). Net income: US$311.2m (down 12% from FY 2024). Profit margin: 14% (in line with FY 2024). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) exceeded analyst estimates by 1.3%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 6.4% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Declared Dividend • Jan 30Third quarter dividend of US$0.60 announcedShareholders will receive a dividend of US$0.60. Ex-date: 6th February 2026 Payment date: 13th February 2026 Dividend yield will be 10%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (137% earnings payout ratio). However, it is covered by cash flows (88% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 53% to bring the payout ratio under control. EPS is expected to grow by 35% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.お知らせ • Jan 28Alliance Resource Partners, L.P. Approves Quarterly Cash Distribution for the Quarter Ended December 31, 2025, Payable on February 13, 2026Alliance Resource Partners, L.P. announced that the Board of Directors of ARLP’s general partner approved a cash distribution to its unitholders for the quarter ended December 31, 2025 (the "2025 Quarter"). ARLP unitholders of record as of the close of trading on February 6, 2026 will receive a cash distribution for the 2025 quarter of $0.60 per unit (an annualized rate of $2.40 per unit), payable on February 13, 2026.お知らせ • Jan 20Alliance Resource Partners, L.P. to Report Q4, 2025 Results on Feb 02, 2026Alliance Resource Partners, L.P. announced that they will report Q4, 2025 results Pre-Market on Feb 02, 2026Declared Dividend • Oct 31Third quarter dividend of US$0.60 announcedShareholders will receive a dividend of US$0.60. Ex-date: 7th November 2025 Payment date: 14th November 2025 Dividend yield will be 11%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (134% earnings payout ratio). However, it is covered by cash flows (88% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 49% to bring the payout ratio under control. EPS is expected to grow by 39% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • Oct 28Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: US$0.74 (up from US$0.66 in 3Q 2024). Revenue: US$571.4m (down 6.9% from 3Q 2024). Net income: US$95.1m (up 12% from 3Q 2024). Profit margin: 17% (up from 14% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.0%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Oct 27Alliance Resource Partners, L.P. Updates Sales Guidance for the Full Year Ending December 31, 2025Alliance Resource Partners, L.P. updated sales guidance for the full year ending December 31, 2025. For the year, the company expects total sales tons in the range of 32.50 million short tons to 33.25 million short tons.お知らせ • Oct 13Alliance Resource Partners, L.P. to Report Q3, 2025 Results on Oct 27, 2025Alliance Resource Partners, L.P. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Oct 27, 2025Declared Dividend • Jul 31Second quarter dividend reduced to US$0.60Dividend of US$0.60 is 14% lower than last year. Ex-date: 7th August 2025 Payment date: 14th August 2025 Dividend yield will be 10%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (151% earnings payout ratio) nor is it covered by cash flows (104% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 67% to bring the payout ratio under control. EPS is expected to grow by 40% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • Jul 29Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: US$0.46 (down from US$0.77 in 2Q 2024). Revenue: US$547.5m (down 7.7% from 2Q 2024). Net income: US$59.4m (down 40% from 2Q 2024). Profit margin: 11% (down from 17% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • Jul 29+ 1 more updateAlliance Resource Partners, L.P. Updates Sales Guidance for the Full Year Ending December 31, 2025Alliance Resource Partners, L.P. updated sales guidance for the full year ending December 31, 2025. For the year, the company expected total sales tons of 32.75 million short tons to 34.00 million short tons. The midpoint of total 2025 coal sales guidance remains essentially unchanged.お知らせ • Jul 14Alliance Resource Partners, L.P. to Report Q2, 2025 Results on Jul 28, 2025Alliance Resource Partners, L.P. announced that they will report Q2, 2025 results Pre-Market on Jul 28, 2025Declared Dividend • Apr 30First quarter dividend of US$0.70 announcedDividend of US$0.70 is the same as last year. Ex-date: 8th May 2025 Payment date: 15th May 2025 Dividend yield will be 11%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (132% earnings payout ratio) nor is it covered by cash flows (111% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 47% to bring the payout ratio under control. EPS is expected to grow by 47% over the next 3 years, which should be enough to bring the dividend into a sustainable range.Reported Earnings • Apr 28First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: US$0.58 (down from US$1.21 in 1Q 2024). Revenue: US$540.5m (down 17% from 1Q 2024). Net income: US$74.0m (down 52% from 1Q 2024). Profit margin: 14% (down from 24% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 8.9%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 28+ 1 more updateAlliance Resource Partners, L.P. Updates Earnings Guidance for the Year 2025Alliance Resource Partners, L.P. updated earnings Guidance for the year 2025. for the year, the company expected Total Sales from coal operations in the range of 32.75 Tones to 34.75 Tones.お知らせ • Apr 14Alliance Resource Partners, L.P. to Report Q1, 2025 Results on Apr 28, 2025Alliance Resource Partners, L.P. announced that they will report Q1, 2025 results Pre-Market on Apr 28, 2025Seeking Alpha • Apr 09Alliance Resource Partners: A High-Yield Contrarian Bet On Energy SecuritySummary Alliance Resource Partners offers a compelling mix of coal mining, oil and gas royalties, and Bitcoin mining, providing a diversified cash flow and a forward yield of over 11%. Despite strong financials and a conservative balance sheet, ARLP trades at a high yield due to market skepticism about coal's long-term viability and ESG concerns. ARLP's increasingly diversified revenue streams and strategic positioning make it resilient to geopolitical tensions and tariffs, potentially thriving in an isolationist environment. While ARLP's distribution appears stable and the balance sheet strong, investors should be prepared for volatility due to commodity price fluctuations. Read the full article on Seeking AlphaRecent Insider Transactions • Mar 19Insider recently sold US$1.3m worth of stockOn the 14th of March, Timothy Whelan sold around 50k shares on-market at roughly US$25.13 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$2.6m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Mar 06Insider notifies of intention to sell stockTimothy Whelan intends to sell 50k shares in the next 90 days after lodging an Intent To Sell Form on the 4th of March. If the sale is conducted around the recent share price of US$24.57, it would amount to US$1.2m. Since June 2024, Timothy's direct individual holding has decreased from 167.95k shares to 143.85k. Company insiders have collectively sold US$4.2m more than they bought, via options and on-market transactions in the last 12 months.Seeking Alpha • Feb 26Alliance Resource Partners: Well-Positioned To Benefit From Rising U.S. Electricity DemandSummary Alliance Resource Partners owns seven underground coal complexes in the Illinois and Appalachian basins of the eastern United States with a production volume of ~33 million tons per annum. Approximately 50% of the company's production is shipped to clients by barge using the Ohio River. Moreover, ~80% of ARLP's production is sold to domestic electric utilities. After cumulative investments of $745 million since 2014, Alliance derives ~25% of its adjusted EBITDA from oil, gas and coal royalties. With a portfolio heavily weighted towards U.S. thermal coal, the company is uniquely positioned to benefit from rising electricity demand in the United States. My 'Hold' rating reflects my discomfort buying a thermal coal producer trading close to multi-year highs. Read the full article on Seeking AlphaRecent Insider Transactions Derivative • Feb 13Insider exercised options and sold US$944k worth of stockOn the 10th of February, Kirk Tholen exercised options to acquire 35k shares at no cost and sold these for an average price of US$27.28 per share. This trade did not impact their existing holding. Since March 2024, Kirk has owned 110.40k shares directly. Company insiders have collectively sold US$4.2m more than they bought, via options and on-market transactions in the last 12 months.Seeking Alpha • Feb 10Alliance Resource Partners: Buying Coal With Diversification, DividendSummary Alliance Resource Partners demonstrates consistent financial performance in boring energy businesses with reliable dividends. The continued focus on its coal operations and diversifying into the oil and gas sectors underpin its long-term growth potential. The company made capital improvements in 2024 that should reduce operating expenses in 2025 to offset commodity price decreases. The company uses excess energy to mine bitcoin and hold it on its balance sheet. Read the full article on Seeking AlphaMajor Estimate Revision • Feb 10Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$2.50b to US$2.35b. EPS estimate also fell from US$3.36 per share to US$2.82 per share. Net income forecast to grow 2.3% next year vs 2.2% growth forecast for Oil and Gas industry in the US. Consensus price target broadly unchanged at US$30.50. Share price fell 3.6% to US$26.62 over the past week.Price Target Changed • Feb 04Price target increased by 13% to US$31.00Up from US$27.50, the current price target is an average from 2 analysts. New target price is 11% above last closing price of US$27.98. Stock is up 41% over the past year. The company is forecast to post earnings per share of US$2.85 for next year compared to US$2.82 last year.Reported Earnings • Feb 03Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: US$2.82 (down from US$4.81 in FY 2023). Revenue: US$2.45b (down 4.6% from FY 2023). Net income: US$360.9m (down 41% from FY 2023). Profit margin: 15% (down from 24% in FY 2023). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 03Alliance Resource Partners, L.P. Provides Sales Guidance for the Full Year Ending December 31, 2025Alliance Resource Partners, L.P. provided sales guidance for the full year ending December 31, 2025. for the year, the company expected Total Sales from coal operations in the range of 32.25 Tones to 34.25 Tones.Declared Dividend • Jan 31Third quarter dividend of US$0.70 announcedDividend of US$0.70 is the same as last year. Ex-date: 7th February 2025 Payment date: 14th February 2025 Dividend yield will be 9.8%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not covered by cash flows (124% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 6.3% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jan 29Alliance Resource Partners, L.P. Declares Quarterly Distribution, Payable on February 14, 2025Alliance Resource Partners, L.P. announced that the Board of Directors of ARLP’s general partner approved a cash distribution to its unitholders for the quarter ended December 31, 2024 (the "2024 Quarter"). ARLP unitholders of record as of the close of trading on February 7, 2025 will receive a cash distribution for the 2024 Quarter of $0.70 per unit (an annualized rate of $2.80 per unit), payable on February 14, 2025. The announced distribution is consistent with the cash distributions of $0.70 per unit for the quarters ended December 31, 2023 and September 30, 2024.Buy Or Sell Opportunity • Jan 28Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 8.5% to US$27.80. The fair value is estimated to be US$22.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 2.1% per annum. Earnings are also forecast to grow by 2.4% per annum over the same time period.お知らせ • Jan 20Alliance Resource Partners, L.P. to Report Q4, 2024 Results on Feb 03, 2025Alliance Resource Partners, L.P. announced that they will report Q4, 2024 results Pre-Market on Feb 03, 2025Seeking Alpha • Jan 16Critically Evaluating The Bull Thesis For Alliance Resource PartnersSummary The coal industry and coal stocks are one of the most hated and neglected areas of the market. Such conditions have historically been an ample source of investment opportunity. Alliance Resource Partners is one of the more attractive investment ideas within this space. Closer examination offers potential insight investors need before diving in headfirst. Read the full article on Seeking AlphaBuy Or Sell Opportunity • Jan 13Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to US$27.48. The fair value is estimated to be US$22.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 2.1% per annum. Earnings are also forecast to grow by 2.4% per annum over the same time period.Recent Insider Transactions • Dec 15Insider recently sold US$1.1m worth of stockOn the 13th of December, Timothy Whelan sold around 40k shares on-market at roughly US$26.58 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.3m more than they bought in the last 12 months.Recent Insider Transactions • Dec 05Insider recently sold US$280k worth of stockOn the 2nd of December, Timothy Whelan sold around 10k shares on-market at roughly US$28.00 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$972k more than they bought in the last 12 months.Recent Insider Transactions Derivative • Dec 01Insider notifies of intention to sell stockTimothy Whelan intends to sell 100k shares in the next 90 days after lodging an Intent To Sell Form on the 29th of November. If the sale is conducted around the recent share price of US$28.29, it would amount to US$2.8m. Since March 2024, Timothy has owned 167.95k shares directly. Company insiders have collectively sold US$8.6m more than they bought, via options and on-market transactions in the last 12 months.Declared Dividend • Oct 30Third quarter dividend of US$0.70 announcedDividend of US$0.70 is the same as last year. Ex-date: 7th November 2024 Payment date: 14th November 2024 Dividend yield will be 11%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (81% earnings payout ratio) but not covered by cash flows (124% cash payout ratio). The dividend has increased by an average of 1.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 15% over the next 2 years. Since a fall of 10% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.Reported Earnings • Oct 28Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: US$0.67 (down from US$1.18 in 3Q 2023). Revenue: US$613.6m (down 3.6% from 3Q 2023). Net income: US$86.3m (down 42% from 3Q 2023). Profit margin: 14% (down from 24% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 2.6%. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 30% per year.お知らせ • Oct 28Alliance Resource Partners, L.P. Declares Cash Distribution for the Quarter Ended September 30, 2024, Payable on November 14, 2024Alliance Resource Partners, L.P. approved a cash distribution to unitholders for the 2024 Quarter of $0.70 per unit (an annualized rate of $2.80 per unit), payable on November 14, 2024, to all unitholders of record as of the close of trading on November 7, 2024. The announced distribution is consistent with the cash distributions for the 2023 Quarter and Sequential Quarter.Buy Or Sell Opportunity • Oct 24Now 21% overvaluedOver the last 90 days, the stock has fallen 1.1% to US$25.50. The fair value is estimated to be US$21.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 44%. Revenue is forecast to decline by 3.2% in 2 years. Earnings are forecast to decline by 17% in the next 2 years.お知らせ • Oct 14Alliance Resource Partners, L.P. to Report Q3, 2024 Results on Oct 28, 2024Alliance Resource Partners, L.P. announced that they will report Q3, 2024 results Pre-Market on Oct 28, 2024Buy Or Sell Opportunity • Oct 04Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at US$25.32. The fair value is estimated to be US$21.04, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 44%. Revenue is forecast to decline by 3.1% in 2 years. Earnings are forecast to decline by 17% in the next 2 years.新しいナラティブ • Sep 05High Hopes In Diversification Amid Analysts' Concerns Over Coal's Future And Shrinking Margins Alliance Resource Partners' strategic financial moves and diversification signal strong investor confidence and potential for growth in earnings and stability. Buy Or Sell Opportunity • Aug 01Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.7% to US$24.80. The fair value is estimated to be US$20.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 44%. Revenue is forecast to decline by 3.1% in 2 years. Earnings are forecast to decline by 16% in the next 2 years.Reported Earnings • Jul 30Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: US$0.78 (down from US$1.30 in 2Q 2023). Revenue: US$593.4m (down 7.6% from 2Q 2023). Net income: US$100.2m (down 39% from 2Q 2023). Profit margin: 17% (down from 26% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is expected to decline by 2.4% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 47% per year.Seeking Alpha • Jul 29Alliance Resource Partners: The Yield Is Still High And The Case Looks SolidSummary In March this year, I issued a bullish article on ARLP. Since then, the stock has massively outperformed the S&P 500. In this article I dissect the key data points that have emerged over this period and provide my updated view on the overall investment thesis here. Read the full article on Seeking Alphaお知らせ • Jul 29+ 1 more updateAlliance Resource Partners, L.P. Updates Production Guidance for the Full Year Ending December 31, 2024Alliance Resource Partners, L.P. updated production guidance for the full year ending December 31, 2024. For the period, the company expects Total Coal Operations Sales Volumes to be in the range of 33.50 million Short Tons to 34.50 Million Short Tons, Oil production of 1,500,000 barrels to 1,600,000 barrels, natural gas of 5,800,000 mcf to 6,200,000 mcf, and liquids of 750,000 barrels to 800,000 barrels.お知らせ • Jul 16Alliance Resource Partners, L.P. to Report Q2, 2024 Results on Jul 29, 2024Alliance Resource Partners, L.P. announced that they will report Q2, 2024 results at 9:30 AM, US Eastern Standard Time on Jul 29, 2024Seeking Alpha • Jun 09Alliance Resource Partners: Good Value, Healthy Dividends, And Upside PotentialSummary Alliance Resource Partners is a diversified natural resource company that generates over a 14% free cash flow yield, pays a healthy dividend, and trades at a P/E of roughly 6x. Environmental, Social, and Governance restraints may be the reason that the opportunity exists, since ARLP's primary product is thermal coal. Guidance for 2024 is similar to last year, when the company paid out $2.80/share in dividends. In addition to thermal coal, the partnership has expanded its supplementary business segments to include a small Bitcoin mining operation, as of Q1 2024. Read the full article on Seeking AlphaSeeking Alpha • May 31Alliance Resource: Poised For Significant Shareholder ReturnsSummary The domestic thermal coal market has significantly more runway than the market is pricing in. Alliance (and its peers) have proven to deliver significant free cash flow even in the face of near all time low natural gas prices. Following a capex-heavy 2024, management will have the opportunity to unlock significant returns through share buybacks in the medium term. The market has not given management credit for the buildout of its oil and gas royalty business worth a third of the company's equity value today. In the long run, Alliance is in the unique position to use years of 'melting ice cube' cash flows to opportunistically expand its capital-light O&G royalty business. Read the full article on Seeking AlphaReported Earnings • Apr 30First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: US$1.24 (down from US$1.46 in 1Q 2023). Revenue: US$651.7m (down 1.7% from 1Q 2023). Net income: US$158.1m (down 15% from 1Q 2023). Profit margin: 24% (down from 28% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) also surpassed analyst estimates by 20%. Revenue is expected to decline by 3.0% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 2.1%. Over the last 3 years on average, earnings per share has increased by 58% per year and the company’s share price has also increased by 58% per year.お知らせ • Apr 30Alliance Resource Partners, L.P. Reiterates Production Guidance for the Full Year 2024Alliance Resource Partners, L.P. reiterates production guidance for the full year 2024. For the period, the company expects Total Coal Operations Sales Volumes to be in the range of 34.0 million Short Tons to 35.8 Million Short Tons, Oil production of 1,400,000 barrels to 1,500,000 barrels, natural gas of 5,600,000 mcf to 6,000,000 mcf, and liquids of 675,000 barrels to 725,000 barrels.お知らせ • Apr 28Alliance Resource Partners, L.P. Declares Distribution for the Quarter Ended March 31, 2024, Payable on May 15, 2024Alliance Resource Partners, L.P. announced that the Board of Directors of ARLP’s general partner approved a cash distribution to its unitholders for the quarter ended March 31, 2024 (the "2024 Quarter"). ARLP unitholders of record as of the close of trading on May 8, 2024 will receive a cash distribution for the 2024 Quarter of $0.70 per unit (an annualized rate of $2.80 per unit), payable on May 15, 2024. The announced distribution is consistent with the cash distributions of $0.70 per unit for the quarters ended March 31, 2023 and December 31, 2023.お知らせ • Apr 16Alliance Resource Partners, L.P. to Report Q1, 2024 Results on Apr 29, 2024Alliance Resource Partners, L.P. announced that they will report Q1, 2024 results Pre-Market on Apr 29, 2024Seeking Alpha • Mar 25Alliance Resource Partners: A Transitioning Story That Might Yield Great ResultsSummary Alliance Resource Partners is transitioning from the coal business to the Oil & Gas royalty business for long-term survival. The company is actively pursuing new investments in undeveloped oil and gas fields to grow its portfolio of royalties-generating assets. The market is currently undervaluing the company as a coal business, but a successful transition could lead to a re-rate of the stock and a potential 50% upside to $29 per share. Read the full article on Seeking AlphaDeclared Dividend • Jan 31Fourth quarter dividend of US$0.70 announcedDividend of US$0.70 is the same as last year. Ex-date: 6th February 2024 Payment date: 14th February 2024 Dividend yield will be 13%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (83% cash payout ratio). The dividend has increased by an average of 2.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 33% over the next 3 years. However, it would need to fall by 37% to increase the payout ratio to a potentially unsustainable range.New Risk • Jan 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (US$8.9m sold).Seeking Alpha • Jan 30Alliance Resource Partners: High Distributions To UnitholdersSummary Alliance Resource Partners, L.P. reported its 2023 result yesterday, January 29th, with somewhat disappointing figures from Appalachia towards the end of the year. Alliance Resource Partners has 4 operating mines in the Illinois Basin and 3 in Appalachia, where most mines have a reserve life of 10-20 years. The majority of Alliance Resource Partners' coal sales are in the domestic market, with 87% of committed 2024 sales in the domestic market. Read the full article on Seeking Alphaお知らせ • Jan 29Alliance Resource Partners, L.P. Updates Production Guidance for the Full Year 2024Alliance Resource Partners, L.P. Updated production guidance for the full year 2024. For the period, the company expects Total Coal Operations Sales Volumes to be in the range of 34.0 million Short Tons to 35.8 Million Short Tons, Oil production of 1,400,000 barrels to 1,500,000 barrels, natural gas of 5,600,000 mcf to 6,000,000 mcf, and liquids of 675,000 barrels to 725,000 barrels.お知らせ • Jan 27Alliance Resource Partners, L.P. Declares Quarterly Distribution for the Quarter Ended December 31, 2023, Payable on February 14, 2024Alliance Resource Partners, L.P. announced that the Board of Directors of ARLP’s general partner approved a cash distribution to its unitholders for the quarter ended December 31, 2023 (the "2023 Quarter"). ARLP unitholders of record as of the close of trading on February 7, 2024 will receive a cash distribution for the 2023 Quarter of $0.70 per unit (an annualized rate of $2.80 per unit), payable on February 14, 2024.お知らせ • Jan 16Alliance Resource Partners, L.P. to Report Q4, 2023 Results on Jan 29, 2024Alliance Resource Partners, L.P. announced that they will report Q4, 2023 results Pre-Market on Jan 29, 2024Reported Earnings • Oct 29Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: US$1.21 (down from US$1.25 in 3Q 2022). Revenue: US$636.5m (up 1.3% from 3Q 2022). Net income: US$153.7m (down 3.4% from 3Q 2022). Profit margin: 24% (down from 25% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 91% per year and the company’s share price has also increased by 91% per year.お知らせ • Oct 28Alliance Resource Partners, L.P. Updates Production Guidance for the Full Year 2023Alliance Resource Partners, L.P. Updated production guidance for the full year 2023. For the period, the company expects Total Coal Operations Sales Volumes to be in the range of 34.5 million Short Tons to 35.0 Million Short Tons, Oil production of 1,400,000 barrels to 1,500,000 barrels, natural gas of 4,750,000 mcf to 5,250,000 mcf, and liquids of 565,000 barrels to 615,000 barrels.お知らせ • Oct 14Alliance Resource Partners, L.P. to Report Q3, 2023 Results on Oct 27, 2023Alliance Resource Partners, L.P. announced that they will report Q3, 2023 results Pre-Market on Oct 27, 2023Board Change • Oct 05Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director of Alliance Resource Management GP, LLC Bob Druten was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Aug 01Alliance Resource Partners, L.P. Lowers Coal Sales Guidance for the Fiscal Year 2023Alliance Resource Partners, L.P. lowered coal sales guidance for the fiscal year 2023. for the year, the company expected Total Sales from coal operations in the range of 35.50 Tones to 36.00 Tones.Reported Earnings • Jul 31Second quarter 2023 earnings: EPS in line with expectations, revenues disappointSecond quarter 2023 results: EPS: US$1.34 (up from US$1.23 in 2Q 2022). Revenue: US$641.8m (up 4.1% from 2Q 2022). Net income: US$169.8m (up 8.8% from 2Q 2022). Profit margin: 27% (up from 25% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 4.4% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 85% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 29Alliance Resource Partners, L.P. Declares Quarterly Distribution, Payable on August 14, 2023Alliance Resource Partners, L.P. announced cash distribution for the 2023 Quarter of $0.70 per unit (an annualized rate of $2.80 per unit), payable on August 14, 2023. The announced distribution represents a 75% increase over the cash distribution of $0.40 per unit for the quarter ended June 30, 2022 and is consistent with the cash distribution of $0.70 per unit for the quarter ended March 31, 2023.お知らせ • Jul 18Alliance Resource Partners, L.P. to Report Q2, 2023 Results on Jul 31, 2023Alliance Resource Partners, L.P. announced that they will report Q2, 2023 results Pre-Market on Jul 31, 2023Reported Earnings • May 03First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2023 results: EPS: US$1.50 (up from US$0.28 in 1Q 2022). Revenue: US$662.9m (up 44% from 1Q 2022). Net income: US$191.2m (up 445% from 1Q 2022). Profit margin: 29% (up from 7.6% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 17%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.9% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 83% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Mar 21Chairman recently bought US$1.9m worth of stockOn the 16th of March, Joseph Craft bought around 100k shares on-market at roughly US$18.60 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Joseph's only on-market trade for the last 12 months.Recent Insider Transactions Derivative • Feb 12Senior VP exercised options and sold US$691k worth of stockOn the 8th of February, R. Davis exercised options to acquire 32k shares at no cost and sold these for an average price of US$21.61 per share. This trade did not impact their existing holding. Since March 2022, Davis has owned 140.15k shares directly. Company insiders have collectively sold US$2.2m more than they bought, via options and on-market transactions in the last 12 months.Major Estimate Revision • Feb 06Consensus EPS estimates fall by 12%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from US$2.79b to US$2.85b. EPS estimate fell from US$6.69 to US$5.92 per share. Net income forecast to grow 32% next year vs 0.08% growth forecast for Oil and Gas industry in the US. Consensus price target up from US$29.00 to US$30.00. Share price was steady at US$22.31 over the past week.Reported Earnings • Jan 31Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: US$4.54 (up from US$1.36 in FY 2021). Revenue: US$2.41b (up 53% from FY 2021). Net income: US$577.2m (up 233% from FY 2021). Profit margin: 24% (up from 11% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.5%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 6.0% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 31Alliance Resource Partners, L.P. Provides Sales Guidance for the Fiscal Year 2023Alliance Resource Partners, L.P. provided sales guidance for the fiscal year 2023. for the year, the company expected Total Sales from coal operations in the range of 36.0 Tones to 38.0 Tones.お知らせ • Jan 28Alliance Resource Partners, L.P. Increases Cash Distribution for the Quarter Ended December 31, 2022, Payable on February 14, 2023Alliance Resource Partners, L.P. announced that the Board of Directors of ARLP’s general partner approved an increased cash distribution to its unitholders for the quarter ended December 31, 2022 (the "2022 Quarter"). ARLP unitholders will receive a cash distribution for the 2022 Quarter of $0.70 per unit (an annualized rate of $2.80 per unit), payable on February 14, 2023 to all unitholders of record as of the close of trading on February 7, 2023. The announced distribution represents a 180% increase over the cash distribution of $0.25 per unit for the quarter ended December 31, 2021 and a 40% increase over the cash distribution of $0.50 per unit for the quarter ended September 30, 2022.お知らせ • Jan 17Alliance Resource Partners, L.P. to Report Q4, 2022 Results on Jan 30, 2023Alliance Resource Partners, L.P. announced that they will report Q4, 2022 results Pre-Market on Jan 30, 2023お知らせ • Dec 09+ 1 more updateAlliance Resource Partners, L.P. Announces Chief Financial Officer ChangesAlliance Resource Partners, L.P. announced that the Board of Directors of its general partner, Alliance Resource Management GP, LLC, has appointed Cary P. Marshall as Chief Financial Officer effective April 1, 2023. The appointment follows the Partnership’s previously announced retirement and succession plan for Brian L. Cantrell, current Chief Financial Officer. Mr. Cantrell will remain with Alliance through March 31, 2023, to facilitate an orderly transition. Mr. Marshall has served as Alliance's Vice President, Corporate Finance and Treasurer since May 2003. Mr. Marshall joined Alliance’s predecessor entity, MAPCO Inc., in 1989 and has since held multiple positions across corporate finance and marketing. Mr. Marshall is an alumnus of Southern Methodist University, where he received a Bachelor of Business Administration degree and a Master of Business Administration degree.Price Target Changed • Nov 16Price target increased to US$27.42Up from US$24.08, the current price target is an average from 3 analysts. New target price is 24% above last closing price of US$22.19. Stock is up 116% over the past year. The company is forecast to post earnings per share of US$4.18 for next year compared to US$1.36 last year.Reported Earnings • Oct 31Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: US$1.29 (up from US$0.44 in 3Q 2021). Revenue: US$628.4m (up 51% from 3Q 2021). Net income: US$164.6m (up 195% from 3Q 2021). Profit margin: 26% (up from 13% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 5.9% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 24% per year.お知らせ • Oct 29Alliance Resource Partners, L.P. Increases Quarterly Distribution for the Quarter Ended September 30, 2022Alliance Resource Partners, L.P. announced that the Board of Directors of ARLP’s general partner approved an increased cash distribution to its unitholders for the quarter ended September 30, 2022 (the "2022 Quarter"). ARLP unitholders will receive a cash distribution for the 2022 Quarter of $0.50 per unit (an annualized rate of $2.00 per unit), payable on November 14, 2022 to all unitholders of record as of the close of trading on November 7, 2022. The announced distribution represents a 150.0% increase over the cash distribution of $0.20 per unit for the quarter ended September 30, 2021 and a 25.0% increase over the cash distribution of $0.40 per unit for the quarter ended June 30, 2022.お知らせ • Oct 18Alliance Resource Partners, L.P. to Report Q3, 2022 Results on Oct 31, 2022Alliance Resource Partners, L.P. announced that they will report Q3, 2022 results Pre-Market on Oct 31, 2022株主還元ARLPUS Oil and GasUS 市場7D-0.8%-0.4%1.6%1Y-10.9%18.0%18.6%株主還元を見る業界別リターン: ARLP過去 1 年間で18 % の収益を上げたUS Oil and Gas業界を下回りました。リターン対市場: ARLPは、過去 1 年間で18.6 % のリターンを上げたUS市場を下回りました。価格変動Is ARLP's price volatile compared to industry and market?ARLP volatilityARLP Average Weekly Movement3.4%Oil and Gas Industry Average Movement6.2%Market Average Movement7.3%10% most volatile stocks in US Market16.7%10% least volatile stocks in US Market3.2%安定した株価: ARLP 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: ARLPの 週次ボラティリティ ( 3% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19713,575Joe Craftwww.arlp.comアライアンス・リソース・パートナーズ（Alliance Resource Partners, L.P.）は多角的な天然資源会社で、米国内の公益企業や産業用ユーザー向けに石炭の生産と販売を行っている。同社は4つのセグメントで事業を展開している：イリノイ・ベイスン・コール・オペレーションズ、アパラチア・コール・オペレーションズ、オイル＆ガス・ロイヤルティー、コール・ロイヤルティー。同社は地下炭鉱から瀝青炭を生産し、電力会社や鉄鋼会社に販売している。イリノイ州、インディアナ州、ケンタッキー州、メリーランド州、ペンシルベニア州、ウェストバージニア州で7つの地下炭鉱を運営している。さらに、石油・ガス鉱区権益と持分権益を所有・リースし、石炭鉱区の埋蔵量と資源を鉱区にリースし、インディアナ州マウント・バーノンのオハイオ川で土地をリースし、石炭積出ターミナルを運営している。さらに、データネットワーク、通信・追跡システム、採掘近接検知システム、産業用衝突回避システム、データ・分析ソフトウェアなど、さまざまな採掘技術製品とサービスを提供している。製品の輸出も行っている。アライアンス・リソース・パートナーズL.P.は1971年に設立され、オクラホマ州タルサに本社を置いている。もっと見るAlliance Resource Partners, L.P. 基礎のまとめAlliance Resource Partners の収益と売上を時価総額と比較するとどうか。ARLP 基礎統計学時価総額US$3.06b収益（TTM）US$243.47m売上高(TTM)US$2.17b12.6xPER（株価収益率1.4xP/SレシオARLP は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計ARLP 損益計算書（TTM）収益US$2.17b売上原価US$1.42b売上総利益US$749.96mその他の費用US$506.49m収益US$243.47m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）1.89グロス・マージン34.55%純利益率11.22%有利子負債／自己資本比率27.8%ARLP の長期的なパフォーマンスは？過去の実績と比較を見る配当金10.1%現在の配当利回り127%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/06 06:48終値2026/07/02 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Alliance Resource Partners, L.P. 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。15 アナリスト機関Peter WardBarclaysMark LevinBenchmark CompanyNathan MartinBenchmark Company12 その他のアナリストを表示
ライブニュース • Jul 04Alliance Resource Partners Acquires $206 Million in Oil and Gas Mineral InterestsAlliance Resource Partners completed a roughly $206.2 million acquisition of general and limited partner interests in AllDale Minerals III and IV, lifting its control to about 115,680 net royalty acres, including more than 44,770 net royalty acres in the Permian Basin. The deal expands Alliance Resource Partners’ oil and gas royalties segment while adding financial leverage, as it was funded with cash on hand, borrowings under the revolving credit facility, and a new $150 million term loan at subsidiary Alliance Minerals, LLC. The stock last traded at $23.81, with the share price down about 8.4% over the past 30 days. The key read-through is that Alliance Resource Partners is increasing its exposure to oil and gas royalties while also taking on additional debt, which raises questions about how the new assets will contribute to cash flow relative to the higher interest and balance sheet commitments.
Seeking Alpha • Jun 27Alliance Resource Partners: Profiting From The Slow Death Of CoalSummary The "death of coal" narrative may be years ahead of reality; demand is plateauing, not collapsing. Data centers, grid reliability concerns, and energy security are extending coal's relevance. 95% of ARLP's sales volumes for 2026 are already committed, and the partnership is growing its oil & gas royalty business to provide diversification beyond coal. Investors can collect years of attractive income from an industry the market has already written off. Read the full article on Seeking Alpha
ライブニュース • Jun 18Alliance Resource Partners Stock Eyes Growth With AllDale Minerals Royalty AcquisitionAlliance Resource Partners agreed to acquire general partner and limited partner interests in AllDale Minerals III and IV. The deal increases ARLP’s economic interest in AllDale entities and its control over net royalty acres. The acquisition expands Alliance Resource Partners’ exposure to the northern Delaware, Anadarko, Bakken and Haynesville basins, including entry into the Haynesville gas play. This move shifts Alliance Resource Partners further into oil and gas royalty interests, which typically carry different risk and cash flow characteristics than its core coal operations. Investors may want to watch how ARLP manages capital allocation between coal and these royalty assets, and what this means for future commodity exposure and project priorities.
分析記事 • Jun 17Alliance Resource Partners (ARLP) Stock Could Be Trading Below Fair Value After Recent PullbackAlliance Resource Partners (ARLP) has drawn investor attention after recent trading left the stock down about 3% over the past month and about 11% over the past 3 months, despite positive annual revenue and net income growth. See our latest analysis for Alliance Resource Partners. At a latest share price of $24.29, Alliance Resource Partners has seen share price momentum fade in recent months, even though the year to date share price return is positive and multi year total shareholder returns...
ライブニュース • Jun 09Alliance Resource Partners to Acquire Majority Stake in AllDale Minerals for US$206 MillionAlliance Resource Partners agreed to acquire additional general partner and limited partner interests in AllDale Minerals III and IV for about US$206.2 million. After closing, ARLP’s economic interest in AllDale III and IV is expected to move from roughly 5% to 61%. ARLP will own 100% of the general partner interests in AllDale III and IV and gain exposure to the Permian and Haynesville basins through this deal. The key takeaway is that ARLP is expanding its oil and gas royalties platform and concentrating more ownership in assets tied to established U.S. resource plays, which changes the mix of its business beyond coal. Investors may want to pay close attention to how this acquisition is financed, the cash flow profile of the royalty interests, and commodity price exposure linked to the Permian and Haynesville assets.
Declared Dividend • Apr 29First quarter dividend of US$0.60 announcedShareholders will receive a dividend of US$0.60. Ex-date: 8th May 2026 Payment date: 15th May 2026 Dividend yield will be 9.0%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) nor is it adequately covered by cash flows (94% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 5.6% to bring the payout ratio under control. EPS is expected to grow by 44% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
ライブニュース • Jul 04Alliance Resource Partners Acquires $206 Million in Oil and Gas Mineral InterestsAlliance Resource Partners completed a roughly $206.2 million acquisition of general and limited partner interests in AllDale Minerals III and IV, lifting its control to about 115,680 net royalty acres, including more than 44,770 net royalty acres in the Permian Basin. The deal expands Alliance Resource Partners’ oil and gas royalties segment while adding financial leverage, as it was funded with cash on hand, borrowings under the revolving credit facility, and a new $150 million term loan at subsidiary Alliance Minerals, LLC. The stock last traded at $23.81, with the share price down about 8.4% over the past 30 days. The key read-through is that Alliance Resource Partners is increasing its exposure to oil and gas royalties while also taking on additional debt, which raises questions about how the new assets will contribute to cash flow relative to the higher interest and balance sheet commitments.
Seeking Alpha • Jun 27Alliance Resource Partners: Profiting From The Slow Death Of CoalSummary The "death of coal" narrative may be years ahead of reality; demand is plateauing, not collapsing. Data centers, grid reliability concerns, and energy security are extending coal's relevance. 95% of ARLP's sales volumes for 2026 are already committed, and the partnership is growing its oil & gas royalty business to provide diversification beyond coal. Investors can collect years of attractive income from an industry the market has already written off. Read the full article on Seeking Alpha
ライブニュース • Jun 18Alliance Resource Partners Stock Eyes Growth With AllDale Minerals Royalty AcquisitionAlliance Resource Partners agreed to acquire general partner and limited partner interests in AllDale Minerals III and IV. The deal increases ARLP’s economic interest in AllDale entities and its control over net royalty acres. The acquisition expands Alliance Resource Partners’ exposure to the northern Delaware, Anadarko, Bakken and Haynesville basins, including entry into the Haynesville gas play. This move shifts Alliance Resource Partners further into oil and gas royalty interests, which typically carry different risk and cash flow characteristics than its core coal operations. Investors may want to watch how ARLP manages capital allocation between coal and these royalty assets, and what this means for future commodity exposure and project priorities.
分析記事 • Jun 17Alliance Resource Partners (ARLP) Stock Could Be Trading Below Fair Value After Recent PullbackAlliance Resource Partners (ARLP) has drawn investor attention after recent trading left the stock down about 3% over the past month and about 11% over the past 3 months, despite positive annual revenue and net income growth. See our latest analysis for Alliance Resource Partners. At a latest share price of $24.29, Alliance Resource Partners has seen share price momentum fade in recent months, even though the year to date share price return is positive and multi year total shareholder returns...
ライブニュース • Jun 09Alliance Resource Partners to Acquire Majority Stake in AllDale Minerals for US$206 MillionAlliance Resource Partners agreed to acquire additional general partner and limited partner interests in AllDale Minerals III and IV for about US$206.2 million. After closing, ARLP’s economic interest in AllDale III and IV is expected to move from roughly 5% to 61%. ARLP will own 100% of the general partner interests in AllDale III and IV and gain exposure to the Permian and Haynesville basins through this deal. The key takeaway is that ARLP is expanding its oil and gas royalties platform and concentrating more ownership in assets tied to established U.S. resource plays, which changes the mix of its business beyond coal. Investors may want to pay close attention to how this acquisition is financed, the cash flow profile of the royalty interests, and commodity price exposure linked to the Permian and Haynesville assets.
Declared Dividend • Apr 29First quarter dividend of US$0.60 announcedShareholders will receive a dividend of US$0.60. Ex-date: 8th May 2026 Payment date: 15th May 2026 Dividend yield will be 9.0%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) nor is it adequately covered by cash flows (94% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 5.6% to bring the payout ratio under control. EPS is expected to grow by 44% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
New Risk • Apr 28New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 95% Cash payout ratio: 94% Dividend yield: 9.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
お知らせ • Apr 13Alliance Resource Partners, L.P. to Report Q1, 2026 Results on Apr 27, 2026Alliance Resource Partners, L.P. announced that they will report Q1, 2026 results Pre-Market on Apr 27, 2026
Reported Earnings • Mar 03Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: US$2.42 (down from US$2.77 in FY 2024). Revenue: US$2.19b (down 10% from FY 2024). Net income: US$311.2m (down 12% from FY 2024). Profit margin: 14% (in line with FY 2024). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) exceeded analyst estimates by 1.3%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
お知らせ • Feb 03Alliance Resource Partners, L.P. Provides Earnings Guidance for the Year 2026Alliance Resource Partners, L.P. provided earnings Guidance for the year 2026. for the year, the company expected Total Sales from coal operations in the range of 33.75 Tons to 35.25 Tons.
Reported Earnings • Feb 03Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: US$2.42 (down from US$2.77 in FY 2024). Revenue: US$2.19b (down 10% from FY 2024). Net income: US$311.2m (down 12% from FY 2024). Profit margin: 14% (in line with FY 2024). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) exceeded analyst estimates by 1.3%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 6.4% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Declared Dividend • Jan 30Third quarter dividend of US$0.60 announcedShareholders will receive a dividend of US$0.60. Ex-date: 6th February 2026 Payment date: 13th February 2026 Dividend yield will be 10%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (137% earnings payout ratio). However, it is covered by cash flows (88% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 53% to bring the payout ratio under control. EPS is expected to grow by 35% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
お知らせ • Jan 28Alliance Resource Partners, L.P. Approves Quarterly Cash Distribution for the Quarter Ended December 31, 2025, Payable on February 13, 2026Alliance Resource Partners, L.P. announced that the Board of Directors of ARLP’s general partner approved a cash distribution to its unitholders for the quarter ended December 31, 2025 (the "2025 Quarter"). ARLP unitholders of record as of the close of trading on February 6, 2026 will receive a cash distribution for the 2025 quarter of $0.60 per unit (an annualized rate of $2.40 per unit), payable on February 13, 2026.
お知らせ • Jan 20Alliance Resource Partners, L.P. to Report Q4, 2025 Results on Feb 02, 2026Alliance Resource Partners, L.P. announced that they will report Q4, 2025 results Pre-Market on Feb 02, 2026
Declared Dividend • Oct 31Third quarter dividend of US$0.60 announcedShareholders will receive a dividend of US$0.60. Ex-date: 7th November 2025 Payment date: 14th November 2025 Dividend yield will be 11%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (134% earnings payout ratio). However, it is covered by cash flows (88% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 49% to bring the payout ratio under control. EPS is expected to grow by 39% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • Oct 28Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: US$0.74 (up from US$0.66 in 3Q 2024). Revenue: US$571.4m (down 6.9% from 3Q 2024). Net income: US$95.1m (up 12% from 3Q 2024). Profit margin: 17% (up from 14% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.0%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 27Alliance Resource Partners, L.P. Updates Sales Guidance for the Full Year Ending December 31, 2025Alliance Resource Partners, L.P. updated sales guidance for the full year ending December 31, 2025. For the year, the company expects total sales tons in the range of 32.50 million short tons to 33.25 million short tons.
お知らせ • Oct 13Alliance Resource Partners, L.P. to Report Q3, 2025 Results on Oct 27, 2025Alliance Resource Partners, L.P. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Oct 27, 2025
Declared Dividend • Jul 31Second quarter dividend reduced to US$0.60Dividend of US$0.60 is 14% lower than last year. Ex-date: 7th August 2025 Payment date: 14th August 2025 Dividend yield will be 10%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (151% earnings payout ratio) nor is it covered by cash flows (104% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 67% to bring the payout ratio under control. EPS is expected to grow by 40% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • Jul 29Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: US$0.46 (down from US$0.77 in 2Q 2024). Revenue: US$547.5m (down 7.7% from 2Q 2024). Net income: US$59.4m (down 40% from 2Q 2024). Profit margin: 11% (down from 17% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • Jul 29+ 1 more updateAlliance Resource Partners, L.P. Updates Sales Guidance for the Full Year Ending December 31, 2025Alliance Resource Partners, L.P. updated sales guidance for the full year ending December 31, 2025. For the year, the company expected total sales tons of 32.75 million short tons to 34.00 million short tons. The midpoint of total 2025 coal sales guidance remains essentially unchanged.
お知らせ • Jul 14Alliance Resource Partners, L.P. to Report Q2, 2025 Results on Jul 28, 2025Alliance Resource Partners, L.P. announced that they will report Q2, 2025 results Pre-Market on Jul 28, 2025
Declared Dividend • Apr 30First quarter dividend of US$0.70 announcedDividend of US$0.70 is the same as last year. Ex-date: 8th May 2025 Payment date: 15th May 2025 Dividend yield will be 11%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (132% earnings payout ratio) nor is it covered by cash flows (111% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 47% to bring the payout ratio under control. EPS is expected to grow by 47% over the next 3 years, which should be enough to bring the dividend into a sustainable range.
Reported Earnings • Apr 28First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: US$0.58 (down from US$1.21 in 1Q 2024). Revenue: US$540.5m (down 17% from 1Q 2024). Net income: US$74.0m (down 52% from 1Q 2024). Profit margin: 14% (down from 24% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 8.9%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 28+ 1 more updateAlliance Resource Partners, L.P. Updates Earnings Guidance for the Year 2025Alliance Resource Partners, L.P. updated earnings Guidance for the year 2025. for the year, the company expected Total Sales from coal operations in the range of 32.75 Tones to 34.75 Tones.
お知らせ • Apr 14Alliance Resource Partners, L.P. to Report Q1, 2025 Results on Apr 28, 2025Alliance Resource Partners, L.P. announced that they will report Q1, 2025 results Pre-Market on Apr 28, 2025
Seeking Alpha • Apr 09Alliance Resource Partners: A High-Yield Contrarian Bet On Energy SecuritySummary Alliance Resource Partners offers a compelling mix of coal mining, oil and gas royalties, and Bitcoin mining, providing a diversified cash flow and a forward yield of over 11%. Despite strong financials and a conservative balance sheet, ARLP trades at a high yield due to market skepticism about coal's long-term viability and ESG concerns. ARLP's increasingly diversified revenue streams and strategic positioning make it resilient to geopolitical tensions and tariffs, potentially thriving in an isolationist environment. While ARLP's distribution appears stable and the balance sheet strong, investors should be prepared for volatility due to commodity price fluctuations. Read the full article on Seeking Alpha
Recent Insider Transactions • Mar 19Insider recently sold US$1.3m worth of stockOn the 14th of March, Timothy Whelan sold around 50k shares on-market at roughly US$25.13 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$2.6m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Mar 06Insider notifies of intention to sell stockTimothy Whelan intends to sell 50k shares in the next 90 days after lodging an Intent To Sell Form on the 4th of March. If the sale is conducted around the recent share price of US$24.57, it would amount to US$1.2m. Since June 2024, Timothy's direct individual holding has decreased from 167.95k shares to 143.85k. Company insiders have collectively sold US$4.2m more than they bought, via options and on-market transactions in the last 12 months.
Seeking Alpha • Feb 26Alliance Resource Partners: Well-Positioned To Benefit From Rising U.S. Electricity DemandSummary Alliance Resource Partners owns seven underground coal complexes in the Illinois and Appalachian basins of the eastern United States with a production volume of ~33 million tons per annum. Approximately 50% of the company's production is shipped to clients by barge using the Ohio River. Moreover, ~80% of ARLP's production is sold to domestic electric utilities. After cumulative investments of $745 million since 2014, Alliance derives ~25% of its adjusted EBITDA from oil, gas and coal royalties. With a portfolio heavily weighted towards U.S. thermal coal, the company is uniquely positioned to benefit from rising electricity demand in the United States. My 'Hold' rating reflects my discomfort buying a thermal coal producer trading close to multi-year highs. Read the full article on Seeking Alpha
Recent Insider Transactions Derivative • Feb 13Insider exercised options and sold US$944k worth of stockOn the 10th of February, Kirk Tholen exercised options to acquire 35k shares at no cost and sold these for an average price of US$27.28 per share. This trade did not impact their existing holding. Since March 2024, Kirk has owned 110.40k shares directly. Company insiders have collectively sold US$4.2m more than they bought, via options and on-market transactions in the last 12 months.
Seeking Alpha • Feb 10Alliance Resource Partners: Buying Coal With Diversification, DividendSummary Alliance Resource Partners demonstrates consistent financial performance in boring energy businesses with reliable dividends. The continued focus on its coal operations and diversifying into the oil and gas sectors underpin its long-term growth potential. The company made capital improvements in 2024 that should reduce operating expenses in 2025 to offset commodity price decreases. The company uses excess energy to mine bitcoin and hold it on its balance sheet. Read the full article on Seeking Alpha
Major Estimate Revision • Feb 10Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$2.50b to US$2.35b. EPS estimate also fell from US$3.36 per share to US$2.82 per share. Net income forecast to grow 2.3% next year vs 2.2% growth forecast for Oil and Gas industry in the US. Consensus price target broadly unchanged at US$30.50. Share price fell 3.6% to US$26.62 over the past week.
Price Target Changed • Feb 04Price target increased by 13% to US$31.00Up from US$27.50, the current price target is an average from 2 analysts. New target price is 11% above last closing price of US$27.98. Stock is up 41% over the past year. The company is forecast to post earnings per share of US$2.85 for next year compared to US$2.82 last year.
Reported Earnings • Feb 03Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: US$2.82 (down from US$4.81 in FY 2023). Revenue: US$2.45b (down 4.6% from FY 2023). Net income: US$360.9m (down 41% from FY 2023). Profit margin: 15% (down from 24% in FY 2023). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 03Alliance Resource Partners, L.P. Provides Sales Guidance for the Full Year Ending December 31, 2025Alliance Resource Partners, L.P. provided sales guidance for the full year ending December 31, 2025. for the year, the company expected Total Sales from coal operations in the range of 32.25 Tones to 34.25 Tones.
Declared Dividend • Jan 31Third quarter dividend of US$0.70 announcedDividend of US$0.70 is the same as last year. Ex-date: 7th February 2025 Payment date: 14th February 2025 Dividend yield will be 9.8%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not covered by cash flows (124% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 6.3% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jan 29Alliance Resource Partners, L.P. Declares Quarterly Distribution, Payable on February 14, 2025Alliance Resource Partners, L.P. announced that the Board of Directors of ARLP’s general partner approved a cash distribution to its unitholders for the quarter ended December 31, 2024 (the "2024 Quarter"). ARLP unitholders of record as of the close of trading on February 7, 2025 will receive a cash distribution for the 2024 Quarter of $0.70 per unit (an annualized rate of $2.80 per unit), payable on February 14, 2025. The announced distribution is consistent with the cash distributions of $0.70 per unit for the quarters ended December 31, 2023 and September 30, 2024.
Buy Or Sell Opportunity • Jan 28Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 8.5% to US$27.80. The fair value is estimated to be US$22.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 2.1% per annum. Earnings are also forecast to grow by 2.4% per annum over the same time period.
お知らせ • Jan 20Alliance Resource Partners, L.P. to Report Q4, 2024 Results on Feb 03, 2025Alliance Resource Partners, L.P. announced that they will report Q4, 2024 results Pre-Market on Feb 03, 2025
Seeking Alpha • Jan 16Critically Evaluating The Bull Thesis For Alliance Resource PartnersSummary The coal industry and coal stocks are one of the most hated and neglected areas of the market. Such conditions have historically been an ample source of investment opportunity. Alliance Resource Partners is one of the more attractive investment ideas within this space. Closer examination offers potential insight investors need before diving in headfirst. Read the full article on Seeking Alpha
Buy Or Sell Opportunity • Jan 13Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to US$27.48. The fair value is estimated to be US$22.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 2.1% per annum. Earnings are also forecast to grow by 2.4% per annum over the same time period.
Recent Insider Transactions • Dec 15Insider recently sold US$1.1m worth of stockOn the 13th of December, Timothy Whelan sold around 40k shares on-market at roughly US$26.58 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.3m more than they bought in the last 12 months.
Recent Insider Transactions • Dec 05Insider recently sold US$280k worth of stockOn the 2nd of December, Timothy Whelan sold around 10k shares on-market at roughly US$28.00 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$972k more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Dec 01Insider notifies of intention to sell stockTimothy Whelan intends to sell 100k shares in the next 90 days after lodging an Intent To Sell Form on the 29th of November. If the sale is conducted around the recent share price of US$28.29, it would amount to US$2.8m. Since March 2024, Timothy has owned 167.95k shares directly. Company insiders have collectively sold US$8.6m more than they bought, via options and on-market transactions in the last 12 months.
Declared Dividend • Oct 30Third quarter dividend of US$0.70 announcedDividend of US$0.70 is the same as last year. Ex-date: 7th November 2024 Payment date: 14th November 2024 Dividend yield will be 11%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (81% earnings payout ratio) but not covered by cash flows (124% cash payout ratio). The dividend has increased by an average of 1.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 15% over the next 2 years. Since a fall of 10% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
Reported Earnings • Oct 28Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: US$0.67 (down from US$1.18 in 3Q 2023). Revenue: US$613.6m (down 3.6% from 3Q 2023). Net income: US$86.3m (down 42% from 3Q 2023). Profit margin: 14% (down from 24% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 2.6%. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 30% per year.
お知らせ • Oct 28Alliance Resource Partners, L.P. Declares Cash Distribution for the Quarter Ended September 30, 2024, Payable on November 14, 2024Alliance Resource Partners, L.P. approved a cash distribution to unitholders for the 2024 Quarter of $0.70 per unit (an annualized rate of $2.80 per unit), payable on November 14, 2024, to all unitholders of record as of the close of trading on November 7, 2024. The announced distribution is consistent with the cash distributions for the 2023 Quarter and Sequential Quarter.
Buy Or Sell Opportunity • Oct 24Now 21% overvaluedOver the last 90 days, the stock has fallen 1.1% to US$25.50. The fair value is estimated to be US$21.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 44%. Revenue is forecast to decline by 3.2% in 2 years. Earnings are forecast to decline by 17% in the next 2 years.
お知らせ • Oct 14Alliance Resource Partners, L.P. to Report Q3, 2024 Results on Oct 28, 2024Alliance Resource Partners, L.P. announced that they will report Q3, 2024 results Pre-Market on Oct 28, 2024
Buy Or Sell Opportunity • Oct 04Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at US$25.32. The fair value is estimated to be US$21.04, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 44%. Revenue is forecast to decline by 3.1% in 2 years. Earnings are forecast to decline by 17% in the next 2 years.
新しいナラティブ • Sep 05High Hopes In Diversification Amid Analysts' Concerns Over Coal's Future And Shrinking Margins Alliance Resource Partners' strategic financial moves and diversification signal strong investor confidence and potential for growth in earnings and stability.
Buy Or Sell Opportunity • Aug 01Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.7% to US$24.80. The fair value is estimated to be US$20.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 44%. Revenue is forecast to decline by 3.1% in 2 years. Earnings are forecast to decline by 16% in the next 2 years.
Reported Earnings • Jul 30Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: US$0.78 (down from US$1.30 in 2Q 2023). Revenue: US$593.4m (down 7.6% from 2Q 2023). Net income: US$100.2m (down 39% from 2Q 2023). Profit margin: 17% (down from 26% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is expected to decline by 2.4% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 47% per year.
Seeking Alpha • Jul 29Alliance Resource Partners: The Yield Is Still High And The Case Looks SolidSummary In March this year, I issued a bullish article on ARLP. Since then, the stock has massively outperformed the S&P 500. In this article I dissect the key data points that have emerged over this period and provide my updated view on the overall investment thesis here. Read the full article on Seeking Alpha
お知らせ • Jul 29+ 1 more updateAlliance Resource Partners, L.P. Updates Production Guidance for the Full Year Ending December 31, 2024Alliance Resource Partners, L.P. updated production guidance for the full year ending December 31, 2024. For the period, the company expects Total Coal Operations Sales Volumes to be in the range of 33.50 million Short Tons to 34.50 Million Short Tons, Oil production of 1,500,000 barrels to 1,600,000 barrels, natural gas of 5,800,000 mcf to 6,200,000 mcf, and liquids of 750,000 barrels to 800,000 barrels.
お知らせ • Jul 16Alliance Resource Partners, L.P. to Report Q2, 2024 Results on Jul 29, 2024Alliance Resource Partners, L.P. announced that they will report Q2, 2024 results at 9:30 AM, US Eastern Standard Time on Jul 29, 2024
Seeking Alpha • Jun 09Alliance Resource Partners: Good Value, Healthy Dividends, And Upside PotentialSummary Alliance Resource Partners is a diversified natural resource company that generates over a 14% free cash flow yield, pays a healthy dividend, and trades at a P/E of roughly 6x. Environmental, Social, and Governance restraints may be the reason that the opportunity exists, since ARLP's primary product is thermal coal. Guidance for 2024 is similar to last year, when the company paid out $2.80/share in dividends. In addition to thermal coal, the partnership has expanded its supplementary business segments to include a small Bitcoin mining operation, as of Q1 2024. Read the full article on Seeking Alpha
Seeking Alpha • May 31Alliance Resource: Poised For Significant Shareholder ReturnsSummary The domestic thermal coal market has significantly more runway than the market is pricing in. Alliance (and its peers) have proven to deliver significant free cash flow even in the face of near all time low natural gas prices. Following a capex-heavy 2024, management will have the opportunity to unlock significant returns through share buybacks in the medium term. The market has not given management credit for the buildout of its oil and gas royalty business worth a third of the company's equity value today. In the long run, Alliance is in the unique position to use years of 'melting ice cube' cash flows to opportunistically expand its capital-light O&G royalty business. Read the full article on Seeking Alpha
Reported Earnings • Apr 30First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: US$1.24 (down from US$1.46 in 1Q 2023). Revenue: US$651.7m (down 1.7% from 1Q 2023). Net income: US$158.1m (down 15% from 1Q 2023). Profit margin: 24% (down from 28% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) also surpassed analyst estimates by 20%. Revenue is expected to decline by 3.0% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 2.1%. Over the last 3 years on average, earnings per share has increased by 58% per year and the company’s share price has also increased by 58% per year.
お知らせ • Apr 30Alliance Resource Partners, L.P. Reiterates Production Guidance for the Full Year 2024Alliance Resource Partners, L.P. reiterates production guidance for the full year 2024. For the period, the company expects Total Coal Operations Sales Volumes to be in the range of 34.0 million Short Tons to 35.8 Million Short Tons, Oil production of 1,400,000 barrels to 1,500,000 barrels, natural gas of 5,600,000 mcf to 6,000,000 mcf, and liquids of 675,000 barrels to 725,000 barrels.
お知らせ • Apr 28Alliance Resource Partners, L.P. Declares Distribution for the Quarter Ended March 31, 2024, Payable on May 15, 2024Alliance Resource Partners, L.P. announced that the Board of Directors of ARLP’s general partner approved a cash distribution to its unitholders for the quarter ended March 31, 2024 (the "2024 Quarter"). ARLP unitholders of record as of the close of trading on May 8, 2024 will receive a cash distribution for the 2024 Quarter of $0.70 per unit (an annualized rate of $2.80 per unit), payable on May 15, 2024. The announced distribution is consistent with the cash distributions of $0.70 per unit for the quarters ended March 31, 2023 and December 31, 2023.
お知らせ • Apr 16Alliance Resource Partners, L.P. to Report Q1, 2024 Results on Apr 29, 2024Alliance Resource Partners, L.P. announced that they will report Q1, 2024 results Pre-Market on Apr 29, 2024
Seeking Alpha • Mar 25Alliance Resource Partners: A Transitioning Story That Might Yield Great ResultsSummary Alliance Resource Partners is transitioning from the coal business to the Oil & Gas royalty business for long-term survival. The company is actively pursuing new investments in undeveloped oil and gas fields to grow its portfolio of royalties-generating assets. The market is currently undervaluing the company as a coal business, but a successful transition could lead to a re-rate of the stock and a potential 50% upside to $29 per share. Read the full article on Seeking Alpha
Declared Dividend • Jan 31Fourth quarter dividend of US$0.70 announcedDividend of US$0.70 is the same as last year. Ex-date: 6th February 2024 Payment date: 14th February 2024 Dividend yield will be 13%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (83% cash payout ratio). The dividend has increased by an average of 2.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 33% over the next 3 years. However, it would need to fall by 37% to increase the payout ratio to a potentially unsustainable range.
New Risk • Jan 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (US$8.9m sold).
Seeking Alpha • Jan 30Alliance Resource Partners: High Distributions To UnitholdersSummary Alliance Resource Partners, L.P. reported its 2023 result yesterday, January 29th, with somewhat disappointing figures from Appalachia towards the end of the year. Alliance Resource Partners has 4 operating mines in the Illinois Basin and 3 in Appalachia, where most mines have a reserve life of 10-20 years. The majority of Alliance Resource Partners' coal sales are in the domestic market, with 87% of committed 2024 sales in the domestic market. Read the full article on Seeking Alpha
お知らせ • Jan 29Alliance Resource Partners, L.P. Updates Production Guidance for the Full Year 2024Alliance Resource Partners, L.P. Updated production guidance for the full year 2024. For the period, the company expects Total Coal Operations Sales Volumes to be in the range of 34.0 million Short Tons to 35.8 Million Short Tons, Oil production of 1,400,000 barrels to 1,500,000 barrels, natural gas of 5,600,000 mcf to 6,000,000 mcf, and liquids of 675,000 barrels to 725,000 barrels.
お知らせ • Jan 27Alliance Resource Partners, L.P. Declares Quarterly Distribution for the Quarter Ended December 31, 2023, Payable on February 14, 2024Alliance Resource Partners, L.P. announced that the Board of Directors of ARLP’s general partner approved a cash distribution to its unitholders for the quarter ended December 31, 2023 (the "2023 Quarter"). ARLP unitholders of record as of the close of trading on February 7, 2024 will receive a cash distribution for the 2023 Quarter of $0.70 per unit (an annualized rate of $2.80 per unit), payable on February 14, 2024.
お知らせ • Jan 16Alliance Resource Partners, L.P. to Report Q4, 2023 Results on Jan 29, 2024Alliance Resource Partners, L.P. announced that they will report Q4, 2023 results Pre-Market on Jan 29, 2024
Reported Earnings • Oct 29Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: US$1.21 (down from US$1.25 in 3Q 2022). Revenue: US$636.5m (up 1.3% from 3Q 2022). Net income: US$153.7m (down 3.4% from 3Q 2022). Profit margin: 24% (down from 25% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 91% per year and the company’s share price has also increased by 91% per year.
お知らせ • Oct 28Alliance Resource Partners, L.P. Updates Production Guidance for the Full Year 2023Alliance Resource Partners, L.P. Updated production guidance for the full year 2023. For the period, the company expects Total Coal Operations Sales Volumes to be in the range of 34.5 million Short Tons to 35.0 Million Short Tons, Oil production of 1,400,000 barrels to 1,500,000 barrels, natural gas of 4,750,000 mcf to 5,250,000 mcf, and liquids of 565,000 barrels to 615,000 barrels.
お知らせ • Oct 14Alliance Resource Partners, L.P. to Report Q3, 2023 Results on Oct 27, 2023Alliance Resource Partners, L.P. announced that they will report Q3, 2023 results Pre-Market on Oct 27, 2023
Board Change • Oct 05Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director of Alliance Resource Management GP, LLC Bob Druten was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Aug 01Alliance Resource Partners, L.P. Lowers Coal Sales Guidance for the Fiscal Year 2023Alliance Resource Partners, L.P. lowered coal sales guidance for the fiscal year 2023. for the year, the company expected Total Sales from coal operations in the range of 35.50 Tones to 36.00 Tones.
Reported Earnings • Jul 31Second quarter 2023 earnings: EPS in line with expectations, revenues disappointSecond quarter 2023 results: EPS: US$1.34 (up from US$1.23 in 2Q 2022). Revenue: US$641.8m (up 4.1% from 2Q 2022). Net income: US$169.8m (up 8.8% from 2Q 2022). Profit margin: 27% (up from 25% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 4.4% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 85% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 29Alliance Resource Partners, L.P. Declares Quarterly Distribution, Payable on August 14, 2023Alliance Resource Partners, L.P. announced cash distribution for the 2023 Quarter of $0.70 per unit (an annualized rate of $2.80 per unit), payable on August 14, 2023. The announced distribution represents a 75% increase over the cash distribution of $0.40 per unit for the quarter ended June 30, 2022 and is consistent with the cash distribution of $0.70 per unit for the quarter ended March 31, 2023.
お知らせ • Jul 18Alliance Resource Partners, L.P. to Report Q2, 2023 Results on Jul 31, 2023Alliance Resource Partners, L.P. announced that they will report Q2, 2023 results Pre-Market on Jul 31, 2023
Reported Earnings • May 03First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2023 results: EPS: US$1.50 (up from US$0.28 in 1Q 2022). Revenue: US$662.9m (up 44% from 1Q 2022). Net income: US$191.2m (up 445% from 1Q 2022). Profit margin: 29% (up from 7.6% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 17%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.9% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 83% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Mar 21Chairman recently bought US$1.9m worth of stockOn the 16th of March, Joseph Craft bought around 100k shares on-market at roughly US$18.60 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Joseph's only on-market trade for the last 12 months.
Recent Insider Transactions Derivative • Feb 12Senior VP exercised options and sold US$691k worth of stockOn the 8th of February, R. Davis exercised options to acquire 32k shares at no cost and sold these for an average price of US$21.61 per share. This trade did not impact their existing holding. Since March 2022, Davis has owned 140.15k shares directly. Company insiders have collectively sold US$2.2m more than they bought, via options and on-market transactions in the last 12 months.
Major Estimate Revision • Feb 06Consensus EPS estimates fall by 12%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from US$2.79b to US$2.85b. EPS estimate fell from US$6.69 to US$5.92 per share. Net income forecast to grow 32% next year vs 0.08% growth forecast for Oil and Gas industry in the US. Consensus price target up from US$29.00 to US$30.00. Share price was steady at US$22.31 over the past week.
Reported Earnings • Jan 31Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: US$4.54 (up from US$1.36 in FY 2021). Revenue: US$2.41b (up 53% from FY 2021). Net income: US$577.2m (up 233% from FY 2021). Profit margin: 24% (up from 11% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.5%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 6.0% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 31Alliance Resource Partners, L.P. Provides Sales Guidance for the Fiscal Year 2023Alliance Resource Partners, L.P. provided sales guidance for the fiscal year 2023. for the year, the company expected Total Sales from coal operations in the range of 36.0 Tones to 38.0 Tones.
お知らせ • Jan 28Alliance Resource Partners, L.P. Increases Cash Distribution for the Quarter Ended December 31, 2022, Payable on February 14, 2023Alliance Resource Partners, L.P. announced that the Board of Directors of ARLP’s general partner approved an increased cash distribution to its unitholders for the quarter ended December 31, 2022 (the "2022 Quarter"). ARLP unitholders will receive a cash distribution for the 2022 Quarter of $0.70 per unit (an annualized rate of $2.80 per unit), payable on February 14, 2023 to all unitholders of record as of the close of trading on February 7, 2023. The announced distribution represents a 180% increase over the cash distribution of $0.25 per unit for the quarter ended December 31, 2021 and a 40% increase over the cash distribution of $0.50 per unit for the quarter ended September 30, 2022.
お知らせ • Jan 17Alliance Resource Partners, L.P. to Report Q4, 2022 Results on Jan 30, 2023Alliance Resource Partners, L.P. announced that they will report Q4, 2022 results Pre-Market on Jan 30, 2023
お知らせ • Dec 09+ 1 more updateAlliance Resource Partners, L.P. Announces Chief Financial Officer ChangesAlliance Resource Partners, L.P. announced that the Board of Directors of its general partner, Alliance Resource Management GP, LLC, has appointed Cary P. Marshall as Chief Financial Officer effective April 1, 2023. The appointment follows the Partnership’s previously announced retirement and succession plan for Brian L. Cantrell, current Chief Financial Officer. Mr. Cantrell will remain with Alliance through March 31, 2023, to facilitate an orderly transition. Mr. Marshall has served as Alliance's Vice President, Corporate Finance and Treasurer since May 2003. Mr. Marshall joined Alliance’s predecessor entity, MAPCO Inc., in 1989 and has since held multiple positions across corporate finance and marketing. Mr. Marshall is an alumnus of Southern Methodist University, where he received a Bachelor of Business Administration degree and a Master of Business Administration degree.
Price Target Changed • Nov 16Price target increased to US$27.42Up from US$24.08, the current price target is an average from 3 analysts. New target price is 24% above last closing price of US$22.19. Stock is up 116% over the past year. The company is forecast to post earnings per share of US$4.18 for next year compared to US$1.36 last year.
Reported Earnings • Oct 31Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: US$1.29 (up from US$0.44 in 3Q 2021). Revenue: US$628.4m (up 51% from 3Q 2021). Net income: US$164.6m (up 195% from 3Q 2021). Profit margin: 26% (up from 13% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 5.9% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 24% per year.
お知らせ • Oct 29Alliance Resource Partners, L.P. Increases Quarterly Distribution for the Quarter Ended September 30, 2022Alliance Resource Partners, L.P. announced that the Board of Directors of ARLP’s general partner approved an increased cash distribution to its unitholders for the quarter ended September 30, 2022 (the "2022 Quarter"). ARLP unitholders will receive a cash distribution for the 2022 Quarter of $0.50 per unit (an annualized rate of $2.00 per unit), payable on November 14, 2022 to all unitholders of record as of the close of trading on November 7, 2022. The announced distribution represents a 150.0% increase over the cash distribution of $0.20 per unit for the quarter ended September 30, 2021 and a 25.0% increase over the cash distribution of $0.40 per unit for the quarter ended June 30, 2022.
お知らせ • Oct 18Alliance Resource Partners, L.P. to Report Q3, 2022 Results on Oct 31, 2022Alliance Resource Partners, L.P. announced that they will report Q3, 2022 results Pre-Market on Oct 31, 2022
