NasdaqGS:ARLPOil and Gas
Is Alliance Resource Partners (ARLP) Still Attractive After A 7x Five Year Return?
Wondering whether Alliance Resource Partners is offering good value at its current price, or if most of the easy gains are already behind it.
The unit price recently closed at US$25.11, with returns of 2.7% over the past week, 7.5% over the past month, 7.8% year to date, a 0.2% decline over the last year, and a gain of 69.2% over three years, while the five year return is very large at roughly 7x.
Recent coverage of coal and broader energy markets has focused on shifting demand expectations...