Alliance Resource Partners
Market Cap
US$760.6m
Last Updated
2021/03/01 00:22 UTC
Data Sources
Company Financials +
Executive Summary
Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Fair value with moderate growth potential.
Similar Companies
Share Price & News
How has Alliance Resource Partners's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ARLP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: ARLP's weekly volatility has decreased from 17% to 8% over the past year.
Market Performance
7 Day Return
-5.1%
ARLP
3.0%
US Oil and Gas
-3.6%
US Market
1 Year Return
-11.3%
ARLP
4.9%
US Oil and Gas
36.5%
US Market
Return vs Industry: ARLP underperformed the US Oil and Gas industry which returned 4.9% over the past year.
Return vs Market: ARLP underperformed the US Market which returned 36.4% over the past year.
Shareholder returns
| ARLP | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.1% | 3.0% | -3.6% |
| 30 Day | 18.9% | 18.5% | 2.7% |
| 90 Day | 32.9% | 29.7% | 7.5% |
| 1 Year | -11.3%-11.3% | 12.2%4.9% | 39.5%36.5% |
| 3 Year | -56.9%-66.6% | -14.0%-26.1% | 53.5%43.6% |
| 5 Year | -25.4%-52.0% | 1.9%-18.1% | 117.5%93.2% |
Long-Term Price Volatility Vs. Market
How volatile is Alliance Resource Partners's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall St
Could Alliance Resource Partners LP's (NASDAQ:ARLP) Investor Composition Impacts Your Returns?2 years ago | Simply Wall St
Can Alliance Resource Partners LP (NASDAQ:ARLP) Save Your Portfolio?2 years ago | Simply Wall St
Should You Expect Alliance Resource Partners LP (NASDAQ:ARLP) To Continue Delivering An ROE Of 28.62%?Valuation
Is Alliance Resource Partners undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ARLP ($5.98) is trading below our estimate of fair value ($15.78)
Significantly Below Fair Value: ARLP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ARLP is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: ARLP is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ARLP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ARLP is good value based on its PB Ratio (0.7x) compared to the US Oil and Gas industry average (1.4x).
Next Steps
Future Growth
How is Alliance Resource Partners forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
57.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ARLP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: ARLP is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ARLP's is expected to become profitable in the next 3 years.
Revenue vs Market: ARLP's revenue (2.4% per year) is forecast to grow slower than the US market (10.4% per year).
High Growth Revenue: ARLP's revenue (2.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ARLP's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Alliance Resource Partners performed over the past 5 years?
-10.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ARLP is currently unprofitable.
Growing Profit Margin: ARLP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ARLP is unprofitable, and losses have increased over the past 5 years at a rate of 10.9% per year.
Accelerating Growth: Unable to compare ARLP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ARLP is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-38.8%).
Return on Equity
High ROE: ARLP has a negative Return on Equity (-12.04%), as it is currently unprofitable.
Next Steps
Financial Health
How is Alliance Resource Partners's financial position?
Financial Position Analysis
Short Term Liabilities: ARLP's short term assets ($245.8M) exceed its short term liabilities ($214.6M).
Long Term Liabilities: ARLP's short term assets ($245.8M) do not cover its long term liabilities ($879.1M).
Debt to Equity History and Analysis
Debt Level: ARLP's debt to equity ratio (49.6%) is considered high.
Reducing Debt: ARLP's debt to equity ratio has reduced from 82.9% to 49.6% over the past 5 years.
Debt Coverage: ARLP's debt is well covered by operating cash flow (75.3%).
Interest Coverage: ARLP is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Alliance Resource Partners's current dividend yield, its reliability and sustainability?
12.26%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ARLP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ARLP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ARLP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ARLP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ARLP is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ARLP's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
11.9yrs
Average management tenure
CEO
Joe Craft (69 yo)
21.5yrs
Tenure
US$1
Compensation
Mr. Joseph W. Craft, III, also known as Joe has the been the President and Chief Executive Officer of Alliance Resource Management GP LLC, Managing General Partner at Alliance Resource Partners L.P. since ...
CEO Compensation Analysis
Compensation vs Market: Joe's total compensation ($USD1.00) is below average for companies of similar size in the US market ($USD2.28M).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 21.5yrs | US$1.00 | 15.31% $ 116.5m | |
| Senior VP & CFO of Alliance Resource Management GP | 17.33yrs | US$1.54m | 0.15% $ 1.1m | |
| Senior VP & COO of Alliance Resource Management GP | 11.92yrs | US$2.19m | 0.90% $ 6.9m | |
| Senior VP | 14yrs | US$1.94m | 0.11% $ 838.1k | |
| Executive VP & Director of Alliance Resource Management GP | 12.08yrs | no data | 1.88% $ 14.3m | |
| Senior VP & Chief Strategic Officer of Alliance Resource Management GP | 1.17yrs | US$2.78m | no data | |
| VP, Controller & Chief Accounting Officer of Alliance Resource Management GP | 2yrs | no data | 0.036% $ 276.9k | |
| VP of Corporate Finance & Treasurer | no data | no data | no data | |
| Vice President of Public Affairs - Alliance Resource Management GP LLC | 3.67yrs | no data | no data | |
| Executive Vice President of Alliance Resource Management GP | 20.5yrs | US$1.22m | 0.16% $ 1.2m | |
| Vice President of Information Technology Services | no data | no data | no data | |
| Senior Vice President of Sales & Marketing of Alliance Coal | no data | US$1.28m | 0.052% $ 392.3k |
11.9yrs
Average Tenure
62yo
Average Age
Experienced Management: ARLP's management team is seasoned and experienced (11.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 21.5yrs | US$1.00 | 15.31% $ 116.5m | |
| Executive VP & Director of Alliance Resource Management GP | 12.08yrs | no data | 1.88% $ 14.3m | |
| Independent Director of Alliance Resource Management GP | 2.08yrs | US$180.01k | 0.020% $ 153.3k | |
| Independent Director of Alliance Resource Management GP | 21.17yrs | US$176.00k | 0.015% $ 110.4k | |
| Independent Director of Alliance Resource Management GP | 5.83yrs | US$166.00k | 0.016% $ 119.6k | |
| Independent Director of Alliance Resource Management GP | 14.08yrs | US$199.29k | 0.032% $ 241.6k |
9.0yrs
Average Tenure
70.5yo
Average Age
Experienced Board: ARLP's board of directors are considered experienced (9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Alliance Resource Partners, L.P.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Alliance Resource Partners, L.P.
- Ticker: ARLP
- Exchange: NasdaqGS
- Founded: 1971
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: US$760.627m
- Shares outstanding: 127.20m
- Website: https://www.arlp.com
Number of Employees
Location
- Alliance Resource Partners, L.P.
- 1717 South Boulder Avenue
- Suite 400
- Tulsa
- Oklahoma
- 74119
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ARLP | NasdaqGS (Nasdaq Global Select) | Yes | Common Units | US | USD | Aug 1999 |
| AR6 | DB (Deutsche Boerse AG) | Yes | Common Units | DE | EUR | Aug 1999 |
Biography
Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company operates through three segm...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/01 00:22 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.