NasdaqGS:ARLP

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Alliance Resource Partners

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


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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

27.8%

ARLP

-1.1%

US Oil and Gas

-1.1%

US Market


1 Year Return

-73.2%

ARLP

-47.4%

US Oil and Gas

15.6%

US Market

Return vs Industry: ARLP underperformed the US Oil and Gas industry which returned -45.8% over the past year.

Return vs Market: ARLP underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

ARLPIndustryMarket
7 Day27.8%-1.1%-1.1%
30 Day17.1%-0.04%4.2%
90 Day2.4%-17.9%6.3%
1 Year-70.8%-73.2%-44.2%-47.4%18.2%15.6%
3 Year-77.2%-83.2%-47.3%-54.2%39.6%30.4%
5 Year-73.7%-84.4%-46.5%-56.8%79.5%59.2%

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

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 ($3.36) is trading below our estimate of fair value ($10.91)

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 (0.4x) compared to the US Oil and Gas industry average (0.8x).


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?

100.8%

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 (2.2%).

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 (5.5% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: ARLP's revenue (5.5% 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?

-3.9%

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 3.9% 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 (-35%).


Return on Equity

High ROE: ARLP has a negative Return on Equity (-13.13%), 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 ($243.1M) do not cover its short term liabilities ($253.4M).

Long Term Liabilities: ARLP's short term assets ($243.1M) do not cover its long term liabilities ($925.2M).


Debt to Equity History and Analysis

Debt Level: ARLP's debt to equity ratio (62.7%) is considered high.

Reducing Debt: ARLP's debt to equity ratio has reduced from 90.5% to 62.7% over the past 5 years.

Debt Coverage: ARLP's debt is well covered by operating cash flow (60.3%).

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?

19.84%

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?

11.6yrs

Average management tenure


CEO

Joe Craft (69 yo)

21.17yrs

Tenure

US$12,963

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 ($USD12.96K) is below average for companies of similar size in the US market ($USD1.93M).

Compensation vs Earnings: Joe's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Joseph Craft
Chairman21.17yrsUS$12.96k15.31%
$ 65.4m
Brian Cantrell
Senior VP & CFO of Alliance Resource Management GP17yrsUS$1.11m0.15%
$ 636.1k
Thomas Wynne
Senior VP & COO of Alliance Resource Management GP11.58yrsUS$1.53m0.89%
$ 3.8m
R. Davis
Senior VP13.67yrsUS$1.38m0.11%
$ 470.9k
Charles Wesley
Executive VP & Director of Alliance Resource Management GP11.75yrsno data1.88%
$ 8.0m
Kirk Tholen
Senior VP & Chief Strategic Officer of Alliance Resource Management GP0.83yrUS$1.67mno data
Robert Fouch
VP, Controller & Chief Accounting Officer of Alliance Resource Management GP1.67yrsno data0.036%
$ 155.6k
Cary Marshall
VP of Corporate Finance & Treasurerno datano datano data
Heath Lovell
Vice President of Public Affairs - Alliance Resource Management GP LLC3.33yrsno datano data
Robert Sachse
Executive Vice President of Alliance Resource Management GP20.17yrsUS$1.22m0.16%
$ 684.6k
David Gilbert
Vice President of Information Technology Servicesno datano datano data
Timothy Whelan
Senior Vice President of Sales & Marketing of Alliance Coalno dataUS$1.28m0.052%
$ 220.4k

11.6yrs

Average Tenure

62yo

Average Age

Experienced Management: ARLP's management team is seasoned and experienced (11.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Joseph Craft
Chairman21.17yrsUS$12.96k15.31%
$ 65.4m
Charles Wesley
Executive VP & Director of Alliance Resource Management GP11.75yrsno data1.88%
$ 8.0m
Robert Druten
Independent Director of Alliance Resource Management GP1.75yrsUS$187.58k0.020%
$ 86.1k
John Robinson
Independent Director of Alliance Resource Management GP20.83yrsUS$176.00k0.015%
$ 62.0k
Nick Carter
Independent Director of Alliance Resource Management GP5.5yrsUS$166.00k0.016%
$ 67.2k
Wilson Torrence
Independent Director of Alliance Resource Management GP13.75yrsUS$213.03k0.032%
$ 135.7k

8.6yrs

Average Tenure

70.5yo

Average Age

Experienced Board: ARLP's board of directors are considered experienced (8.6 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$427.376m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ARLPNasdaqGS (Nasdaq Global Select)YesCommon UnitsUSUSDAug 1999
AR6DB (Deutsche Boerse AG)YesCommon UnitsDEEURAug 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 23:44
End of Day Share Price2020/10/26 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.