Alliance Resource Partners (NASDAQ:ARLP) Issues Earnings Results

Alliance Resource Partners (NASDAQ:ARLP - Get Free Report) posted its quarterly earnings data on Monday, April 27th. The energy company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.35 by ($0.28), FiscalAI reports. Alliance Resource Partners had a return on equity of 16.75% and a net margin of 11.35%.The company had revenue of $516.02 million for the quarter, compared to analysts' expectations of $518.24 million.

Here are the key takeaways from Alliance Resource Partners' conference call:

• Adjusted EBITDA was $155 million (above internal expectations) but net income fell to $9.1 million ($0.07/unit) versus $74 million a year ago, driven by lower coal sales revenue, higher depreciation, a $11.6 million drop in digital-asset fair value and a $37.8 million impairment after ceasing longwall production at Mettiki.
• The company is maintaining 2026 guidance for coal sales volumes, prices and segment EBITDA/ton, expects planned longwall moves to be completed (better visibility in H2) and anticipates recovering ~200,000 tons of weather‑delayed shipments over the year.
• Oil and gas royalties delivered a record quarter—1.0M BOE (up 16.1%), $41.3 million in revenue (up 14.6%) and segment adjusted EBITDA of $34.6 million—leading management to raise 2026 BOE volume guidance by ~5% and expect stronger realized BOE pricing if current strip holds.
• Balance sheet remains healthy with $507.7 million of debt, net leverage ~0.69x, and total liquidity of $431.2 million (including 618 BTC valued at $42.2M); distributable cash flow was $77.8 million and distribution coverage was 1.0x for the quarter.

Alliance Resource Partners Stock Down 2.7%

Shares of Alliance Resource Partners stock traded down $0.70 during trading hours on Friday, reaching $24.85. 346,489 shares of the company's stock were exchanged, compared to its average volume of 425,035. The company has a 50 day moving average of $26.86 and a two-hundred day moving average of $25.22. Alliance Resource Partners has a fifty-two week low of $22.20 and a fifty-two week high of $29.45. The stock has a market cap of $3.20 billion, a P/E ratio of 13.08 and a beta of 0.26. The company has a current ratio of 2.10, a quick ratio of 1.41 and a debt-to-equity ratio of 0.23.

Alliance Resource Partners Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, May 8th will be issued a dividend of $0.60 per share. The ex-dividend date is Friday, May 8th. This represents a $2.40 annualized dividend and a yield of 9.7%. Alliance Resource Partners's dividend payout ratio is presently 126.32%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ARLP. Smartleaf Asset Management LLC bought a new position in Alliance Resource Partners in the 4th quarter valued at about $35,000. IFC & Insurance Marketing Inc. bought a new stake in shares of Alliance Resource Partners during the fourth quarter worth approximately $35,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Alliance Resource Partners by 135.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,523 shares of the energy company's stock valued at $39,000 after purchasing an additional 875 shares during the last quarter. Triumph Capital Management bought a new position in shares of Alliance Resource Partners during the third quarter worth approximately $46,000. Finally, US Bancorp DE increased its stake in shares of Alliance Resource Partners by 28.5% during the third quarter. US Bancorp DE now owns 2,570 shares of the energy company's stock worth $65,000 after purchasing an additional 570 shares during the period. 18.11% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Zacks Research raised shares of Alliance Resource Partners from a "strong sell" rating to a "hold" rating in a research report on Friday, April 24th. Wall Street Zen cut shares of Alliance Resource Partners from a "buy" rating to a "hold" rating in a research report on Saturday, April 4th. Weiss Ratings downgraded Alliance Resource Partners from a "buy (b-)" rating to a "hold (c)" rating in a report on Monday, March 16th. Finally, Benchmark restated a "buy" rating on shares of Alliance Resource Partners in a research note on Tuesday, February 3rd. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $30.00.

Alliance Resource Partners Company Profile

Alliance Resource Partners, L.P. NASDAQ: ARLP is a Tulsa, Oklahoma–based master limited partnership engaged in the production, marketing and transportation of bituminous coal. Through its subsidiaries, the company develops, owns and operates surface and underground coal mines, providing fuel primarily for electric power generation and various industrial applications. Alliance's integrated business model covers the extraction of raw coal, processing at preparation plants and delivery to domestic and export customers.

The partnership operates multiple mining complexes across Illinois, Indiana, Kentucky and West Virginia.