Representative Virginia Foxx (R-North Carolina) recently bought shares of Alliance Resource Partners, L.P. NASDAQ: ARLP. In a filing disclosed on June 03rd, the Representative disclosed that they had bought between $1,001 and $15,000 in Alliance Resource Partners stock on May 15th.
Representative Virginia Foxx also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Hercules Capital NYSE: HTGC on 5/20/2025.
- Purchased $1,001 - $15,000 in shares of Ellington Financial NYSE: EFC on 3/31/2025.
- Sold $15,001 - $50,000 in shares of Alliance Resource Partners NASDAQ: ARLP on 3/7/2025.
- Sold $50,001 - $100,000 in shares of Energy Transfer NYSE: ET on 3/7/2025.
- Sold $50,001 - $100,000 in shares of Pembina Pipeline NYSE: PBA on 3/7/2025.
- Sold $15,001 - $50,000 in shares of FLEX LNG NYSE: FLNG on 3/7/2025.
- Purchased $1,001 - $15,000 in shares of Hercules Capital NYSE: HTGC on 3/5/2025.
Alliance Resource Partners Stock Up 0.2%
NASDAQ ARLP traded up $0.04 during mid-day trading on Friday, reaching $25.75. The stock had a trading volume of 150,417 shares, compared to its average volume of 346,238. Alliance Resource Partners, L.P. has a 1 year low of $22.18 and a 1 year high of $30.56. The stock has a market cap of $3.31 billion, a PE ratio of 9.33 and a beta of 0.56. The company has a fifty day moving average price of $26.40 and a 200 day moving average price of $26.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.36 and a quick ratio of 1.69.
Alliance Resource Partners (NASDAQ:ARLP - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The energy company reported $0.60 earnings per share for the quarter, missing analysts' consensus estimates of $0.63 by ($0.03). The firm had revenue of $540.47 million during the quarter, compared to analysts' expectations of $556.31 million. Alliance Resource Partners had a return on equity of 19.09% and a net margin of 14.74%. On average, research analysts expect that Alliance Resource Partners, L.P. will post 2.72 earnings per share for the current year.
Alliance Resource Partners Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Thursday, May 8th were issued a $0.70 dividend. The ex-dividend date of this dividend was Thursday, May 8th. This represents a $2.80 dividend on an annualized basis and a yield of 10.87%. Alliance Resource Partners's payout ratio is currently 132.08%.
Insider Buying and Selling
In related news, SVP Timothy J. Whelan sold 50,000 shares of the stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $25.13, for a total value of $1,256,500.00. Following the sale, the senior vice president now directly owns 93,850 shares of the company's stock, valued at $2,358,450.50. This represents a 34.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 16.80% of the stock is currently owned by corporate insiders.
Institutional Trading of Alliance Resource Partners
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Progeny 3 Inc. raised its position in Alliance Resource Partners by 1.3% in the 4th quarter. Progeny 3 Inc. now owns 2,942,211 shares of the energy company's stock worth $77,351,000 after purchasing an additional 38,030 shares during the period. Jackson Hole Capital Partners LLC raised its position in Alliance Resource Partners by 7.3% in the 1st quarter. Jackson Hole Capital Partners LLC now owns 2,098,619 shares of the energy company's stock worth $57,250,000 after purchasing an additional 142,071 shares during the period. JPMorgan Chase & Co. raised its position in Alliance Resource Partners by 2.5% in the 4th quarter. JPMorgan Chase & Co. now owns 1,815,453 shares of the energy company's stock worth $47,728,000 after purchasing an additional 44,636 shares during the period. Recurrent Investment Advisors LLC raised its position in Alliance Resource Partners by 0.5% in the 4th quarter. Recurrent Investment Advisors LLC now owns 1,151,070 shares of the energy company's stock worth $30,262,000 after purchasing an additional 5,925 shares during the period. Finally, Raymond James Financial Inc. raised its position in Alliance Resource Partners by 0.3% in the 1st quarter. Raymond James Financial Inc. now owns 555,667 shares of the energy company's stock worth $15,159,000 after purchasing an additional 1,697 shares during the period. 18.11% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on ARLP. Wall Street Zen upgraded shares of Alliance Resource Partners from a "hold" rating to a "buy" rating in a research note on Sunday, May 4th. Benchmark reissued a "buy" rating and set a $29.00 price objective on shares of Alliance Resource Partners in a report on Tuesday, April 29th.
Read Our Latest Research Report on Alliance Resource Partners
About Representative Foxx
Virginia Foxx (Republican Party) is a member of the U.S. House, representing North Carolina's 5th Congressional District. She assumed office on January 3, 2005. Her current term ends on January 3, 2027.
Foxx (Republican Party) ran for re-election to the U.S. House to represent North Carolina's 5th Congressional District. She won in the general election on November 5, 2024.
Foxx was born in New York, New York. She earned a B.A. and M.A.C.T. from the University of North Carolina, Chapel Hill, in 1968 and 1972, respectively, and an Ed.D. from the University of North Carolina, Greensboro, in 1985.
Foxx worked as an instructor at Caldwell Community College in Hudson, NC, and an instructor and assistant dean at Appalachian State University in Boone, NC. She owned a landscape nursery and served as Deputy Secretary for Management at the North Carolina Department of Administration.
Alliance Resource Partners Company Profile
(
Get Free Report)
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 four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties.
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