Alliance Resource Partners, L.P. Company Profile (NASDAQ:ARLP)

Alliance Resource Partners, L.P. trades on the NASDAQ under the ticker symbol "ARLP."

Alliance Resource Partners, L.P. announced a quarterly dividend on Friday, July 28th. Shareholders of record on Monday, August 7th will be paid a dividend of $0.50 per share on Monday, August 14th. This represents a $2.00 annualized dividend and a yield of 10.53%. The ex-dividend date of this dividend is Thursday, August 3rd. This is an increase from Alliance Resource Partners, L.P.'s previous quarterly dividend of $0.44. View Alliance Resource Partners, L.P.'s Dividend History.

Alliance Resource Partners, L.P. shares split before market open on Tuesday, June 17th 2014. The 2-1 split was announced on Monday, April 28th 2014. The newly minted shares were payable to shareholders after the market closes on Monday, June 16th 2014. An investor that had 100 shares of Alliance Resource Partners, L.P. stock prior to the split would have 200 shares after the split.

Alliance Resource Partners, L.P. (NASDAQ:ARLP) posted its quarterly earnings data on Monday, July, 31st. The company reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.80 by $0.09. The company had revenue of $398.72 million for the quarter, compared to analyst estimates of $447.68 million. Alliance Resource Partners, L.P. had a net margin of 19.47% and a return on equity of 34.60%. The company's quarterly revenue was down 9.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.82 EPS. View Alliance Resource Partners, L.P.'s Earnings History.

Alliance Resource Partners, L.P. is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Alliance Resource Partners, L.P..

4 analysts have issued 1-year price objectives for Alliance Resource Partners, L.P.'s stock. Their predictions range from $25.00 to $29.00. On average, they expect Alliance Resource Partners, L.P.'s stock price to reach $27.75 in the next year. View Analyst Ratings for Alliance Resource Partners, L.P..

Here are some recent quotes from research analysts about Alliance Resource Partners, L.P. stock:

• 1. According to Zacks Investment Research, "ALLIANCE RESOURCES is a diversified producer and marketer of coal to major U.S. utilities and industrial users. They currently operate mining complexes in Illinois, Indiana, Kentucky and Maryland. Some of their mining complexes are underground and one has both surface and underground mines. They produce a diverse range of steam coals with varying sulfur and heat contents, which enable them to satisfy the broad range of specifications demanded by their customers. " (8/25/2017)
• 2. Hilliard Lyons analysts commented, "Given the firming outlook of both the sector and ARLP, we are raising our rating from Neutral toLong'term Buy with a 24'month target price of $28." (2/1/2017)
• 3. FBR & Co analysts commented, "On January 30, ARLP reported a 4Q16 beat, with adjusted EBITDA of $209M, versus consensus' estimate of $177M; against our estimates, costs performed exceedingly well over the quarter. The 2017 guidance targets coal production of 37.9M'38.9M tons and coal sales of 37.9M'39.2M tons, including 167,000 tons of met coal sold for export. Altogether, ARLP anticipates revenues (excluding transportation) of $1.71B' $1.78B, EBITDA of $550M'$615M, and net income of $250M'$315M. Our prior EBITDA estimate for ARLP was $512M on slightly lower sales and relatively higher cost estimates, versus the company's new guidance. At the midpoint of its current EBITDA guidance, ARLP estimates 2017 distributable cash flow of ~$379M, which would be a distribution coverage of ~1.8x at current distribution levels. The company stated that it was 'hopeful' it would return to quarterly distribution increases once more. Overall, we were impressed by ARLP's 4Q16 beat and positive on its continuing cost-saving measures, as well as the more positive outlook over 2017. We maintain our Outperform rating, with an updated price target of $29, up from $28." (1/31/2017)

Some companies that are related to Alliance Resource Partners, L.P. include CONSOL Energy (CNX), Alliance Holdings GP, L.P. (AHGP), Foresight Energy LP (FELP), Natural Resource Partners LP (NRP), Cloud Peak Energy (CLD), CNX Coal Resources LP (CNXC), Hallador Energy Company (HNRG), Hargreaves Services plc (HSP), Coal of Africa Limited (CZA), Westmoreland Coal Company (WLB), Ncondezi Energy Ltd (NCCL), Edenville Energy PLC (EDL), Altona Energy Plc (ANR), Beacon Hill Resources Plc. (BHR), Churchill Mining Plc (CHL) and New World Resources PLC (NWR).

Alliance Resource Partners, L.P.'s management team includes the folowing people:

• John P. Neafsey, Independent Chairman of the Board of General Partner
• Joseph W. Craft III, President, Chief Executive Officer, Director of General Partner
• Brian L. Cantrell CPA, Chief Financial Officer, Senior Vice President of General Partner
• Thomas M. Wynne, Chief Operating Officer, Senior Vice President of General Partner
• Robert G. Sachse, Executive Vice President - Coal Marketing, Sales and Transportation of General Partner
• Charles R. Wesley III, Executive Vice President, Director of General Partner
• R. Eberley Davis, Senior Vice President, General Counsel, Secretary of General Partner
• Nicholas N. Carter, Independent Director of General Partner
• John H. Robinson, Independent Director of General Partner
• Wilson M. Torrence, Independent Director of General Partner

Alliance Resource Partners, L.P.'s stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Acadian Asset Management LLC (2.14%), Principal Financial Group Inc. (2.02%), Magnolia Group LLC (1.46%), Goldman Sachs Group Inc. (0.00%), JPMorgan Chase & Co. (1.00%) and Arrowstreet Capital Limited Partnership (0.00%). Company insiders that own Alliance Resource Partners, L.P. stock include John P Neafsey and Robert J Fouch. View Institutional Ownership Trends for Alliance Resource Partners, L.P..

Alliance Resource Partners, L.P.'s stock was sold by a variety of institutional investors in the last quarter, including ANTIPODES PARTNERS Ltd, Bessemer Group Inc., GSA Capital Partners LLP, JPMorgan Chase & Co., Van ECK Associates Corp, Advisor Group Inc., Airain ltd and Virtu KCG Holdings LLC. View Insider Buying and Selling for Alliance Resource Partners, L.P..

Alliance Resource Partners, L.P.'s stock was bought by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Arrowstreet Capital Limited Partnership, Acadian Asset Management LLC, Goldman Sachs Group Inc., Foundry Partners LLC, Marshall Wace North America L.P., Bank of Montreal Can and Russell Investments Group Ltd.. View Insider Buying and Selling for Alliance Resource Partners, L.P..

Shares of Alliance Resource Partners, L.P. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Alliance Resource Partners, L.P. stock can currently be purchased for approximately $19.00.