Alliance Resource Partners, L.P. produces and markets coal primarily to utilities and industrial users in the United States. The company operates through two segments, Illinois Basin and Appalachia. It produces a range of steam and metallurgical coal with sulfur and heat contents. The company operates eight underground mining complexes in Illinois, Indiana, Kentucky, Maryland, and West Virginia. It also leases land and operates a coal loading terminal on the Ohio River at Mt. Vernon, Indiana; and buys and resells coal, as well as owns equity interests in various oil and gas mineral interests and gas compression services located within producing basins in the continental United States. In addition, the company offers various industrial and mining technology products and services, such as miner and equipment tracking systems, and proximity detection systems. As of December 31, 2017, it had approximately 1.67 billion tons of proven and probable coal reserves in Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. Alliance Resource Management GP, LLC serves as the general partner of the company. The company was founded in 1971 and is headquartered in Tulsa, Oklahoma. Alliance Resource Partners, L.P. is a subsidiary of Alliance Holdings GP, L.P.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Bituminous coal & lignite - surface mining
Sub-IndustryN/A
SectorOils/Energy
SymbolNASDAQ:ARLP
CUSIPN/A
Phone918-295-7600
Debt
Debt-to-Equity Ratio0.35
Current Ratio1.15
Quick Ratio0.82
Price-To-Earnings
Trailing P/E Ratio6.46
Forward P/E Ratio7.54
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.80 billion
Price / Sales1.35
Cash Flow$4.5466 per share
Price / Cash4.08
Book Value$8.81 per share
Price / Book2.11
Profitability
EPS (Most Recent Fiscal Year)$2.87
Net Income$303.63 million
Net Margins19.79%
Return on Equity23.79%
Return on Assets12.66%
Miscellaneous
Employees3,321
Outstanding Shares130,700,000
Market Cap$2,355.94
Alliance Resource Partners (NASDAQ:ARLP) Frequently Asked Questions
What is Alliance Resource Partners' stock symbol?
Alliance Resource Partners trades on the NASDAQ under the ticker symbol "ARLP."
How often does Alliance Resource Partners pay dividends? What is the dividend yield for Alliance Resource Partners?
Alliance Resource Partners announced a quarterly dividend on Monday, April 30th. Stockholders of record on Tuesday, May 8th will be given a dividend of $0.515 per share on Tuesday, May 15th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 11.11%. The ex-dividend date of this dividend is Monday, May 7th. This is an increase from Alliance Resource Partners's previous quarterly dividend of $0.51. View Alliance Resource Partners' Dividend History.
When did Alliance Resource Partners' stock split? How did Alliance Resource Partners' stock split work?
Alliance Resource Partners's stock split before market open on Tuesday, June 17th 2014. The 2-1 split was announced on Monday, April 28th 2014. The newly created shares were distributed to shareholders after the closing bell on Monday, June 16th 2014. An investor that had 100 shares of Alliance Resource Partners stock prior to the split would have 200 shares after the split.
How will Alliance Resource Partners' stock buyback program work?
Alliance Resource Partners declared that its Board of Directors has authorized a share repurchase program on Thursday, May 31st 2018, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 3.9% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its shares are undervalued.
How were Alliance Resource Partners' earnings last quarter?
Alliance Resource Partners, L.P. (NASDAQ:ARLP) released its earnings results on Monday, April, 30th. The energy company reported $1.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.56 by $0.60. The energy company had revenue of $457.10 million for the quarter, compared to the consensus estimate of $459.48 million. Alliance Resource Partners had a return on equity of 23.79% and a net margin of 19.79%. Alliance Resource Partners's revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.10 earnings per share. View Alliance Resource Partners' Earnings History.
When is Alliance Resource Partners' next earnings date?
What price target have analysts set for ARLP?
5 analysts have issued 1 year price objectives for Alliance Resource Partners' shares. Their forecasts range from $20.00 to $30.00. On average, they anticipate Alliance Resource Partners' stock price to reach $24.80 in the next year. This suggests a possible upside of 33.7% from the stock's current price. View Analyst Ratings for Alliance Resource Partners.
What is the consensus analysts' recommendation for Alliance Resource Partners?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alliance Resource Partners in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
What are Wall Street analysts saying about Alliance Resource Partners stock?
Here are some recent quotes from research analysts about Alliance Resource Partners 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. " (7/3/2018)
- 2. FBR & Co analysts commented, "ARLP reported a 3Q17 miss, with adjusted EBITDA of $142.2 million, versus consensus of $155.9M. The miss came from lower coal sales prompted by adverse geological conditions at the Hamilton Mine following a longwall move. Although, the quarter was impacted operationally from the isolated incident at Hamilton, when adjusting for the roof fall earnings would have been almost in line with consensus. Now that Hamilton is back to full capacity, management believes the company is still on target to hit all guidance figures for 2017. Looking forward to 2018, Alliance is currently ~70% contracted and is booked to sell 2.5M tons into the strong export market. If the partnership is able to maintain export thermal coal volumes at 5.4M tons in 2018, management might see the ability to raise production next year. Margins could also stay near 2017 levels as prices and costs per ton are both expected to decline by about 2%-5%. Importantly, in combination this suggests that EBITDA could potentially be higher in 2018 than in 2017, which would further bolster ARLP’s already solid distribution coverage of 1.8x." (10/31/2017)
Are investors shorting Alliance Resource Partners?
Alliance Resource Partners saw a decline in short interest in the month of June. As of June 15th, there was short interest totalling 1,078,147 shares, a decline of 49.2% from the May 31st total of 2,122,543 shares. Based on an average daily volume of 581,479 shares, the short-interest ratio is currently 1.9 days. Currently, 1.0% of the company's stock are sold short. View Alliance Resource Partners' Current Options Chain.
Who are some of Alliance Resource Partners' key competitors?
Who are Alliance Resource Partners' key executives?
Alliance Resource Partners' management team includes the folowing people:
- Mr. Joseph W. Craft III, Pres, CEO & Director of Alliance Resource Management GP, LLC (Age 67)
- Mr. Brian L. Cantrell, Sr. VP & CFO of Alliance Resource Management GP, LLC (Age 58)
- Mr. Thomas M. Wynne, Sr. VP & COO of Alliance Resource Management GP, LLC (Age 61)
- Mr. R. Eberley Davis, Sr. VP, Gen. Counsel & Sec. of Alliance Resource Management GP, LLC (Age 60)
- Mr. Robert G. Sachse, Exec. VP of Alliance Resource Management GP, LLC (Age 69)
Has Alliance Resource Partners been receiving favorable news coverage?
Headlines about ARLP stock have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Alliance Resource Partners earned a coverage optimism score of 0.15 on Accern's scale. They also assigned media coverage about the energy company an impact score of 46.43 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are Alliance Resource Partners' major shareholders?
Alliance Resource Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.80%), Selz Capital LLC (0.44%) and Adams Asset Advisors LLC (0.27%). Company insiders that own Alliance Resource Partners stock include John P Neafsey and Robert J Fouch. View Institutional Ownership Trends for Alliance Resource Partners.
Which institutional investors are buying Alliance Resource Partners stock?
How do I buy shares of Alliance Resource Partners?
Shares of ARLP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Alliance Resource Partners' stock price today?
One share of ARLP stock can currently be purchased for approximately $18.55.
How big of a company is Alliance Resource Partners?
Alliance Resource Partners has a market capitalization of $2.36 billion and generates $1.80 billion in revenue each year. The energy company earns $303.63 million in net income (profit) each year or $2.87 on an earnings per share basis. Alliance Resource Partners employs 3,321 workers across the globe.
How can I contact Alliance Resource Partners?
Alliance Resource Partners' mailing address is 1717 SOUTH BOULDER AVENUE, TULSA OK, 74119. The energy company can be reached via phone at 918-295-7600 or via email at [email protected]
MarketBeat Community Rating for Alliance Resource Partners (NASDAQ ARLP)
MarketBeat's community ratings are surveys of what our community members think about Alliance Resource Partners and other stocks. Vote "Outperform" if you believe ARLP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ARLP will underperform the S&P 500 over the long term. You may vote once every thirty days.
