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Alliance Resource Partners LP - $ARLP STOCK NEWS

Welcome to our dedicated page for Alliance Resource Partners LP news (Ticker: $ARLP), a resource for investors and traders seeking the latest updates and insights on Alliance Resource Partners LP stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Alliance Resource Partners LP's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Alliance Resource Partners LP's position in the market.

Rhea-AI Summary
Infinitum, creator of sustainable air-core motors, has announced $185 million in Series E funding. The funds will be used to expand the company and increase production to meet customer demand and drive decarbonization in the industrial sector. Infinitum's motors have the potential to save 127 terawatt-hours per year, translating into cost savings of $14.7 billion and reductions of 90.2 MMT of CO2 for the US industrial and commercial sectors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.85%
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Rhea-AI Summary
Alliance Resource Partners, L.P. (NASDAQ: ARLP) reported financial and operating results for the quarter ended September 30, 2023. Total revenues increased slightly to $636.5 million. Net income was $153.7 million. EBITDA was $227.6 million. Coal sales prices increased by 8.3% to $64.94 per ton sold. Record oil & gas royalty volumes of 772 MBOE sold, up 28.2% year-over-year. Completed two strategic new ventures investments, totaling approximately $50.0 million. Declared a quarterly cash distribution of $0.70 per unit, up 40.0% year-over-year. Reduced outstanding senior notes by $54.6 million. Reduced net leverage ratio to 0.17 times.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.83%
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Rhea-AI Summary
Alliance Resource Partners, L.P. will report Q3 2023 financial results on October 27, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
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Rhea-AI Summary
Alliance Resource Partners invests $25 million in Ascend Elements for battery material manufacturing facility
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.87%
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Rhea-AI Summary
Alliance Resource Partners, L.P. (NASDAQ: ARLP): Stonegate Capital Partners updates coverage on Alliance Resource Partners, L.P. The report highlights a 5.4% year-over-year growth in coal sales, with 96.5% of 2023 tons already contracted. Additionally, a pricing rebound is anticipated in the second half of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.75%
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Rhea-AI Summary
Alliance Resource Partners, L.P. (NASDAQ: ARLP) has approved a cash distribution of $0.70 per unit for the quarter ended June 30, 2023, representing a 75% increase over the previous quarter. The distribution will be payable on August 14, 2023.
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Rhea-AI Impact
Rhea-AI Sentiment
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-0.27%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.08%
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conferences
Alliance Resource Partners LP

Nasdaq:ARLP

ARLP Rankings

ARLP Stock Data

2.93B
89.49M
30.11%
18.76%
3.32%
Bituminous Coal and Lignite Surface Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
TULSA

About ARLP

alliance resource partners lp is a computer software company located in p.o. box 196, hurley, virginia, united states.