Alliance Rsc Stock Price, News & Analysis

Alliance Resource Partners, L.P. (NASDAQ: ARLP) announced an increased cash distribution of $0.50 per unit for the quarter ended September 30, 2022, marking a 150% increase compared to $0.20 per unit for the same quarter in 2021 and a 25% increase from $0.40 in the previous quarter. The distribution is payable on November 14, 2022, to unitholders of record as of November 7, 2022. Financial results for the quarter will be reported on October 31, 2022.

Alliance Resource Partners, L.P. (NASDAQ: ARLP) is set to announce its third quarter 2022 financial results on October 31, 2022, before market opening. A conference call to discuss the results will follow at 10:00 a.m. Eastern. Participants can join via phone or through ARLP's website. The company continues to be the largest coal producer in the Eastern United States and is also diversifying into energy by investing in the energy transition. More details can be obtained from their official website.

Alliance Resource Partners, L.P. (NASDAQ: ARLP) announced the availability of its 2021 Schedule K-3 for unitholders, which contains essential items of international tax relevance. The document is particularly vital for foreign unitholders and those claiming a foreign tax credit. Unitholders can access their Schedule K-3 online at www.taxpackagesupport.com/arlp. For electronic copies, unitholders are encouraged to contact Tax Package Support. ARLP remains the largest coal producer in the eastern United States, focusing on future energy and infrastructure investments.

Alliance Resource Partners, L.P. (ARLP) reported record financial results for Q2 2022, with total revenues soaring 70.1% to $616.5 million compared to Q2 2021, driven by increased coal sales prices (up 43.3%) and volumes (up 13.9%). Net income reached $161.5 million, a 267% year-on-year rise, while EBITDA grew 105.6% to $243.8 million. Cash distributions to unitholders rose 300% to $0.40 per unit. The company anticipates continued growth in coal royalties and has executed new sales commitments for 24.9 million tons through 2025, further bolstered by strong market conditions.

Alliance Resource Partners, L.P. (NASDAQ: ARLP) announced a significant cash distribution increase for the 2022 Quarter, now set at $0.40 per unit, reflecting a 300.0% rise from $0.10 in Q2 2021 and a 14.3% increase over $0.35 in Q1 2022. The distribution will be paid on August 12, 2022, to unitholders of record by August 5, 2022. ARLP is set to report its financial results on August 1, 2022, with a conference call scheduled for 10:00 a.m. Eastern.

Alliance Resource Partners, L.P. (NASDAQ: ARLP) will release its second quarter 2022 financial results on August 1, 2022, before market opening. A conference call to discuss the results will be held at 10:00 a.m. Eastern on the same day. Investors can join the call by dialing (877) 407-0784 or (201) 689-8560 for international callers. The audio replay will be available for one week post-call. ARLP is the largest coal producer in the Eastern United States, also generating revenue from mineral interests and positioning for future energy transitions.

Infinitum Electric has secured $80 million in Series D funding, bringing total investment to $135 million. This capital will enhance motor production for the commercial and industrial sectors and further develop an electric vehicle traction motor. The company, known for its innovative air-core motor technology, aims to reduce electricity demand and carbon footprint as electrification grows in various industries. Among the investors are Alliance Resource Partners and Riverstone Holdings, emphasizing strong industrial backing.

Alliance Resource Partners (ARLP) announced an equity investment in Francis Energy, which operates the first comprehensive statewide network of electric vehicle (EV) fast charging stations in the U.S. This partnership aims to support the growing EV market and enhance charging infrastructure. ARLP will hold a board seat and contribute its expertise, while Francis Energy plans to expand its network beyond the Midwest. The initiative is seen as a significant step in the energy transition and boosting EV adoption across America.

Alliance Resource Partners, L.P. (NASDAQ: ARLP) reported a 44.6% increase in total revenues for the quarter ended March 31, 2022, totaling $460.9 million, driven by higher coal and oil & gas sales. Net income increased to $36.7 million, or $0.28 per unit. EBITDA rose 61.5% to $152.3 million. Operating expenses increased to $373.0 million, influenced by inflation and sales volume growth. The Board increased cash distributions to $0.35 per unit, a 250% rise from the previous year. The company anticipates continued strong market conditions and potential quarterly distribution increases of 10-15%.