Alliance Rsc Stock Price, News & Analysis

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%.

Alliance Resource Partners, L.P. (NASDAQ: ARLP) announced a cash distribution of $0.35 per unit for the quarter ended March 31, 2022, a 250% increase from $0.10 in the same quarter of 2021. The increase reflects strong energy market conditions, yet delays in coal shipments resulted in a projected $72 million decrease in coal revenues for the quarter. ARLP anticipates net income between $35 million and $37 million, compared to $24.7 million in the prior year, aided by favorable market trends and updated guidance for coal sales volumes.

Alliance Resource Partners, L.P. (NASDAQ: ARLP) will release its first quarter 2022 financial results on May 2, 2022, before market opening. A conference call is scheduled for 10:00 a.m. Eastern the same day to discuss these results. Participants can join by dialing (877) 407-0784 or listening via ARLP's website. ARLP is a major coal producer in the eastern United States with operations across multiple states and also engages in mineral interests from oil and gas regions, generating diverse revenue streams.

Alliance Resource Partners, L.P. (ARLP) reported significant financial growth for the 2021 Quarter, with a 48% rise in net income to $51.8 million, and a 29.2% increase in total revenues to $473.5 million. The growth was driven by higher coal sales volumes and prices, alongside a 93.1% jump in oil & gas prices. However, total operating expenses rose to $300.5 million due to increased production and inflationary costs. For the 2021 Year, net income reached $178.2 million, a significant recovery from a net loss in 2020, supported by coal and oil & gas price increases. A cash distribution of $0.25 per unit was declared.

Alliance Resource Partners, L.P. (NASDAQ: ARLP) announced a cash distribution increase to its unitholders for the quarter ending December 31, 2021. The distribution will be $0.25 per unit, reflecting a 25% rise from the previous quarter's $0.20. This translates to an annualized rate of $1.00 per unit, payable on February 14, 2022, to unitholders of record by February 7, 2022. The earnings report for the fourth quarter will be released before market open on January 31, 2022, followed by a conference call at 10:00 a.m. Eastern.

Alliance Resource Partners, L.P. (NASDAQ: ARLP) plans to report its fourth quarter 2021 financial results on January 31, 2022, before market opening. The results will be discussed in a conference call at 10:00 a.m. Eastern on the same day. Interested participants can join the call by dialing (877) 407-0784 or via the investor section of ARLP's website. An audio replay will be accessible for about a week. ARLP operates seven mining complexes across states, including Illinois, Indiana, and Kentucky, making it the second largest coal producer in the eastern United States.