Alliance Rsc Stock Price, News & Analysis

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.

Alliance Resource Partners, L.P. (NASDAQ: ARLP) reported strong financial results for Q3 2021, with total revenues rising 14.6% to $415.4 million, driven by increased coal sales volumes and prices. Net income surged 30.7% to $57.5 million, or $0.44 per unit, while EBITDA also increased by 14.6% to $135.9 million. Compared to Q3 2020, total revenues were up 16.8%, reflecting a robust recovery post-COVID. The company declared a cash distribution of $0.20 per unit, a 100% increase from the previous quarter. ARLP anticipates continued strong performance due to favorable market conditions in the coal and energy sectors.

Alliance Resource Partners, L.P. (NASDAQ: ARLP) will announce its third quarter 2021 financial results on October 25, 2021, before market opening. A conference call to discuss these results is scheduled for 10:00 a.m. Eastern the same day. Participants can join by calling (877) 407-0784 or internationally at (201) 689-8560 and accessing the call via the company’s website. ARLP is a leading coal producer in the eastern United States, generating income from coal and mineral interests in key regions.

Cushing Asset Management and Swank Capital announced the rebalancing of The Cushing MLP Market Cap Index, effective September 20, 2021. Following market closure on September 17, Alliance Resource Partners, L.P. (NASDAQ: ARLP) will be added as a constituent, while Global Partners LP (NYSE: GLP) will be removed. The Index tracks midstream energy infrastructure companies and is calculated by S&P Dow Jones Indices. It serves as a benchmark to monitor the performance of master limited partnerships and non-MLP midstream corporations.

Alliance Resource Partners, L.P. (NASDAQ: ARLP) announced the retirement of Charles R. Wesley, Executive Vice President and Director, effective July 31, 2021. Wesley, who joined the company in 1974 and served in various roles, will retain an advisory position as Director Emeritus. Joseph W. Craft III, CEO, praised Wesley's leadership and contributions to the company. The board has not yet filled the vacancy created by his retirement. ARLP is a significant coal producer in the eastern United States, with operations in multiple states and additional income sources from mineral interests.

Alliance Resource Partners, L.P. (NASDAQ: ARLP) reported strong financial results for the second quarter of 2021, with total revenues rising 42.0% to $362.4 million compared to the same period in 2020. Net income surged 77.9% to $44.0 million, fueled by higher coal sales volumes and escalating oil & gas prices. Segment Adjusted EBITDA rose 119.3%, reflecting robust coal operations and improved royalty revenues. The company declared a cash distribution of $0.10 per unit, maintaining its previous distribution level. Looking ahead, ARLP anticipates increased coal sales volumes amid favorable market conditions.