Stonegate Capital Partners Updates Coverage on Alliance Resource Partners, L.P. (ARLP) 2024 Q2

Rhea-AI Summary

Alliance Resource Partners, L.P. (NASDAQ: ARLP) has received an updated coverage report from Stonegate Capital Partners for Q2 2024. The key takeaways from the report include:

1. A 3.8% year-over-year increase in pricing
2. Successful completion of a $400.0 million Senior Note offering
3. A 6.8% year-over-year increase in royalty revenues

These highlights suggest positive developments in ARLP's pricing strategy, financial position, and royalty income streams. The updated coverage indicates ongoing analyst interest in the company's performance and potential market implications.

Positive

• 3.8% year-over-year increase in pricing
• Successful completion of $400.0 million Senior Note offering
• 6.8% year-over-year increase in royalty revenues

Negative

• None.

Dallas, Texas--(Newsfile Corp. - July 30, 2024) - Alliance Resource Partners, L.P. (NASDAQ: ARLP): Stonegate Capital Partners updates coverage on Alliance Resource Partners, L.P.

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

• Pricing increased 3.8% y/y
• $400.0M Senior Note offering completed
• Royalty revenues increased 6.8% y/y

Click image above to view full announcement.

---

About Stonegate

Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking, equity research and capital raising for public and private companies.

Contacts:

Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com

Source: Stonegate, Inc.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218216

FAQ

What was the percentage increase in pricing for Alliance Resource Partners (ARLP) in Q2 2024?

According to the Stonegate Capital Partners coverage update, Alliance Resource Partners (ARLP) experienced a 3.8% year-over-year increase in pricing in Q2 2024.

How much was the Senior Note offering completed by Alliance Resource Partners (ARLP)?

Alliance Resource Partners (ARLP) successfully completed a $400.0 million Senior Note offering, as reported in the Stonegate Capital Partners coverage update.

What was the percentage increase in royalty revenues for Alliance Resource Partners (ARLP) in Q2 2024?

The Stonegate Capital Partners coverage update reported that Alliance Resource Partners (ARLP) saw a 6.8% year-over-year increase in royalty revenues in Q2 2024.