Stock Taper 
| DATE | TYPE | RATIO |
|---|---|---|
| 2014-06-17 | Forward | 2:1 |
| 2005-09-16 | Forward | 2:1 |
Alliance Resource Partners, L.P. is a Tulsa-based diversified natural resource company producing and marketing coal, oil & gas royalties, and mining technology across multiple U.S. regions.
Alliance Resource Partners, L.P., the second-largest coal producer in the Eastern U.S., supplies thermal and metallurgical coal to utilities and industries domestically and internationally, forming its core revenue source.
In its second-quarter 2025 financial results announcement, Alliance Resource Partners reported a year-over-year decline in both revenue and net income, falling short of analyst expectations. [7] The most notable development was the board's decision to reduce the quarterly cash distribution from $0.70 to $0.60 per unit, a move management attributed to a strategy of strengthening the balance sheet for future growth opportunities rather than a reflection of poor company performance. [1]
In a significant strategic pivot, Alliance Resource Partners committed $22.1 million (as part of a larger $25 million commitment) for a minority interest in a limited partnership that acquired the Gavin coal-fired power plant in the PJM market. This investment marks the company's first direct foray into power generation assets, aligning with its stated goal of diversifying and becoming a broader energy infrastructure partner.
Alliance Resource Partners is rated Buy with a 12-month target of $28-29, implying a ~25% total return including a 9.8% yield. ARLP's coal sales for 2026 are fully contracted, and most of 2027 is already priced, providing strong cash flow visibility. The oil and gas royalty segment is a key growth engine, posting record profits in Q2, with the AllDale acquisition adding further scale from Q3.
Overall rating: A-
| PEER | PRICE | |
|---|---|---|
 HCC | $92.78 | COMPARE |
 BTU | $25.57 | COMPARE |
 NRP | $110.08 | COMPARE |
