ARLP Q4 net income $82.7M up 406% YoY; declares $0.60/unit distribution; issues 2026 guidance

ALLIANCE RESOURCE PARTNERS LP

Q4 2025 net income $82.7M ($0.64/unit) vs $16.3M YoY; Adjusted EBITDA $191.1M, up 54.1% YoY.
Full year 2025 net income $311.2M, Adjusted EBITDA $698.7M; total revenue $2.2B.
Declared Q4 cash distribution $0.60/unit (annualized $2.40), payable Feb 13 to holders of record Feb 6.
Record oil & gas royalty volumes in Q4 (up 20.2% YoY); coal production 8.2M tons (up 18.7% YoY).
2026 guidance: total coal sales 33.75-35.25M tons; coal sales price $54-$56/ton; capex $280-$300M.

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