M&A
confidence high
sentiment neutral
materiality 0.75
ARLP to acquire majority of AllDale III & IV oil & gas royalties for $206.2M
ALLIANCE RESOURCE PARTNERS LP
- ARLP acquiring general and limited partner interests in AllDale III & IV for $206.2M; aggregate gross valuation ~$410M.
- Upon closing ARLP's economic interest in AllDale III & IV rises from ~5% to 61%; expected close July 2026.
- Funding via cash on hand, revolver, and new debt facility at Alliance Minerals; pro forma leverage below 1.0x.
- Acquisition adds ~48,500 net royalty acres across Permian, Anadarko, Bakken, and Haynesville; 1Q26 production ~5,940 BOE/day.
- Related parties of CEO Joseph Craft also acquiring $100M of AllDale III interests on same terms; conflicts committee approved.