earnings
confidence high
sentiment positive
materiality 0.80
ARLP Q2 2021 revenue $362.4M, net income $44.0M; raises coal sales guidance
ALLIANCE RESOURCE PARTNERS LP
- Total revenues $362.4M (+42% YoY; +13.8% seq); net income $44.0M ($0.34/unit) vs loss $46.7M in Q2 2020.
- EBITDA $118.6M (+145.9% YoY); coal sales volumes 7.846M tons (+51.3% YoY).
- Declared quarterly distribution $0.10/unit (unchanged); payable Aug 13 to holders of record Aug 6.
- Raised 2021 coal sales guidance midpoint to 32.9M tons (up ~6%); 31.5M tons committed for 2021.
- Generated $79.4M free cash flow; reduced total debt by $59.5M.