earnings
confidence high
sentiment positive
materiality 0.80
ARLP Q4 net income up 48% to $51.8M; raises quarterly distribution 25% to $0.25/unit
ALLIANCE RESOURCE PARTNERS LP
- Q4 net income $51.8M ($0.40/unit) vs $35.0M ($0.27/unit) in Q4 2020, up 48%.
- Total revenues Q4 $473.5M, up 29.2% YoY; full-year revenues $1.57B, up 18.2%.
- Quarterly cash distribution raised 25% to $0.25/unit, payable Feb 14 to holders of record Feb 7.
- Initial 2022 guidance: coal sales 35.2-36.7M tons; coal price $49.05-$51.25/ton; capex $220-240M.
- Coal sales volumes up 12.7% YoY; oil & gas prices up 93.1% YoY; EBITDA up 7.3% to $130.2M.