secwatch / observer
8-K filed January 30, 2023, 6:59 PM ET ticker ARLP CIK 0001086600
earnings confidence high sentiment positive materiality 0.80

Alliance Resource Partners reports record Q4 & FY2022; raises distribution 40%; boosts buyback to $100M

ALLIANCE RESOURCE PARTNERS LP

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ALLIANCE RESOURCE PARTNERS LP reported the quarter ended December 31, 2022 results: revenue $700.7 million, net income $214.5 million, EPS $1.63 per basic and diluted limited partner unit.

Period
the quarter ended December 31, 2022
Revenue
$700.7 million
Net income
$214.5 million
EPS
$1.63 per basic and diluted limited partner unit
Result
reported results
Exact text from the filing
Total revenues in the 2022 Quarter increased 48.0% to a record $700.7 million compared to $473.5 million for the 2021 Quarter as a result of significantly higher coal sales and oil & gas royalties revenues. Increased revenues, partially offset by higher total operating expenses, led net income for the 2022 Quarter to a record $214.5 million, or $1.63 per basic and diluted limited partner unit
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ALLIANCE RESOURCE PARTNERS LP reported the year ended December 31, 2022 results: revenue $2.4 billion, net income $577.2 million, EPS $4.39 per basic and diluted limited partner unit.

Period
the year ended December 31, 2022
Revenue
$2.4 billion
Net income
$577.2 million
EPS
$4.39 per basic and diluted limited partner unit
Result
reported results
Exact text from the filing
2022 Full Year performance saw total revenues increase 53.3% to a record $2.4 billion compared to $1.6 billion for the 2021 Full Year, primarily due to substantial increases in prices and volumes from both ARLP’s coal operations and royalty segments. Higher revenues, partially offset by increased total operating and income tax expenses, led to significantly higher net income, which rose 224.0% to a record $577.2 million, or $4.39 per basic and diluted limited partner unit
View on SEC.gov

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Source: SEC EDGAR
accession 0001558370-23-000675
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