earnings
confidence high
sentiment positive
materiality 0.85
ARLP Q1 net income $191.2M ($1.45/unit); revenue $662.9M (+43% YoY); dividend $0.70/unit
ALLIANCE RESOURCE PARTNERS LP
- Net income $191.2M ($1.45/unit) vs $38.1M ($0.28) in Q1 2022, a 402% increase.
- Revenue $662.9M, up 43% YoY from $463.4M; coal sales price per ton rose 43.6%.
- Declared quarterly distribution $0.70/unit (annualized $2.80), 100% increase vs Q1 2022.
- Completed $75.1M in oil & gas mineral interest acquisitions, including $72.3M JC Resources deal.
- Updated 2023 guidance: coal sales price $65-$67/ton, total capex $400-$460M, oil & gas volumes raised.