ARLP Q2 net income $169.8M ($1.30/unit); revenue up 3.5%; distribution raised 75% to $0.70

ALLIANCE RESOURCE PARTNERS LP

Revenue $641.8M (+3.5% YoY); net income $169.8M ($1.30/unit) vs $163.5M ($1.23) in Q2 2022.
EBITDA $249.2M (+1.0% YoY); coal sales 8.9M tons at avg $62.93/ton (+5.7% YoY).
Q3 distribution $0.70/unit ($2.80 annualized), up 75% YoY; payable Aug 14 to holders of record Aug 7.
Repurchased $34.2M senior notes in Q2; redeemed $50M more in July; net leverage 0.14x.
Reduced 2023 coal sales guidance to 35.5–36.0M tons; sales price $65–$66/ton; cost $38–$41/ton.

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 June 30, 2023 results: revenue $641.8 million, net income $169.8 million, EPS $1.30 per basic and diluted limited partner unit.

Period: the quarter ended June 30, 2023
Revenue: $641.8 million
Net income: $169.8 million
EPS: $1.30 per basic and diluted limited partner unit
Result: reported results

Exact text from the filing

Reports Increased Financial and Operating Results; Declares Quarterly Cash Distribution of $0.70 Per Unit; and Updates 2023 Guidance 2023 Quarter Highlights ● Revenue of $641.8 million, up 3.5% year-over-year ● Net income of $169.8 million, or $1.30 per unit, a 3.8% increase compared to $163.5 million, or $1.23 per unit for the 2022 Quarter ● EBITDA of $249.2

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ALLIANCE RESOURCE PARTNERS LP filing history →

Source: SEC EDGAR

accession 0001558370-23-012504

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