earnings
confidence high
sentiment positive
materiality 0.85
ARLP reports record FY2023 revenue $2.6B, net income $630.1M; declares $0.70/unit distribution
ALLIANCE RESOURCE PARTNERS LP
- Full year 2023 total revenue $2.6B (record), net income $630.1M ($4.81/unit), EBITDA $933.1M.
- Q4 2023 revenue $625.4M, net income $115.4M ($0.88/unit), vs $216.9M in Q4 2022.
- Q4 coal sales volumes 8.6M tons at avg price $60.60/ton; full year avg price $64.17/ton.
- FY2023 oil & gas mineral interest acquisitions $110.9M; record BOE volumes.
- 2024 guidance: total coal sales tons 34.0-35.8M, price $61.75-$63.75/ton, capex $450-500M.