earnings
confidence high
sentiment negative
materiality 0.75
ARLP Q3 revenue down 3.6% to $613.6M; net income $86.3M ($0.66/unit) vs $153.7M last year
ALLIANCE RESOURCE PARTNERS LP
- Revenue $613.6M (-3.6% YoY), net income $86.3M (-43.9% YoY), EBITDA $170.7M (-25.0% YoY).
- Coal sales volume 8.4M tons (+6.7% seq), avg price $63.57/ton (-2.1% YoY). Appalachia segment EBITDA fell 49.9% YoY.
- Oil & gas volumes 864 MBOE (+11.9% YoY); segment EBITDA $28.7M (-8.5% YoY).
- Declares Q3 distribution $0.70/unit (unchanged YoY); payable Nov 14, record Nov 7.
- Maintains full-year 2024 guidance; committed & priced 2025 tons increased to 22.5M tons.