earnings
confidence high
sentiment negative
materiality 0.80
ARLP Q2 net income falls 41% YoY to $59.4M; cuts quarterly distribution to $0.60/unit
ALLIANCE RESOURCE PARTNERS LP
- Net income $59.4M ($0.46/unit) vs $100.2M ($0.77) YoY; revenue $547.5M, down 7.7%.
- Coal sales volumes rose 6.8% to 8.4M tons; price per ton fell 11.3% to $57.92.
- Recorded $25M non-cash impairment on preferred equity investment in battery materials company.
- Declared quarterly distribution $0.60/unit (down from $0.70) payable Aug 14; cites tax-law changes for after-tax benefit.
- Updated FY2025 guidance: ILB sales tons midpoint +625K, Appalachia -1.0M; O&G BOE volume midpoint +5%.