Representative Virginia Foxx (R-North Carolina) recently sold shares of Alliance Resource Partners, L.P. NASDAQ: ARLP. In a filing disclosed on April 04th, the Representative disclosed that they had sold between $15,001 and $50,000 in Alliance Resource Partners stock on March 7th.
Representative Virginia Foxx also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Ellington Financial NYSE: EFC on 3/31/2025.
- Sold $50,001 - $100,000 in shares of Energy Transfer NYSE: ET on 3/7/2025.
- Sold $50,001 - $100,000 in shares of Pembina Pipeline NYSE: PBA on 3/7/2025.
- Sold $15,001 - $50,000 in shares of FLEX LNG NYSE: FLNG on 3/7/2025.
- Purchased $1,001 - $15,000 in shares of Hercules Capital NYSE: HTGC on 3/5/2025.
- Purchased $1,001 - $15,000 in shares of Energy Transfer NYSE: ET on 2/19/2025.
- Purchased $1,001 - $15,000 in shares of Alliance Resource Partners NASDAQ: ARLP on 2/14/2025.
Alliance Resource Partners Stock Down 1.1 %
Shares of ARLP stock traded down $0.29 on Friday, reaching $26.06. 766,366 shares of the company were exchanged, compared to its average volume of 370,482. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.36 and a quick ratio of 1.69. The company has a 50-day moving average of $26.17 and a 200-day moving average of $26.39. The company has a market cap of $3.35 billion, a price-to-earnings ratio of 9.44 and a beta of 0.62. Alliance Resource Partners, L.P. has a one year low of $20.59 and a one year high of $30.56.
Alliance Resource Partners (NASDAQ:ARLP - Get Free Report) last announced its quarterly earnings results on Monday, February 3rd. The energy company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.38). Alliance Resource Partners had a return on equity of 19.09% and a net margin of 14.74%. Analysts anticipate that Alliance Resource Partners, L.P. will post 2.72 earnings per share for the current year.
Alliance Resource Partners Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were issued a dividend of $0.70 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.80 annualized dividend and a dividend yield of 10.74%. Alliance Resource Partners's dividend payout ratio is currently 101.45%.
Wall Street Analyst Weigh In
Several analysts recently issued reports on ARLP shares. Benchmark reissued a "buy" rating and issued a $29.00 price target (up previously from $27.00) on shares of Alliance Resource Partners in a research report on Tuesday, February 4th. StockNews.com cut shares of Alliance Resource Partners from a "buy" rating to a "hold" rating in a report on Wednesday, February 5th.
Read Our Latest Report on ARLP
Insider Activity at Alliance Resource Partners
In related news, SVP Timothy J. Whelan sold 50,000 shares of the stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $25.13, for a total transaction of $1,256,500.00. Following the completion of the transaction, the senior vice president now owns 93,850 shares in the company, valued at approximately $2,358,450.50. This represents a 34.76 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 16.80% of the stock is currently owned by company insiders.
Institutional Trading of Alliance Resource Partners
Several institutional investors and hedge funds have recently modified their holdings of the stock. Progeny 3 Inc. raised its holdings in shares of Alliance Resource Partners by 1.3% in the fourth quarter. Progeny 3 Inc. now owns 2,942,211 shares of the energy company's stock valued at $77,351,000 after purchasing an additional 38,030 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Alliance Resource Partners by 2.5% in the 4th quarter. JPMorgan Chase & Co. now owns 1,815,453 shares of the energy company's stock valued at $47,728,000 after buying an additional 44,636 shares during the last quarter. Recurrent Investment Advisors LLC lifted its position in shares of Alliance Resource Partners by 0.5% during the 4th quarter. Recurrent Investment Advisors LLC now owns 1,151,070 shares of the energy company's stock worth $30,262,000 after buying an additional 5,925 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Alliance Resource Partners in the 4th quarter worth approximately $14,564,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Alliance Resource Partners by 4.9% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 284,228 shares of the energy company's stock valued at $7,472,000 after acquiring an additional 13,316 shares in the last quarter. 18.11% of the stock is owned by hedge funds and other institutional investors.
About Representative Foxx
Virginia Foxx (Republican Party) is a member of the U.S. House, representing North Carolina's 5th Congressional District. She assumed office on January 3, 2005. Her current term ends on January 3, 2027.
Foxx (Republican Party) ran for re-election to the U.S. House to represent North Carolina's 5th Congressional District. She won in the general election on November 5, 2024.
Foxx was born in New York, New York. She earned a B.A. and M.A.C.T. from the University of North Carolina, Chapel Hill, in 1968 and 1972, respectively, and an Ed.D. from the University of North Carolina, Greensboro, in 1985.
Foxx worked as an instructor at Caldwell Community College in Hudson, NC, and an instructor and assistant dean at Appalachian State University in Boone, NC. She owned a landscape nursery and served as Deputy Secretary for Management at the North Carolina Department of Administration.
About Alliance Resource Partners
(
Get Free Report)
Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties.
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