Alliance Resource Partners (ARLP) Stock Price, News & Analysis

Company Overview

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. It produces a range of thermal and metallurgical coal with sulfur and heat contents. The company operates seven underground mining complexes in Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. In addition, it owns and leases oil and gas mineral interests and equity interests; and leases its coal mineral reserves and resources to its mining complexes; and leases land and operates a coal loading terminal on the Ohio River at Mt. Vernon, Indiana. Further, the company offers various mining technology products and services, including data network, communication and tracking systems, mining proximity detection systems, industrial collision avoidance systems, and data and analytics software. It also exports its products. The company was founded in 1971 and is headquartered in Tulsa, Oklahoma.

Key Stats

• Today's Range: $25.56 to $26.21
• 50-Day Range: $24.84 to $28.58
• 52-Week Range: $18.32 to $29.44
• Volume: 188,771 shs
• Average Volume: 377,710 shs
• Market Capitalization: $3.29 billion
• P/E Ratio: 7.30
• Dividend Yield: 10.90%
• Price Target: $27.00
• Consensus Rating: Buy

Alliance Resource Partners Stock Analysis - MarketRank™

Alliance Resource Partners scored higher than 33% of companies evaluated by MarketBeat, and ranked 214th out of 270 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Alliance Resource Partners has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Alliance Resource Partners has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -4.70%

Earnings Growth

Earnings for Alliance Resource Partners are expected to decrease by -4.70% in the coming year, from $3.19 to $3.04 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Alliance Resource Partners is 7.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Alliance Resource Partners is 7.30, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.75.

Price to Book Value per Share Ratio

Alliance Resource Partners has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.93% of the float of Alliance Resource Partners has been sold short.

Short Interest Ratio / Days to Cover

Alliance Resource Partners has a short interest ratio ("days to cover") of 8.9.

Change versus previous month

Short interest in Alliance Resource Partners has recently decreased by 15.91%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Alliance Resource Partners is a leading dividend payer. It pays a dividend yield of 10.50%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Alliance Resource Partners does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Alliance Resource Partners is 79.55%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Alliance Resource Partners will have a dividend payout ratio of 92.11% in the coming year. This indicates that Alliance Resource Partners may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.93% of the float of Alliance Resource Partners has been sold short.

Short Interest Ratio / Days to Cover

Alliance Resource Partners has a short interest ratio ("days to cover") of 8.9.

Change versus previous month

Short interest in Alliance Resource Partners has recently decreased by 15.91%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: N/A

News Sentiment

Alliance Resource Partners has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Alliance Resource Partners this week, compared to 3 articles on an average week.

Search Interest

Only 19 people have searched for ARLP on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.

MarketBeat Follows

Only 8 people have added Alliance Resource Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -68% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Alliance Resource Partners insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $280,000.00 in company stock.

Percentage Held by Insiders

16.80% of the stock of Alliance Resource Partners is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 18.11% of the stock of Alliance Resource Partners is held by institutions.

ARLP Stock Analysis - Frequently Asked Questions

How have ARLP shares performed this year?

Alliance Resource Partners' stock was trading at $21.18 at the start of the year. Since then, ARLP stock has increased by 21.2% and is now trading at $25.68.
View the best growth stocks for 2024 here.

How were Alliance Resource Partners' earnings last quarter?

Alliance Resource Partners, L.P. (NASDAQ:ARLP) released its earnings results on Monday, October, 28th. The energy company reported $0.66 EPS for the quarter, missing the consensus estimate of $0.82 by $0.16. The energy company had revenue of $613.57 million for the quarter, compared to the consensus estimate of $646.17 million. Alliance Resource Partners had a trailing twelve-month return on equity of 23.74% and a net margin of 18.52%.

When did Alliance Resource Partners' stock split?

Shares of Alliance Resource Partners split on the morning of Tuesday, June 17th 2014. The 2-1 split was announced on Monday, April 28th 2014. The newly minted shares were distributed to shareholders after the market closes on Monday, June 16th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Who are Alliance Resource Partners' major shareholders?

Top institutional investors of Alliance Resource Partners include Progeny 3 Inc. (2.27%), Atlanta Consulting Group Advisors LLC (0.91%), Recurrent Investment Advisors LLC (0.89%) and Crescent Grove Advisors LLC (0.16%). Insiders that own company stock include Joseph W Craft III, Mowry Kathleen Craft, Kathleen Mowry, Timothy J Whelan and John H Robinson.
View institutional ownership trends.

How do I buy shares of Alliance Resource Partners?

Shares of ARLP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Alliance Resource Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Alliance Resource Partners investors own include Chevron (CVX), Bristol-Myers Squibb (BMY), Comcast (CMCSA), McKesson (MCK), Charles Schwab (SCHW), Edwards Lifesciences (EW) and Toronto-Dominion Bank (TD).

Company Calendar

• Last Earnings: 10/28/2024
• Ex-Dividend for 11/14 Dividend: 11/07/2024
• Dividend Payable: 11/14/2024
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Oils/Energy
• Industry: Bituminous coal & lignite - surface mining
• Sub-Industry: Coal
• Current Symbol: NASDAQ:ARLP
• CUSIP: N/A
• CIK: 1086600
• Web: www.arlp.com
• Phone: (918) 295-7600
• Fax: 918-295-7631
• Employees: 3,595
• Year Founded: 1971

Price Target and Rating

• Average Stock Price Target: $27.00
• High Stock Price Target: $27.00
• Low Stock Price Target: $27.00
• Potential Upside/Downside: +5.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.52
• Trailing P/E Ratio: 7.30
• Forward P/E Ratio: 8.05
• P/E Growth: N/A
• Net Income: $630.12 million
• Net Margins: 18.52%
• Pretax Margin: 19.10%
• Return on Equity: 23.74%
• Return on Assets: 15.31%

Debt

• Debt-to-Equity Ratio: 0.24
• Current Ratio: 2.36
• Quick Ratio: 1.69

Sales & Book Value

• Annual Sales: $2.48 billion
• Price / Sales: 1.32
• Cash Flow: $6.98 per share
• Price / Cash Flow: 3.68
• Book Value: $14.62 per share
• Price / Book: 1.76

Miscellaneous

• Outstanding Shares: 128,062,000
• Free Float: 106,548,000
• Market Cap: $3.29 billion
• Optionable: Optionable
• Beta: 1.16