Dallas Texas--(Newsfile Corp. - February 4, 2025) - Alliance Resource Partners, L.P. (NASDAQ: ARLP): Stonegate Capital Partners updates coverage on Alliance Resource Partners, L.P. ARLP reported a challenging 4Q24, impacted by lower coal sales pricing and higher operating expenses. Total revenues for the quarter decreased by 5.6% year-over-year to $590.1M, primarily due to a 2.3% decline in coal sales volumes. Net income for the quarter was down to $16.3M compared to $115.4M in 4Q23, reflecting higher operating costs and non-cash impairment charges of $31.1M related to the MC Mining operation. Adj. EBITDA came in at $124.0M, a 27.2% decline sequentially. Despite these headwinds, ARLP remains committed to its FY25 guidance, expecting improvements driven by efficiency realizations in its operations, a strengthening order book, and declining domestic inventories.
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Key Takeaways:
- ARLP continued to expand its O&G royalties' business, completing $9.6M in mineral interest acquisitions during the quarter.
- ARLP reached its coal inventory goal for FY24, reaching 0.6 million tons.
- The Company ended 4Q24 with a solid liquidity position of $593.9M, consisting of $137.0M in cash and $456.9M in available credit.
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About Stonegate
Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking, equity research and capital raising for public and private companies.
Contacts:
Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com
Source: Stonegate, Inc.
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