Stonegate Capital Partners Updates Coverage on Alliance Resource Partners, L.P. (ARLP) 2024 Q4

By: Newsfile

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.

To view the full announcement, including downloadable images, bios, and more, click here.

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.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7294/239566_figure1_550.jpg

Click image above to view full announcement.


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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239566

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  224.17
+1.61 (0.72%)
AAPL  275.49
+0.88 (0.32%)
AMD  206.75
-2.42 (-1.16%)
BAC  55.34
+0.53 (0.98%)
GOOG  301.13
-6.60 (-2.14%)
META  656.35
-0.80 (-0.12%)
MSFT  476.96
+0.57 (0.12%)
NVDA  173.89
-3.83 (-2.16%)
ORCL  180.08
-8.57 (-4.54%)
TSLA  491.03
+1.15 (0.23%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.