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January 29, 2013
07:26 EDTARLPAlliance Resource sees 2013 revenue $2.1B-$2.2B, consensus $2.27B
Coal volumes are currently expected to increase in 2013 to a range of 38.1M-39.1M tons produced and sold. ARLP has approximately 38.5M tons contractually committed and priced for 2013 and has also secured coal sales commitments for approximately 30.7M tons, 23.4M tons and 18.7M tons in 2014, 2015 and 2016, respectively, of which approximately 2.9M tons in both 2014 and 2015 and 3.3M tons in 2016 remain open to market pricing. Driven primarily by anticipated increases in coal sales volumes, ARLP is currently expecting 2013 revenues to increase by 6.0%-9.0% to a range of $2.1B-$2.2B, excluding transportation revenues. ARLP's guidance does not currently assume any coal sales into the metallurgical export markets in 2013 and, as a result, total average coal sales price realizations are expected to be approximately 1.0%-3.5% per ton lower than last year.
News For ARLP From The Last 14 Days
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July 31, 2015
17:08 EDTARLPAlliance Resource Partners sees FY15 CapEx $265M-$285M
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17:06 EDTARLPAlliance Resource Partners narrows FY15 revenue view to $2.37B-$2.41B
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17:02 EDTARLPAlliance Resource Partners sees FY15 coal production 42.8-43.5M tons
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17:00 EDTARLPAlliance Resource Partners completes acquisition of White Oak interests
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July 28, 2015
07:08 EDTARLPAlliance Resource Partners increases quarterly distribution 8% to 67.5c per unit
Alliance Resource Partners announced that the board of its managing partners increased the cash distribution to unitholders for the 2015 Quarter to 67.5c per unit, payable on August 14, 2015 to all unitholders of record as of the close of trading on August 7, 2015. The announced distribution represents an 8.0% increase over the cash distribution of 62.5c per unit for the 2014 Quarter and a 1.9% increase over the cash distribution of 66.25c per unit for the quarter ended March 31, 2015.
07:07 EDTARLPAlliance Resource Partners CEO: Market demand to stabilize
Commenting on ARLP’s current outlook for the rest of the year, president and CEO Joseph W. Craft III said, "Most of our coal industry counterparts are under extreme duress, particularly those with high leverage and significant exposure to the metallurgical coal markets. Thermal coal demand in the domestic utility market has also fallen this year primarily due to lower natural gas prices and a weaker export market. We believe, however, that market demand is beginning to stabilize and recent market weakness is causing a supply response. Total coal production has declined from the Sequential Quarter by 13.5% in the Illinois Basin and 15.0% in the northern Appalachian markets. We expect further supply reductions, which will continue to improve the oversupply situation in those regions."
07:05 EDTARLPAlliance Resource Partners reports Q2 EPS 76c, consensus 89c
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July 22, 2015
06:23 EDTARLPPeabody downgraded to Neutral from Overweight at JPMorgan
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