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Stock Market & Financial Investment News

News Breaks
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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December 17, 2014
11:29 EDTARLPJoy Global sees U.S coal market to be challenged in 2015
Joy Global says U.S. coal exports are likely to decline this year. Falling gas prices attributable to warmer weather will result in a switch to gas for electricity production. Publicly traded companies in the coal space include Alliance Resource Partners (ARLP), Alpha Natural (ANR), Arch Coal (ACI), CONSOL (CNX), Cloud Peak (CLD), Peabody (BTU) and Walter Energy (WLT).
December 9, 2014
12:30 EDTARLPWells Fargo to hold a symposium
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