ARLP Stock Recent News
ARLP LATEST HEADLINES
Alliance Resource Partners, the largest coal producer in the eastern U.S., offers attractive value with a P/CF of 5.6x and a dividend yield of 13%. Despite regulatory risks and the overall skepticism against coal, ARLP's low multiple and strong cash flow (including from royalties) provide a strong margin of safety. Q1 2024 earnings report confirms ARLP's robust performance, with increased EBITDA and a commitment to meet ambitious 2024 guidance.
Alliance Resource's (ARLP) first-quarter 2024 earnings and revenues decline year over year. Total operating expenses increase during the same period.
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ASLE, ARLP and ACNT have been added to the Zacks Rank #5 (Strong Sell) List on April 8, 2023.
In an ecosystem of high interest rates, targeting high-yield dividend stocks to buy might seem risky. After all, why bother dealing with the volatility of publicly traded businesses when you can buy safe, secure government bonds?
In the closing of the recent trading day, Alliance Resource Partners, L.P. (ARLP) stood at $19.76, denoting a +0.56% change from the preceding trading day.
Companies that pay a regular dividend have crushed non-payers in the return department over the last half-century. Though they're not everyone's cup of tea, vice stocks -- businesses in industries some investors might view as immoral or undesirable -- are known for their juicy dividends.
Alliance Resource Partners, L.P. is the largest coal producer in the eastern U.S. with seven underground coal mining complexes. The company also has some involvement in oil & gas basins and energy infrastructure joint ventures, but this is not a significant part of its business. The investment case for ARLP is based on its low valuations and strong fundamentals, with a P/FCF ratio of 5.6x.
ARLP, EXTR and LEVI have been added to the Zacks Rank #5 (Strong Sell) List on February 1, 2023.
Alliance Resource's (ARLP) fourth-quarter 2023 earnings and revenues decline year over year. However, full-year earnings and revenues increase.