ARLP Stock Recent News
ARLP LATEST HEADLINES
This company is a leader in the thermal coal business, offers solid diversity and has a massive 13.35% yield.
In the most recent trading session, Alliance Resource Partners, L.P. (ARLP) closed at $18.54, indicating a -1.8% shift from the previous trading day.
Coal prices are rising, leading to a comeback for the coal industry and benefiting Alliance Resource Partners. Alliance Resource Partners is a diversified natural resource company focused on coal production and marketing. The company has a healthy balance sheet, strong free cash flow, and is currently offering a 15% dividend yield.
After Treasury yields soared to over 5% for the 10-year note and the 30-year-long bond, many on Wall Street urged investors to grab the once-in-20-year debt.
Alliance Resource Partners, L.P. (ARLP) closed the most recent trading day at $19.57, moving -1.16% from the previous trading session.
ARLP, BCH and CPSI have been added to the Zacks Rank #5 (Strong Sell) List on November 27, 2023.
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ARLP is among the largest coal miners in the US. It has mines in Illinois and Appalachia. The company produces thermal and metallurgical coal primarily for US customers. What I like about ARLP is the high percentage of insider ownership and managers' long history with the company. The company's top three executives own 16.5% of the shares. The company trades below its historical EV/Sales and EV/EBITDA peaks. Ranked against US energy stocks and the US broad equity market, ARLP stock is cheaper, being in the lower percentiles.
CRMT, ARLP and BSIG have been added to the Zacks Rank #5 (Strong Sell) List on November 7, 2023.