Alliance Resource Partners (ARLP)
Produces and markets coal while earning royalties from coal, oil, and gas minerals.
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Produces and markets coal from underground complexes in the Illinois Basin and Appalachia. Operating and royalty income comes from coal, while oil-and-gas mineral interests add a second royalty stream; a general partner manages the MLP.
Produces and markets coal from underground mining complexes in the Illinois Basin and Appalachia, supplying domestic and international customers. Its operating footprint also includes a coal-loading terminal.
Beyond coal production and marketing, the partnership earns royalty income from coal and oil-and-gas mineral interests. Matrix Group supplies mining collision-avoidance and proximity-detection technologies, while Bitiki and selected energy-related investments sit alongside the mineral platform.
Public unitholders own common units, but Alliance Resource Management GP, LLC manages the partnership as its sole general partner. Profitability depends significantly on acquisitions that expand coal and oil-and-gas reserves and production.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 24, 2025 | Industrial Alliance Securities | Target | Target: — | Target: $30 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $111.2M · Total debt $590.9M · Total assets $2.94B · Shareholders' equity $1.77B
- Revenue
- $551.6M
- Operating income
- $95.6M
- Net income
- $79.6M
HistoryDividendAnnual yield
| Institutions | 15.34% | 19.73M shares | |
|---|---|---|---|
| 180 holders · as of Jun 30, 2026 | |||
| Insiders | 1.79% | 2.31M shares | |
| 8 holders · as of Aug 20, 2026 | |||
| Other | 82.87% | 106.62M shares | |
| remainder | |||
128.66M company shares as of Aug 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Morgan StanleyInstitution | 2.65% | 3.41M | as of Jun 30, 2026 |
Progeny 3, Inc.Institution | 2.52% | 3.25M | as of Jun 30, 2026 |
Magnolia Group, LLCInstitution | 0.98% | 1.26M | as of Jun 30, 2026 |
Atlanta Consulting Group Advisors, LLCInstitution | 0.92% | 1.18M | as of Jun 30, 2026 |
Lido Advisors, LLCInstitution | 0.85% | 1.10M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 18, 2026 | Ronna R. McDaniel | director | +70 | $25.81 |
| Jul 31, 2026 | Ronna R. McDaniel | director | +3,000 | $26.12 |
- Core Natural Resources
Large eastern high-CV thermal-coal producer with Pennsylvania longwalls
- Peabody Energy
Large U.S. thermal-coal producer with Illinois Basin mines
- Hallador Energy
Illinois Basin thermal-coal supplier to Midwest and Southeast utilities
- Alpha Metallurgical Resources
Appalachian coal producer with thermal output alongside met coal
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Alliance Resource Partners | $25.54 | −1.26% | $3.33B | 12.6 | 8.1 | 1.5 | +0.8% |
| Core Natural Resources | $93.19 | −0.79% | $4.73B | 47.2 | 21.3 | 1.1 | +3.5% |
| Peabody Energy | $26.65 | −0.52% | $3.26B | — | 13.4 | 0.8 | +12.7% |
| Hallador Energy | $14.80 | −1.82% | $710.3M | 617.6 | 23.8 | 1.6 | −1.4% |
| Alpha Metallurgical Resources | $184.11 | −2.37% | $2.40B | — | 47.4 | 1.2 | −10.4% |
| Median | 332.4 | 22.5 | 1.1 | +1.1% |