Alliance Resource Partners, L.P. (ARLP)

In the past six months, ARLP's stock experienced several events. Earnings reports included Q4 2025 with an EPS of $0.640 USD and Q1 2026 with an EPS of $0.070 USD. As of May 8, 2026, the stock opened at $24.75, a drop of 3.07% from the previous day, with a 52-week high of $29.44 and a low of $22.33, showing stable price volatility. Analysts have given ARLP a consensus 'buy' rating with a median target price of $28.00. Over the past year, ARLP underperformed the US Oil and Gas industry and the US Market, with a total return of 4.37% compared to the S&P 500's 31.87%, but a year-to-date return of 12.74%. ARLP maintained its quarterly cash distribution at $0.70 per unit, or an annualized $2.80 per unit, with a dividend yield of approximately 9.78%.

Demand for Alliance Resource Partners' coal products is influenced by seasonal variations, with the domestic market strengthening during cold winter seasons due to increased electricity demand. The company mitigates short-term demand fluctuations through long-term contracts, with over 96% of its projected midpoint coal sales volumes contractually committed for 2025. Coal remains an important component in electricity generation. The company's diversified portfolio, including oil and gas royalties, also helps to balance potential seasonality in coal demand.

Alliance Resource Partners, L.P. (ARLP) is a diversified natural resource company focused on coal production and marketing to utilities and industrial users, operating as a Master Limited Partnership (MLP). It is the second-largest coal producer in the Eastern U.S. ARLP's core business includes coal operations involving the production of thermal and metallurgical coal from its seven underground mining complexes, royalties from oil and gas interests in regions like the Permian Basin, and other growth investments in technology and energy-related infrastructure, including mining technology products and services.

Alliance Resource Partners' coal mining operations are primarily located in the Illinois Basin and the Appalachia Basin, with seven underground mining complexes across Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. It operates a coal loading terminal on the Ohio River in Mount Vernon, Indiana. Its oil and gas mineral interests are concentrated in strategic producing regions across the United States, including the Permian, Anadarko, and Williston Basins.

Alliance Resource Partners LP is recognized as a trusted partner for critical baseload fuel requirements. The company has a long track record as an Illinois Basin and Appalachian thermal coal producer. Its consistent distributions to unitholders since its IPO in 1999, with an annualized total return greater than 15%, suggest a positive reputation among investors. The company's focus on disciplined, low-cost operations and diversified royalties and energy investments also contributes to its standing.

The ownership structure of Alliance Resource Partners, L.P. includes institutional investors, company insiders, and the public. Joseph W. Craft III, President, CEO, and Chairman, indirectly owns the general partner, Alliance GP LLC, which is the largest shareholder with approximately 67.77% of the shares. Joseph W. Craft III personally owns about 14.81% of the shares, and Kathleen S. Craft holds approximately 12.78% of the shares. Insiders collectively commanded a significant 29.9% stake as of July 29, 2025. As of May 5, 2026, Alliance Resource Partners, L.P. has 175 institutional owners and shareholders, holding a total of 20,931,597 shares, with major shareholders including Morgan Stanley, Progeny 3, Inc., and Jackson Hole Capital Partners, LLC.