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Alliance Resource Partners L.P. (ARLP)
NASDAQ:ARLP
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Earnings Data
Report Date
Feb 03, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.67Last Year’s EPS
$0.88Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 28, 2024
|% Change Since: 2.81%
|Next Earnings Date:Feb 03, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed scenario where increased domestic coal sales and oil & gas royalty growth were overshadowed by decreased net income, elevated costs, and challenges in the coal operations. Despite notable safety achievements and infrastructure progress, the financial metrics and market conditions suggest an overall cautious outlook.Company Guidance
During Alliance Resource Partners' Q3 2024 earnings call, Cary Marshall provided guidance for the year, emphasizing that total coal sales volumes and realized coal sales prices are expected to be near the bottom of their respective ranges, while segment adjusted EBITDA expense per ton is anticipated to hit the high end. Coal sales volumes were 8.4 million tons, a 6.7% sequential increase, though coal production declined by 7.2% year-over-year. The coal sales price per ton was $63.57, down both year-over-year and sequentially. Oil & Gas Royalty volumes reached 864,000 barrels of oil equivalent, with a year-over-year increase of 11.9%, despite lower commodity pricing. The partnership's net income for Q3 2024 was $86.3 million, or $0.66 per unit, with adjusted EBITDA at $170.4 million, reflecting a decrease from the prior year. The call highlighted the partnership's adjustments to coal production, proactive management of coal inventory, and strategic investments in capital projects aimed at future cost reductions.Increased Domestic Coal Sales
Total and domestic coal sales shipments improved from the previous quarter, increasing 6.7% and 11.9%, respectively.
Oil & Gas Royalty Growth
Third quarter volumes reached 864,000 barrels of oil equivalent, representing an 11.9% increase year-over-year and a 5.8% increase sequentially.
Safety Achievements
Recorded the lowest injury rate for a quarter since the fourth quarter of 2017, with safety statistics improved across all operations.
Infrastructure Completion Ahead of Schedule
The Henderson County mine interseam slope at River View complex is ahead of schedule, with the first unit now scheduled to start December 1.
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ARLP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ARLP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 28, 2024 | $24.98 | $24.85 | -0.52% |
| Jul 29, 2024 | $24.38 | $23.30 | -4.43% |
| Apr 29, 2024 | $19.40 | $20.38 | +5.05% |
| Jan 29, 2024 | $19.31 | $18.25 | -5.49% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Alliance Resource Partners L.P. (ARLP) report earnings?
Alliance Resource Partners L.P. (ARLP) is schdueled to report earning on Feb 03, 2025, TBA Not Confirmed.
What is Alliance Resource Partners L.P. (ARLP) earnings time?
Alliance Resource Partners L.P. (ARLP) earnings time is at Feb 03, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ARLP EPS forecast?
ARLP EPS forecast for the fiscal quarter 2024 (Q4) is $0.67.
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