Alliance Resource Partners ( (ARLP) ) has released its Q4 earnings. Here is a breakdown of the information Alliance Resource Partners presented to its investors.
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Alliance Resource Partners, L.P. is a diversified energy company and the second largest coal producer in the eastern United States, generating revenue from both coal production and oil & gas royalties. In its latest earnings report, Alliance Resource Partners announced a total revenue of $2.4 billion for the fiscal year 2024, with a net income of $360.9 million and an adjusted EBITDA of $714.2 million. Despite a decrease in coal sales volume, the company achieved record oil and gas royalty volumes, marking a 9.6% year-over-year increase. The company completed $9.6 million in oil and gas mineral interest acquisitions during the fourth quarter and declared a quarterly cash distribution of $0.70 per unit. Key financial metrics revealed a decline in total revenues and adjusted EBITDA in the fourth quarter of 2024, attributed to lower coal sales prices and volumes, increased operating expenses, and non-cash impairment charges. However, the company benefited from an increase in the fair value of its digital assets. Looking forward, Alliance Resource Partners anticipates improved coal production costs and remains optimistic about its ability to pursue growth in its Oil & Gas Royalties segment in 2025. The management expects a supportive regulatory environment and increased electricity demand to bolster its position as a key player in the energy sector.
