Overview

* Alliance Resource Partners ( ARLP ) Q3 revenue beats analyst expectations despite lower coal sales prices

* Net income for Q3 rises 10.2% yr/yr due to reduced operating expenses and higher investment income

* Company declares quarterly cash distribution of $0.60 per unit

Outlook

* Alliance Resource Partners ( ARLP ) tightens 2025 coal sales volume guidance to 32.5-33.25 mln short tons

* Company expects 2025 coal sales price per ton to be $58-$60

* Alliance sees 2025 oil & gas royalties at 1,575-1,625 thousand barrels

Result Drivers

* COAL SALES VOLUMES - Increased coal sales volumes contributed to higher Q3 revenues compared to the previous quarter

* INFRASTRUCTURE INVESTMENTS - Infrastructure investments improved operational performance, particularly at Tunnel Ridge and Hamilton mines

* BETTER MINING CONDITIONS - Improved mining conditions at Tunnel Ridge reduced costs per ton, aiding Q3 results

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $571.40 $568.90

Revenue mln mln (4

Analysts

)

Q3 Net $96.81

Income mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the coal peer group is "buy"

* Wall Street's median 12-month price target for Alliance Resource Partners LP ( ARLP ) is $29.75, about 22.5% above its October 24 closing price of $23.05

* The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)