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Alliance Resources Partners rises after Q1 profit beat

ReutersApr 28, 2025 3:57 PM

Energy company Alliance Resources Partners LP's ARLP.O shares rise almost 4% at $28.31 after Q1 profit beat

Co reports EPS of 57 cents and revenue at $540.47 mln vs Wall Street estimates of 50 cents and $552.05 mln, respectively - data compiled by LSEG

Revenue decreased due to reduced coal sales volumes and prices along with lower transportation revenues - ARLP

Co adds they have secured solid volume commitments for 2025 and 2026, but anticipate 2026 average coal sales price per ton to be 4% to 5% below 2025 outlook

Current average analyst rating is "buy"; median PT is $29.50

Including current session's moves, ARLP up 6.5% YTD

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