ALLIANCE RESOURCE PARTNERS Reports Fourth Quarter FY2022 Earnings Results as of December 31, 2022
March 27, 2023
Earnings Overview
On January 30 2023, ALLIANCE RESOURCE PARTNERS ($NASDAQ:ARLP) reported their fourth quarter FY2022 earnings results, as of December 31 2022. Compared to the same quarter in the prior year, total revenue surged by 313.8% to USD 214.4 million while net income rose by 48.0% to USD 700.7 million.
Transcripts Simplified
Alliance Resource Partners, LP (ARLP) released its fourth quarter and full year 2022 financial and operating results. The results highlighted record revenues, net income, and EBITDA for the full year. The fourth quarter was also strong, with coal sales and oil and gas royalty revenues up significantly compared to the 2021 quarter, as well as higher net income and EBITDA. The increases were partially due to supply chain difficulties, transportation challenges, inflationary pressures, post-pandemic demand increases, and global governmental policies leading to historically high commodity prices.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for ARLP. More…
| Total Revenues | Net Income | Net Margin |
| 2.41k | 577.19 | 23.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for ARLP. More…
| Operations | Investing | Financing |
| 791.81 | -403.34 | -214.85 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for ARLP. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.66k | 1.02k | 12.7 |
Key Ratios Snapshot
Some of the financial key ratios for ARLP are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.0% | 33.4% | 27.9% |
| FCF Margin | ROE | ROA |
| 21.0% | 27.3% | 15.7% |
Share Price
Monday was a highly profitable day for ALLIANCE RESOURCE PARTNERS, as the company reported its fourth quarter FY2022 earnings results. Following the announcement, the stock opened at $22.6 and closed at $22.5, a rise of 8.8% from its last closing price of $20.7. This rise in stock price was likely due to the positive results of the company’s financial report. The company’s fourth quarter FY2022 earnings results were also driven by cost cutting measures and higher sales of its products.
ALLIANCE RESOURCE PARTNERS was able to reduce its operating costs by 10% compared to the same period last year, resulting in improved profitability. Overall, the fourth quarter FY2022 earnings results reported by ALLIANCE RESOURCE PARTNERS were strong and encouraging for investors. The stock performed well on Monday, and the company’s strong financial performance provides assurance that it is well-positioned for future growth. Live Quote…
Analysis
At GoodWhale, we believe in providing our customers with comprehensive insights regarding the fundamentals of ALLIANCE RESOURCE PARTNERS. Our analysis reveals that ALLIANCE RESOURCE PARTNERS is strong in dividend and medium in asset, growth, and profitability. This leads us to classify the company as a ‘cheetah’, a type of company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. Investors looking for high returns could benefit from investing in ALLIANCE RESOURCE PARTNERS, however they should be aware of the potential risks associated with their investment. We are pleased to note that ALLIANCE RESOURCE PARTNERS has a high health score of 10/10 with regard to its cashflows and debt, meaning that it is capable to sustain future operations in times of crisis. With this in mind, investors may be interested in allocating part of their portfolio to ALLIANCE RESOURCE PARTNERS. More…
Peers
All of these companies are striving to produce the highest quality coal possible while also maintaining a low cost of production. Although Alliance Resource Partners LP is the largest coal producer in the United States, it faces stiff competition from its competitors.
– NACCO Industries Inc ($NYSE:NC)
NACCO Industries, Inc. is a holding company that operates through its subsidiaries. The company’s businesses include mining, retail, and other. Its mining subsidiary is engaged in the mining of coal and other minerals. The retail subsidiary operates department stores, home improvement stores, and other retail businesses. The company’s other businesses include insurance, real estate, and investments.
– PT Prima Andalan Mandiri Tbk ($IDX:MCOL)
In 2022, PT Prima Andalan Mandiri Tbk had a market capitalization of 26.22 trillion rupiah and a return on equity of 69.24 percent. The company is engaged in the development, management, and operation of toll roads and related infrastructure in Indonesia.
– PT Borneo Olah Sarana Sukses Tbk ($IDX:BOSS)
PT Borneo Olah Sarana Sukses Tbk has a market capitalization of 84 billion as of 2022 and a return on equity of 64.91%. The company is engaged in the production and distribution of oil and gas.
Summary
Investors in Alliance Resource Partners (ARLP) have been rewarded with impressive financial results in Q4 of FY2022. Total revenue rose 313.8% year over year to 214.4 million, while net income saw an impressive 48.0% increase to 700.7 million. As expected, ARLP’s stock price reacted positively to these results, making it a strong choice for investors. With strong fundamentals and a promising outlook, ARLP is sure to be a strong performer for investors in the coming year.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
