ALLIANCE RESOURCE PARTNERS Reports Second Quarter FY2023 Earnings Results on July 31 2023
August 20, 2023
🌥️Earnings Overview
On July 31, 2023, ALLIANCE RESOURCE PARTNERS ($NASDAQ:ARLP) reported its earnings results for the second quarter of FY2023, which ended on June 30, 2023. The company’s total revenue grew by 4.1% year-over-year to USD 641.8 million, while its net income increased by 5.1% to USD 169.8 million.
Price History
On July 31, 2023, ALLIANCE RESOURCE PARTNERS (ARLP) reported its second-quarter fiscal year 2023 earnings results. At market opening Monday, ARLP’s stock opened at $19.4 and closed the day at $19.9, up by 4.0% from the prior closing price of 19.2. The financial results for the quarter were positive with a strong revenue and operating income.
The results further solidify ARLP’s position as a leader in coal production and sales, and indicate that it will be well-positioned to capitalize on the growth opportunities in the energy sector in the coming years. The strong earnings further increased investor confidence in the company and its stock price accordingly. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for ARLP. More…
| Total Revenues | Net Income | Net Margin |
| 2.63k | 745.17 | 27.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for ARLP. More…
| Operations | Investing | Financing |
| 1.06k | -517.61 | -364.1 |
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 |
| 2.79k | 1k | 13.85 |
Key Ratios Snapshot
Some of the financial key ratios for ARLP are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 20.0% | 104.8% | 30.3% |
| FCF Margin | ROE | ROA |
| 26.8% | 29.0% | 17.9% |
Analysis
GoodWhale has analyzed ALLIANCE RESOURCE PARTNERS’s financials and offers a Risk Rating to help you make informed decisions. Our data have concluded that ALLIANCE RESOURCE PARTNERS is a medium risk investment, meaning there are both positives and negatives to consider. We have detected two risk warnings in their income sheet and balance sheet, so be sure to register with us to get the full report. With GoodWhale, you can have the confidence that you have all the information you need to make the best decision for your investment portfolio. 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
ALLIANCE RESOURCE PARTNERS reported stellar earnings results for Q2 FY2023, with total revenue of USD 641.8 million and net income of USD 169.8 million, representing a 4.1% and 5.1% year-over-year increase respectively. On the same day, the company’s stock price saw a positive movement. For investors, this is a clear indication that ALLIANCE RESOURCE PARTNERS is well-positioned for growth and profitability. The company’s performance highlights its ability to leverage current market conditions and generate returns, thereby making it an attractive investment option.
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