Barclays PLC Increases Position in Alliance Resource Partners, L.P.
December 29, 2023
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Barclays PLC recently made an investment in Alliance Resource Partners ($NASDAQ:ARLP), L.P., a publicly traded master limited partnership (MLP) and one of the leading producers and marketers of coal in the United States. The company is also engaged in the production of natural gas and oil, as well as providing transportation, storage, and other services for the coal industry. With its increased position in Alliance Resource Partners, Barclays PLC is signaling to the market that it is bullish on the company’s prospects.
This move comes at a time when the energy sector is facing increasing pressure from environmental regulations, as well as competition from renewable energy sources. Nevertheless, Alliance Resource Partners remains well-positioned to take advantage of the opportunities presented by increased demand for coal, making this investment from Barclays PLC a wise one.
Market Price
On Tuesday, shares of Alliance Resource Partners, L.P. (ARLP) opened at $19.9 and closed at $20.3, up by 2.5% from the prior closing price of $19.8. This surge in stock price was due to the announcement that Barclays PLC has increased its position in ARLP. This rise in position has caused a positive response from investors, as they are optimistic about the future prospects of Alliance Resource Partners.
The company operates as a coal producing and marketing company in the United States, with its principal customers being utilities and industrial users of coal for electricity generation and steel making. It is no surprise that such an established company like Barclays PLC has increased its investment in ARLP, which is a promising sign for the future of the coal mining company. 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 |
| 2.64k | 739.7 | 27.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for ARLP. More…
| Operations | Investing | Financing |
| 978.67 | -600.33 | -459.57 |
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 |
| 2.81k | 961.11 | 14.38 |
Key Ratios Snapshot
Some of the financial key ratios for ARLP are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 23.1% | 128.2% | 29.7% |
| FCF Margin | ROE | ROA |
| 22.9% | 27.3% | 17.4% |
Analysis
This makes it a good option for investors looking for a reliable and consistent source of returns. We found that ALLIANCE RESOURCE PARTNERS was strong in dividend, growth, and medium in asset, profitability. The company also has a high health score of 10/10 considering its cashflows and debt, indicating that it is capable to pay off debt and fund future operations. In conclusion, ALLIANCE RESOURCE PARTNERS is an attractive option for investors looking for a reliable dividend growth stock with good financial health. 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, L.P. (ALL) has recently been the subject of positive analysis from Barclays PLC, which has increased their position in the company. This could be seen as a sign that analysts are expecting good returns from the company. Investors should research the company further and keep a close eye on the stock, as it could present a good opportunity for long-term growth. Other factors to consider include management team performance, current market trends, and competitive landscape.
Additionally, investors should closely analyze financial statements and evaluate the company’s debts and obligations. Overall, Alliance Resource Partners is an interesting option for investors looking for potential growth in the energy industry.
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