I'm a 28-year old investor looking to buy a basket of high yielding energy-related MLPs. Just wondering if this company pays out high dividends that grow on a regular basis. And if existing unitholders have made money off this stock and believe its a good bet against oil and gas fluctuations.
You can't expect others to inform you of that decision. (believe me long ago in nfi - take a look now, and huge band of "brothers" encouraging others to be in, stay in and even buy until it was/is a penny stock.... (big market people as well who knew how to analize a company - or so they thought, even haven met ceo's at company Barbecues. Well companies, news, and analyst lie).Some wisely got out. Reason now why I only stick to technical analysis - charts do not lie!
That said, I have been in arlp for many year and have little understanding of it's fundamentals verses says an analyst. I do know ta and buy on dips like today (but will wait until volume drys up and other indicators, so will wait and see. I have my own opinions on coal based on as much research as I can do.
You need to go to their web site and do some research.
Also if you go to the AHGP board there are more "educated" posters there as to the fundamentals. Ahgp and arlp are joined at the "hip".
Best to you.
Alliance Holdings GP, L.P., through its subsidiaries, produces and markets coal primarily to utilities and industrial users in the United States. It produces a range of steam coal with varying sulfur and heat contents. As of December 31, 2009, the company operated 9 coal mining complexes in Illinois, Indiana, Kentucky, Maryland, and West Virginia. It also had approximately 647.2 million tons of coal reserves in Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. In addition, the company leases land and operates a coal loading terminal, with a capacity of 8.0 million tons with ground storage of approximately 60,000 to 70,000 tons, on the Ohio River at Mt. Vernon, Indiana. Further, it engages in trading of coal, as well as offers services, including ash and scrubber sludge removal, coal yard maintenance, and arranging alternate transportation services. Alliance GP, LLC, serves as the general partner of the company. Alliance Holdings GP, L.P. is based in Tulsa, Oklahoma.
One more thing - you need to follow any "cap and trade" law that gets passed probably on a weekend at midnight when staffers make the final decisions and our President signs off. This will affect energy stocks and coal esp.
(I do support the end of mounting strip mining and destruction of the environment, this law will not affect that at all)