Wonder is the payout will be the same and somehow it leaked? Heck who knows. I bought more in last years long side step in the 25 buck region and many thought that was the bottom and it dropped to almost 10 in February. The 25 buck regions was long in June to Sept in 2015.
The market seems to have priced ARLP like the dividend should be way less, 7 days and we will know the March 2016 results. ARLP has had a good buffer/coverage so hopefully the payout will be the same or just a minor cut. I have owned ARLP since early 2012 and bought more on the dips. The last year has been a down ride
Earning Forecast estimate for quarter that ended March 2016 at dot come nasdaq are from a low of 0.18, high of 0.57 average of 0.41. Even the high is lower than the current payout of 0.675; thus do we expect the next dividend to be say one half ie about say 0.38?
"Either way my EPS estimate for Q4 is .38-.42 cents" is what mathmagic1 said 6 hours ago.
Corvus Business early today said "Analysts expect Alliance Resource Partners, L.P. to post earnings of $0.78 per share for the quarter."
On Google finance the latest news link by Corvus says "Alliance Resource Partners, L.P. (NASDAQ:ARLP) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, January 26th. Analysts expect Alliance Resource Partners, L.P. to post earnings of $0.78 per share for the quarter." ie about twice you guess
Soon the entire world will be all solar. All power plants, Freight trains and Cement trucks and airplanes will be solar and all coal, natural gas and fuel oil usage will be zero.
Jan 18th 2016 Zacks survey of analysts predicts 0.63 EPS for the quarter to be announced JAN 26,2016 Last quarters number was 0.61 actual on Tuesday, October 27th. To have a 40 percent cut would imply that the next results would be way off say 0.3 to 0.4 EPS
Future sales prices of coal contracted to power plants are the unknown bogey. Thus the fickle market is scared of the more murky cash flows and profits tanking and thus the stock has fearful sellers. "Math" guy on his forum has more radical stance that the profit faucet is closing. A stock's worth is hard to figure and often questionable when the future cash flows and profits are more of an unknown. In the short term the "sky is falling" herd will sell off their stocks. The "sell for moral/climate" groups I would hope have finally sold off their blocks of stock but who really knows. Natural Gas being cheap in price does limit coals prices. A power plant may not want to have any long term contracts when prices are falling.