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Alliance Resource Partners, L.P. (ARLP)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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19.87-0.01 (-0.05%)
At close: 04:00PM EDT
19.86 -0.01 (-0.05%)
After hours: 07:02PM EDT
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  • T
    Tom
    So what should we value ARLP gas and oil business? Looks like that will bring substantial benefits as prices are still high or higher than Q1. The export business is setting the table for strong in basin pricing for domestic utilities and ARLP is trading sky high current spot pricing for extended term sales that extend this cycle for ARLP. They paid better than $2.00 distributions when business was not so great. They are paying off debt and investing in the zero carbon future while paying us $1.40 current rate. The next 2-3 years will be very lucrative for unit holders.
    Bullish
  • R
    RandyS
    And... $20!
  • F
    Fred
    The electricity rates here in Texas are getting real scary! My electricity provider's rate for (500 Kw per month) has shot up to 21.1 cents/Kwh for a one year contract, 20.1 cents/Kwh for a two year contract, and 19.1 cents/Kwh for a three year contract. My current 3 year contract (25 months to go until renewal) is for 10 cents/Kwh!
    Not to worry people say...We have "CHEAP" green energy from Wind and Solar. Well check this out. The largest Green energy provider in Texas charges more than fossil fuel providers do. Their one year contract is 24.5 cents/Kwh, there two year contract is 20.2 cents/Kwh, and there 3 year contract is 19.2/Kwh.
    Weren't we told that providing subsidies to Green Energy providers that we would get cheaper electricty. LOOKS LIKE THAT WAS A LIE!
    Bullish
  • T
    THOMAS
    Weekly EIA spot coal prices are out and they're unchanged for the week. They have held their 30 day, 5.3% gain, in the three basins ARLP operates.
  • G
    Gregory
    New 52 week high on nearly twice the daily average volume, with a persistent price uptick yesterday set off my stock screener radar for ARLP.
  • d
    davids
    I have been reading a little about ARLP's investment in Infintinium electric. $32 million. Company has raised $135 million from outside investors so ARLP should have a significant stake. Some major companies involved like Caterpillar and Chevron. They claim leads on $900 million in orders, so may take off rather fast. I like the coal side better but Infintinium could be a big thing.
  • R
    Robert
    Arlp is behaving exactly as I expected. I sold the June 17 $20 calls-- and got about $1. This time it is going to be touch and go. I may be totally out once again, but with an enormous tax free gain due to loss carry forwards. Be Well All
  • R
    RandyS
    Another day of super low volume and very little price activity in a crazy market. Diamond hands, gents.
    Bullish
  • R
    RandyS
    I'm flabbergasted by how well we're holding our gains over the past few weeks. The markets are down 3%+, taking away all of yesterday's gains, and we're down 0.3% on low volume.
    Bullish
  • T
    Tom
    I've been holding this bag since 2017, finally broke even. going to hold to celebrate
  • d
    davids
    Interesting, TD Ameritrade review on ARLP has a score of 10 out of 1-10, its highest rating. Predict $24 unit price. Personally I can not argue. I expect $2.00 distribution by January which would still be over 8% at $24.
  • J
    Jack
    I’ve owned Joes company since it was an IPO… own 4k then, 9k now, Bought 5k between $2.80-3.20.
    Bullish
  • d
    danaphanous
    That's some great info in the earnings and encouraging execution! It looks like the back half of 2022 and especially 2023 will be a period of elevated profitability for them now that they have started to sell their available coal for these periods and are putting a few million tons to export. They are going to have a lot of excess cash flow for a while to invest and distribute. Congrats to all longs! Seems this is just what the market wanted to hear from a coal company.

    I wanted to let you fellow board members know that I went ahead and sold a little over half of my ARLP stake as of today. ARLP has appreciated so much in my portfolio over the past 2 years that it was nearly 1/3 of all of my assets. It's been an incredible ride the past few years. My initial October 2020 buys ended up about a 7x return including distributions. Wish I had had more cash back then! I knew it was an incredible deal. A few people here had requested I post an update when I decided to trim or exit my stake so here you go. I think it likely that ARLP keeps appreciating over the course of this year given the outlook management described and how picky they have been to sell their forward tonnage at good prices, but we are starting getting back to the historical evaluation range prior to the pandemic and they are still on reduced tonnage compared to 2018. The future depends on coal, oil, and gas markets now, which are doing great and have been very profitable for me this year, but I no longer wish to keep 1/3 of my assets invested at these prices and above given long-term macro uncertainty. I prefer to invest in something that is either more undervalued for long-term average profitability or a company in a more quickly growing business, and I have spotted a few investments that I like better going forward. Wish everyone the best of luck. I'll still be around, but with a reduced % stake going forward. Very happy with how far ARLP has appreciated and management's execution. This has been an excellent post-pandemic recovery investment, but I felt it was time to take some off the table and put it into some investments that I can telegraph farther out with more certainty.
  • F
    Fred
    Just another reason to buy fossil fuel companies!: Today I looked at the state of Texas's website listing all the electricity providers you can choose from by type of fuel, price per KWH, and length of contract. Quite interesting! My current electricity provider which is guaranteed 94% FOSSIL FUEL charges 11.6 cents per KWH for a 3 year contract. Yes this is up 1.6 cents from June of last year, BUT the largest Green Energy provider in the state now charges 14.03 cents per KWH for the same length of contract. Gee I thought we have been told how cheap all that Green Energy is?

    So you pay 21% more for electricity when you use subsidized Green Energy ( and at least a 2 cents per KWH Fed subsidy is paid to the windmill company). I guess it takes a lot of money to pay back all of Biden's donors!

    Anyway you cut it...reliability and COST Green energy is a RIP OFF. Just my humble opinion. By the way I am seeing more and more articles expressing this.
    Bullish
  • I
    Itsnogoodgoose
    ARLP anticipates 10 to 15% distribution increases per quarter this year.
  • B
    Birnn
    Wonder if the purchase of a minority stake in Frances energy is taking it down today ??
  • b
    bing
    Alliance Resource Partners, L.P. Increases Quarterly Cash Distribution 40% to $0.35 Per Unit
    Bullish
  • F
    Fred
    Distribution going up 10% to 15% a quarter means a stock price of $25.00 by years end!
    Bullish
  • d
    davids
    This company is looking like a steal at $17.00. Natural gas May is tickling $7.00! Read KMI's conference call transcript to see a review of the natural gas side of the equation.
    Close down your coal plant to switch to NG? Maybe at $3.00 but probably not at $7.00 or more.
    Volumes should stay up and new contracts should bring higher prices. We should see steady increases in cash flow and our dividend. This is beginning to look like a longer term change in direction from the last ten years. With gas almost tripling in price other alternatives can take many years or even decades to be ready to supply the increasing demand of the electrical grid.
    Hope everyone bought a good slug of ARLP. Should be a nice ride
  • F
    Fred
    Nice Price Action Today!
    Bullish
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