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Alliance Resource Partners, L.P. (ARLP)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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4.3000+0.1200 (+2.87%)
At close: 4:00PM EST
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  • r
    ravi
    Coal up to 67$
    Santa must be stocking up for all the naughty Dem’s stockings
  • j
    john
    What is reason for big recent % gains?? Are we getting our Div. reinstated? Sale pending? Something else?
  • n
    nicholas
    Wish it would take off but gottta respect this climb. Shoutout to the people who’ve been waiting 6+ months with me.
    Bullish
  • E
    Eddie D
    popped through $4. I like the chart.
  • F
    Fred
    Today's stock market action was great to see.....Tech down, value up! I also noticed a competitor Consol (CEIX) said they are in active discussions to sell their Cumberland thermal coal mine or close it by end of 2022. 2019 production 6.6 M tons. Wonder if ARLP is sniffing around the mine. I bet they are talking the Consol's customers.
    Bullish
  • D
    Daniel
    I don’t get the major sell off today. A Biden win seemed to have been priced in by the general market months ago. I’d even say that election night went better than expected for this company since it looks like Republicans will retain a majority in the senate, which would block the majority of climate change legislation. Nonetheless, coal accounts for 20% of electricity generation, so no matter what laws are passed, this still is going to play a role (albeit declining) in power generation for the next couple of decades.
  • d
    danaphanous
    I noticed Illinois basin coal spot prices rose 5c/ton last week and global export price for coal just broke above $62/ton for the first time since April. These are very good catalysts for the price negotiations they are currently in for the new 2021 long-term contracts. Hoping they lock in some good contract rates!
  • d
    dan
    Getting more optimistic on Coal & specifically ARLP. Based on more & more evidence of massive 3 pronged and premeditated election fraud I think the JB is Pres elect is a mirage soon to dissipate into Trump 2nd term. That said I just read an article highlighting JB's energy "plan".. Smoke and mirrors going all in on "Renewable" energy EV's, Solar, etc.. Gonna need a LOT more coal to plug everything in.. :)
  • F
    Fred
    You know your stock has hit the big time when a Motley Fool staff writer writes an article bad mouthing your stock while trying to sell you their news letter. Happened yesterday for ARLP....LOL
    Bullish
  • F
    Fred
    "But prompt-month coal prices increased in the latest half month. Central Appalachia 12,500 Btu/lb rail (CSX) coal for prompt-month delivery averaged $49.23/st in H1 November, up from $47.77/st in H2 October and $44.15/st in H1 November 2019."

    Google "Coal generation share in PJM rises in first-half November" for full article
    Bullish
  • r
    r_u_buying
    Aaaand - here we go back down again. Keep a look out there, Joe. If past is prologue, you could just yet get that $3.50 buy in price! :P
  • t
    t
    Turned the corner, very upbeat outlook! Long and Strong ARLP!
    Bullish
  • r
    ravi
    when do we start going up by dollars?
  • j
    joe
    Can I get this at below 3.50?
    Neutral
  • d
    danaphanous
    Incredible report. Great job ARLP! All I was hoping to see and more. Posted solid profit crushing analyst expectations with a quarter even better than what they projected for next year, reduced operating costs substantially, sold more coal than expected, reduced G&A expenses, reduced debt by 100M greatly improving their balance sheet and leverage ratios, Tangible asset value increasing. For those disappointed about the continued delay in resuming distributions note this: they instead used their entire FCF to pay down debt ~100M. That's incredible, and puts them in an even more sustainable position for distributions in the future. Just have patience. I won't post a detailed breakdown of the positives yet as I'm busy with work today but I think we can all see that this was a knockout report. Even better than my most optimistic case.
  • G
    Greg
    I'm almost even will this run continue?
  • j
    jim
    just bring it's dividend back.
    Bullish
  • R
    Rari.Fe
    Do you guys think that the elections would affect this company...if so who do you think would benefit the company trump or Biden
    Neutral
  • n
    nicholas
    Regardless of a COVID market, winter is still coming. Just be patient and buy the dips. Her time will come.
  • n
    nicholas
    Big tech is fading and it’s back to value investing, volume already exceeded average trading indicating the return of many institutions looking to catch the next big wave.
    Bullish