Alliance Resource Partners (ARLP) Posts Q4 GAAP Loss
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Alliance Resource Partners, L.P. Reports Quarterly and Annual Financial and Operating Results; Maintains Quarterly Cash Distribution of $0.675 Per Unit
January 26, 2016 7:00 AM ESTTULSA, Okla.--(BUSINESS WIRE)-- Alliance Resource Partners, L.P. (NASDAQ: ARLP) today reported financial and operating results for the year ended December 31, 2015 (the "2015 Year"), which included record volumes of coal produced and sold. Revenues for the 2015 Year decreased to $2.27 billion, a decline of 1.2% compared to the year ended December 31, 2014 (the "2014 Year"), as a 3.5% decrease in coal sales prices offset record coal sales volumes. Lower revenues and the net $77.6 million impact in the 2015 Year of non-cash items led to reduced EBITDA of $670.0 million for the 2015 Year, a decrease of 16.7% compared to the 2014... More
Alliance Holdings GP, L.P. Reports Quarterly and Full Year Financial Results; Maintains Quarterly Distribution of $0.96 Per Unit
January 26, 2016 7:00 AM ESTTULSA, Okla.--(BUSINESS WIRE)-- Alliance Holdings GP, L.P. (NASDAQ: AHGP) today announced that the Board of Directors of its general partner (the "Board") approved a distribution to unitholders for the quarter ended December 31, 2015 (the "2015 Quarter") of $0.96 per unit, or an annualized rate of $3.84 per unit, payable on February 19, 2016 to AHGPs unitholders of record as of the close of trading on February 12, 2016. The declared quarterly cash distribution represents a 4.9% increase over the cash distribution of $0.915 per unit for the quarter ended December 31, 2014 (the "2014 Quarter") and is equal to the cash distribution for the quarter ended... More
