Alliance Resource Partners, L.P. Reports Strong Financial and Operating Results, Including Increased Quarterly and Annual Net Income and EBITDA; Maintains Quarterly Cash Distribution of $0.4375 Per Un

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Go back to Alliance Resource Partners, L.P. Reports Strong Financial and Operating Results, Including Increased Quarterly and Annual Net Income and EBITDA; Maintains Quarterly Cash Distribution of $0.4375 Per Un

Alliance Resource Partners (ARLP) PT Raised to $29 at FBR Capital Following 4Q Report

January 31, 2017 7:19 AM EST

FBR Capital raised its price target on Alliance Resource Partners (NASDAQ: ARLP) to $29.00 (from $28.00) while maintaining a Outperform rating. On January 30, ARLP reported a 4Q16 beat, with adjusted EBITDA of $209M, versus consensus' $177M. Guidance for 2017 was provided, anticipating coal production of 37.9M38.9M tons and coal sales of 37.9M 39.2M... More