Alliance Resource Partners (ARLP) Posts Q1 Loss of $1.14/Share
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Alliance Resource Partners, L.P. Reports First Quarter 2020 Financial and Operating Results
May 8, 2020 7:00 AM EDTDecisive actions taken amid the COVID-19 outbreak and market deterioration to safeguard employee health and safety, support communities and customers as an essential supplier to critical infrastructure, protect strong balance sheet and enhance liquidityÂ
TULSA, Okla.--(BUSINESS WIRE)-- Alliance Resource Partners, L.P. (NASDAQ: ARLP) today reported a net loss attributable to ARLP of $144.8 million, or $(1.14) per basic and diluted limited partner unit for the quarter ended March 31, 2020 (the "2020 Quarter"), which included non-cash impairment charges of $157.0 million. This compares to net income attributable to ARLP of $276.4 million, or $2.12 per... More
