Alliance Resource Partners (ARLP) Tops Q4 EPS by 19c, Revenues Beat
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Alliance Resource Partners, L.P.: Rebound Continued in the Fourth Quarter 2020 with Sequential Increases to Coal Volumes, Revenues, Net Income and EBITDA
February 1, 2021 7:00 AM ESTTULSA, Okla.--(BUSINESS WIRE)-- Alliance Resource Partners, L.P. (NASDAQ: ARLP) today reported improved financial and operating performance for the quarter ended December 31, 2020 (the 2020 Quarter) compared to the quarter ended September 30, 2020 (the Sequential Quarter). Increased coal sales and oil & gas royalty revenues drove total consolidated revenues higher by 3.1% to $366.5 million compared to the Sequential Quarter. Higher revenues led to increased net income and EBITDA, which rose 28.8% to $35.0 million and 2.1% to $121.4 million, respectively, each compared to the Sequential Quarter. (Unless otherwise noted, all references in the text of this release to net income (loss) refer... More
