Alliance Resource Stock Earnings Reports

Alliance Resource Partners reported a strong Q2 2026 with total revenues of $551.6 million, net income attributable to ARLP of $79.6 million (up 33.9% YoY), and adjusted EBITDA of $185.7 million (up 14.7% YoY). Coal sales volumes were 8.6 million tons (up 2.1% YoY) with improved operating costs (segment adjusted EBITDA expense per ton $38.68, a ~6% improvement YoY) driven by productivity gains across key mines (Tunnel Ridge, Hamilton, River View). The Oil & Gas Royalties segment delivered record quarterly revenue ($46.5 million) and record segment adjusted EBITDA ($38 million), helped by higher realized BOE prices. Subsequent to quarter-end Alliance closed the AllDale III & IV acquisition (July 1) for $206.2 million, giving ARLP ~61% economic interest across the funds; the deal is expected to be immediately accretive to free cash flow per unit. Balance sheet highlights: total debt and finance leases $590.2 million, cash $111.2 million, total liquidity $424 million, and leverage of 0.82x total / 0.67x net debt-to-TTM adjusted EBITDA. Distributable cash flow was $108.2 million for the quarter with distribution coverage of 1.39x. Company maintained 2026 guidance for coal sales volumes (33.75–35.25M tons), sales price ($54–$56/ton) and cost guidance ($37–$39/ton) while raising oil & gas volume guidance to reflect AllDale. Commercial momentum is strong: 21.2 million tons of new commitments booked during the quarter and 29.4 million tons committed/priced for 2027. Management expects higher production and lower costs in H2 2026 (no further major longwall moves until 2027), prioritized deleveraging and disciplined M&A in minerals, and continued focus on returning value to unitholders.