Alliance Resource Partners (ARLP) Earning Somewhat Favorable News Coverage, Study Finds
News stories about Alliance Resource Partners (NASDAQ:ARLP) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Alliance Resource Partners earned a news impact score of 0.15 on Accern’s scale. Accern also assigned news articles about the energy company an impact score of 47.3239533600078 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Genesee & Wyoming’s North America Revenues: What Happened? (finance.yahoo.com)
- How Union Pacific’s Freight Volumes Trended in Week 5 (finance.yahoo.com)
- Brokerages Anticipate Alliance Resource Partners, L.P. (ARLP) Will Post Quarterly Sales of $452.52 Million (americanbankingnews.com)
- Alliance Resource Partners’ (ARLP) CEO Joe Craft on Q4 2017 Results – Earnings Call Transcript (seekingalpha.com)
- Alliance Resource Partners (ARLP) Downgraded by ValuEngine (americanbankingnews.com)
Several research firms have weighed in on ARLP. B. Riley reiterated a “buy” rating on shares of Alliance Resource Partners in a research report on Wednesday, November 1st. BidaskClub upgraded shares of Alliance Resource Partners from a “strong sell” rating to a “sell” rating in a research report on Tuesday, December 19th. Zacks Investment Research upgraded shares of Alliance Resource Partners from a “hold” rating to a “buy” rating and set a $23.00 price objective on the stock in a research report on Friday, February 2nd. ValuEngine cut shares of Alliance Resource Partners from a “buy” rating to a “hold” rating in a research report on Friday, February 9th. Finally, Stifel Nicolaus set a $22.00 price objective on shares of Alliance Resource Partners and gave the stock a “hold” rating in a research report on Tuesday, January 16th. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $26.12.
Alliance Resource Partners (NASDAQ:ARLP) last posted its quarterly earnings results on Monday, January 29th. The energy company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.03). Alliance Resource Partners had a net margin of 16.90% and a return on equity of 26.77%. The company had revenue of $483.00 million for the quarter, compared to analysts’ expectations of $478.15 million. During the same quarter in the prior year, the firm earned $1.30 earnings per share. The company’s revenue was down 8.4% on a year-over-year basis. sell-side analysts predict that Alliance Resource Partners will post 2.24 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, February 14th. Stockholders of record on Wednesday, February 7th were issued a dividend of $0.51 per share. This is a boost from Alliance Resource Partners’s previous quarterly dividend of $0.51. This represents a $2.04 annualized dividend and a dividend yield of 11.12%. The ex-dividend date of this dividend was Tuesday, February 6th. Alliance Resource Partners’s payout ratio is currently 58.29%.
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Alliance Resource Partners Company Profile
Alliance Resource Partners, L.P. is a producer and marketer of coal primarily to the United States utilities and industrial users. The Company operates through segments, including Illinois Basin, Appalachia, and Other and Corporate. The Illinois Basin segment consists of various operating segments, including Webster County Coal, LLC’s Dotiki mining complex, Gibson County Coal, LLC’s mining complex, which includes the Gibson North mine and Gibson South mine, Hopkins County Coal, LLC’s mining complex, which includes the Elk Creek mine, the Pleasant View surface mineable reserves and the Fies property, White County Coal, LLC’s, Pattiki mining complex, Warrior Coal, LLC’s mining complex, Sebree Mining, LLC’s mining complex, which includes the Onton mine and River View Coal, LLC mining complex.
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