Key Developments: Alliance Resource Partners LP (ARLP.O)
71.41USD
17 Jun 2013
$0.86 (+1.22%)
$70.55
$71.40
$72.04
$70.73
54,457
80,767
$78.50
$52.21
Latest Key Developments (Source: Significant Developments)
Alliance Resource Partners LP Reaffirms FY 2013 Guidance
Alliance Resource Partners LP announced that based on results to date and current estimates, it is maintaining its previously estimated ranges for fiscal 2013 revenues, excluding transportation revenues, of $2.1 to $2.2 billion, EBITDA of $600.0 to $650.0 million, and net income of $300.0 to $350.0 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $2.2 billion, EBITDA of $633.6 million and net income of $254.8 million for fiscal 2013. Full Article
Alliance Resource Partners LP Announces Quarterly Cash Distribution Increases 2.0% To $1.13 Per Unit
Alliance Resource Partners LP announced that the Board of Directors of its managing general partner increased the cash distribution to unitholders for the 2013 Quarter to $1.13 per unit (an annualized rate of $4.52 per unit), payable on May 15, 2013 to all unitholders of record as of the close of trading on May 8, 2013. The announced distribution represents a 10.2% increase over the cash distribution of $1.025 per unit for the 2012 Quarter and a 2.0% increase over the cash distribution of $1.1075 per unit for the 2012 fourth quarter (the Sequential Quarter). Full Article
Alliance Resource Partners LP Increases Quarterly Unitholder Distribution 2.1% to $1.1075 Per Unit
Alliance Resource Partners LP announced that the Board of Directors of its managing general partner increased the cash distribution to unitholders for the 2012 Quarter to $1.1075 per unit (an annualized rate of $4.43 per unit), payable on February 14, 2013 to all unitholders of record as of the close of trading on February 7, 2013. The announced distribution represents a 11.9% increase over the cash distribution of $0.99 per unit for the 2011 Quarter and a 2.1% increase over the cash distribution of $1.085 per unit for the 2012 third quarter (the Sequential Quarter). Full Article
Alliance Resource Partners LP Issues FY 2013 Guidance; Revenue Guidance Below Analysts' Estimates; Net Income Guidance Above Analysts' Estimates; Issues FY 2013 Production Guidance
Alliance Resource Partners LP announced that for fiscal 2013, it expects revenues to increase by 6.0% to 9.0% to a range of $2.1 billion to $2.2 billion, excluding transportation revenues, EBITDA in a range of $600.0 million to $650.0 million and net income in a range of $300.0 million to $350.0 million. Fiscal 2013 ranges for both consolidated EBITDA and net income reflect the pass through of approximately $20.0 million to $30.0 million of losses related to ARLP's investments in White Oak. The Company also announced that coal volumes are currently expected to increase in fiscal 2013 to a range of 38.1 million to 39.1 million tons produced and sold. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $2.3 billion, EBITDA of $633.7 million and net income of $261.4 million for fiscal 2013. Full Article
Alliance Resource Partners LP Increases Quarterly Distribution by 2.1% to $1.085 Per Unit
Alliance Resource Partners LP announced that the Board of Directors of its managing general partner increased the cash distribution to unitholders for the 2012 Quarter to $1.085 per unit (an annualized rate of $4.34 per unit), payable on November 14, 2012 to all unitholders of record as of the close of trading on November 7, 2012. The announced distribution represents a 13.6% increase over the cash distribution of $0.955 per unit for the 2011 Quarter and a 2.1% increase over the cash distribution of $1.0625 per unit for the second quarter of 2012. Full Article
Alliance Resource Partners LP Revises FY 2012 Production Guidance; Lowers FY 2012 Guidance
Alliance Resource Partners, LP revised fiscal 2012 guidance and expects production volumes in a range of 34.4 to 34.9 million tons and sales volumes of 34.8 to 35.2 million tons. For fiscal 2012, it is now anticipating revenues, excluding transportation revenues, in a range of $1.95 to $2.05 billion, Adjusted EBITDA of $565.0 to $580.0 million and net income of $300.0 to $315.0 million. Consolidated estimates for 2012 continue to reflect the pass through of development expenses related to ARLP's White Oak investments, which are now estimated in a range of $12.0 to $16.0 million for both EBITDA and net income. Full Article
Alliance Resource Partners LP Reaffirms FY 2012 Revenue Guidance; Updates On FY 2012 EBITDA And Net Income Guidance
Alliance Resource Partners LP announced that for fiscal 2012, it expects revenues of $2.06-$2.12 billion, excluding transportation revenues and anticipates near the midpoint of its previous guidance ranges for consolidated EBITDA of $585.0-$615.0 million and net income of $345.0-$385.0 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $2.08 billion for fiscal 2012. Full Article
Alliance Resource Partners LP Announces Quarterly Cash Distribution
Alliance Resource Partners LP announced that the board of directors of its managing general partner increased the cash distribution to unitholders for the 2012 Quarter to $1.0625 per unit (an annualized rate of $4.25 per unit), payable on August 14, 2012 to all unitholders of record as of the close of trading on August 7, 2012. The announced distribution represents a 15.2% increase over the cash distribution of $0.9225 per unit for the 2011 Quarter and a 3.7% increase over the cash distribution of $1.025 per unit for the first quarter of 2012 Full Article
Alliance Resource Partners, LP Raises FY 2012 Guidance
Alliance Resource Partners, LP announced that it currently expects fiscal 2012 revenues in a range of $2.06-$2.12 billion, excluding transportation revenues. For fiscal 2012, the Company is adjusting anticipated ranges for consolidated EBITDA to $585.0 to $615.0 million and net income to $345.0 to $385.0 million. According to I/B/E/S estimates, analysts were expecting the Company to report revenues of $2.08 billion, EBITDA of $609.1 million and net income of $286.1 million for fiscal 2012. Full Article
Alliance Resource Partners, LP Increases Quarterly Cash Distribution 3.5% To $1.025 Per Unit
Alliance Resource Partners, LP announced that the Board of Directors of its managing general partner increased the cash distribution to unitholders for the 2012 Quarter to $1.025 per unit (an annualized rate of $4.10 per unit), payable on May 15, 2012 to all unitholders of record as of the close of trading on May 8, 2012. The announced distribution represents a 15.2% increase over the cash distribution of $0.89 per unit for the 2011 Quarter and a 3.5% increase over the cash distribution of $0.99 per unit for the 2011 fourth quarter (the Sequential Quarter). Full Article
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