Profile: Alliance Holdings GP LP (AHGP.O)

AHGP.O on Nasdaq

70.89USD
25 Jul 2014
Price Change (% chg)

$0.60 (+0.85%)
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$70.29
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Volume
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$70.95
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Alliance Holdings GP, L.P. (AHGP) owns, directly and indirectly, 100% of the members’ interest in Alliance Resource Management GP, LLC (MGP), the managing general partner of Alliance Resource Partners, L.P. (ARLP). As of December 31, 2011, AHGP’s assets included its ownership interests in ARLP, which consist of a 1.98% general partner interest in ARLP, which it holds through its 100% ownership interest in MGP; the incentive distribution rights (IDRs) in ARLP; 15,544,169 common units of ARLP, representing approximately 42.3% of the common units of ARLP, and a 0.001% managing interest in Alliance Coal, which it holds through its 100% ownership interest in MGP. The ARLP Partnership is a diversified producer and marketer of coal primarily to United States utilities and industrial users. The ARLP Partnership operates 10 underground mining complexes in Illinois, Indiana, Kentucky, Maryland, and West Virginia, including the new Tunnel Ridge mine in West Virginia. The ARLP Partnership’s mining activities are conducted in three geographic regions: Illinois Basin, Central Appalachian and Northern Appalachian regions.

Illinois Basin Operations

The ARLP Partnership’s Illinois Basin mining operations are located in western Kentucky, southern Illinois and southern Indiana. As of February 1, 2012, the ARLP Partnership operated six mining complexes in the Illinois Basin. The ARLP Partnership’s subsidiary, Webster County Coal, LLC (Webster County Coal), operates Dotiki, which is an underground mining complex located near the city of Providence in Webster County, Kentucky. The ARLP Partnership’s subsidiary, Warrior Coal, LLC (Warrior), operates an underground mining complex located near the city of Madisonville in Hopkins County, Kentucky. The ARLP Partnership’s subsidiary, White County Coal, LLC (White County Coal), operates Pattiki, an underground mining complex located near the city of Carmi in White County, Illinois. The Hopkins complex is located near the city of Madisonville in Hopkins County, Kentucky. The ARLP Partnership’s subsidiary, Hopkins County Coal, LLC (Hopkins County Coal) operates the Elk Creek underground mine. The ARLP Partnership’s subsidiary, Gibson County Coal, LLC (Gibson County Coal), operates the Gibson North mine and its subsidiary Gibson County Coal (South), LLC (Gibson South) is constructing the Gibson South mine. The ARLP Partnership acquired River View Coal, LLC (River View) is a controlled coal reserves located in Union County, Kentucky, from Alliance Resource Holdings, Inc. (ARH). The ARLP Partnership controls, through its subsidiaries, Alliance Resource Properties, LLC (Alliance Resource Properties) and ARP Sebree, LLC, undeveloped reserves in Webster County, Kentucky, which it refers to as the Sebree Reserves.

Central Appalachian Operations

The ARLP Partnership’s Central Appalachian mining operations are located in eastern Kentucky. As of February 1, 2012, the ARLP Partnership operated two mining complexes in Central Appalachia. The Pontiki complex is located near the city of Inez in Martin County, Kentucky. The ARLP Partnership’s subsidiary, Pontiki Coal, LLC (Pontiki), owns the mining complex and controls the reserves, and its subsidiary, Excel Mining, LLC (Excel), conducts all mining operations. The MC Mining complex is located near the city of Pikeville in Pike County, Kentucky. The ARLP Partnership’s subsidiary, MC Mining, LLC (MC Mining), owns the mining complex and leases the reserves, and Excel conducts all mining operations.

Northern Appalachian Operations

The ARLP Partnership’s Northern Appalachian mining operations are located in Maryland and West Virginia. As of February 1, 2012, the ARLP Partnership operated two mining complexes in Northern Appalachia. The ARLP Partnership also controls undeveloped reserves in West Virginia and Pennsylvania. The ARLP Partnership’s subsidiary, Mettiki Coal, LLC (Mettiki (MD)), operated an underground longwall mine located near the city of Oakland in Garrett County, Maryland. The ARLP Partnership’s subsidiary, Tunnel Ridge, LLC (Tunnel Ridge), controls, through a coal lease agreement with its special general partner, approximately 100.3 million tons of proven and probable high-sulfur coal in the Pittsburgh No. 8 coal seam in West Virginia and Pennsylvania. The ARLP Partnership’s subsidiary, Penn Ridge Coal, LLC (Penn Ridge), is party to a coal lease agreement with Allegheny Pittsburgh Coal Company (Allegheny), to which Penn Ridge leases Allegheny’s Buffalo coal reserve in Washington County, Pennsylvania, which is estimated to include approximately 56.7 million tons of proven and probable high-sulfur coal in the Pittsburgh No. 8 seam.

Other Operations

The ARLP Partnership’s subsidiary, Mt. Vernon, leases land and operates a coal loading terminal on the Ohio River at Mt. Vernon, Indiana. Coal is delivered to Mt. Vernon by both rail and truck. The terminal has a capacity of 8.0 million tons per year with existing ground storage of approximately 60,000 to 70,000 tons. During the year ended December 31, 2011, the terminal loaded approximately 2.3 million tons for customers of Pattiki, Gibson and Elk Creek. During 2011, the ARLP Partnership sold approximately 539,000 tons classified as brokerage coal. In September 2011, the ARLP Partnership completed a series of transactions with White Oak related to the development of White Oak Mine No. 1. The ARLP Partnership’s subsidiaries, Matrix Design Group, LLC and Alliance Design Group, LLC (collectively, Matrix Group), provides a range of mine products and services for the ARLP Partnership’s mining operations and to unrelated parties. The ARLP Partnership develops and markets additional services in order to establish itself as the supplier of choice for its customers.

The Company competes with Alpha Natural Resources, Inc., Arch Coal, Inc., CONSOL Energy, Inc., International Coal Group, Inc., James River Coal Company, Murray Energy, Inc., Patriot Coal Corporation, Foresight Energy LLC and Peabody Energy Corp.

Company Address

Alliance Holdings GP LP

P.O. Box 22027
TULSA   OK   74121
P: +1918.2957600
F: +1302.6555049

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