Alliance Resource Partners, L.P. (ARLP) Earnings
Alliance Resource Partners, L.P. is expected to report next earnings on July 27, 2026 (in NaN days), with a consensus EPS estimate of $0.60. ARLP has beaten EPS estimates in 7 of its last 12 reported quarters (average surprise -6.5% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 27, 2026 | $0.27 | $0.37 | +37.0% | $516M | -0.4% |
| Feb 2, 2026 | $0.61 | $0.75 | +23.0% | $536M | -2.0% |
| Feb 3, 2025 | $0.60 | $0.22 | -63.3% | $590M | -7.2% |
| Jan 29, 2024 | $1.14 | $0.88 | -22.8% | $625M | -5.5% |
| Oct 27, 2023 | $1.28 | $1.18 | -7.8% | $637M | -4.6% |
| May 2, 2023 | $1.26 | $1.45 | +15.1% | $663M | -0.9% |
| Jan 30, 2023 | $1.42 | $1.63 | +14.8% | $701M | +1.8% |
| Aug 1, 2022 | $0.96 | $1.23 | +28.1% | $617M | +10.7% |
| May 2, 2022 | $0.57 | $0.28 | -50.9% | $461M | +3.0% |
| Jan 31, 2022 | $0.69 | $0.41 | -40.6% | $473M | +2.4% |
| Feb 1, 2021 | $0.08 | $0.27 | +237.5% | $367M | +0.8% |
| Jul 27, 2020 | $-0.45 | $-0.37 | +17.8% | $255M | -14.0% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 27, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- First quarter results higher than expected due to record BOE volumes and higher commodity prices. - Coal operations had weather-related shipment delays. - Evaluating Metiki's future with uncertainty. - Royalty segments had strong results. - Balance sheet strong with total debt $507.7M, liquidity $431.2M. - Completed Riverview to Henderson County minor unit transition. - Market themes: Coal's role in grid reliability, Iran conflict impact on export market, longer-term structural support for coal-fired generation, policy developments supporting coal-fired generation. - Oil and gas royalty segment had record quarter with growth in volumes and acquisitions.
Guidance
- Maintaining overall guidance ranges for coal sales volumes, price, and segment-adjusted EBITDA expense per ton. - 2026 expected coal sales volumes more than 95% committed. - Increasing oil and gas royalty segment volume guidance by ~5% on BOE basis. - Expecting better operational visibility in second half of 2026.
Segment performance
For the 2026 quarter, Adjusted EBITDA was $155 million. Total revenues were $516 million. Coal operations: Tons produced on target but weather caused ~200,000 tons delay. Illinois Basin: Sales volumes 6.1M tons, price $51.05/ton, segment-adjusted EBITDA expense per ton $35.20. Appalachia: Sales volumes 1.8M tons, price $74.51/ton, segment-adjusted EBITDA expense per ton $62.19. Royalty segments: Total royalty revenues $61.2M, oil and gas royalty revenues $41.3M with record BOE volumes $1M, coal royalty segment $12.3M.
Risks & headwinds
- Weather-related disruptions can cause shipment delays. - Uncertainty regarding Metiki's future operations. - Commodity price fluctuations can impact revenues. - Regulatory and market uncertainties affecting coal-fired generation and royalty segments.
Analyst Q&A
Q: Joe, on Iran conflict and export market, API 2 price range,
A: Currently domestic preferred, API 2 around $120, possible future export opportunities.
Q: Customer demand into summer,
A: Customers evaluating, summer weather likely drive spot activity, forecasts predict warmer summer.
Q: PJM power shortage,
A: PJM discussing ensuring capacity, existing coal plants likely to stay open.
Q: Appalachia costs,
A: Long wall move done, costs to come down in second half.
Q: Capital allocation,
A: Continuing to look at oil and gas, interested in power plant divestments.
Q: Capital allocation criteria,
A: Hurdle rates and criteria vary by area, oil and gas return 15 - 20%+, coal investment shorter payback.
Q: Digital assets,
A: Believes Bitcoin has upside due to regulations and market trends.
Q: Second half strength,
A: Second quarter transition, second half stronger with Hamilton coming online.
Q: CapEx,
A: Included coal reserve purchases, normalize out.
Q: Outside coal purchases,
A: No additional expected.
Q: Other income,
A: Favorable actuarial and Infinitum adjustments, not regular.
Q: Stock buyback and dividend,
A: Focus on capital allocation, need distribution coverage ratio in line first.