ARLP

Alliance Resource Partners, L.P. (NASDAQ:ARLP) is a diversified natural resource company founded in 1971 and headquartered in Tulsa, Oklahoma. The company went public in 1999 and has evolved from a traditional coal mining operation into a broader energy company with interests in coal production, oil and gas royalties, and emerging energy technologies. ARLP operates as a master limited partnership (MLP), which allows it to pass through income directly to unitholders while avoiding corporate-level taxation. The company has weathered significant industry challenges over the past decade, including declining coal demand and regulatory pressures, while strategically diversifying its revenue streams and maintaining its position as one of the largest coal producers in the United States.