Alliance Resource Partners (ARLP)

Alliance Resource Partners (ARLP)
ALRP produces and markets coal to enterprise and industrial consumers in the U.S. The company has coal mines in Kentucky, Maryland, Indiana, Illinois, and West Virginia. ALRP’s stock has gained 91.3% over the past six months to close yesterday’s trading session at $6.12.
The company recently opened a new mining operation in Appalachia. It has also booked commitments for the supply of 9.9 million tons of coal until 2025.
For the quarter ended December 31, 2020, ALRP reported an increase in revenue of 3.1% sequentially. Its EBITDA rose 28.8% during the same period.
ARLP is expected to see a revenue growth of 26.9% for the quarter ended March 31,2021 and 14.7% in 2021. Its EPS is estimated to grow 15.9% in 2021 and at a rate of 13.6% per annum over the next five years.
The POWR Ratings are also high on ARLP. It has an Overall Rating of A, which translates to a Strong Buy. The POWR Ratings are calculated by considering 118 different factors with the weighting of each optimized to improve overall performance.
In total, we rate ARLP on eight different levels. Beyond what we stated above, we also have given ARLP grades for Stability, Value, Momentum, and Growth. Get all the ARLP ratings here.
It is also good to know that the MLPs - Other industry is ranked #35 out of 124 industries. And in this top-rated group, RPM is ranked #2 out of 13 MLPs - Other stocks.
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