Alliance Resource investors await 4Q earnings report

Investor Relations - Investor Overview - Corporate Profile | Alliance  Resource Partners, L.P.

 

The question investors in Alliance Resource Partners, L.P. want answered is whether the Tulsa-based company’s big money gains in the third quarter will continue in the fourth quarter.

They’ll know when the company reports its fourth quarter 2022 financial results before the market opens on Monday, January 30, 2023.

Alliance management will discuss these results during a conference call beginning at 10:00 a.m. Eastern that same day.

At the end of September, Alliance reported its total revenues were a record $628.4million. They increased 51.3% from the $415.4million for the 2021 quarter, thanks to what the firm described as “significantly higher coal sales revenues. The coal sales rose $188.3 million to $550.6 million.

Oil and gas royalties for the coal company jumped more than 75% and hit $35.3 million.