Alliance Resource Partners, L.P., the Tulsa-based company with major coal mining operations in the eastern part of the U.S. as well as oil and gas investments elsewhere, plans a release of second quarter earnings report in a few weeks.
The company announced the release will be before the maraket opens on Monday, July 29. A conference call will be held the same day featuring company leaders. It will begin at 9 a.m. central time.
Alliance reported a more than 4% increase in total revenues in the first quarter compared to the previous quarter. Coal sales volumes were up 2.4% year-over-year and the company’s oil and gas royalty volumes were a record with an 18.3% year over year increase and 11% higher than the 4th quarter of 2023.
Total revenues for the quarter were $651.7 million, down slightly from the $662.9 million in the first quarter of 2023.