Coal-mining giant Alliance Resource Partners, L.P. in Tulsa announced it had a stunning and soaring gain of adjusted earnings in the fourth quarter of 2025.
The company reported fourth quarter financial and operating results which produced a 406.2% increase in Adjusted EBITDA of $191.2 million. Its year-over-year Adjusted earnings gained 54.1%. Alliance recorded $82.7 million in fourth quarter net income.
Full year 2025 total revenue of $2.2 billion, net income of $311.2 million, and Adjusted EBITDA of $698.7 million. However, the net income for the year was down compared to the $360.9 million for the 2024 Full Year.
While coal is the main product of the Oklahoma company with operations in the Appalachians, Alliance also saw record full year and fourth quarter oil and gas royalty volumes, up 7.2% and 20.2% respectively year over year. Its coal production volumes grew 8.2 million tons produced which represented a year-over-year gain of 18.7%.
“Our team delivered solid performance to close out the fourth quarter and full year,” commented Joseph W. Craft III, Chairman, President and Chief Executive Officer. “We achieved record Oil & Gas royalty volumes, underscoring the quality of our minerals portfolio. In our coal operations, the Illinois Basin continued to
perform well, highlighted by Hamilton’s record year for clean tons and yield. While Appalachia costs increased sequentially primarily due to an unplanned outage at a key customer’s plant that required production adjustments at Mettiki and lower recoveries at Tunnel Ridge, we expect Appalachia costs to improve in 2026 as mining progresses in the new district at Tunnel Ridge.”
He noted the company is also among those “supported by the Trump administration which this month reestablished the National Coal Council, citing coal’s critical importance to our country’s economic competitiveness and national security, warning that the United States cannot win the global AI race without coal.”