Quarterly ResultApr 27, 2026, 08:03 AM
ARLP Q1 Net Income $9.1M (-87.7% YoY); Revenue $516M; Dividend $0.60
AI Summary
Alliance Resource Partners (ARLP) reported Q1 2026 net income of $9.1 million, a significant decrease of 87.7% year-over-year, with total revenues down 4.5% to $516.0 million. Net income was impacted by lower coal sales, higher depreciation, and a $37.8 million non-cash asset impairment charge at the Mettiki mine due to ceasing longwall production. Despite these challenges, the company declared a quarterly cash distribution of $0.60 per unit and achieved record oil & gas royalty revenues and volumes, which were up 14.6% and 16.1% year-over-year, respectively. ARLP also completed $16.2 million in oil & gas mineral interest acquisitions during the quarter.
Key Highlights
- Q1 2026 Net Income: $9.1 million, down 87.7% YoY.
- Q1 2026 Total Revenue: $516.0 million, down 4.5% YoY.
- Declared quarterly cash distribution of $0.60 per unit.
- Non-cash asset impairment charge of $37.8 million at Mettiki mine.
- Oil & Gas Royalty revenues increased 14.6% YoY; volumes up 16.1% YoY.
- Completed $16.2 million in oil & gas mineral interest acquisitions.
- Total Coal Operations Segment Adjusted EBITDA: $125.1 million, down 10.8% YoY.
- Total Royalties Segment Adjusted EBITDA: $46.9 million, up 19.3% YoY.