Alliance Resource Q1 revenue falls 4.5% on lower coal pricing

Alliance Resource Partners LP

27/04/2026 12:11

Overview

U.S. coal and mineral royalties producer's Q1 revenue fell 4.5% on lower coal pricing

Net income dropped sharply, impacted by asset impairment and lower coal sales

Company posted record oil & gas royalty revenues and volumes, up over 14% yr/yr

Outlook

Company raises 2026 oil & gas royalties volume guidance due to year-to-date outperformance

Alliance Resource Partners sees 2026 total coal sales volumes of 33.75–35.25 mln short tons

Company expects realized BOE prices to be higher than last year if current market conditions persist

Result Drivers

LOWER COAL PRICING - Revenue decline was primarily driven by lower coal sales pricing, partly due to the expiration of higher-priced legacy contracts

ASSET IMPAIRMENT & LOWER COAL SALES - Net income was impacted by lower coal sales, higher depreciation, a decrease in the fair value of digital assets, and a $37.8 million non-cash asset impairment charge related to ceasing longwall production at Mettiki

OIL & GAS ROYALTY GROWTH - Record oil & gas royalty revenues and volumes, up 14.6% and 16.1% year-over-year, driven by increased production and higher oil prices

Company press release: ID:nBwbJ6hX0a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
$0.07


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the coal peer group is "buy"

Wall Street's median 12-month price target for Alliance Resource Partners LP is $32.00, about 28.5% above its April 24 closing price of $24.90

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 8 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)