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BUZZ-Alliance Resources Partners rises after Q1 profit beat

Reuters
Apr 28, 2025
BUZZ-Alliance Resources Partners rises after Q1 profit beat

** Energy company Alliance Resources Partners LP's ARLP.O shares rise almost 4% at $28.31 after Q1 profit beat

** Co reports EPS of 57 cents and revenue at $540.47 mln vs Wall Street estimates of 50 cents and $552.05 mln, respectively - data compiled by LSEG

** Revenue decreased due to reduced coal sales volumes and prices along with lower transportation revenues - ARLP

** Co adds they have secured solid volume commitments for 2025 and 2026, but anticipate 2026 average coal sales price per ton to be 4% to 5% below 2025 outlook

** Current average analyst rating is "buy"; median PT is $29.50

** Including current session's moves, ARLP up 6.5% YTD

(Reporting by Twesha Dikshit)

((Twesha.Dikshit@thomsonreuters.com))

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