Alliance Resource Partners (NASDAQ:ARLP) Shares Acquired Rep. Virginia Foxx

Representative Virginia Foxx (R-North Carolina) recently bought shares of Alliance Resource Partners, L.P. (NASDAQ:ARLP). In a filing disclosed on March 03rd, the Representative disclosed that they had bought between $1,001 and $15,000 in Alliance Resource Partners stock on February 14th.

Representative Virginia Foxx also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Energy Transfer (NYSE:ET) on 2/19/2025.
• Sold $15,001 – $50,000 in shares of Energy Transfer (NYSE:ET) on 12/6/2024.
• Purchased $1,001 – $15,000 in shares of Duke Energy (NYSE:DUK) on 12/6/2024.
• Sold $15,001 – $50,000 in shares of Alliance Resource Partners (NASDAQ:ARLP) on 12/6/2024.
• Purchased $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 12/6/2024.
• Sold $50,001 – $100,000 in shares of Via Renewables (NASDAQ:VIASP) on 12/6/2024.
• Purchased $1,001 – $15,000 in shares of American Electric Power (NASDAQ:AEP) on 12/6/2024.
• Sold $15,001 – $50,000 in shares of FLEX LNG (NYSE:FLNG) on 12/6/2024.
• Sold $50,001 – $100,000 in shares of Pembina Pipeline (NYSE:PBA) on 12/6/2024.
• Purchased $1,001 – $15,000 in shares of Bristol-Myers Squibb (NYSE:BMY) on 12/6/2024.

Alliance Resource Partners Trading Up 0.2 %

NASDAQ:ARLP opened at $25.21 on Thursday. The business’s 50-day moving average is $27.02 and its two-hundred day moving average is $25.97. The firm has a market capitalization of $3.23 billion, a PE ratio of 9.13 and a beta of 1.09. Alliance Resource Partners, L.P. has a 12 month low of $19.02 and a 12 month high of $30.56. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.36 and a quick ratio of 1.69.

Alliance Resource Partners (NASDAQ:ARLP) last announced its earnings results on Monday, February 3rd. The energy company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.38). Alliance Resource Partners had a net margin of 14.74% and a return on equity of 19.09%. Research analysts predict that Alliance Resource Partners, L.P. will post 2.72 earnings per share for the current fiscal year.

Alliance Resource Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 7th were given a dividend of $0.70 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.80 dividend on an annualized basis and a yield of 11.11%. Alliance Resource Partners’s dividend payout ratio (DPR) is 101.45%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on ARLP shares. Singular Research downgraded shares of Alliance Resource Partners from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, December 2nd. StockNews.com downgraded Alliance Resource Partners from a “buy” rating to a “hold” rating in a research note on Wednesday, February 5th. Finally, Benchmark reaffirmed a “buy” rating and set a $29.00 target price (up from $27.00) on shares of Alliance Resource Partners in a research report on Tuesday, February 4th.

Hedge Funds Weigh In On Alliance Resource Partners

Several institutional investors and hedge funds have recently made changes to their positions in the business. Crescent Grove Advisors LLC raised its holdings in Alliance Resource Partners by 15.5% in the third quarter. Crescent Grove Advisors LLC now owns 208,793 shares of the energy company’s stock valued at $5,220,000 after acquiring an additional 28,016 shares in the last quarter. Concurrent Investment Advisors LLC increased its position in shares of Alliance Resource Partners by 49.5% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 20,741 shares of the energy company’s stock worth $519,000 after purchasing an additional 6,871 shares during the last quarter. Disciplined Investments LLC raised its stake in shares of Alliance Resource Partners by 3.0% in the 3rd quarter. Disciplined Investments LLC now owns 58,475 shares of the energy company’s stock valued at $1,462,000 after purchasing an additional 1,709 shares in the last quarter. Atlanta Consulting Group Advisors LLC bought a new position in shares of Alliance Resource Partners during the third quarter worth about $29,144,000. Finally, Moors & Cabot Inc. acquired a new position in Alliance Resource Partners in the third quarter worth about $304,000. 18.11% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Foxx

Virginia Foxx (Republican Party) is a member of the U.S. House, representing North Carolina’s 5th Congressional District. She assumed office on January 3, 2005. Her current term ends on January 3, 2027.

Foxx (Republican Party) ran for re-election to the U.S. House to represent North Carolina’s 5th Congressional District. She won in the general election on November 5, 2024.

Foxx was born in New York, New York. She earned a B.A. and M.A.C.T. from the University of North Carolina, Chapel Hill, in 1968 and 1972, respectively, and an Ed.D. from the University of North Carolina, Greensboro, in 1985.

Foxx worked as an instructor at Caldwell Community College in Hudson, NC, and an instructor and assistant dean at Appalachian State University in Boone, NC. She owned a landscape nursery and served as Deputy Secretary for Management at the North Carolina Department of Administration.

Alliance Resource Partners Company Profile

Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties.