Shares of Alliance Resource (NASDAQ:ARLP) rose 0.6% in pre-market trading after the company reported Q1 results.
Earnings per share were down 87.18% over the past year to $0.10, which missed the estimate of $0.13.
Revenue of $350,763,000 less by 33.39% year over year, which missed the estimate of $403,930,000.
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
How To Listen To The Conference Call
Date: May 08, 2020
52-week high: $19.04
52-week low: $2.70
Price action over last quarter: down 63.04%
Alliance Resource Partners LP operates as a coal mining company based in the United States. It functions through threesegments; Illinois Basin, Appalachia, and and Minerals. The Illinois Basin activity comprises of underground mining complexes in Illinois, Indiana, Kentucky, Maryland and West Virginia and it makes up for most of the company's revenue-generating operations. The Appalachia segment, on the other hand, consists of multiple operating segments, including the Mettiki mining complex, the Tunnel Ridge mining complex and the MC Mining mining complex. The Minerals segment includes oil & gas mineral interests held by AR Midland and AllDale I & II.