ARLP Stock Summary and Trading Ideas (Alliance Res Partners | NASDAQ:ARLP)

Alliance Resource Partners LP operates as a coal mining company based in the United States. It has four segments Illinois Basin, Appalachia, Oil & Gas Royalties and Coal Royalties. The Illinois Basin comprises underground mining complexes in Illinois, Indiana, Kentucky, Maryland and West Virginia. The Appalachia segment comprises the Mettiki mining complex, the Tunnel Ridge mining complex and the MC Mining complex. The Oil & Gas Royalties has oil & gas mineral interests held by AR Midland and AllDale I & II and includes Alliance Minerals' equity interests in both AllDale III and Cavalier Minerals. The Coal Royalties has included coal mineral reserves and resources owned or leased by Alliance Resource Properties.

Alliance Res Partners trades on the NASDAQ stock market under the symbol ARLP.

As of December 20, 2024, ARLP stock price declined to $25.68 with 187,893 million shares trading.

ARLP has a beta of 0.14, meaning it tends to be less sensitive to market movements. ARLP has a correlation of 0.01 to the broad based SPY ETF.

ARLP has a market cap of $3.29 billion. This is considered a Mid Cap stock.

Last quarter Alliance Res Partners reported $614 million in Revenue and $.66 earnings per share. This fell short of revenue expectation by $-28 million and missed earnings estimates by -$.20.

In the last 3 years, ARLP traded as high as $29.44 and as low as $11.43.

The top ETF exchange traded funds that ARLP belongs to (by Net Assets): DIV, EIPX, MVPA, CVY, ONEQ.

ARLP has outperformed the market in the last year with a return of +45.2%, while the SPY ETF gained +27.8%. In the last 3 month period, ARLP beat the market returning +8.6%, while SPY returned +4.4%. However, in the most recent 2 weeks ARLP has underperformed the stock market by returning -3.0%, while SPY returned -2.4%.

ARLP support price is $25.42 and resistance is $26.42 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ARLP shares will trade within this expected range on the day.