Alliance Resource Partners, L.P. Announces Unaudited Consolidated Sales Results for the Third Quarter and Nine Months Ended September 30, 2020
October 26, 2020 at 08:03 am EDT
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Alliance Resource Partners, L.P. announced unaudited consolidated sales results for the third quarter and nine months ended September 30, 2020. For the quarter, the company reported illinois basin sold was 5,219 million tons against 6,553 million tons a year ago. Appalachia sold was 2,483 million tons against 2,767 million tons a year ago. Total coal sold was 7,702 million tons against 9,320 million tons a year ago. Volume - BOE was 468,000 against 433,000 a year ago. Total coal produced was 7,202 million tons against 10,071 million tons a year ago.
For the nine months, the company reported total coal sold was 20,139 million tons against 29,857 million tons a year ago. Volume - BOE was 1,374,000 against 1,113,000 a year ago. Total coal produced was 19,546 million tons against 31,430 million tons a year ago.
Alliance Resource Partners, L.P. is a diversified natural resource company. It is engaged in production and marketing of coal to domestic utilities, industrial users and international customers, as well as royalty income from oil & gas mineral interests. It operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties and Coal Royalties. The Illinois Basin Coal Operation includes the Gibson County Coal, LLC mining complex; the Warrior Coal, LLC mining complex; the River View Coal, LLC mining complex and the Hamilton County Coal, LLC mining complex. The Appalachia Coal Operations include the Mettiki mining complex, the Tunnel Ridge mining complex and the MC Mining, LLC mining complex. The Oil & Gas Royalties includes oil and gas mineral interests held by Alliance Minerals as well as its equity interests in AllDale III. The Coal Royalties segment includes coal mineral reserves and resources owned or leased by Alliance Resource Properties.