Alliance Resource Partners, L.P. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
January 27, 2020 at 07:00 am EST
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Alliance Resource Partners, L.P. Announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced total revenue was USD 453.338 million compared to USD 531.840 million a year ago. Operating income was USD 35.981 million compared to USD 49.276 million a year ago. Net income was USD 25.832 million compared to USD 50.773 million a year ago. Basic earnings per share was USD 0.2 compared to USD 0.38 a year ago. For the full year, total revenue was USD 1,961.720 million compared to USD 2,002.857 million a year ago. Operating income was USD 259.498 million compared to USD 372.287 million a year ago. Net income was USD 399.414 million compared to USD 365.044 million a year ago. Basic earnings per share was USD 3.07 compared to USD 2.74 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.
ALLIANCE RESOURCE PARTNERS, L.P. 
