Alliance Resource Partners, L.P. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 26, 2021 at 07:00 am EDT
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Alliance Resource Partners, L.P. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 362.443 million compared to USD 255.202 million a year ago. Operating income was USD 55.007 million compared to operating loss of USD 35.100 million a year ago. Net income was USD 44.035 million compared to net loss of USD 46.664 million a year ago. Basic earnings per share from continuing operations was USD 0.34 compared to basic loss per share from continuing operations of USD 0.37 a year ago.
For the half year, total revenue was USD 681.065 million compared to USD 605.965 million a year ago. Operating income was USD 91.335 million compared to operating loss of USD 167.780 million a year ago. Net income was USD 68.783 million compared to net loss of USD 191.447 million a year ago. Basic earnings per share from continuing operations was USD 0.53 compared to basic loss per share from continuing operations of USD 1.51 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. 
