Alliance Resource Partners (NASDAQ:ARLP) Shares Acquired Rep. Virginia Foxx

Representative Virginia Foxx (R-North Carolina) recently bought shares of Alliance Resource Partners, L.P. (NASDAQ:ARLP). In a filing disclosed on March 03rd, the Representative disclosed that they had bought between $1,001 and $15,000 in Alliance Resource Partners stock on February 14th.

Representative Virginia Foxx also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Energy Transfer (NYSE:ET) on 2/19/2025.
• Sold $15,001 – $50,000 in shares of Energy Transfer (NYSE:ET) on 12/6/2024.
• Purchased $1,001 – $15,000 in shares of Duke Energy (NYSE:DUK) on 12/6/2024.
• Sold $15,001 – $50,000 in shares of Alliance Resource Partners (NASDAQ:ARLP) on 12/6/2024.
• Purchased $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 12/6/2024.
• Sold $50,001 – $100,000 in shares of Via Renewables (NASDAQ:VIASP) on 12/6/2024.
• Purchased $1,001 – $15,000 in shares of American Electric Power (NASDAQ:AEP) on 12/6/2024.
• Sold $15,001 – $50,000 in shares of FLEX LNG (NYSE:FLNG) on 12/6/2024.
• Sold $50,001 – $100,000 in shares of Pembina Pipeline (NYSE:PBA) on 12/6/2024.
• Purchased $1,001 – $15,000 in shares of Bristol-Myers Squibb (NYSE:BMY) on 12/6/2024.

Alliance Resource Partners Price Performance

Alliance Resource Partners stock opened at $25.21 on Thursday. Alliance Resource Partners, L.P. has a 12 month low of $19.02 and a 12 month high of $30.56. The company has a current ratio of 2.36, a quick ratio of 1.69 and a debt-to-equity ratio of 0.24. The business’s 50 day simple moving average is $27.02 and its 200 day simple moving average is $25.97. The company has a market cap of $3.23 billion, a price-to-earnings ratio of 9.13 and a beta of 1.09.

Alliance Resource Partners (NASDAQ:ARLP) last posted its quarterly earnings data on Monday, February 3rd. The energy company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.38). Alliance Resource Partners had a net margin of 14.74% and a return on equity of 19.09%. Sell-side analysts forecast that Alliance Resource Partners, L.P. will post 2.72 EPS for the current year.

Alliance Resource Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 7th were paid a $0.70 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.80 annualized dividend and a yield of 11.11%. Alliance Resource Partners’s payout ratio is 101.45%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Benchmark reiterated a “buy” rating and issued a $29.00 price objective (up previously from $27.00) on shares of Alliance Resource Partners in a research note on Tuesday, February 4th. StockNews.com cut shares of Alliance Resource Partners from a “buy” rating to a “hold” rating in a report on Wednesday, February 5th. Finally, Singular Research cut shares of Alliance Resource Partners from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, December 2nd.

Institutional Investors Weigh In On Alliance Resource Partners

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Tidal Investments LLC raised its holdings in Alliance Resource Partners by 1.2% during the 3rd quarter. Tidal Investments LLC now owns 34,283 shares of the energy company’s stock valued at $857,000 after acquiring an additional 391 shares during the period. Pekin Hardy Strauss Inc. increased its holdings in shares of Alliance Resource Partners by 0.9% in the third quarter. Pekin Hardy Strauss Inc. now owns 46,905 shares of the energy company’s stock worth $1,173,000 after purchasing an additional 400 shares during the period. AlphaCore Capital LLC increased its holdings in shares of Alliance Resource Partners by 2.6% in the fourth quarter. AlphaCore Capital LLC now owns 17,647 shares of the energy company’s stock worth $464,000 after purchasing an additional 444 shares during the period. Cadent Capital Advisors LLC increased its holdings in shares of Alliance Resource Partners by 1.9% in the fourth quarter. Cadent Capital Advisors LLC now owns 23,816 shares of the energy company’s stock worth $626,000 after purchasing an additional 453 shares during the period. Finally, BCS Wealth Management increased its holdings in shares of Alliance Resource Partners by 2.4% in the fourth quarter. BCS Wealth Management now owns 19,971 shares of the energy company’s stock worth $525,000 after purchasing an additional 476 shares during the period. Institutional investors own 18.11% of the company’s stock.

About Representative Foxx

Virginia Foxx (Republican Party) is a member of the U.S. House, representing North Carolina’s 5th Congressional District. She assumed office on January 3, 2005. Her current term ends on January 3, 2027.

Foxx (Republican Party) ran for re-election to the U.S. House to represent North Carolina’s 5th Congressional District. She won in the general election on November 5, 2024.

Foxx was born in New York, New York. She earned a B.A. and M.A.C.T. from the University of North Carolina, Chapel Hill, in 1968 and 1972, respectively, and an Ed.D. from the University of North Carolina, Greensboro, in 1985.

Foxx worked as an instructor at Caldwell Community College in Hudson, NC, and an instructor and assistant dean at Appalachian State University in Boone, NC. She owned a landscape nursery and served as Deputy Secretary for Management at the North Carolina Department of Administration.

Alliance Resource Partners Company Profile

Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties.