Closed the $206.2 million AllDale III & IV acquisition on July 1, adding about 48,500 net royalty acres; raised 2026 oil & gas royalties volume guidance.
Quarterly results and operating metrics
ARLP Q2 net income attributable to ARLP climbed 33.9% to $79.6 million, lifting EPS to $0.61.
Total revenues rose 0.7% to $551.6 million; adjusted EBITDA increased 14.7% to $185.7 million.
Declared a quarterly cash distribution of $0.60 per unit, payable Aug. 14; distribution coverage ratio was 1.39x.
Oil & gas royalty revenue hit a quarterly record of $46.3 million; coal tons sold increased 8.9% sequentially to 8.6 million tons.
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