Alliance Resource Partners Q3 profit jumps on record royalty revenues
ARLP•Alliance Resource Partners reported a 46.8% year-over-year increase in Q3 net income to $141.33 million, while revenue rose 5.5% and adjusted EBITDA increased 26.3%. The company forecast 2026 coal sales of 34.5 million to 35.5 million tons and oil and gas royalty volumes of 1.9 million to 2.0 million barrels of oil.
1. Q3 results
Alliance Resource Partners said record oil and gas royalty revenues, driven by its AllDale III & IV acquisition, boosted Q3 results. Higher coal sales volumes, particularly in the Illinois Basin, also aided results, as did lower coal costs at River View and Hamilton.
2. 2026 outlook
The company expects 2026 coal sales volumes of 34.5 million to 35.5 million tons and an average coal sales price of $54.25 to $54.75 per ton. It forecasts 2026 oil and gas royalty volumes of 1.9 million to 2.0 million barrels of oil.
