Edition:
India

Alliance Resource Partners L.P. Reports Increased Financial And Operating Results


Monday, 29 Oct 2018 

Oct 29 (Reuters) - Alliance Resource Partners LP ::ALLIANCE RESOURCE PARTNERS, L.P. REPORTS INCREASED FINANCIAL AND OPERATING RESULTS; RAISES QUARTERLY CASH DISTRIBUTION TO $0.525 PER UNIT; AND UPDATES GUIDANCE.QUARTERLY REVENUE ROSE 9.8 PERCENT TO $497.8 MILLION.QTRLY BASIC AND DILUTED NET INCOME OF ARLP PER LIMITED PARTNER UNIT $0.55.ALLIANCE RESOURCE PARTNERS - INCREASING 2018 FY GUIDANCE FOR CAPITAL EXPENDITURES FOR COAL BUSINESS TO A RANGE OF $245.0 MILLION TO $260.0 MILLION.QTRLY COAL TONS SOLD 10.1 MILLION TONS VERSUS 9.6 MILLION TONS.EXPECTS TO INCREASE 2018 COAL PRODUCTION BY APPROXIMATELY 8.0% OVER 2017 LEVELS.UPDATING GUIDANCE RANGE FOR 2018 FULL-YEAR NET INCOME TO $415.0 MILLION TO $425.0 MILLION. 

Company Quote

11.95
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11 Nov 2019