ARLP - The Super Bowl Winner

[dlb53151]

ARLP the Titanic?

I am deep in ARLP at $71.21.

Took another poop today, closing at $60.87. How deep is the well? I am not panicking yet, but am close. Is this more than a short-term correction?

Thoughts?

[mrmarket]

As long as they are pulling coal out of the ground and as long as coal prices don't get cut in half, this company will continue to make a ton of money. Ultimately its stock price will reflect that.

[spikefader]

I am deep in ARLP at $71.21.

Took another poop today, closing at $60.87. How deep is the well? I am not panicking yet, but am close. Is this more than a short-term correction?

Thoughts?

ARLP channel bust dlb. If you're worried, hedge with puts.

[mdean]

ARLP channel bust dlb. If you're worried, hedge with puts.

Any good entry point for this stock?

[jiesen]

ARLP taking a beating today

http://finance.yahoo.com/q/bc?s=ARLP&t=5d

ouch! someone was stopped out at 60. at 60, this one yields 5%! Who wouldn't want that?

[spikefader]

Any good entry point for this stock?

with that channel bust, you don't want it long.

http://finance.yahoo.com/q/bc?s=ARLP&t=5d
ouch! someone was stopped out at 60. at 60, this one yields 5%! Who wouldn't want that?

Those puts (+AFVRK ARLP JUN 55 P) are being bid up today; 2.00 when posted and now 2.45, so that's +22.5%.........who wouldn't want THAT!

What is market value of them? What anyone is willing to pay for them

[mrmarket]

Wow! HUGE!!

Press Release Source: Alliance Resource Partners, L.P.


Alliance Resource Partners, L.P. Reports Record First Quarter Financial Results, Declares Quarterly Cash Distribution of $0.75 Per Unit, and Increases Guidance
Thursday April 21, 7:00 am ET


TULSA, Okla.--(BUSINESS WIRE)--April 21, 2005--Alliance Resource Partners, L.P. (NASDAQ: ARLP - News):
ALLIANCE RESOURCE PARTNERS, L.P. Reports Record First Quarter Financial Results Including 114% Increase to Net Income and 106% Increase to Net Income Per Basic Limited Partner Unit; Declares Quarterly Cash Distribution of $0.75 Per Unit; and Increases Guidance
Alliance Resource Partners, L.P. (NASDAQ: ARLP - News; the "Partnership") today reported record net income for the first quarter ended March 31, 2005 of $39.1 million, an increase of approximately 114% over 2004 first quarter net income of $18.2 million. Net income per basic limited partner unit increased to $2.06 in the 2005 first quarter, as compared to $1.00 per basic limited partner unit in the 2004 first quarter. The Partnership also reported record EBITDA (income before net interest expense, income taxes, depreciation, depletion, and amortization) of $56.9 million in the 2005 first quarter which reflects a 60% increase over 2004 first quarter EBITDA of $35.6 million. For a reconciliation of EBITDA to net income please see the last page of this release.

The Partnership also announced that the Board of Directors of its managing general partner (the "Board") declared a quarterly cash distribution of $0.75 per unit for the first quarter ended March 31, 2005 (an annualized rate of $3.00 per unit), payable on May 13, 2005, to all unitholders of record as of May 6, 2005. Increases to the quarterly cash distribution are generally considered by the Board at its January and July meetings.

"Led by increased coal production and sales volumes and higher coal prices, Alliance Resource Partners achieved record tons produced and sold, revenues, EBITDA and net income for the first quarter," said Joseph W. Craft III, President and Chief Executive Officer. "We were able to continue our record-setting pace as three of our operations, Warrior, Gibson County and Pattiki, set monthly production records during the quarter."

Revenues for the 2005 first quarter were $195.6 million, an increase of approximately 24% over revenues of $157.8 million for the comparable period last year. Revenues for the first quarter of 2005 were positively impacted by a 10% increase in tons of coal sold as compared to the 2004 first quarter. In addition, 2005 first quarter revenues benefited significantly from higher average coal sales prices which rose to $31.76 per ton sold, an increase of $3.48 per ton sold over 2004 first quarter average coal sales prices.

Production increased approximately 12% to 5.7 million tons for the first quarter of 2005, as compared to 5.1 million tons for the same period in 2004. With the exception of its East Kentucky operations, all of the Partnership's mining operations contributed to the increased year-over-year production volume.

Record results for the 2005 first quarter were achieved despite lost production, continuing fixed expenses and other expenses incurred as a result of the mine fire that occurred at the Excel No. 3 mine, operated by the Partnership's MC Mining, LLC subsidiary. (See ARLP Press Releases, dated December 27, 2004, January 7, 2005, January 14, 2005, January 27, 2005, February 21, 2005, and March 3, 2005.) For the 2005 first quarter, the Partnership reduced operating expenses by recording a $9.2 million receivable reflecting the current estimate of actual fire-related expenses incurred to-date that are considered probable of recovery under the Partnership's insurance policies, net of self-retention, various deductibles and 10% co-insurance. The Partnership continues to analyze the full extent of expenses and losses pertaining to the Excel No. 3 mine fire and potential recoveries under its commercial property (including business interruption) insurance policies. Pending the completion of this analysis, however, the Partnership is unable to quantify the total impact of the mine fire on its financial results or provide assurance as to the eventual timing or amount of recovery of proceeds under its insurance policies.

Total operating expenses increased to $119.4 million for the 2005 first quarter as compared to $104.3 million for the 2004 first quarter. The increase was primarily due to higher costs resulting from increased production, coal sales volumes, and sales related expenses. Operating expenses for the 2005 first quarter also increased as a result of higher employee medical costs, maintenance expense, and materials and supply costs (particularly steel, power and fuel).

General and administrative expense decreased in the 2005 first quarter by $4.6 million to $5.7 million as compared to $10.3 million during the same period last year. The decreased general and administrative expense was primarily a result of lower incentive compensation expense, which was principally attributable to a decrease in the market value of the Partnership's common units during the 2005 first quarter and a reduction in the number of restricted units outstanding because of the vesting in November 2004 of the Long-Term Incentive Plan units for grant years 2000 to 2002. The closing price for the Partnership's common units was $64.28 on March 31, 2005.

Looking ahead, Mr. Craft said, "Development of our Elk Creek mine is progressing ahead of schedule and we now expect that initial production could begin as early as the fourth quarter of this year. As a result of our operating performance so far this year and earlier than anticipated production from Elk Creek, we are increasing 2005 estimated coal production to a range of 22.2 to 22.5 million tons. For 2006, we are currently estimating coal production in the range of 23.0 to 23.5 million tons, of which approximately 79% is committed under existing coal sales agreements. Approximately 39% of the Partnership's estimated 2006 production is subject to market price negotiations for existing coal sales agreements as well as anticipated new coal supply agreements."

Based on its current projections, the Partnership is increasing estimated revenues, excluding transportation revenues, for 2005 to a range of $770 - $790 million. In addition, excluding the impact of any additional expenses, losses, or insurance recoveries attributable to the Excel No. 3 mine fire, the Partnership is increasing guidance for EBITDA to a range of $200 - $220 million and net income to a range of $120 - $140 million. For a reconciliation of estimated annual 2005 net income to estimated annual 2005 EBITDA, please see the last page of this release.

The statements and projections used throughout this release are based on current expectations. These statements and projections are forward-looking, and actual results may differ materially. These projections do not include the potential impact of any mergers, acquisitions or other business combinations that may occur after the date of this release. At the end of this release, we have included more information regarding business risks that could affect our results.

Alliance Resource Partners is the nation's only publicly traded master limited partnership involved in the production and marketing of coal. Alliance Resource Partners currently operates eight mining complexes in Illinois, Indiana, Kentucky and Maryland.

[jiesen]

earnings, earnings, earnings!

great earnings... go ARLP!

[mrmarket]

whoa! Nice Distribution today!

Did anyone else get a nice check from ARLP today?? Whoooo!!

[jiesen]

Did anyone else get a nice check from ARLP today?? Whoooo!!

Well, Scottrade did put it in my account about two weeks ago (as well as another one 3 months before that). Hooray for technology!

Checks suck. My wife took a thousand dollar check to the ATM yesterday, and it promptly ate the check without giving her a receipt (it must have run out of paper or something, but it gave her the option to cancel the deposit, then refused to spit out the deposit envelope). Now she's getting the runaround from the fools at Wells Fargo telling her it'll take at least a week to "research" where in the ATM it went. They even tried to get away with not giving out a reference number for her trouble.

Did you know the new "Check 21" rule allows banks to deduct the money from your account now the instant you hand your check over, where it used to take a couple days? Of course your funds are still held in limbo when you deposit your checks...

http://www.federalreserve.gov/paymentsystems/truncation/faqs2.htm#ques1

Check forging is one of the top ways for identity thieves to make out like bandits. At least 1 in 4 Americans will be impacted by these jerks who write over 500 million forged checks every year.

http://www.google.com/search?hl=en&q=check+fraud&spell=1

[mrmarket]

Doh! Why can't they just carry the rocks out of the hole??

Alliance Resource Partners, L.P.: Vertical Conveyor Belt Failure Results in Temporary Idling of Pattiki Mine
Friday June 17, 1:21 pm ET
Recovery Efforts Underway


TULSA, Okla.--(BUSINESS WIRE)--June 17, 2005--Alliance Resource Partners, L.P. (Nasdaq:ARLP - News) today announced that its wholly-owned White County Coal, LLC subsidiary ("White County Coal") has temporarily idled the Pattiki mine located near the city of Carmi in White County, Illinois, following the failure of the vertical conveyor belt system used in conveying raw coal out of the mine. White County Coal surface personnel detected the failure of the vertical conveyor belt at approximately 6:30 p.m. on Tuesday evening, June 14, 2005 and immediately shut down operation of all underground conveyor belt systems. No personnel working underground and on the surface at the time were involved in the incident.
ADVERTISEMENT


White County Coal has performed a preliminary assessment of the damage and initiated repairs to the vertical belt system. White County Coal is currently estimating the repair efforts to be completed within a six- to eight-week period. As a result of the two-week miners' vacation scheduled over the July 4th holiday, the Pattiki mine's production may be impacted for a period of four weeks or more. Actual time required to repair the vertical belt system, however, may be impacted by a number of factors, including the availability of materials and equipment required for the repair of the vertical belt system. Although normal operations at Pattiki will remain suspended until repairs to the vertical belt system are completed, it is not anticipated that the current circumstances will have a material adverse impact on the Partnership.

White County Coal is an underground mining complex that employs approximately 280 workers. The Pattiki mine produces high-sulfur coal from the Illinois No. 6 coal seam utilizing continuous mining units and room-and-pillar techniques. Production from the mine during 2005 has averaged approximately 255,000 tons per month.

The statements and projections used throughout this release are based on current expectations. These statements and projections are forward-looking, and actual results may differ materially. These projections do not include the potential impact of any mergers, acquisitions or other business combinations that may occur after the date of this release. At the end of this release, we have included more information regarding the business risks that could affect our results.

Alliance Resource Partners is the nation's only publicly traded master limited partnership involved in the production and marketing of coal. Alliance Resource Partners currently operates mining complexes in Illinois, Indiana, Kentucky and Maryland.

[jiesen]

Despite not carrying rocks out of hole- ARLP manages to rake in the $$

I like this especially:

"For the six months ended June 30, 2005, the Partnership reported a 94% increase in net income to $79.9 million, or $4.15 per basic limited partner unit, compared to net income of $41.1 million, or $2.22 per basic limited partner unit, for the same period of 2004. "

Yeah, we'll see our 15% sooner rather than later!

http://biz.yahoo.com/bw/050727/275163.html?.v=1

Alliance Resource Partners, L.P. Reports Second Quarter Net Income Increases 78%
Wednesday July 27, 7:00 am ET
Increases Quarterly Cash Distribution 10% to $0.825 Per Unit
Announces Two-for-One Unit Split
and Increases Guidance

TULSA, Okla.--(BUSINESS WIRE)--July 27, 2005--Alliance Resource Partners, L.P. (Nasdaq:ARLP - News; the "Partnership") today reported record net income for the second quarter ended June 30, 2005 (the "2005 Quarter") of $40.8 million, or $2.08 per basic limited partner unit, an increase of approximately 78% over net income for the second quarter ended June 30, 2004 (the "2004 Quarter") of $22.9 million, or $1.22 per basic limited partner unit. EBITDA (net income before net interest expense, income taxes, depreciation, depletion, and amortization) increased 43% to a record $58.4 million in the 2005 Quarter, compared to $40.8 million for the 2004 Quarter. A reconciliation of EBITDA to net income is provided on the last page of this release.

The Partnership also announced that the Board of Directors of its managing general partner (the "Board") declared a quarterly cash distribution of $0.825 per unit for the second quarter ended June 30, 2005 (an annualized rate of $3.30 per unit), payable on August 12, 2005, to all unitholders of record as of August 5, 2005. This represents a 10% increase over the $0.75 per unit cash distribution for the first quarter of this year and a 27% increase over the second quarter 2004 cash distribution of $0.65 per unit.

The Board also approved a two-for-one split of the Partnership's common units. The unit split will take place in the form of a one unit distribution on each unit outstanding, with units to be distributed on September 15, 2005 to unitholders of record as of September 2, 2005. Following the unit split, the current quarterly cash distribution of $0.825 per unit will become $0.4125 per unit, or an annualized rate of $1.65 per unit.

"Alliance Resource Partners continued to deliver superior performance through the first half of 2005 as we posted record results for tons produced and sold, revenues, EBITDA and net income," said Joseph W. Craft III, President and Chief Executive Officer. "It is particularly gratifying that we were able to deliver these results and share this success with our unitholders while achieving the best safety record in the history of the Partnership. Our sustained high level of performance and growth led to Alliance climbing to number twenty on BusinessWeek's annual list of "100 Hot Growth Companies," our third consecutive year in the rankings. With coal market fundamentals remaining strong, the progress at our Elk Creek and Mountain View mine developments, and our growth opportunities at Tunnel Ridge and Gibson County South, we are well positioned to meet our strategic objective of sustainable growth in distributions to our unitholders. The two-for-one unit split confirms our confidence in Alliance's future growth prospects."

For the 2005 Quarter, revenues improved 28% to a record $208.7 million as compared to $162.5 million for the 2004 Quarter. Increased revenues were primarily attributable to a record 5.8 million tons of coal sold in the 2005 Quarter, compared to 5.2 million tons in the 2004 Quarter, and higher average coal sales prices, which increased 16% to $33.37 per ton sold in the 2005 Quarter as compared to $28.74 per ton sold in the 2004 Quarter.

Production increased nearly 9% to 5.6 million tons for the 2005 Quarter as compared to 5.2 million tons for the 2004 Quarter, primarily due to higher productivity at the Partnership's Warrior and Gibson County operations and resumption of production at the Hopkins County Coal operation (See ARLP Press Release dated September 2, 2004).

Operating expenses for the 2005 Quarter increased to $128.1 million, compared to $102.9 million for the 2004 Quarter. Increased operating expenses for the 2005 Quarter were primarily due to higher costs resulting from increased production, coal sales volumes, sales related expenses, and expenses related to the Pattiki vertical belt failure (See ARLP Press Releases dated June 17 and July 21, 2005). Operating expenses for the 2005 Quarter were increased by $2.8 million to reflect the Partnership's estimate of direct expenses and costs attributable to the Pattiki vertical belt incident, which estimate includes a $1.2 million retirement of the damaged vertical belt equipment. Higher labor costs, maintenance expense, and materials and supply costs (particularly steel, power and fuel) also increased operating expenses for the 2005 Quarter.

For the six months ended June 30, 2005, the Partnership reported a 94% increase in net income to $79.9 million, or $4.15 per basic limited partner unit, compared to net income of $41.1 million, or $2.22 per basic limited partner unit, for the same period of 2004. Revenues for the first half of 2005 increased 26% to $404.3 million as compared to $320.4 million the first half of 2004. Coal sales during the first six months of 2005 increased to 11.4 million tons, an improvement of 10% compared to the 10.3 million tons of coal sold during the same period of 2004.

The Partnership experienced higher operating expenses for the six months of 2005, $247.5 million compared to $207.2 million for the first half of 2004, primarily due to increased production, sales volumes, labor and benefit costs, maintenance expense, material and supplies costs, and sales related expenses. Higher coal sales prices more than offset these increased costs, with the average coal sales price realized by the Partnership increasing in the first half of 2005 by $4.06 per ton as compared to the same period of 2004. General and administrative expense decreased during the first half of 2005 by $5.3 million to $16.3 million as compared to $21.6 million for the same period in 2004, primarily as a result of lower incentive compensation expense.

The Partnership continues to make progress on its development activities at the Elk Creek and Mountain View mines. As a result of these development activities and other infrastructure improvement projects, the Partnership is increasing its estimate of total capital expenditures for 2005 to approximately $115 million, including maintenance capital expenditures of approximately $53 million.

Based on its performance so far this year and current projections, the Partnership is increasing its 2005 guidance for coal production to a range of 22.4 to 22.7 million tons and revenues, excluding transportation revenues, to a range of $780 to $800 million. The Partnership is also increasing 2005 guidance for EBITDA to a range of $210 to $230 million and net income to a range of $135 to $155 million. Guidance ranges for EBITDA and net income exclude the impact of any additional expenses, losses, or insurance recoveries attributable to the Excel No. 3 mine fire (See ARLP Press Releases dated December 27, 2004, January 7, 2005, January 14, 2005, January 27, 2005, February 21, 2005, March 3, 2005, and April 21, 2005). For a reconciliation of estimated annual 2005 net income to estimated annual 2005 EBITDA, please see the last page of this release.

Coal production for 2006 is currently estimated in the range of 23.3 to 23.8 million tons, of which approximately 83% is committed under existing coal sales agreements. Approximately 35% of the Partnership's estimated 2006 production is open to market price negotiations under existing contracts or anticipated new coal supply agreements.

[sowersnc]

Earnings nearly double, 2 for 1 split and increasing dividend. If one of the other coal companies announced news like this they would be up 20% or more. Is this one just not followed or does the partnership hold them back?

[jiesen]

http://finance.yahoo.com/q/bc?s=ARLP&t=2y

Well, I think that much of this news is already built into the share price. If any other coal producer had news like this, they would jump 20% because it would be a surprise. Income is almost double last year's, but last year this time, the stock traded around 40. It's no secret how much coal ARLP produces, or the price of the coal it sells, so earnings are pretty well figured for this company. All it has to do is keep making the coal and the money just like it has been, and we'll see another 5% increase in no time! Shoot, if you count the dividend, we're practically at 15% right now.

[jiesen]

less than $1 to go

any day now!

go ARLP!