Alliance Resource Partners LP Stock: price and directors' dealings · United States · SEC (Form 4)

About Alliance Resource Partners LP

Alliance Resource Partners, L.P. (ARLP) is a U.S.-based company listed on NASDAQ, placing it squarely in the energy universe for global equity investors. Headquartered in Tulsa, Oklahoma, in the United States, the partnership is best understood as an integrated natural resources business with two main pillars: coal mining operations and mineral royalty interests in oil and gas. For investors looking at SEC Form 4 insider transactions, ARLP is therefore a cash-generative but cyclical energy name with a mix of operating and royalty-style income streams. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001086600/000110465926020468/arlp-20251231x10k.htm?utm_source=openai)) ARLP has built its business over decades around U.S. thermal coal. Today, it operates seven underground mining complexes across Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia, along with a coal-loading terminal on the Ohio River in Indiana. The partnership markets coal to major domestic utilities, industrial users, and international customers, which gives it exposure to both U.S. power demand and export markets. Alongside mining, ARLP owns mineral and royalty interests in roughly 70,000 net royalty acres across premier U.S. oil and gas basins, especially the Permian, Anadarko, and Williston basins. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001086600/000110465926020468/arlp-20251231x10k.htm?utm_source=openai)) From a competitive standpoint, ARLP describes itself as the second largest coal producer in the eastern United States, a position that matters because scale supports logistics, customer relationships, reserve optionality, and operating leverage. Its coal asset base includes substantial reserves and resources, while the royalty portfolio adds a different earnings stream that is less capital intensive than mining. That combination can help offset some of the volatility inherent in coal markets, though the company remains exposed to commodity pricing, volume trends, regulatory pressure, and the longer-term energy transition. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001086600/000110465926020468/arlp-20251231x10k.htm?utm_source=openai)) Recent developments point to an active capital allocation strategy. In early 2026, ARLP disclosed the acquisition of coal reserves and surface rights in West Virginia and Pennsylvania, continuing its pattern of bolt-on asset additions. The company also reported first-quarter 2026 liquidity of $28.9 million at March 31, 2026, while highlighting funding needs for capital expenditures, debt service, asset-retirement obligations, and workers’ compensation and pneumoconiosis costs. In 2025, management highlighted that fourth-quarter coal production rose year over year and that a large portion of expected 2025 coal sales volumes had been committed and priced, supporting near-term earnings visibility. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1086600/000110465926010337/arlp-20260129x8k.htm?utm_source=openai))