Recent Updates — ARLP
Alliance Resource Partners, L.P. reported Q2 2026 results with total revenue of $551.6 million and net income of $79.6 million. The company declared a quarterly cash distribution of $0.60 per unit, payable on August 14, 2026, to unitholders of record as of August 7, 2026. The company also completed a $206.2 million acquisition of oil & gas mineral interests on July 1, 2026. Alliance Resource Partners, L.P. is a diversified natural resource company operating in the coal and oil & gas royalty sectors.
On July 1, 2026, Alliance Resource Partners, L.P. (ARLP) and its subsidiary, Matrix Design Africa (PTY) LTD, entered into a five-year Master Supply, Distribution, and Services Agreement with Saminco Solutions LLC. Under this related party agreement, the subsidiary may act as a non-exclusive distributor for certain products in Africa and other international territories, and may purchase products or services from the supplier. Saminco Solutions LLC is affiliated with Joseph W. Craft III, the Chairman and CEO of ARLP's managing general partner. The agreement terms were reviewed and approved by the Board's independent conflicts committee. Alliance Resource Partners, L.P. is an energy company involved in resource management and distribution.
On July 1, 2026, Alliance Minerals, a subsidiary of Alliance Resource Partners, L.P., acquired the remaining general and limited partner interests in AllDale Minerals III, LP and AllDale Minerals IV, LP for approximately $206.2 million. The acquisition was funded via cash on hand, a revolving credit facility, and a new $150 million Term Loan from Truist Bank maturing January 1, 2028. The Term Loan requires quarterly principal payments of $18.75 million and includes financial covenants limiting the secured debt to EBITDA ratio to 2.0:1 and total debt to cash flow ratio to 2.5:1. Following the transaction, the company controls approximately 115,680 net royalty acres, including 44,770 in the Permian Basin. The company operates in the energy sector, focusing on coal and oil and gas mineral royalties.
Alliance Resource Partners, L.P. entered into definitive agreements to acquire the remaining interests in AllDale Minerals III, LP and AllDale Minerals IV, LP for an aggregate purchase price of approximately $206.2 million. The acquisition is expected to be funded through cash on hand and borrowings under a new financing arrangement and existing credit facility.