Rep. Virginia Foxx Purchases Shares of Alliance Resource Partners, L.P. (NASDAQ:ARLP)

Representative Virginia Foxx (R-North Carolina) recently bought shares of Alliance Resource Partners, L.P. (NASDAQ:ARLP). In a filing disclosed on June 03rd, the Representative disclosed that they had bought between $1,001 and $15,000 in Alliance Resource Partners stock on May 15th.

Representative Virginia Foxx also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Hercules Capital (NYSE:HTGC) on 5/20/2025.
• Purchased $1,001 – $15,000 in shares of Ellington Financial (NYSE:EFC) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Alliance Resource Partners (NASDAQ:ARLP) on 3/7/2025.
• Sold $50,001 – $100,000 in shares of Energy Transfer (NYSE:ET) on 3/7/2025.
• Sold $50,001 – $100,000 in shares of Pembina Pipeline (NYSE:PBA) on 3/7/2025.
• Sold $15,001 – $50,000 in shares of FLEX LNG (NYSE:FLNG) on 3/7/2025.
• Purchased $1,001 – $15,000 in shares of Hercules Capital (NYSE:HTGC) on 3/5/2025.

Alliance Resource Partners Price Performance

Alliance Resource Partners stock opened at $25.75 on Thursday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.69 and a current ratio of 2.36. The company has a market cap of $3.31 billion, a price-to-earnings ratio of 9.33 and a beta of 0.56. Alliance Resource Partners, L.P. has a 1 year low of $22.18 and a 1 year high of $30.56. The firm has a 50 day moving average price of $26.46 and a 200 day moving average price of $26.63.

Alliance Resource Partners (NASDAQ:ARLP) last announced its quarterly earnings data on Monday, April 28th. The energy company reported $0.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.63 by ($0.03). Alliance Resource Partners had a net margin of 14.74% and a return on equity of 19.09%. The company had revenue of $540.47 million for the quarter, compared to analysts’ expectations of $556.31 million. Sell-side analysts predict that Alliance Resource Partners, L.P. will post 2.72 earnings per share for the current year.

Alliance Resource Partners Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Thursday, May 8th were given a $0.70 dividend. The ex-dividend date of this dividend was Thursday, May 8th. This represents a $2.80 annualized dividend and a dividend yield of 10.87%. Alliance Resource Partners’s dividend payout ratio is presently 132.08%.

Institutional Investors Weigh In On Alliance Resource Partners

Several large investors have recently made changes to their positions in the company. Inspire Investing LLC acquired a new stake in shares of Alliance Resource Partners in the first quarter valued at approximately $790,000. Integrity Alliance LLC. acquired a new stake in shares of Alliance Resource Partners in the first quarter valued at approximately $928,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Alliance Resource Partners by 74.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 494,872 shares of the energy company’s stock valued at $13,500,000 after purchasing an additional 210,644 shares during the period. Royal Bank of Canada increased its stake in shares of Alliance Resource Partners by 7.0% in the first quarter. Royal Bank of Canada now owns 19,058 shares of the energy company’s stock valued at $519,000 after purchasing an additional 1,254 shares during the period. Finally, Energy Income Partners LLC increased its stake in shares of Alliance Resource Partners by 3.6% in the first quarter. Energy Income Partners LLC now owns 168,811 shares of the energy company’s stock valued at $4,605,000 after purchasing an additional 5,820 shares during the period. Institutional investors and hedge funds own 18.11% of the company’s stock.

Insider Buying and Selling at Alliance Resource Partners

In other Alliance Resource Partners news, SVP Timothy J. Whelan sold 50,000 shares of the stock in a transaction on Friday, March 14th. The stock was sold at an average price of $25.13, for a total transaction of $1,256,500.00. Following the completion of the transaction, the senior vice president now directly owns 93,850 shares of the company’s stock, valued at approximately $2,358,450.50. This trade represents a 34.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 16.80% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ARLP. Wall Street Zen raised shares of Alliance Resource Partners from a “hold” rating to a “buy” rating in a research report on Sunday, May 4th. Benchmark reissued a “buy” rating and issued a $29.00 target price on shares of Alliance Resource Partners in a report on Tuesday, April 29th.

About Representative Foxx

Virginia Foxx (Republican Party) is a member of the U.S. House, representing North Carolina’s 5th Congressional District. She assumed office on January 3, 2005. Her current term ends on January 3, 2027.

Foxx (Republican Party) ran for re-election to the U.S. House to represent North Carolina’s 5th Congressional District. She won in the general election on November 5, 2024.

Foxx was born in New York, New York. She earned a B.A. and M.A.C.T. from the University of North Carolina, Chapel Hill, in 1968 and 1972, respectively, and an Ed.D. from the University of North Carolina, Greensboro, in 1985.

Foxx worked as an instructor at Caldwell Community College in Hudson, NC, and an instructor and assistant dean at Appalachian State University in Boone, NC. She owned a landscape nursery and served as Deputy Secretary for Management at the North Carolina Department of Administration.

Alliance Resource Partners Company Profile

Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties.