Alliance Resource Partners, L.P. (NASDAQ: ARLP), a prominent diversified energy company, has officially declared a cash distribution for its unitholders for the quarter concluding December 31, 2024. This announcement, made by the Board of Directors of ARLP’s general partner, reaffirms the company’s commitment to delivering value to its investors.
Unitholders on record as of the close of trading on February 7, 2025, will be entitled to receive a cash distribution of $0.70 per unit for the 2024 Quarter. This distribution, equating to an annualized rate of $2.80 per unit, is set to be paid out on February 14, 2025. This consistent distribution level mirrors the payouts for the quarters ending December 31, 2023, and September 30, 2024, demonstrating a stable return for investors in Alliance Resource Partners L.p.
Further details regarding Alliance Resource Partners L.P.’s financial performance will be disclosed when the company releases its financial results for the 2024 Quarter before the market opens on Monday, February 3, 2025. Following the earnings release, Alliance management will host a conference call at 10:00 a.m. Eastern Time on the same day to discuss these results and provide further insights into the company’s operations and outlook.
Investors and interested parties can participate in the conference call by dialing (877) 407-0784 and requesting connection to the Alliance Resource Partners, L.P. earnings conference call. For international participants, the dial-in number is (201) 689-8560. Additionally, a live audio webcast of the call will be accessible through the “Investors” section of the Alliance Resource Partners L.P. website at www.arlp.com. This webcast offers an alternative for those unable to join via phone, ensuring broad access to the earnings discussion.
For those unable to attend the live call, an audio replay will be available for approximately one week following the conference. To access the replay, participants can dial U.S. Toll Free (844) 512-2921 or International Toll (412) 317-6671 and use the access code 13750955 to connect to the replay service.
In conjunction with this distribution announcement, Alliance Resource Partners L.P. is providing a qualified notice to brokers and nominees holding ARLP units on behalf of non-U.S. investors. According to Treasury Regulations Section 1.1446-4(b) and (d) and Treasury Regulation Section 1.1446(f)-4(c)(2)(iii), brokers and nominees are advised that one hundred percent (100%) of ARLP’s distributions to non-U.S. investors should be treated as income effectively connected with a United States trade or business. Furthermore, one hundred percent (100%) of the distribution is to be considered in excess of cumulative net income for withholding purposes. Consequently, distributions from Alliance Resource Partners L.P. to non-U.S. investors are subject to federal income tax withholding at a rate equal to the highest applicable effective tax rate plus ten percent (10%). It is important to note that nominees, not Alliance Resource Partners L.P., are responsible for the withholding obligations on distributions received on behalf of non-U.S. investors.
About Alliance Resource Partners, L.P.
Alliance Resource Partners L.P. stands as a diversified energy leader, recognized as the second largest coal producer in the eastern United States. The company plays a critical role in supplying reliable and affordable energy to major utilities, metallurgical, and industrial users both domestically and internationally. Beyond its coal operations, Alliance Resource Partners L.P. strategically generates operating and royalty income from mineral interests across key coal, oil, and gas producing regions within the United States. Looking towards the future, Alliance Resource Partners L.P. is proactively evolving its business model to become a reliable energy partner for the long term. This includes actively pursuing opportunities that support the advancement of energy infrastructure and related sectors, positioning the company at the forefront of energy solutions.
For further information about Alliance Resource Partners L.P., including news, unit prices, and filings with the Securities and Exchange Commission (“SEC”), please visit www.arlp.com. Investors seeking to contact the investor relations department of Alliance Resource Partners L.P. can do so by phone at (918) 295-7673 or via email at [email protected].
Investor Relations Contact
Cary P. Marshall
Senior Vice President and Chief Financial Officer
918-295-7673
[email protected]
