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Alliance Resource Partners: A Hidden Gem In The Coal Industry

Company Overview:

Alliance Resource Partners, L.P. (NASDAQ: ARLP) is a diversified producer and marketer of steam coal to major United States utilities and industrial users. ARLP, the nation's first publicly traded master limited partnership involved in the production and marketing of coal, began mining operations in 1971 and, since then, has grown through acquisitions and internal development to become the third-largest coal producer in the eastern United States. ARLP's subsidiaries operate ten mining complexes in Illinois, Indiana, Kentucky, Maryland and West Virginia, including a new mining complex in West Virginia. An ARLP subsidiary is also constructing a new mine in southern Indiana and is purchasing and funding development of reserves, constructing surface facilities and making equity investments in a new mining complex in southern Illinois. In addition, an ARLP subsidiary operates a coal loading terminal on the Ohio River at Mount Vernon, Indiana. (Source: Company…