Alliance Resource earnings date
Alliance Resource (AR6) Q3 2026 Earnings Report
DE:AR6 Q3 2026 EPS Results
- Actual EPS
- EUR 0.98
- Consensus EPS
- EUR 0.77
- Beat/Miss
- Beat by +EUR 0.21
- One Year Ago EPS
- EUR 0.66
DE:AR6 Q3 2026 Revenue Results
- Actual Revenue
- EUR 547.03M
- Expected Revenue
- EUR 531.43M
- Beat/Miss
- Beat by +EUR 15.59M
- YoY Revenue Growth
- +5.54%
Earnings Announcement Details
- Quarter
- Q3 2026
- Date
- 10/26/2026
- Time
- Before Open
- Conference Call
- Monday, October 26, 2026
Alliance Resource's next earnings date is estimated for February 1, 2027, based on past reporting schedules.
Q3 2026 Earnings Call Audio
Q3 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q3 2026 Earnings Call Summary
The call was strongly positive, supported by higher revenue, net income, adjusted EBITDA, coal volumes, royalty results, cash flow, distribution coverage, and improved operating costs. Management also highlighted the Metiki reopening, expanded contracted volumes, export opportunities, and favorable long-term electricity demand trends. These positives outweighed lower coal and sequential oil and gas pricing, export logistics constraints, measured near-term solicitation activity, higher net debt, and acquisition-related offsets.
For 2026, Alliance expects total coal sales volumes of 34.5 million to 35.5 million tons, coal sales price per ton of $54.25 to $54.75, and segment adjusted EBITDA expense per ton of $37.50 to $38.50; its tightened oil and gas royalty volume ranges reflect a slightly higher natural gas weighting, while consolidated guidance includes ranges for net income and adjusted EBITDA attributable to noncontrolling interests detailed in the press release. The company added 4.2 million committed and priced tons through 2028, has 31.7 million tons committed and priced for 2027, including 700 thousand tons for Metiki, expects 2027 Metiki production to be approximately 550 thousand tons higher than 2026 with EBITDA expense per ton lower than 2026, and has 3.7 million tons committed and priced for 2026 and 3 million tons for 2027 in export markets; it could exceed this year’s volume by half million or a million tons, while Metiki could supply 150 to 200 tons in the met market, and 2027 consolidated coal-segment revenues are expected to be equal to if not slightly higher than current levels.
- Strong Consolidated Third-Quarter ResultsTotal revenues increased 5.5% year over year to $603 million and 9.3% sequentially. Net income attributable to ARLP increased 46.8% year over year to $140 million, or $1.08 per basic and diluted limited partner unit, and 75.5% sequentially. Adjusted EBITDA attributable to ARLP increased 26.3% year over year to $234 million and 26.4% sequentially.
- Improved Coal Operations PerformanceCoal sales volumes were 9.3 million tons, up 7.4% year over year and 9.2% sequentially. Coal segment adjusted EBITDA increased 18.6% year over year to $187 million and 23.1% sequentially, as higher volumes and lower per-ton expenses more than offset lower average pricing.
- Illinois Basin Growth and Cost ImprovementIllinois Basin coal sales volumes were 7 million tons, up 6.4% year over year and 10.5% sequentially, driven by the resumption of longwall production at Hamilton. Segment adjusted EBITDA increased 32.6% year over year to $140 million and 34.1% sequentially. Segment adjusted EBITDA expense per ton improved 10.2% year over year and 11.1% sequentially to $31.77.
- Hamilton Delivered Record ProductionHamilton returned to longwall production after an extended move, set monthly production records in July and August, and was ARLP's lowest-cost operation in the quarter. Management said the performance was the primary driver of the Illinois Basin's cost improvement.
- Appalachia Volume and Cost PerformanceAppalachia coal sales volumes increased 10.7% year over year to 2.3 million tons and rose 5.7% sequentially, supported by strong Tunnel Ridge sales. Segment adjusted EBITDA expense per ton improved 19.9% year over year to $46.25 and was essentially flat sequentially.
- Record Oil and Gas Royalty ResultsTotal royalty revenues increased 52.5% year over year to $87.5 million and 26.4% sequentially. Oil and gas royalty revenues and BOE volumes both reached records, at $59.8 million and 1.45 million BOE, respectively. BOE volumes increased 61.3% year over year and 54.9% sequentially, primarily due to the AllDale III and IV acquisition.
- Oil and Gas Royalty EBITDA GrowthOil and gas royalties segment adjusted EBITDA attributable to ARLP increased 61.4% year over year to $43.6 million and 16.8% sequentially. Coal royalties segment adjusted EBITDA increased 6.2% year over year to $18.2 million and 40% sequentially, driven by higher royalty tons sold primarily from Tunnel Ridge and Hamilton.
- Strong Cash Flow and Distribution CoverageFree cash flow was $199 million. Distributable cash flow increased approximately 29% year over year and 27% sequentially to $131 million. The distribution coverage ratio increased to 1.76 times, which management described as a significant improvement and a three-year high.
- Healthy Leverage and LiquidityAs of September 30, 2026, total debt and finance leases were $680 million, with total and net leverage ratios of 0.89x and 0.78x adjusted EBITDA attributable to ARLP. Total liquidity was $431 million, and ARLP held 673 Bitcoins valued at $56.3 million at quarter end.
- Metiki Mine Reopening and New Supply AgreementARLP signed a new multiyear coal supply agreement with its largest historical customer, allowing the Metiki mine and nearly 150 mineworkers to return to coal production. The mine is transitioning from longwall mining to two room-and-pillar sections operating two shifts per day by the end of the first quarter. 2027 production is expected to be approximately 550 thousand tons higher than 2026, with EBITDA expense per ton expected to be lower than in 2026.
- Expanded Contracted Coal VolumesARLP added 4.2 million committed and priced tons through 2028 during the quarter and remained essentially fully committed at the midpoint of its 2026 sales volume guidance. The company had 31.7 million tons committed and priced for 2027, including 700 thousand tons tied to Metiki's new sales commitment.
- Export Portfolio ExpansionExport volumes became a more meaningful part of the sales portfolio, with 3.7 million tons committed and priced for 2026 and 3 million tons for 2027. Seaborne thermal prices strengthened during the quarter, with API 2 rising from about $105 per ton to about $140 per ton by the end of September.
- Positive Long-Term Coal Demand DriversManagement cited improved electricity load, permitting and interconnection constraints, supply-chain limitations, and data-center demand as factors supporting continued coal demand. Management also said the existing coal fleet is expected to be needed longer and run harder, with the more meaningful impact from data-center-driven demand beginning in late 2026 and into 2028.
- Mine Rescue and Operational Execution RecognitionAlliance Coal mine rescue teams received recognition 12 times at the National Mine Rescue Competition, including a national champion, a national runner-up, and three state team championships.
- Disciplined Reinvestment in Oil and Gas RoyaltiesManagement said it remains focused on reinvesting after-tax cash flows from the oil and gas business in existing regions that meet risk-adjusted return thresholds. The company also plans to continue pursuing acquisitions and expects existing assets to generate volume growth even without acquisitions.
- Tightened 2026 GuidanceWith one quarter remaining, ARLP tightened its 2026 guidance ranges. Coal sales volumes are now expected to be 34.5 million to 35.5 million tons, with coal sales price per ton of $54.25 to $54.75 and segment adjusted EBITDA expense per ton of $37.50 to $38.50.
DE:AR6 Earnings History
| Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release |
|---|---|---|---|---|---|
| Feb 01, 2027 | 2026 (Q4) | 0.69- | 0.58 | ― | ― |
| Oct 26, 2026 | 2026 (Q3) | 0.770.98 | 0.66 | 47.95% (+0.32) | |
| Jul 27, 2026 | 2026 (Q2) | 0.590.55 | 0.42 | 32.61% (+0.14) | |
| Apr 27, 2026 | 2026 (Q1) | 0.320.06 | 0.52 | -87.72% (-0.45) | |
| Dec 31, 2025 | 2025 (Q4) | 0.540.58 | 0.11 | 433.33% (+0.47) | |
| Oct 27, 2025 | 2025 (Q3) | 0.580.66 | 0.6 | 10.61% (+0.06) | |
| Jul 28, 2025 | 2025 (Q2) | 0.550.42 | 0.7 | -40.26% (-0.28) | |
| Apr 28, 2025 | 2025 (Q1) | 0.460.52 | 1.1 | -52.89% (-0.58) | |
| Feb 03, 2025 | 2024 (Q4) | 0.610.11 | 0.8 | -86.36% (-0.69) | |
| Oct 28, 2024 | 2024 (Q3) | 0.780.60 | 1.07 | -44.07% (-0.47) |
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
