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

Representative Virginia Foxx (R-North Carolina) recently sold shares of Alliance Resource Partners, L.P. (NASDAQ:ARLP). In a filing disclosed on April 04th, the Representative disclosed that they had sold between $15,001 and $50,000 in Alliance Resource Partners stock on March 7th.

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

• Purchased $1,001 – $15,000 in shares of Ellington Financial (NYSE:EFC) on 3/31/2025.
• 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.
• Purchased $1,001 – $15,000 in shares of Energy Transfer (NYSE:ET) on 2/19/2025.
• Purchased $1,001 – $15,000 in shares of Alliance Resource Partners (NASDAQ:ARLP) on 2/14/2025.

Alliance Resource Partners Trading Down 1.5 %

Shares of Alliance Resource Partners stock opened at $24.67 on Tuesday. The firm’s 50 day moving average is $26.41 and its 200 day moving average is $26.34. The firm has a market capitalization of $3.17 billion, a PE ratio of 8.94 and a beta of 0.62. Alliance Resource Partners, L.P. has a 1 year low of $20.59 and a 1 year high of $30.56. The company has a current ratio of 2.36, a quick ratio of 1.69 and a debt-to-equity ratio of 0.24.

Alliance Resource Partners (NASDAQ:ARLP) last posted its earnings results on Monday, February 3rd. The energy company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.38). Alliance Resource Partners had a return on equity of 19.09% and a net margin of 14.74%. Equities research analysts forecast that Alliance Resource Partners, L.P. will post 2.72 earnings per share for the current fiscal year.

Alliance Resource Partners Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were issued a $0.70 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 11.35%. Alliance Resource Partners’s dividend payout ratio (DPR) is currently 101.45%.

Insider Transactions at Alliance Resource Partners

In related news, SVP Timothy J. Whelan sold 50,000 shares of Alliance Resource Partners stock in a transaction on Friday, March 14th. The shares were 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 owns 93,850 shares of the company’s stock, valued at $2,358,450.50. This trade represents a 34.76 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 16.80% of the company’s stock.

Institutional Trading of Alliance Resource Partners

Institutional investors and hedge funds have recently bought and sold shares of the stock. Steward Partners Investment Advisory LLC bought a new stake in shares of Alliance Resource Partners in the 4th quarter valued at about $26,000. USA Financial Formulas acquired a new position in shares of Alliance Resource Partners in the fourth quarter worth approximately $33,000. Summit Securities Group LLC boosted its holdings in Alliance Resource Partners by 350.0% in the fourth quarter. Summit Securities Group LLC now owns 1,800 shares of the energy company’s stock valued at $47,000 after acquiring an additional 1,400 shares during the last quarter. Tower Research Capital LLC TRC increased its position in Alliance Resource Partners by 223.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,406 shares of the energy company’s stock valued at $90,000 after purchasing an additional 2,353 shares during the period. Finally, State of Wyoming bought a new position in Alliance Resource Partners during the 4th quarter worth approximately $105,000. 18.11% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Benchmark reiterated a “buy” rating and issued a $29.00 target price (up from $27.00) on shares of Alliance Resource Partners in a research report on Tuesday, February 4th. StockNews.com lowered shares of Alliance Resource Partners from a “buy” rating to a “hold” rating in a report on Wednesday, February 5th.

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.

About Alliance Resource Partners

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.