HighGravityData

Alliance Resource Partners — Oct 28, 2024 release

Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001558370-24-013713
Open on SEC.gov ↗
Showing in the filing
Coal sales commitments being finalized
“21.7 million tons”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 29
Quarterly cash distribution for FY2024
“$0.70 per unit”
Committed & priced sales tons for the 2025 f… for FY2025
“22.5 million tons”
Quarterly cash distribution (annualized rate)
“$2.80 per unit”
Coal sales commitments being finalized for FY2025
“21.7 million tons”
Illinois Basin Sales Tons (Million Short Tons) for FY2024
“24.25 — 25.0”
Appalachia Sales Tons (Million Short Tons) for FY2024
“9.25 — 9.50”
Total Sales Tons (Million Short Tons) for FY2024
“33.50 — 34.50”
Committed & Priced Sales Tons — Domestic / E… for FY2024
“28.2 / 5.2 / 33.4”
Committed & Priced Sales Tons — Domestic / E… for FY2025
“21.0 / 1.5 / 22.5”
Coal Sales Price Per Ton Sold — Illinois Basin for FY2024
“$56.25 — $57.00”
Coal Sales Price Per Ton Sold — Appalachia for FY2024
“$83.00 — $84.00”
Coal Sales Price Per Ton Sold — Total for FY2024
“$63.75 — $64.50”
Segment Adjusted EBITDA Expense Per Ton Sold… for FY2024
“$36.00 — $38.00”
Segment Adjusted EBITDA Expense Per Ton Sold… for FY2024
“$57.00 — $60.00”
Segment Adjusted EBITDA Expense Per Ton Sold… for FY2024
“$43.00 — $45.00”
Oil & Gas Royalties — Oil (000 Barrels) for FY2024
“1,500 — 1,600”
Oil & Gas Royalties — Natural gas (000 MCF) for FY2024
“5,800 — 6,200”
Oil & Gas Royalties — Liquids (000 Barrels) for FY2024
“750 — 800”
Oil & Gas Royalties — Segment Adjusted EBITD… for FY2024
“~ 13.0%”
Coal Royalties — Royalty tons sold (Million … for FY2024
“20.4 — 21.5”
Coal Royalties — Revenue per royalty ton sold for FY2024
“$3.15 — $3.35”
Coal Royalties — Segment Adjusted EBITDA Exp… for FY2024
“$1.15 — $1.25”
Consolidated Depreciation, depletion and amo… for FY2024
“$280 — $300”
Consolidated General and administrative (Mil… for FY2024
“$80 — $85”
Consolidated Net interest expense (Millions) for FY2024
“$34 — $36”
Consolidated Income tax expense (Millions) for FY2024
“$17 — $19”
Total capital expenditures (Millions) for FY2024
“$420 — $460”
Growth capital expenditures (Millions) for FY2024
“$25 — $30”
Maintenance capital expenditures (Millions) for FY2024
“$395 — $430”
Exhibit 99.1 · the passage around this item
… earlier in the release
This further supports recent third-party sources which indicate that greater than 40% of previously announced baseload power plant retirement dates have been deferred nationwide." Mr. Craft concluded, "Many of our largest domestic customers have been active on the contracting side of late. Since our last update, we are in the process of finalizing commitments for 21.7 million tons over the 2025 to 2030 time period. We are also in active discussions with other customers to add to future commitments, that if secured, will lift our 2025 domestic sales order book to a level near our historical contracted position heading into the new calendar year. Looking longer-term, the underlying coal demand fundamentals of non-traditional demand growth is accelerating, particularly in the markets we serve in the Midwest, Mid-Atlantic, and Southeast." ​ ​ Page 5 ​ ARLP is maintaining the following guidance for the full year ended December 31, 2024 (the "2024 Full Year") and updating our committed and priced sales tons: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2024 Full Year Guidance ​ ​ ​ ​ ​ ​ Coal Operations ​ ​ ​ ​ ​ Volumes (Million Short Tons) ​ ​ ​ ​ ​ Illinois Basin Sales Tons ​ ​ ​ ​ 24.25 — 25.0 Appalachia Sales Tons ​ ​ ​ ​ 9.25 — 9.50 Total Sales Tons ​ ​ ​ ​ 33.50 — 34.50 ​ ​ ​ ​ ​ ​ Committed & Priced Sales Tons ​ ​ ​ ​ ​ 2024 — Domestic / Export / Total ​ ​ ​ ​ 28.2 / 5.2 / 33.4 2025 — Domestic / Export / Total ​ ​ ​ ​ 21.0 / 1.5 / 22.5 ​ ​ ​ ​ ​ ​ Coal Sales Price Per Ton Sold (1) ​ ​ ​ ​ ​ Illinois Basin ​ ​ ​ ​ $56.25 — $57.00 Appalachia ​ ​ ​ ​ $83.00 — $84.00 Total ​ ​ ​
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.