Alliance Resource Partners — Feb 3, 2025 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001558370-25-000586
Showing in the filing
Coal segment margins
“near 2024 Full Year levels”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 30
Quarterly cash distribution for FY2024
“$0.70 per unit”
Domestic market shipment goal for FY2025
“30 million tons”
Goal to ship to the domestic market for FY2025
“30 million tons”
Quarterly cash distribution (annualized rate)
“$2.80 per unit”
Coal segment margins for FY2025
“near 2024 Full Year levels”
Illinois Basin Sales Tons (Million Short Tons) for FY2025
“23.5 — 25.0”
Appalachia Sales Tons (Million Short Tons) for FY2025
“8.75 — 9.25”
Total Sales Tons (Million Short Tons) for FY2025
“32.25 — 34.25”
Committed & Priced Sales Tons — Domestic / E… for FY2025
“23.5 / 2.5 / 26.0”
Committed & Priced Sales Tons — Domestic / E… for FY2026
“13.4 / 1.3 / 14.7”
Coal Sales Price Per Ton Sold — Illinois Basin for FY2025
“$50.00 — $53.00”
Coal Sales Price Per Ton Sold — Appalachia for FY2025
“$76.00 — $82.00”
Coal Sales Price Per Ton Sold — Total for FY2025
“$57.00 — $61.00”
Segment Adjusted EBITDA Expense Per Ton Sold… for FY2025
“$35.00 — $38.00”
Segment Adjusted EBITDA Expense Per Ton Sold… for FY2025
“$53.00 — $60.00”
Segment Adjusted EBITDA Expense Per Ton Sold… for FY2025
“$40.00 — $44.00”
Oil & Gas Royalties — Oil (000 Barrels) for FY2025
“1,550 — 1,650”
Oil & Gas Royalties — Natural gas (000 MCF) for FY2025
“6,100 — 6,500”
Oil & Gas Royalties — Liquids (000 Barrels) for FY2025
“775 — 825”
Oil & Gas Royalties — Segment Adjusted EBITD… for FY2025
“~ 14.0%”
Coal Royalties — Royalty tons sold (Million … for FY2025
“23.75 — 25.25”
Coal Royalties — Revenue per royalty ton sold for FY2025
“$3.20 — $3.40”
Coal Royalties — Segment Adjusted EBITDA Exp… for FY2025
“$1.30 — $1.40”
Depreciation, depletion and amortization for FY2025
“$270 — $290”
General and administrative for FY2025
“$80 — $85”
Net interest expense for FY2025
“$42 — $46”
Income tax expense for FY2025
“$20 — $22”
Total capital expenditures for FY2025
“$285 — $320”
Growth capital expenditures for FY2025
“$5 — $10”
Maintenance capital expenditures for FY2025
“$280 — $310”
Exhibit 99.1 · the passage around this item
… earlier in the release
The announced distribution is consistent with the cash distributions for the 2023 Quarter and Sequential Quarter. Outlook "For 2025, we expect improved coal production costs to counterbalance lower market prices, keeping Coal segment margins near 2024 Full Year levels," commented Mr. Craft. "In the Oil & Gas Royalty business, we achieved record production volumes for the 2024 Full Year despite only making modest additions to our overall acreage position. We continue to favor the cash flow generation profile and ability to self-fund growth in the Oil & Gas Royalties segment, and therefore, will actively pursue growth in this segment in 2025." Mr. Craft concluded, "Looking forward, we anticipate a more supportive regulatory environment from the new administration that will help address the growing need for affordable, reliable baseload power without prematurely retiring critical generation sources. As the realities of physics meet the needs of the grid, we believe previously announced retirements will be delayed and our products will remain a cornerstone of energy security in some of the strongest industrial growth areas of the country for years to come." Page 5 ARLP is providing the following guidance for the full year ending December 31, 2025 (the "2025 Full Year"): 2025 Full Year Guidance Coal Operations Volumes (Million Short Tons) Illinois Basin Sales Tons 23.5 — 25.0 Appa
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.