Alliance Resource Partners, L.P. reported financial results for the quarter ended September 30, 2026, and announced a quarterly cash distribution of $0.60 per unit. The company recorded total revenues of $603.0 million for the fiscal third quarter of 2026, a 5.5% increase compared to the same period in 2025. Net income attributable to ARLP was $139.6 million, representing a 46.8% year-over-year increase.
Adjusted EBITDA attributable to ARLP for the quarter totaled $233.9 million, up 26.3% from the prior year. The company noted record oil and gas royalty revenues, driven by $223.5 million in acquisitions completed during the quarter, specifically the AllDale III & IV acquisition on July 1, 2026.
In its Coal Operations segment, Segment Adjusted EBITDA increased 23.1% sequentially to $186.8 million. This growth was attributed to strong shipping volumes, the resumption of longwall production at Hamilton, and improved per-ton costs at operations including River View and Tunnel Ridge. The company ended the quarter with total coal inventory of 0.9 million tons.
The Oil & Gas Royalties segment generated Segment Adjusted EBITDA attributable to ARLP of $43.6 million, up 16.8% sequentially and 61.4% year-over-year. The segment saw a 112.5% increase in natural gas sales volumes and a 36.2% increase in oil sales volumes compared to the prior year.
Regarding capital returns, the Partnership declared a quarterly cash distribution of $0.60 per unit, which equates to an annualized rate of $2.40 per unit. The company reported Distributable Cash Flow of $136.8 million and a Distribution Coverage Ratio of 1.76x for the quarter, an improvement of over 27% from the previous quarter.
