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

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 Stock Performance

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

Alliance Resource Partners (NASDAQ:ARLP) last issued its quarterly earnings data 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%. On average, equities 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 disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 7th were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 11.35%. The ex-dividend date was Friday, February 7th. Alliance Resource Partners’s payout ratio is 101.45%.

Hedge Funds Weigh In On Alliance Resource Partners

A number of hedge funds have recently bought and sold shares of ARLP. Raymond James Financial Inc. bought a new stake in Alliance Resource Partners during the fourth quarter valued at $14,564,000. Castalian Partners LLC bought a new stake in shares of Alliance Resource Partners during the 4th quarter valued at about $3,353,000. GraniteShares Advisors LLC acquired a new stake in Alliance Resource Partners during the fourth quarter worth approximately $2,493,000. Orvieto Partners L.P. bought a new stake in Alliance Resource Partners in the fourth quarter worth approximately $2,070,000. Finally, Recurrent Investment Advisors LLC lifted its stake in Alliance Resource Partners by 6.2% in the third quarter. Recurrent Investment Advisors LLC now owns 1,145,145 shares of the energy company’s stock valued at $28,629,000 after buying an additional 66,761 shares during the period. Institutional investors own 18.11% of the company’s stock.

Analyst Upgrades and Downgrades

ARLP has been the topic of several research reports. Benchmark restated a “buy” rating and set a $29.00 price target (up from $27.00) on shares of Alliance Resource Partners in a 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.

Insiders Place Their Bets

In other news, SVP Timothy J. Whelan sold 50,000 shares of the company’s stock in a transaction dated 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 transaction, the senior vice president now owns 93,850 shares in the company, valued at approximately $2,358,450.50. This represents a 34.76 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 16.80% of the company’s stock.

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.

Alliance Resource Partners Company Profile

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.