![]()
|
Signature Sponsor
February 6, 2026 - On January 29, 2026, Alliance Resource Properties, LLC completed the purchase of coal reserves and associated surface rights in Ohio County, West Virginia and Washington County, Pennsylvania from The Joseph W. Craft III Foundation and The Kathleen S. Craft Foundation for a total of $15.5 million, paying the KSC Foundation in full at closing and structuring the JWC Foundation’s consideration as a partial upfront payment with the remaining balance to be paid in equal annual installments through January 1, 2032 at 5% interest, with an option for prepayment. The transaction, which closed on January 29, 2026 and expands Alliance’s coal reserve holdings, constitutes a related-party deal due to the significant ownership and control roles of Joseph W. Craft III and Kathleen Craft Mowry in Alliance, and the terms of the JWC Foundation agreement were unanimously approved by the Board’s Conflicts Committee of independent directors to address governance and conflict-of-interest considerations. The most recent analyst rating on ARLP +1.80% ? stock is a Buy with a $33.00 price target. To see the full list of analyst forecasts on Alliance Resource stock, see the ARLP Stock Forecast page. More about Alliance Resource Alliance Resource Partners, L.P., through its indirect wholly owned subsidiary Alliance Resource Properties, LLC, operates in the coal industry, acquiring and managing coal reserves and related surface rights in key U.S. mining regions such as West Virginia and Pennsylvania to support its coal production and reserve base. Average Trading Volume: 348,258 Technical Sentiment Signal: Strong Buy Current Market Cap: $3.17B |
![]()
|