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Article: Alliance Resource Partners, L.P. Reports Increased Quarterly and Record Year-to-Date Financial Results; Increases Quarterly Cash Distribution 2.0% to $0.76 Per Unit.(Financial report)
- Article from:
- Energy Weekly News
- Article date:
- November 13, 2009
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Alliance Resource Partners, L.P. (NASDAQ: ARLP) reported increased quarterly and record year-to-date revenues, EBITDA and net income for the three months and nine months ended September 30, 2009 (the "2009 Quarter" and "2009 Period," respectively).
Comparing the 2009 Quarter to the quarter ended September 30, 2008 (the "2008 Quarter"), revenues increased 4.8% to $299.6 million, EBITDA rose 19.7% to $72.8 million, and net income climbed 25.1% to $36.4 million, or $0.57 of net income per basic and diluted limited partner unit. (For a discussion of our net income presentation and a definition of EBITDA and related reconciliations to comparable GAAP financial ...
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