ARLP (Alliance Resource Partners LP, $18.00) is amongst the nations leading coal mining corporations in America. If your into the coal/ Basic Materials sector, you may want to look into ARLP.
Investors and analysts have notice their increase in volume.
— MarketScreener (@MScreener) June 27, 2018
Due to the recent Tax Cuts and Jobs Act, coal workers have received a substantial tax relief and ARLP plans to reopen a min in Gibson County, Indiana previously closed in late 2014, employed 417 miners.
Though their cashflow fell in 2017 to 20.96%, their GPM (gross profit margin) has remained steady ranging from 40% to 36% (since 2014).
(Screenshot from MSN.com/money)
While many investors compare ARLP to other corporations such as CSUAY (China Shenhua Energy LTD, $10.30) or CLNDY (Coal India LTD), the recent demand for coal overseas will provide more customers and higher revenue. American coal corporations see this as an opportunity to stop the “yearlong drop” in their production. Though investors are wary of their dramatic price drop in (2015, $50.21), analysts see ARLP as a buy and investors are looking to buy closer to their 52-week low at $15.55.
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Information Obtained: WSJ.com, EIA.gov, and Marketwatch.com