Alliance Resource shares jump 10.42% intraday after reporting 406% YoY net income growth, $191.1M EBITDA, and record oil & gas royalty volumes.

Alliance Resource Partners, L.P. surged 10.42% intraday following the release of its fourth-quarter financial results, which highlighted a 406.2% year-over-year increase in net income to $82.7 million and a 54.1% rise in Adjusted EBITDA to $191.1 million. The company reported record oil & gas royalty volumes, up 20.2% YoY, and 8.2 million tons of coal production, a 18.7% increase. Management emphasized strong operational performance, including improved Illinois Basin productivity and a $17.5 million investment income from a coal-fired power plant equity stake. The declaration of a $0.60-per-unit quarterly distribution ($2.40 annualized) further reinforced investor confidence. CEO Joseph Craft underscored the reestablishment of the National Coal Council and robust industry fundamentals, including the PJM capacity auction clearing at the FERC cap, as tailwinds for coal’s economic and strategic importance. These factors collectively drove the sharp intraday rally despite lower-than-expected revenue.