Alliance Resource Partners: Income Anchor With a Growth Option — Buy for Yield, Hold for Re-rating
Alliance Resource Partners (ARLP) combines a cyclical coal business with meaningful royalty streams and strong free cash flow. At $24.58 today, the partnership yields roughly 9.8%, trades at a reasonable EV/EBITDA of 5.9 and carries low leverage. This trade idea targets a move back toward the 52-week high as coal demand rebalances and royalties mon…