StoneX reiterates Buy on Alliance Resource Partners stock
StoneX reiterated a Buy rating and $29.00 price target for Alliance Resource Partners (ARLP). ARLP reported Q3 adjusted EBITDA of $234M, beating StoneX's estimate of $210M. The company expects higher coal demand from data centers and increased oil and gas royalties. ARLP's Q3 2026 earnings of $1.08 per unit and revenue of $603M exceeded expectations, with net income up 46.8% YoY.
