Alliance Resource Partners Lp (ARLP) SEC Filing 10-K Annual report for the fiscal year ending Sunday, December 31, 2017

Earnings Press Release
10-K Annual Report
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Alliance Resource Partners Lp
Ticker: ARLP CIK: 1086600

Exhibit 99.1

PRESS RELEASE

	CONTACT:
	Brian L. Cantrell
	Alliance Resource Partners, L.P.
	1717 South Boulder Avenue, Suite 400
	Tulsa, Oklahoma 74119
FOR IMMEDIATE RELEASE	(918) 295-7673

ALLIANCE RESOURCE PARTNERS, L.P.

Reports Quarterly and Annual Financial and Operating Results; Increases Quarterly Cash Distribution 1.0% to $0.51 Per Unit; and Provides Initial 2018 Guidance

TULSA, OKLAHOMA, January 29, 2018 — Alliance Resource Partners, L.P. (NASDAQ: ARLP) today reported financial and operating results for the quarter and year ended December 31, 2017 (the "2017 Quarter" and the "2017 Year", respectively). Total revenues were $483.2 million in the 2017 Quarter compared to $527.4 million for the quarter ended December 31, 2016 (the "2016 Quarter"), as coal sales revenues declined due to reduced coal sales volumes and prices. Lower revenues contributed to reduced net income attributable to ARLP for the 2017 Quarter, which declined to $74.2 million, or $0.55 per basic and diluted limited partner unit, compared to $119.6 million, or $1.30 per basic and diluted limited partner unit, for the 2016 Quarter. EBITDA in the 2017 Quarter of $159.9 million was also lower compared to $217.8 million in the 2016 Quarter. (For a definition of EBITDA, Adjusted EBITDA and related reconciliations to comparable GAAP financial measures and actual and pro forma earnings per basic and diluted limited partner unit reflecting the exchange transaction announced in our July 28, 2017 press release as if it had occurred on January 1, 2016, please see the end of this release.)

ARLP’s financial performance for the 2017 Quarter improved compared to the quarter ended September 30, 2017 (the "Sequential Quarter"). Led by higher production and sales volumes from our Hamilton longwall operation, net income attributable to ARLP and EBITDA increased by 21.2% and 12.5%, respectively, compared to the Sequential Quarter. Increased volumes also helped drive Segment Adjusted EBITDA Expense per ton down by 3.5% compared to the Sequential Quarter. (For a definition of Segment Adjusted EBITDA Expense per ton and related reconciliation to comparable GAAP financial measures, please see the end of this release.)

Total revenues were $1.80 billion in the 2017 Year compared to $1.93 billion for the year ended December 31, 2016 (the "2016 Year"), as the anticipated reduction in coal sales prices more than offset increased sales volumes. Although lower revenues were partially offset by decreased operating expenses, reduced depreciation, depletion and amortization and increased income from our oil and gas investments, net income attributable to ARLP for the 2017 Year declined to $303.6 million, or $2.80 per basic and diluted limited partner unit, compared to $339.4 million, or $3.39 per basic and diluted limited partner unit, for the 2016 Year. Adjusted EBITDA for the 2017 Year also decreased to $620.8 million compared to $706.7 million in the 2016 Year.

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The following information was filed by Alliance Resource Partners Lp (ARLP) on Monday, January 29, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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