Alliance Holdings - Kohleproduzent - 500 Beiträge pro Seite

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Corporate Profile

Alliance Holdings GP, L.P. (NASDAQ: AHGP) is a limited partnership formed to own and control Alliance Resource Management GP, LLC, the managing general partner of Alliance Resource Partners, L.P. (NASDAQ: ARLP), a diversified producer and marketer of coal to major United States utilities and industrial users. AHGP's common units are traded on the Nasdaq Global Select Market under the ticker symbol "AHGP."

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Sunday, 31 Jan 2010
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Alliance Resource released following outlook

Mr Joseph Craft CEO of ARLP said "We are optimistic about our chances to deliver another record year of financial performance in 2010. Our projections for this year are heavily reliant on contracted sales commitments and the renewed strength we see in the metallurgical and export coal markets. We see some encouraging signs of improvement in the overall domestic economy as well, including increased coal-fired electric generation which has contributed to improved coal markets so far this year. Our generally positive outlook is tempered, however, by concerns that high utility stockpiles, uncertain pricing for natural gas and the potential of slower industrial growth may impact coal demand in the short term. In light of these concerns we have delayed the staffing for the seventh and eighth production units at our new River View mine until the market demand for this production is more certain. Thus, our production guidance assumes River View will be operating six units of production by the second quarter of this year and will continue operating at that level indefinitely. At this time, ARLP expects to maintain the construction schedule which would allow us to begin longwall operation at the Tunnel Ridge mine in the Q4 of 2011."

For 2010, ARLP is currently anticipating total capital expenditures in a range of USD 275.0 to USD 315.0 million, including maintenance capital expenditures. Estimated capital expenditures include investments for the continuing expansion of the River View mine and development of the Tunnel Ridge mine; facilities upgrades, infrastructure improvements and efficiency projects at various other operations; and increased expenditures to comply with new regulatory requirements. ARLP is currently estimating maintenance capital expenditures of approximately USD 4.00 per ton produced. Actual maintenance capital expenditures in 2010 may vary due to changes in anticipated construction and maintenance schedules. As a result of these planned investments, ARLP expects 2010 depreciation, depletion and amortization expenses to increase to a range of USD 137.0 to USD 147.0 million, compared to USD 117.5 million in 2009.

ARLP is currently anticipating 2010 coal production to grow to a range of 29.6 to 30.3 million tons and coal sales to increase to approximately 30.3 to 31.0 million tons, of which approximately 95% to 98% is contractually committed and priced. ARLP has also secured sales commitments for approximately 27.4 million tons, 20.4 million tons and 19.4 million tons in 2011, 2012 and 2013, respectively, of which approximately 2.0 million tons and 5.4 million tons currently remain open to market pricing in 2012 and 2013, respectively.

Based on current estimates for coal production, coal sales volumes and coal sales prices, ARLP is anticipating 2010 revenues to grow to a range of USD 1.47 to USD 1.55 billion, excluding transportation revenues. Although mining operations continue to benefit from cost control initiatives across the organization, ARLP currently anticipates certain expense categories will increase on a per ton basis in 2010 driving total Segment Adjusted EBITDA Expense per ton higher by approximately 3% to 5%, compared to 2009.

For 2010, ARLP is also estimating EBITDA in a range of USD 410.0 to USD 450.0 million and net income in a range of USD 240.0 to USD 270.0 million, indicating projected growth of approximately 20% to 32% and 25% to 40% in EBITDA and net income respectively, compared to 2009.

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26.04.2010 13:01
Alliance Holdings GP, L.P. Increases Quarterly Distribution by 2.8% to $0.465 Per Unit and Reports Record Quarterly Financial Results

Alliance Holdings GP, L.P. (NASDAQ: AHGP) today announced that the Board of Directors of its general partner declared a quarterly cash distribution for the quarter ended March 31, 2010 (the "2010 Quarter") of $0.465 per unit, or an annualized rate of $1.86 per unit, which will be paid on May 20, 2010, to AHGP's unitholders of record as of the close of trading on May 13, 2010.

The announced distribution represents a 12.0% increase over the $0.415 per unit distribution (an annualized rate of $1.66 per unit) for the quarter ended March 31, 2009 (the "2009 Quarter") and an increase of 2.8% over the fourth quarter 2009 distribution of $0.4525 per unit (an annualized rate of $1.81 per unit).

The declared distribution is based on the distribution AHGP will receive from its ownership interests in Alliance Resource Partners, L.P. (NASDAQ: ARLP). ARLP today announced a quarterly distribution for the 2010 Quarter of $0.79 per unit, or $3.16 per unit on an annualized basis, payable on May 14, 2010 to all unitholders of record as of the close of trading on May 7, 2010.

AHGP also reported net income for the 2010 Quarter of $41.0 million, or $0.69 per basic and diluted limited partner unit, an increase of 5.7% compared to net income for the 2009 Quarter of $38.8 million, or $0.65 per basic and diluted limited partner unit.

AHGP currently has no other operating activities apart from those conducted by the operating subsidiaries of ARLP and reports its financial results on a consolidated basis with the financial results of ARLP. AHGP's principal sources of cash flow are its ownership of general partner interests, limited partner interests and incentive distribution rights in ARLP. Based on ARLP's current declared distribution, AHGP expects to receive quarterly cash distributions from ARLP of $28.7 million, or $114.8 million on an annualized basis. AHGP's primary cash requirements are for working capital, distributions to its unitholders and general and administrative expenses, including for 2010 an estimated $2.3 million in general and administrative expenses associated with being a publicly traded limited partnership. At March 31, 2010, AHGP had no borrowings outstanding under its revolving credit facility.

AHGP and ARLP will discuss their 2010 Quarter financial results during a joint conference call scheduled for today at 10:00 a.m. Eastern. To participate in the conference call, dial [phone] and provide pass code 35830395. International callers should dial [phone] and provide the same pass code. Investors may also listen to the call via the "investor information" section of ARLP's website at http://www.arlp.com or AHGP's website at http://www.ahgp.com.

An audio replay of the conference call will be available for approximately one week. To access the audio replay, dial [phone] and provide pass code 38659156. International callers should dial [phone] and provide the same pass code.

This announcement is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b), with 100% of the partnership's distributions to foreign investors attributable to income that is effectively connected with a United States trade or business. Accordingly, AHGP's distributions to foreign investors are subject to federal income tax withholding at the highest applicable tax rate.

About Alliance Holdings GP, L.P.

AHGP is a limited partnership formed to own and control Alliance Resource Management GP, LLC, the managing general partner of ARLP, through which it holds a 1.98% general partner interest and the incentive distribution rights in ARLP. In addition, AHGP owns 15,544,169 common units of ARLP.

News, unit prices and additional information about AHGP including filings with the Securities and Exchange Commission, are available at http://www.ahgp.com. For more information, contact the investor relations department of AHGP at [phone] or via e-mail at [e-mail].

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Alliance Holdings GP, L.P. Increases Quarterly Distribution by 3.8% to $0.4825 Per Unit and Reports Record Quarterly Financial Results

TULSA, Okla., Jul 26, 2010 (BUSINESS WIRE) --

Alliance Holdings GP, L.P. (NASDAQ: AHGP) today announced that the Board of Directors of its general partner declared a quarterly cash distribution for the quarter ended June 30, 2010 (the "2010 Quarter") of $0.4825 per unit, or an annualized rate of $1.93 per unit, which will be paid on August 19, 2010, to AHGP's unitholders of record as of the close of trading on August 12, 2010.

The announced distribution represents a 12.9% increase over the $0.4275 per unit distribution (an annualized rate of $1.71 per unit) for the quarter ended June 30, 2009 (the "2009 Quarter") and an increase of 3.8% over the first quarter 2010 distribution of $0.465 per unit (an annualized rate of $1.86 per unit).

The declared distribution is based on the distribution AHGP will receive from its ownership interests in Alliance Resource Partners, L.P. (NASDAQ: ARLP). ARLP today announced a quarterly distribution for the 2010 Quarter of $0.81 per unit, or $3.24 per unit on an annualized basis, payable on August 13, 2010 to all unitholders of record as of the close of trading on August 6, 2010. (See ARLP Press Release dated July 26, 2010.)

AHGP also reported record net income for the 2010 Quarter of $46.2 million, or $0.77 per basic and diluted limited partner unit, an increase of 79.8% compared to net income for the 2009 Quarter of $25.7 million, or $0.43 per basic and diluted limited partner unit. For the six months ended June 30, 2010, AHGP's net income increased 35.2% to a record $87.3 million, or $1.46 per basic and diluted limited partner unit, compared to net income for the six months ended June 30, 2009 of $64.5 million, or $1.08 per basic and diluted limited partner unit.

AHGP currently has no other operating activities apart from those conducted by the operating subsidiaries of ARLP and reports its financial results on a consolidated basis with the financial results of ARLP. AHGP's principal sources of cash flow are its ownership of general partner interests, limited partner interests and incentive distribution rights in ARLP. Based on ARLP's current declared distribution, AHGP expects to receive quarterly cash distributions from ARLP of $29.8 million, or $119.2 million on an annualized basis. AHGP's primary cash requirements are for working capital, distributions to its unitholders and general and administrative expenses, including for 2010 an estimated $3.8 million in general and administrative expenses. At June 30, 2010, AHGP had no borrowings outstanding under its revolving credit facility.

AHGP and ARLP will discuss their 2010 Quarter financial results during a joint conference call scheduled for today at 10:00 a.m. Eastern. To participate in the conference call, dial [phone] and provide pass code 98054809. International callers should dial [phone] and provide the same pass code. Investors may also listen to the call via the "investor information" section of ARLP's website at http://www.arlp.com or AHGP's website at http://www.ahgp.com.

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Q3 war etwas schwächer als Q2; könnte sein, dass sich der aktuelle Ärger in Queensland positiv für Alliance auswirkt...

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Kurs ist so stark gestiegen, dass die Ausschüttungsrendite nur noch 3,7% beträgt.

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Alliance Holdings GP, L.P. Increases Quarterly Distribution by 4.5% to $0.6375 Per Unit and Reports Record Annual Financial Results

TULSA, Okla.--(BUSINESS WIRE)--Jan. 27, 2012-- Alliance Holdings GP, L.P. (NASDAQ: AHGP) today announced that the Board of Directors of its general partner declared a quarterly cash distribution for the quarter ended December 31, 2011 (the "2011 Quarter") of $0.6375 per unit, or an annualized rate of $2.55 per unit. The declared distribution will be paid on February 17, 2012 to AHGP’s unitholders of record as of the close of trading on February 10, 2012.

The announced distribution represents an increase of 4.5% over the third quarter 2011 distribution of $0.61 per unit (an annualized rate of $2.44 per unit). "AHGP enjoyed continued success in the 2011 Quarter as our distribution increased 20.9% over the prior year quarter," said Joseph W. Craft III, President and Chief Executive Officer. "We currently expect AHGP quarterly unitholder distributions in 2012 to grow at a pace similar to 2011."

The declared distribution is based on the distribution AHGP will receive from its ownership interests in Alliance Resource Partners, L.P. (NASDAQ: ARLP). ARLP today announced a quarterly distribution for the 2011 Quarter of $0.99 per unit, or $3.96 per unit on an annualized basis, payable on February 14, 2012 to all unitholders of record as of the close of trading on February 7, 2012. (See ARLP Press Release dated January 27, 2012.)

Reflecting record financial results for the year ended December 31, 2011 (the “2011 Period”), AHGP reported record net income for the 2011 Period of $214.1 million, or $3.58 per basic and diluted limited partner unit, an increase of 22.8% compared to net income for the year ended December 31, 2010 of $174.3 million, or $2.91 per basic and diluted limited partner unit. For the 2011 Quarter, net income increased 9.5% to $52.1 million, or $0.87 per basic and diluted limited partner unit, compared to $47.6 million, or $0.80 per basic and diluted limited partner unit, for the quarter ended December 31, 2010. (For a discussion of net income presentation, please see the end of this release.)

AHGP currently has no other operating activities apart from those conducted by the operating subsidiaries of ARLP and reports its financial results on a consolidated basis with the financial results of ARLP. AHGP’s principal sources of cash flow are its ownership of general partner interests, limited partner interests and incentive distribution rights in ARLP. Based on ARLP’s current declared distribution, AHGP expects to receive quarterly cash distributions from ARLP of $39.2 million, or $156.8 million on an annualized basis. AHGP’s primary cash requirements are for working capital, distributions to its unitholders and general and administrative expenses, including for 2012 an estimated $4.7 million in general and administrative expenses.

AHGP and ARLP will discuss their 2011 Quarter financial results during a joint conference call scheduled for today at 10:00 a.m. Eastern. To participate in the conference call, dial [phone] and provide pass code 77683113. International callers should dial [phone] and provide the same pass code. Investors may also listen to the call via the "investor information" section of ARLP’s website at http://www.arlp.com or AHGP’s website at http://www.ahgp.com.

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http://brontecapital.blogspot.de/2013/03/alliance-resources-…

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habe mich mal bis auf ein Erinnerungsstück getrennt...

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frage mich, wie die es bei dieser Kohlegesamtmarktlage schaffen, weiter munter Gewinne zu schreiben...

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Antwort auf Beitrag Nr.: 48.197.476 von R-BgO am 02.11.14 13:05:21

die Frage wird immer brennender...

aktuelles KGV unter 10, sehr ungewöhnlich für eine MLP

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So ein Scheiß!

Der deutsche Fiskus läuft wieder mal Amok.

Habe anläßlich umfangreicher Nachbuchungen von comdirect erfahren, dass Monsieur le Schäuble per Schreiben vom 18.1.2016 folgendes erließ:

"Einkommensteuerrechtliche Behandlung der Erträge aus einer Limited Liability Company (LLC), Limited Partnership (LP) oder einer Master Limited Partnership (MLP)

Bestimmte Gesellschaften - beispielsweise in der Rechtsform einer LLC, LP oder einer MLP -, deren Anteile als depotfähige Wertpapiere an einer Börse gehandelt werden, können nach ausländischem Steuerrecht ein Wahlrecht zur Besteuerung als Kapital- oder Personenge- sellschaft haben. Erträge aus solchen Gesellschaften sind für das Steuerabzugsverfahren auch dann als Dividendenerträge i. S. des § 20 Absatz 1 Nummer 1 EStG zu behandeln, wenn nach ausländischem Steuerrecht zur Besteuerung als Personengesellschaft optiert wurde.

Die Anrechnung der ausländischen Quellensteuer findet allein im Veranlagungsverfahren statt. Hinsichtlich der steuerlichen Einordnung beispielsweise einer LLC, LP oder einer MLP als Personengesellschaft oder Kapitalgesellschaft gelten die Grundsätze des BMF-Schreibens vom 19. März 2004 (BStBl I S. 411) unter Berücksichtigung der Ausführungen in Textzif- fer 1.2 des BMF-Schreibens vom 26. September 2014 (BStBl I S. 1258)."


Ergebnis:
Von 100% Distribution lassen die Amis eh' schon nur 60,4% durch und davon tun sich unsere nochmal 26,375% weg. Es bleiben also 34%, die Steuerlast beträgt 76%!.

Von der Anrechnung im Veranlagungsverfahren erwarte ich mir wenig, da in den referenzierten älteren Schreiben ziemlich klar wird, dass die börsennotierten MLP nach deutschem Recht als Körperschaften einzustufen und deswegen keine US-Steuern anzurechnen sind.


Habe inzwischen alles verkauft oder ein Erinnerungsstück behalten bei:

Hi-Crush, Emerge Energy Services, Enbridge Energy Partners, Williams Partners, Energy Transfer Partners (Komplettverkauf)

Northern Tier Energy, Amerigas, Energy Transfer Equity, CONE Midstream, CNX Resources, Enterprise Products, Legacy Reserves, CSI Compressco, USA Compression, Archrock Partners, Buckeye Partners, Blueknight Partners, Boardwalk Pipeline, Alliance Resource Partners, Alliance Holdings, EV Energy Partners, Cheniere Energy Partners, Linn Energy (Erinnerungsstück(e))

Scheinbar ausgenommen vom Problem ist nur Enbridge Energy Management, weil dort nicht die US-Steuer vorabgezogen wird.


Wenigstens sollten die Verluste nun anrechenbar sein...


Werde trotz meiner Skepsis natürlich versuchen, im Anrechnungsverfahren was zu erreichen.

Wie schon gesagt: So ein Scheiß!

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aktuelles KGV 8,8

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wird wegrationalisiert:

Alliance Resource Partners, L.P. and Alliance Holdings GP, L.P. Jointly Announce Simplification Transactions
Company Release - 2/23/2018 7:30 AM ET


TULSA, Okla.--(BUSINESS WIRE)--

Alliance Resource Partners, L.P. (NASDAQ: ARLP) and Alliance Holdings GP, L.P. (NASDAQ: AHGP) (collectively, the “Alliance Partnerships”) jointly announced today an agreement pursuant to which, through a series of transactions (the “Simplification Transactions”), AHGP would become a wholly owned subsidiary of ARLP and all of the ARLP common units held by AHGP and its subsidiaries (the “Exchange Units”) would be distributed to the unitholders of AHGP in exchange for their AHGP common units.

The Simplification Transactions also contemplate that ARLP will issue ARLP common units in exchange for the 1.0001% general partner interest in Alliance Resource Operating Partners, L.P. and the 0.001% managing membership interest in Alliance Coal, LLC. The number of ARLP common units issued in exchange for these interests will be calculated based on ARLP’s last quarterly unitholder distribution prior to the closing of the Simplification Transactions and will provide the same cash flow from distributions attributable to the newly issued units after the exchange as would have been paid to the interests if not for the exchange. Based on ARLP’s last quarterly distribution of $0.51 per ARLP common unit, ARLP would issue in exchange for these interests approximately 1,320,377 ARLP common units upon closing of the Simplification Transaction.

Upon the consummation of the Simplification Transactions, all of the outstanding AHGP common units will be canceled and cease to be publicly traded. The Simplification Transactions are structured such that each AHGP unitholder will hold directly after the transactions the same economic share of ARLP and its subsidiaries that it held indirectly through AHGP before the transactions. The Simplification Transactions are intended to simplify the organizational structure of the Alliance Partnerships, increase investor transparency, attract a broader investor base to a single, larger entity with increased public float and greater liquidity and eliminate the duplicative costs required to maintain two public companies.

The terms of the agreement (the “Simplification Agreement”) were approved by both the board of directors of AHGP’s general partner and ARLP’s general partner. Vinson & Elkins LLP served as legal advisor in connection with the transactions.

The closing of the Simplification Transactions, which is currently expected to occur in the second or third quarter of 2018, is subject to the satisfaction of customary closing conditions, including the approval of the Simplification Agreement by the affirmative vote or consent of holders of a majority of the outstanding AHGP common units, and the effectiveness of a registration statement on Form S-4 to be filed with the Securities and Exchange Commission (the “SEC”) by ARLP with respect to the distribution of the Exchange Units. Certain AHGP unitholders that collectively own a majority of the outstanding AHGP common units have agreed to deliver a written consent with respect to such units approving the Simplification Agreement.

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Ausbuchung kam heute


Over-and-out

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Thread: Alliance Resource Partners - US-Kohle-MLP