Alliance Resource Partners posted second-quarter net income of $79.6 million, a 33.9% increase from a year earlier. Total revenue rose to $551.6 million, while adjusted EBITDA climbed 14.7% to $185.7 million. Coal sales volumes edged up 2.1% to 8.6 million tons, though the average coal sales price per ton slipped 5.3% to $54.87. The Oil & Gas Royalties segment delivered record revenue of $46.5 million, up 31.1%, and segment adjusted EBITDA of $38 million, up 27.2%. The company ended the quarter with total liquidity of $424 million, including $312.8 million available under revolving credit facilities, and held 646 bitcoins valued at $37.8 million.
Alliance Resource Partners LPQ2 net income jumped 33.9%, revenue rose, and adjusted EBITDA climbed 14.7%.