Alliance’s coal sales volume expectations lowered on weaker production: B. Riley

摘要

B. Riley analysts lowered their second quarter sales volume estimate for Alliance Resource Partners given the drop in Illinois Basin and Central Appalachian production from the first quarter as shown by Mine Safety and Health Administration data. To date MSHA has reported 80% of Alliance’s ILB output and about half of its CAPP production, showing output down 19% and 16%, respectively, from first quarter levels.