ARLP, formerly known as Mapco Coal, produces and sells coal to utilities and industrial users in the U.S. ARLP performed fantastically well relative to the S&P 500 until it peaked at 45.58 in August 2005. Since then the price has declined close to 25%, but recently ARLP has been bid back up every time it has dipped below 34, forming a large descending triangle with bullish implications. ARLP stock also looks cheap according to conventional valuation measures and the dividend yield is 5.78%. There is a good dividend history too. I think the risk-reward ratio is starting to look attractive.
declining. But Alliance Resource Partners, L.P. (NASDAQ:ARLP) owns 549 million tons of coal reserves. Like it or not, this is an energy source that the United States will have to rely on in the future.Yes, the Democrats will be bad for the coal business, the economy has been weak, and coal prices have been