| Alliance Resource Partners is a natural resource company. Co.'s reportable segments are: Illinois Basin, which includes its operating mining complexes Gibson County Coal's mining complex as well as Co.'s Mt. Vernon coal-loading terminal in Indiana which operates on the Ohio River; Appalachia, which includes its operating mining complexes the Mettiki mining complex, the Tunnel Ridge mining complex and the MC Mining mining complex as well as Penn Ridge assets, which is primarily coal mineral interests; and Minerals, which includes oil and gas mineral interests held by Co.'s subsidiaries, AR Midland, LP, AllDale Minerals, LP and AllDale Minerals II, LP. We show 40 historical shares outstanding datapoints in our ARLP shares outstanding history coverage, used to compute ARLP market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ARLP market cap history over the course of time is important for investors
interested in comparing ARLP's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ARLP versus a peer is one thing; comparing
ARLP market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ARLP can fluctuate over the course of history.
With this page we aim to empower investors researching ARLP by allowing them to research the ARLP market cap history.