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Stock impact report

Alliance Resource Partners, L.P. Announces Actions In Response to Effects of COVID-19 Pandemic

Alliance Resource Partners, L.P. - Common Units Representing Limited Partnership Interests (ARLP) 
Last alliance resource partners, l.p. - common units representing limited partnership interests earnings: 1/27 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: arlp.com/events-and-presentations
Company Research Source: Business Wire
TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) today announced a series of actions in response to the rapidly evolving impact of the COVID-19 pandemic. The unprecedented decision by world leaders to lockdown the global economy to combat the deadly virus has crushed demand for energy. The price war initiated by Saudi Arabia and Russia has lowered oil prices even more. All Americans are having to adjust to a way of life none of us could have imagined two months ago.Given the essential, life-sustaining nature of its business, ARLP continued to operate during the 2020 first quarter. For the past six weeks, however, we have been working at reduced levels while evaluating the needs of our customers amid the disruptions caused by the pandemic. It appears these disruptions will continue for the immediate near future and in light of the ongoing uncertainty surrounding the COVID-19 pandemic, ARLP is taking the following actions:ARLP is temporarily ceasing coa Show less Read more
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