Summary
Despite reduced capacity, coal producer Alliance Resource Partners recorded double-digit revenue and profit growth in its second quarter, easily besting Wall Street projections.
This helped the Tulsa firm achieve record results for the first half of 2007 - a strong omen, since Alliance anticipates returning to full production later this year.See the full content of this document
Extract
Tulsa Coal Producer Sales, Profits Surge
Even so, officials Monday warned that rising costs from enforcing new federal and state mine safety regulations could lower Alliance results for the rest of 2007.
"It's strong, but it could be stronger," M. Jake Dollarhide said of the report. "I don't think ...See the full content of this document
Sponsored links
