Why Alliance Resource Partners, L.P. Unitholders Have Nothing to Worry About
The coal industry has been hit hard in recent years with once-dominant names like Peabody Energy (NYSE: BTU) resorting to bankruptcy protection to ensure their survival. Throughout the downturn, however, one name has stood out -- Alliance Resource Partners, L.P. (NASDAQ: ARLP). Here's why investors have nothing to worry about when looking at this coal industry leader with an over-10% distribution yield.
So let's get the bad news out of the way up front... Coal is slowly losing its place in the U.S. power grid. There are several reasons, the most notable of which is low natural gas prices. Coal is unlikely to regain material share from this cleaner burning fuel.
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Source: Fool.com
