Alliance Resource Partners (ARLP) Q3 2020 Earnings Call Transcript

Earlier this morning, Alliance Resource Partners released its third-quarter 2020 financial and operating results, and we will now discuss these results, as well as our perspective on market conditions and outlook. Increased free cash flow allowed ARLP to expand liquidity by 41.4% to $422.2 million, reduce total debt by $100.8 million and lower total leverage to 1.69 times at the end of the 2020 quarter, keeping us comfortably in compliance with all debt covenants.