Alliance Resource Partners expands royalty portfolio with $206M acquisition

Alliance Resource Partners (NASDAQ:ARLP) announced on June 8, 2026, that it has entered into definitive agreements to acquire general partner and limited partner interests in AllDale Minerals III, LP and AllDale Minerals IV, LP (collectively, “AllDale III & IV”) for approximately $206.2 million.

The transaction, which is subject to customary closing adjustments, implies an aggregate gross valuation of roughly $410 million for the two entities.

The assets being divested by third-party sellers are valued at approximately $306.2 million.

Of this total, ARLP will acquire interests for $206.2 million, while related parties of Joseph W. Craft III, the company’s Chairman, President, and Chief Executive Officer, will acquire the remaining $100 million.

The difference between the $410 million aggregate gross valuation and the acquired interests accounts for existing holdings already owned by ARLP and the Craft-related parties.

Upon the expected closing in July 2026, ARLP’s aggregate economic interest in AllDale III & IV is projected to increase significantly, rising from approximately 5% to 61%.

Additionally, ARLP will obtain 100% of the general partner interests in the entities through a wholly owned subsidiary.