ALLIANCE RESOURCE PARTNERS LP
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
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13. Revenue From Contracts With Customers
The following table illustrates the disaggregation of our revenues by type, including a reconciliation to our segment presentation as presented in Note 23 – Segment Information.
| | | | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · Coal Operations · · Royalties · · Other, · · · · | |||||||||||||||||||
| · · Illinois · · · · · Corporate and · · · | |||||||||||||||||||
| · Basin · Appalachia · Oil & Gas · Coal · Elimination · Consolidated · | |||||||||||||||||||
| · · (in thousands) · | |||||||||||||||||||
| Year Ended December 31, 2023 | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
| Coal sales | | $1,364,901 | | $845,309 | | $— | | $— | | $— | | $2,210,210 | | ||||||
| Oil & gas royalties | | | — | | | — | | | 137,751 | | | — | | | — | | | 137,751 | |
| Coal royalties | | | — | | | — | | | — | | | 65,572 | | | (65,572) | | | — | |
| Transportation revenues | | | 106,150 | | | 36,140 | | | — | | | — | | | — | | | 142,290 | |
| Other revenues | | | 10,505 | | | 1,885 | | | 3,774 | | | 42 | | | 60,244 | | | 76,450 | |
| Total revenues | | $1,481,556 | | $883,334 | | $141,525 | | $65,614 | | $(5,328) | | $2,566,701 | | ||||||
| | | | | | | | | | | | | | | | | | | | |
| Year Ended December 31, 2022 | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
| Coal sales | | $1,219,943 | | $882,286 | | $— | | $— | | $— | | $2,102,229 | | ||||||
| Oil & gas royalties | | | — | | | — | | | 151,060 | | | — | | | — | | | 151,060 | |
| Coal royalties | | | — | | | — | | | — | | | 60,624 | | | (60,624) | | | — | |
| Transportation revenues | | | 69,540 | | | 44,320 | | | — | | | — | | | — | | | 113,860 | |
| Other revenues | | | 6,822 | | | 1,481 | | | 3,837 | | | 56 | | | 40,622 | | | 52,818 | |
| Total revenues | | $1,296,305 | | $928,087 | | $154,897 | | $60,680 | | $(20,002) | | $2,419,967 | | ||||||
| | | | | | | | | | | | | | | | | | | | |
| Year Ended December 31, 2021 | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
| Coal sales | | $873,930 | | $512,993 | | $— | | $— | | $— | | $1,386,923 | | ||||||
| Oil & gas royalties | | | — | | | — | | | 84,183 | | | — | | | — | | | 84,183 | |
| Coal royalties | | | — | | | — | | | — | | | 51,402 | | | (51,402) | | | — | |
| Transportation revenues | | | 41,001 | | | 28,606 | | | — | | | — | | | — | | | 69,607 | |
| Other revenues | | | 4,666 | | | 3,940 | | | 2,256 | | | 69 | | | 27,586 | | | 38,517 | |
| Total revenues | | $919,597 | | $545,539 | | $86,439 | | $51,471 | | $(23,816) | | $1,579,230 | | ||||||
The following table illustrates the projected revenue for all current coal supply contracts allocated to performance obligations that are unsatisfied or partially unsatisfied as of December 31, 2023 and disaggregated by segment and contract duration.
| | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · · · · · · · · · · 2027 and · · · | ||||||||||||||||
| · 2024 · 2025 · 2026 · Thereafter · Total | ||||||||||||||||
| · · (in thousands) · | ||||||||||||||||
| | | | | | | | | | | | | | | | | |
| Illinois Basin Coal Operations coal revenues | | $1,291,152 | | $494,386 | | $253,465 | | $238,500 | | $2,277,503 | | |||||
| Appalachia Coal Operations coal revenues | | | 754,183 | | | 325,425 | | | 1,600 | | | — | | | 1,081,208 | |
| Total coal revenues (1) | | $2,045,335 | | $819,811 | | $255,065 | | $238,500 | | $3,358,711 | | |||||
(1) Coal revenues generally consists of consolidated revenues excluding our Oil & Gas Royalties segment as well as intercompany revenues from our Coal Royalties segment.
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