Zacks Investment Research downgraded shares of ALLIANCE HLDGS (AHGP) from OUTPERFORM to NEUTRAL on September 30, 2013, with a target price of $68.50.
Alliance Holdings GP, L.P., through its subsidiaries, produces and markets coal primarily to utilities and industrial users in the United States. It produces a range of steam coal with varying sulfur and heat contents. Alliance Holdings GP, L.P. is a limited partnership formed to own and control Alliance Resource Management GP, LLC, the managing general partner of Alliance Resource Partners, L.P., a publicly traded limited partnership engaged in the production and marketing of coal to major U.S. utilities and industrial users. . In addition, the company leases land and operates a coal loading terminal. . Further, it engages in trading of coal, as well as offers services, including ash and scrubber sludge removal, coal yard maintenance, and arranging alternate transportation services. The company is based in Tulsa, Oklahoma.
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