9 May 2014

Alliance Holding GP LP

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2 min
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Company:
Alliance Holding GP LP
Alliance Holdings GP, L.P. (AHGP) is a limited partnership formed in November 2005 to own and control Alliance Resource Management GP, LLC, the manag...

Alliance Holdings GP, L.P. (AHGP) is a limited partnership formed in November 2005 to own and control Alliance Resource Management GP, LLC, the managing general partner of Alliance Resource Partners, L.P. (ARLP), a publicly traded limited partnership engaged in the production and marketing of coal to major U.S. utilities and industrial users.

AHGP owns certain general partner interests, all of the incentive distribution rights and 15,544,169 common units in ARLP.

The primary business objective of AHGP is to increase its cash distributions to unitholders by actively helping ARLP in executing its business strategy. ARLP's business strategy is to create sustainable, capital-efficient growth in distributable cash flow to maximize its distribution to its unitholders. To accomplish this, AHGP will assist ARLP in identifying, evaluating and pursuing growth strategies, and could include helping ARLP to:

  • Expand its operations by adding and developing mines and coal reserves in existing, adjacent or neighboring properties;
  • Develop new mining complexes in locations with attractive market conditions;
  • Continue to make productivity improvements in order to be a safe, low-cost producer in each region in which it operates;
  • Strengthen its position with existing and future customers by offering a broad range of coal qualities, transportation alternatives and customized services.

In the future, AHGP also may support the growth of ARLP through the use of capital resources, which could involve loans or capital contributions to ARLP to provide funding for the acquisition of a business or asset or for an internal growth project.

Company:

Executive:
ALT
Joseph W.
Craft III
President, Chief Executive Officer and Chairman of the Board
ALT
Brian L.
Cantrell
Senior Vice President and Chief Financial Officer
ALT
R. Eberley
Davis
Senior Vice President, General Counsel and Secretary
ALT
Thomas M.
Davidson, Sr.
Director and Member of the Audit and Chairman of the Conflicts Committees
Company:

Alliance Holding GP LP

Year founded:
1971
Company Social

Company:

Executive:
ALT
Joseph W.
Craft III
President, Chief Executive Officer and Chairman of the Board
ALT
Brian L.
Cantrell
Senior Vice President and Chief Financial Officer
ALT
R. Eberley
Davis
Senior Vice President, General Counsel and Secretary
ALT
Thomas M.
Davidson, Sr.
Director and Member of the Audit and Chairman of the Conflicts Committees
Company:

Alliance Holding GP LP

Year founded:
1971
Company Social

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