AHGP Profile
Alliance Holdings GP, L.P. (AHGP) is a publicly traded master limited partnership (MLP) that owns and controls Alliance Resource Partners, L.P. (ARLP), a coal mining company. AHGP was founded in 2005 and is headquartered in Tulsa, Oklahoma, USA.
As the general partner of ARLP, AHGP owns a significant portion of ARLP's units and receives distributions based on ARLP's performance. ARLP operates several coal mines in the United States and sells its coal primarily to utilities and industrial users.
AHGP's stock is publicly traded on the NASDAQ stock exchange under the ticker symbol "AHGP". As with any publicly traded stock, the price of AHGP's stock can fluctuate based on market conditions, company performance, and other factors. However, MLPs such as AHGP are known for their high dividend yields, which may make them attractive to income-seeking investors. Before investing in AHGP or any MLP, investors should carefully consider their investment goals, risk tolerance, and financial situation, as well as the unique tax implications of investing in MLPs.
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