What is the unitholder's Schedule K-1?
Schedule K-1 is similar to Form 1099 that corporate stockholders receive.
Does AHGP have a distribution reinvestment plan?
No, not at this time.
How many mines does ARLP operate?
We currently operate nine mining complexes in five states — Illinois, Indiana, Kentucky, West Virginia, and Maryland. We are also constructing a new mining complex in West Virginia. Additionally, we operate a coal-loading terminal on the Ohio River at Mt. Vernon, Indiana.
What is a unitholder?
Unitholders are limited partners in the partnership. They own units of the partnership rather than shares of stock.
When was AHGP's initial public offering (IPO)?
The Partnership completed its initial public offering on May 15, 2006.
When do I get a Schedule K-1?
We anticipate K-1's will be available the first week in March. If you do not receive your K-1 or if any information is incorrect please call 1-866-867-4060.
How can I get additional questions answered?
Additional information about Alliance Holdings GP can be obtained by e-mail at InvestorRelations@ahgp.com, by telephone at (918) 295-1415, or by writing to Alliance Holdings GP, L.P., 1717 S. Boulder Ave., Tulsa, OK 74119.
Do partners receive dividends?
Partners receive cash distributions rather than dividends. The cash distributions generally are not taxable as long as the unitholder's tax basis remains above zero. The cash payments a partner receives from Alliance Holdings GP, L.P. are a return of capital. Currently, our only cash-generating assets are partnership interests in ARLP, including incentive distribution rights, from which we receive quarterly distributions. We currently have no independent operations separate from those of ARLP. Because we are not subject to an entity-level federal income tax, we have more cash to distribute to our unitholders than would be the case were we subject to tax. There is no guarantee that unitholders will receive quarterly distributions from us. Our cash distribution policy is subject to certain restrictions and may be changed at any time.
AHGP actively assists Alliance Resource Partners, L.P. in identifying, evaluating and pursuing growth opportunities. Who are ARLP's customers?
ARLP predominately serves major utilities and industrial users.
Who serves as AHGP's independent auditors?
Ernst & Young LLP
Is the coal industry very competitive?
The United States coal industry is highly competitive, and there are numerous producers in all coal producing regions. We compete with other coal producers primarily on the basis of coal price at the mine, coal quality, transportation cost from the mine to the customer and the reliability of supply.
Are cash distributions reported as taxable income?
No. Only the amounts provided on your Schedule K-1 should be entered on your tax return.
Why is the coal industry important?
Coal is the most abundant natural resource in America, and it also is the nation's lowest cost fuel source for electricity generation. Because of this, coal has continued to maintain its historical dominance as the primary fuel for electricity generation.
How do I get a Schedule K-1?
All partnership unitholders receive a tax-reporting package that includes a Schedule K-1. The package summarizes the unitholder's allocated share of the Partnership's reportable tax items for the fiscal year. Unitholders file Schedule K-1 with their annual income tax return.
AHGP was formed to help Alliance Resource Partners, L.P. (ARLP) execute its business strategy. Who is ARLP?
Alliance Resource Partners is a diversified producer and marketer of coal to major United States utilities and industrial users. ARLP's predecessor company began mining operations in 1971 and has since grown through acquisitions and internal development to become the fifth-largest coal producer in the eastern United States.
When does AHGP give cash distributions?
Based on current circumstances, AHGP anticipates that it will make cash distribution within 50 days after the end of each March, June, September, and December to unitholders of record on the applicable record dates. Increases to AHGP's quarterly cash distribution to unitholders are considered on a quarterly basis by the Board.
Who do I notify about unitholder issues?
Requests regarding transfer of units, lost certificates, lost distribution check or changes of address should be directed to:
American Stock Transfer and Trust Company
Attn: Shareholder Services
59 Maiden Lane - Plaza Level
New York, NY 10038
Where do the units trade?
AHGP has applied to list its common units on the Nasdaq National Market under the ticker symbol "AHGP."
Where are the partnership's offices?
AHGP's headquarter office is located at 1717 South Boulder Avenue, Tulsa, OK 74119.
Why was AHGP formed?
Alliance Holdings GP, L.P. was formed to own certain general partner interests, all of the incentive distribution rights and 15,544,169 common units in Alliance Resource Partners, L.P. (Nasdaq:ARLP).