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ALLIANCE RESOURCE PARTNERS LP（ARLP）与GULFPORT ENERGY CORP（GPOR）财务数据对比。点击上方公司名可切换其他公司
ALLIANCE RESOURCE PARTNERS LP的季度营收约是GULFPORT ENERGY CORP的1.3倍（$516.0M vs $398.2M），GULFPORT ENERGY CORP净利率更高（33.3% vs 2.1%，领先31.2%），GULFPORT ENERGY CORP同比增速更快（66.0% vs -3.6%），过去两年GULFPORT ENERGY CORP的营收复合增速更高（18.6% vs -6.7%）
联合资源伙伴有限合伙是北美领先的自然资源企业，核心业务为公用事业及工业客户生产、销售煤炭，同时运营矿权特许经营、油气开采、物流配套等关联业务，服务覆盖美国及周边主要能源消费市场。
Gulfport Energy Corp是一家总部位于美国的独立油气勘探生产企业，核心运营区域覆盖俄亥俄州尤蒂卡页岩区、俄克拉荷马州SCOOP产区，主要生产天然气、原油及天然气液，供应北美工业、公用事业及商业终端市场。
ARLP vs GPOR — 直观对比
营收规模更大
ARLP
是对方的1.3倍
$398.2M
营收增速更快
GPOR
高出69.6%
-3.6%
净利率更高
GPOR
高出31.2%
2.1%
两年增速更快
GPOR
近两年复合增速
-6.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $516.0M | $398.2M |
| 净利润 | $10.7M | $132.4M |
| 毛利率 | — | 76.6% |
| 营业利润率 | 4.2% | 44.9% |
| 净利率 | 2.1% | 33.3% |
| 营收同比 | -3.6% | 66.0% |
| 净利润同比 | — | 148.5% |
| 每股收益（稀释后） | — | $7.98 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ARLPGPOR
| Q1 26 | $516.0M | — | ||
| Q4 25 | $535.5M | $398.2M | ||
| Q3 25 | $571.4M | $379.7M | ||
| Q2 25 | $547.5M | $447.6M | ||
| Q1 25 | $540.5M | $197.0M | ||
| Q4 24 | $590.1M | $239.9M | ||
| Q3 24 | $613.6M | $253.9M | ||
| Q2 24 | $593.4M | $181.1M |
净利润ARLPGPOR
| Q1 26 | $10.7M | — | ||
| Q4 25 | $82.7M | $132.4M | ||
| Q3 25 | $95.1M | $111.4M | ||
| Q2 25 | $59.4M | $184.5M | ||
| Q1 25 | $74.0M | $-464.0K | ||
| Q4 24 | $16.3M | $-273.2M | ||
| Q3 24 | $86.3M | $-14.0M | ||
| Q2 24 | $100.2M | $-26.2M |
毛利率ARLPGPOR
| Q1 26 | — | — | ||
| Q4 25 | — | 76.6% | ||
| Q3 25 | — | 74.6% | ||
| Q2 25 | — | 80.7% | ||
| Q1 25 | — | 57.9% | ||
| Q4 24 | — | 63.2% | ||
| Q3 24 | — | 64.6% | ||
| Q2 24 | — | 52.2% |
营业利润率ARLPGPOR
| Q1 26 | 4.2% | — | ||
| Q4 25 | 18.2% | 44.9% | ||
| Q3 25 | 18.4% | 41.9% | ||
| Q2 25 | 16.2% | 56.0% | ||
| Q1 25 | 17.4% | 6.1% | ||
| Q4 24 | 2.6% | -131.3% | ||
| Q3 24 | 16.5% | 5.7% | ||
| Q2 24 | 19.8% | -10.0% |
净利率ARLPGPOR
| Q1 26 | 2.1% | — | ||
| Q4 25 | 15.4% | 33.3% | ||
| Q3 25 | 16.6% | 29.3% | ||
| Q2 25 | 10.9% | 41.2% | ||
| Q1 25 | 13.7% | -0.2% | ||
| Q4 24 | 2.8% | -113.9% | ||
| Q3 24 | 14.1% | -5.5% | ||
| Q2 24 | 16.9% | -14.5% |
每股收益（稀释后）ARLPGPOR
| Q1 26 | — | — | ||
| Q4 25 | — | $7.98 | ||
| Q3 25 | — | $4.45 | ||
| Q2 25 | — | $9.12 | ||
| Q1 25 | — | $-0.07 | ||
| Q4 24 | — | $-14.72 | ||
| Q3 24 | — | $-0.83 | ||
| Q2 24 | — | $-1.51 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $28.9M | $1.8M |
| 总债务越低越好 | — | $788.2M |
| 股东权益账面价值 | — | $1.8B |
| 总资产 | $2.9B | $3.0B |
| 负债/权益比越低杠杆越低 | — | 0.43× |
8季度趋势，按日历期对齐
现金及短期投资ARLPGPOR
| Q1 26 | $28.9M | — | ||
| Q4 25 | $71.2M | $1.8M | ||
| Q3 25 | $94.5M | $3.4M | ||
| Q2 25 | $55.0M | $3.8M | ||
| Q1 25 | $81.3M | $5.3M | ||
| Q4 24 | $137.0M | $1.5M | ||
| Q3 24 | $195.4M | $3.2M | ||
| Q2 24 | $203.7M | $1.2M |
总债务ARLPGPOR
| Q1 26 | — | — | ||
| Q4 25 | — | $788.2M | ||
| Q3 25 | — | $691.7M | ||
| Q2 25 | — | $695.2M | ||
| Q1 25 | — | $700.4M | ||
| Q4 24 | — | $702.9M | ||
| Q3 24 | — | $694.4M | ||
| Q2 24 | — | $679.5M |
股东权益ARLPGPOR
| Q1 26 | — | — | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.8B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | — | $2.1B |
总资产ARLPGPOR
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $3.0B | ||
| Q3 25 | $2.9B | $2.9B | ||
| Q2 25 | $2.9B | $3.0B | ||
| Q1 25 | $2.9B | $2.9B | ||
| Q4 24 | $2.9B | $2.9B | ||
| Q3 24 | $3.0B | $3.2B | ||
| Q2 24 | $3.1B | $3.2B |
负债/权益比ARLPGPOR
| Q1 26 | — | — | ||
| Q4 25 | — | 0.43× | ||
| Q3 25 | — | 0.38× | ||
| Q2 25 | — | 0.39× | ||
| Q1 25 | — | 0.42× | ||
| Q4 24 | — | 0.41× | ||
| Q3 24 | — | 0.34× | ||
| Q2 24 | — | 0.32× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $185.4M |
| 自由现金流经营现金流 - 资本支出 | $13.3M | — |
| 自由现金流率自由现金流/营收 | 2.6% | — |
| 资本支出强度资本支出/营收 | 18.5% | — |
| 现金转化率经营现金流/净利润 | — | 1.40× |
| 过去12个月自由现金流最近4个季度 | $342.2M | — |
8季度趋势，按日历期对齐
经营现金流ARLPGPOR
| Q1 26 | — | — | ||
| Q4 25 | $143.9M | $185.4M | ||
| Q3 25 | $209.9M | $209.1M | ||
| Q2 25 | $151.7M | $231.4M | ||
| Q1 25 | $145.7M | $177.3M | ||
| Q4 24 | $168.4M | $148.8M | ||
| Q3 24 | $209.3M | $189.7M | ||
| Q2 24 | $215.8M | $123.5M |
自由现金流ARLPGPOR
| Q1 26 | $13.3M | — | ||
| Q4 25 | $99.1M | — | ||
| Q3 25 | $145.2M | — | ||
| Q2 25 | $84.7M | — | ||
| Q1 25 | $58.9M | — | ||
| Q4 24 | $75.3M | — | ||
| Q3 24 | $99.0M | — | ||
| Q2 24 | $114.3M | — |
自由现金流率ARLPGPOR
| Q1 26 | 2.6% | — | ||
| Q4 25 | 18.5% | — | ||
| Q3 25 | 25.4% | — | ||
| Q2 25 | 15.5% | — | ||
| Q1 25 | 10.9% | — | ||
| Q4 24 | 12.8% | — | ||
| Q3 24 | 16.1% | — | ||
| Q2 24 | 19.3% | — |
资本支出强度ARLPGPOR
| Q1 26 | 18.5% | — | ||
| Q4 25 | 8.4% | — | ||
| Q3 25 | 11.3% | — | ||
| Q2 25 | 12.2% | — | ||
| Q1 25 | 16.1% | — | ||
| Q4 24 | 15.8% | — | ||
| Q3 24 | 18.0% | — | ||
| Q2 24 | 17.1% | — |
现金转化率ARLPGPOR
| Q1 26 | — | — | ||
| Q4 25 | 1.74× | 1.40× | ||
| Q3 25 | 2.21× | 1.88× | ||
| Q2 25 | 2.55× | 1.25× | ||
| Q1 25 | 1.97× | — | ||
| Q4 24 | 10.31× | — | ||
| Q3 24 | 2.43× | — | ||
| Q2 24 | 2.15× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ARLP
| Coal sales | $443.3M | 86% |
| Oil & gas royalties | $41.3M | 8% |
| Other revenues | $22.8M | 4% |
| Transportation revenues | $8.6M | 2% |
| Tons Produced | $8.0M | 2% |
| Mineral Interest Volumes (BOE) | $1.0M | 0% |
GPOR
| Natural Gas Production | $296.9M | 75% |
| Other | $42.7M | 11% |
| Naturalgasliquidsales | $35.2M | 9% |
| Oil And Condensate | $23.4M | 6% |
