Joseph W. Craft III
Net Worth

Last updated:

What is Joseph W. Craft III net worth?

The estimated net worth of Mr. Joseph W. Craft III is at least $448,790,224 as of 17 Mar 2023. He owns shares worth $435,602,085 as insider, has earned $13,188,118 from insider trading and has received compensation worth at least $21 in Alliance Resource Partners, L.P..

What is the salary of Joseph W. Craft III?

Mr. Joseph W. Craft III salary is $1 per year as Chairman, Pres & Chief Executive Officer of Alliance Resource Management GP, LLC in Alliance Resource Partners, L.P..

How old is Joseph W. Craft III?

Mr. Joseph W. Craft III is 74 years old, born in 1951.

What stocks does Joseph W. Craft III currently own?

As insider, Mr. Joseph W. Craft III owns shares in one company:

Company Title Shares Price per share Total value
Alliance Resource Partners, L.P. (ARLP) Chairman, Pres & Chief Executive Officer of Alliance Resource Management GP, LLC 18,631,398 $23.38 $435,602,085

What does Alliance Resource Partners, L.P. do?

Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties. It produces a range of thermal and metallurgical coal with sulfur and heat contents. The company operates seven underground mining complexes in Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. In addition, it leases land and operates a coal loading terminal on the Ohio River at Mt. Vernon, Indiana; and buys and resells coal, as well as owns mineral and royalty interests in approximately 1.5 million gross acres of oil and gas producing regions primarily in the Permian, Anadarko, and Williston Basins. Further, the company offers various mining technology products and services, including data network, communication and tracking systems, mining proximity detection systems, industrial collision avoidance systems, and data and analytics software. As of December 31, 2021, it had approximately 547.1 million tons of proven and probable coal mineral reserves, as well as 1.17 billion tons of measured, indicated, and inferred coal mineral resources in Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. The company was founded in 1971 and is headquartered in Tulsa, Oklahoma.

ARLP logo
ARLP
Alliance Resource Partners, L.P.
$23.38

Joseph W. Craft III insider trading

Alliance Resource Partners, L.P.

Mr. Joseph W. Craft III has made only one insider trade between 2004-2023, according to the Form 4 filled with the SEC. He purchased 48,741 units of ARLP stock worth $889,523 on 17 Mar 2023.

As of 17 Mar 2023 he still owns at least 18,631,398 units of ARLP stock.

Transaction Date Security Shares Price per share Total value Source
Purchase
Common Unit 48,741 $18.25 $889,523
Purchase
Common Unit 100,000 $18.6 $1,860,000
Option
Common Unit 78,555 N/A N/A
Option
Restricted unit 78,555 N/A N/A
Sale
Common Unit 357,450 $36.9 $13,188,118
Option
Restricted Unit 30,000 N/A N/A
Option
Common Unit 30,000 N/A N/A
Option
Common Unit 56,000 N/A N/A
Option
Restricted Unit 56,000 N/A N/A
Option
Common Unit 90,000 N/A N/A
Option
Restricted unit 90,000 N/A N/A
Option
Restricted unit 140,000 N/A N/A
Option
Common unit 140,000 N/A N/A

Alliance Resource Partners, L.P. key executives

Alliance Resource Partners, L.P. executives and other stock owners filed with the SEC:

  • Mr. Brian L. Cantrell (65) Senior Vice President & Chief Financial Officer of Alliance Resource Management GP, LLC
  • Mr. Joseph W. Craft III (74) Chairman, Pres & Chief Executive Officer of Alliance Resource Management GP, LLC
  • Mr. Kirk D. Tholen (52) Senior Vice President & Chief Strategic Officer of Alliance Resource Management GP, LLC
  • Mr. R. Eberley Davis (67) Senior Vice President, Gen. Counsel & Sec. of Alliance Resource Management GP, LLC
  • Mr. Thomas M. Wynne (68) Senior Vice President & Chief Operating Officer of Alliance Resource Management GP, LLC