Flash forward to now, this largely remains the case with OPRA stock. After dipping lower temporarily, shares have been bouncing back more recently. While not certain, investors may be taking heed of a recent buy recommendation from Seeking Alpha contributor JR Research. We’ll start in the energy sector, where Alliance Resource Partners is an important name in the US coal industry. Even though the US energy sector has shifted toward natural gas for power generation and has been expanding renewable energy sources in recent years, coal remains a vital fuel source. Alliance is the second-largest coal producer in the eastern US and generates income from the combination of its coal production and its royalty assets in mineral interests across a range of US coal, oil, and gas production regions. ARLP stock forecast for June 2024 suggests potential testing of $26 resistance, with technical setups indicating low risk of sharp pullbacks if fuel prices remain elevated.
