Atlas Resource Partners, L.P. (NYSE:ARP) declared a quarterly dividend on Thursday, January 24th. Investors of record on Wednesday, February 6th will be given a dividend of $0.48 per share on Thursday, February 14th. This represents a $1.92 dividend on an annualized basis and a yield of 8.42%.

Several analysts have also recently commented on the stock. Analysts at MLV Capital initiated coverage on shares of Atlas Resource Partners, L.P. in a research note to investors on Tuesday. They set a “buy” rating and a $26.00 price target on the stock. On a related note, analysts at Stephens initiated coverage on shares of Atlas Resource Partners, L.P. in a research note to investors on Friday, December 21st. They set an “overweight” rating and a $29.00 price target on the stock. Finally, analysts at Robert W. Baird initiated coverage on shares of Atlas Resource Partners, L.P. in a research note to investors on Tuesday, December 18th. They set an “outperform” rating and a $29.00 price target on the stock.

Shares of Atlas Resource Partners, L.P. (ARP) traded down 0.53% during mid-day trading on Thursday, hitting $22.68. Atlas Resource Partners, L.P. (ARP) has a 52 week low of $20.00 and a 52 week high of $31.97. The stock’s 50-day moving average is currently $22.35. The company’s market cap is $905.2 million.

Atlas Resource Partners, L.P. (Atlas Resource Partners) is a limited partnership and independent developer and producer of natural gas and oil, with operations in the Appalachian Basin, Illinois Basin and the Rocky Mountain region.

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