Natural Resource Partners Lp (NYSE: NRP) |
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Price: $107.4500
$-0.09
-0.084%
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Day's High:
| $109
| Week Perf:
| 0.42 %
|
Day's Low: |
$ 105.26 |
30 Day Perf: |
14.47 % |
Volume (M): |
27 |
52 Wk High: |
$ 113.04 |
Volume (M$): |
$ 2,878 |
52 Wk Avg: |
$93.17 |
Open: |
$107.55 |
52 Wk Low: |
$79.00 |
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Market Capitalization (Millions $) |
2,828 |
Shares
Outstanding (Millions) |
26 |
Employees |
55 |
Revenues (TTM) (Millions $) |
245 |
Net Income (TTM) (Millions $) |
206 |
Cash Flow (TTM) (Millions $) |
12 |
Capital Exp. (TTM) (Millions $) |
0 |
Natural Resource Partners Lp
We are a publicly traded Delaware limited partnership formed in 2002. We own,
operate, manage and lease a diversified portfolio of mineral properties in the
United States, including interests in coal, trona and soda ash, construction aggregates
and other natural resources. Our business is organized into three operating segments:
Coal Royalty and Other—consists primarily of coal royalty properties
and coal-related transportation and processing assets. Other assets include
aggregates royalty, industrial mineral royalty, oil and gas royalty and timber.
Our coal reserves are primarily located in Appalachia, the Illinois Basin and
the Western United States. Our aggregates and industrial minerals properties
are located in a number of states across the United States. Our oil and gas
royalty assets are primarily located in Louisiana.
Soda Ash—consists of our 49% non-controlling equity interest in a trona
ore mining operation and soda ash refinery in the Green River Basin, Wyoming.
We recognize our portion of equity earnings and receive regular quarterly distributions
from this business.
Construction Aggregates—consists of our construction materials business
that operates hard rock quarries, an underground limestone mine, sand and gravel
plants, asphalt plants and marine terminals. Our construction aggregates business
operates in Pennsylvania, West Virginia, Tennessee, Kentucky and Louisiana.
Our operations are conducted through Opco, and our operating assets are owned
by our subsidiaries. NRP (GP) LP, our general partner, has sole responsibility
for conducting our business and for managing our operations. Because our general
partner is a limited partnership, its general partner, GP Natural Resource Partners
LLC, conducts its business and operations, and the Board of Directors and officers
of GP Natural Resource Partners LLC make decisions on our behalf. Robertson
Coal Management LLC, a limited liability company wholly owned by Corbin J. Robertson,
Jr., owns all of the membership interest in GP Natural Resource Partners LLC.
Subject to the Board Representation and Observation Rights Agreement with certain
entities controlled by funds affiliated with The Blackstone Group, L.P. (collectively
referred to as "Blackstone") and affiliates of GoldenTree Asset Management
LP (collectively referred to as "GoldenTree"), Mr. Robertson, Jr.
is entitled to appoint the members of the Board of Directors of GP Natural Resource
Partners LLC. Mr. Robertson, Jr. has delegated the right to appoint one director
to Blackstone.
The senior executives and other officers who manage NRP are employees of Western
Pocahontas Properties Limited Partnership and Quintana Minerals Corporation,
companies controlled by Mr. Robertson, Jr., and they allocate varying percentages
of their time to managing our operations. Neither our general partner, GP Natural
Resource Partners LLC, nor any of their affiliates receive any management fee
or other compensation in connection with the management of our business, but
they are entitled to be reimbursed for all direct and indirect expenses incurred
on our behalf.
We have regional offices through which we conduct our operations, the largest
of which is located at 5260 Irwin Road, Huntington, West Virginia 25705 and
the telephone number is (304) 522-5757. Our principal executive office is located
at 1201 Louisiana Street, Suite 3400, Houston, Texas 77002 and our telephone
number is (713) 751-7507.
Company Address: 1415 Louisiana Street, Suite 3325 Houston 77002 TX
Company Phone Number: 751-7507 Stock Exchange / Ticker: NYSE NRP
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Customers Net Income fell by |
NRP's Customers Net Profit Margin fell to |
-1 % |
9.71 %
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Stock Performances by Major Competitors |
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Dividend
Published Wed, Aug 7 2024 12:01 PM UTC
In a landscape characterized by fluctuating commodity prices and evolving regulatory frameworks, Natural Resource Partners L.P. (NRP) has released its second-quarter 2024 financial results, demonstrating resilience and robust performance. The firm registered a net income of $46.1 million for the three months ended June 30, 2024, and an impressive operating cash flow of ...
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Business Update
Published Thu, Jun 6 2024 12:38 AM UTC
Natural Resource Partners L.P.: 2023 International Tax Relevance and a Year of Financial Contraction and Profitability Natural Resource Partners L.P. (NYSE: NRP) has recently made its 2023 Schedule K-3 available online. This document, vital for certain unitholders, reflects items of international tax relevance and can now be accessed at www.taxpackagesupport.com/naturalreso...
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Business Update
Published Wed, Jun 5 2024 10:38 PM UTC
NRP Releases 2023 Schedule K-3 Amidst Comparative Revenue Decline HOUSTON - Natural Resource Partners L.P. (NYSE: NRP) has announced the release of its 2023 Schedule K-3, now available online for unitholders. This document reflects items of international tax relevance and can be accessed at www.taxpackagesupport.com/naturalresource. It is particularly important for a limite...
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Natural Resource Partners Lp
/>Natural Resource Partners L.P., a leading master limited partnership headquartered in Houston, recently published their financial results for the first quarter of 2024. The company experienced a decrease in both revenue and bottom-line, indicating a challenging period compared to the previous year. Facts: 1. Revenue: Natural Resource Partners L.P.'s revenue declined by -11.668% year on year, amounting to $67.37 million in Q1 2024 compared to $76.27 million in the same period of 2023. 2. Bottom-line: The company's bottom-line also decreased by -6.14% to $4.13 per share in the financial period ending March 31, 2024, compared to $4.82 per share in the previous year. 3. Profits: Net profits in Q1 2024 fell significantly by -29.09% to $56.213 million, compared to $79.275 million in the corresponding period a year earlier. 4. Profitability Margins: Operating margin decreased by -27.31% to 88.61% in Q1 2024, and net margin shrank to 83.44%, reflecting a decline in profitability. 5. Operating Earnings: Operating earnings also fell by -27.31% to $59.7 million in Q1 2024, squeezing the operating margin from 107.68% in Q1 2023 to 88.61% in Q1 2024.
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Business Update
Published Mon, Mar 11 2024 10:55 AM UTC
Natural Resource Partners L.P., a leading master limited partnership headquartered in Houston, has recently announced significant positive developments for the company. The 2023 tax packages, including individual K-1 tax information, have been made available on their website and will be mailed out to unitholders. In addition to this, the company reported a remarkable revenue...
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Per Share |
Current |
Earnings (TTM) |
13.32 $ |
Revenues (TTM) |
9.32 $
|
Cash Flow (TTM) |
0.47 $ |
Cash |
1.17 $
|
Book Value |
-
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
13.32 $
|
Revenues (TTM) |
9.32 $ |
Cash Flow (TTM) |
0.47 $ |
Cash |
1.17 $
|
Book Value |
- |
Dividend (TTM) |
0 $ |
|
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Mineral Rights Segment |
|
103.59 % |
of total Revenue |
Coal Royalty Revenues Mineral Rights Segment |
|
74.61 % |
of total Revenue |
Production Lease Minimum Revenues Mineral Rights Segment |
|
0.87 % |
of total Revenue |
Minimum Lease Straight-line Revenues Mineral Rights Segment |
|
8.17 % |
of total Revenue |
Carbon Neutral Initiatives Mineral Rights Segment |
|
-0.08 % |
of total Revenue |
Property Tax Revenues Mineral Rights Segment |
|
3.59 % |
of total Revenue |
Wheelage Revenues Mineral Rights Segment |
|
4.11 % |
of total Revenue |
Coal Overriding Royalty Revenues Mineral Rights Segment |
|
0.45 % |
of total Revenue |
Lease Amendment Revenues Mineral Rights Segment |
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2.12 % |
of total Revenue |
Aggregates Royalty Revenues Mineral Rights Segment |
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1.31 % |
of total Revenue |
Oil and Gas Royalty Revenues Mineral Rights Segment |
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2.61 % |
of total Revenue |
Other Revenues Mineral Rights Segment |
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2.24 % |
of total Revenue |
Transportation and Processing Services Mineral Rights Segment |
|
2.48 % |
of total Revenue |
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