Welcome to our dedicated page for Natural Resource Partners L.P. news (Ticker: NRP), a resource for investors and traders seeking the latest updates and insights on Natural Resource Partners L.P. stock.
Natural Resource Partners LP (NRP) maintains a diversified portfolio of mineral rights across coal, soda ash, and construction aggregates. This news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and strategic initiatives within the natural resources sector.
Access comprehensive coverage of NRP's press releases including quarterly results, partnership announcements, and operational updates. Our curated collection offers transparent insights into royalty income streams, mineral lease agreements, and market positioning within this specialized industry.
Key areas of focus include earnings reports, asset acquisitions, environmental initiatives, and regulatory developments. The resource serves as an objective reference for tracking NRP's performance across its core segments: Mineral Rights operations and Soda Ash production facilities.
Bookmark this page for direct access to verified NRP announcements and analysis. Check regularly for updates on long-term lease agreements, commodity market trends, and the company's role in sustainable resource management.
Natural Resource Partners L.P. (NYSE:NRP) reported strong third quarter 2022 results, achieving record free cash flow of $83 million, totaling $199 million year-to-date. The company closed a new $130 million revolving credit facility and fully repaid its 9.125% Senior Notes. With a pro-forma leverage ratio dropping to 0.6x, NRP's financial health appears robust. The Mineral Rights segment showed significant net income growth, primarily due to strong metallurgical coal demand. A cash distribution of $0.75 per common unit was also announced, reinforcing NRP's commitment to unitholder value.
Natural Resource Partners L.P. (NYSE: NRP) announced an agreement with Occidental’s Low Carbon Ventures (OXY) to evaluate a carbon dioxide (CO2) sequestration hub in southeast Texas. This partnership will utilize approximately 65,000 acres of pore space controlled by NRP, with a total estimated storage capacity of 500 million metric tons of CO2. NRP currently manages about 140,000 acres for CO2 sequestration, aiming to develop its carbon-neutral portfolio. This move is part of broader strategies to support decarbonization.
Natural Resource Partners L.P. (NYSE: NRP) will release its third quarter financial results on
Natural Resource Partners L.P. (NYSE: NRP) announced its intention to redeem all outstanding 9.125% Senior Notes due 2025, with a redemption date of
Natural Resource Partners L.P. (NYSE: NRP) announced the availability of its 2021 Schedule K-3, which contains items relevant to international tax. Unitholders needing this information can access it at www.taxpackagesupport.com/naturalresource. This schedule is crucial for foreign unitholders and those calculating foreign tax credits. For electronic copies, unitholders can call Tax Package Support at 888-334-7102. NRP is based in Houston, TX, and manages a diversified portfolio in the natural resources sector.
Natural Resource Partners L.P. (NYSE: NRP) announced the successful amendment and five-year extension of its revolving credit facility, securing lender commitments of
Natural Resource Partners L.P. (NYSE:NRP) announced strong second quarter 2022 results, reporting $64 million in free cash flow and a record $116 million for the first half. Net income reached $66.8 million, while the company reduced its leverage ratio to 1.2x from 4.6x a year earlier. The board declared a cash distribution of $0.75 per common unit, up 67% from last year. The performance was bolstered by increased demand and pricing for metallurgical and thermal coal despite global supply chain challenges. NRP is pursuing additional revenue opportunities, including CO2 sequestration projects.
Natural Resource Partners L.P. (NYSE:NRP) will announce its second quarter 2022 financial results on August 4, 2022, before market open. A conference call is scheduled for 9:00 a.m. ET to discuss these results. Interested parties can register for the call at conferencingportals.com or listen live via the NRP Investor Relations website at nrplp.com. Audio replays will also be available post-call.
Natural Resource Partners L.P. (NYSE: NRP) has announced the retirement of $98 million of its 9.125% Senior Notes due 2025, purchased at a weighted average price of 102.23%. This action will result in approximately $9 million in annual interest savings. Following this transaction, $202 million of these notes remain outstanding, with a pro-forma leverage ratio of 1.6x as of March 31, 2022. President Craig Nunez highlighted the company’s strong cash flow and liquidity as key factors for this strategic debt reduction.
Natural Resource Partners L.P. (NYSE:NRP) reported strong financial results for Q1 2022, with operating cash flow of $52 million and free cash flow increasing by 120%. The company is raising its common unit distribution from $0.45 to $0.75, effective May 24, 2022. Key drivers included high demand for metallurgical coal and soda ash, supported by favorable pricing. Notably, NRP signed a subsurface CO2 sequestration agreement, potentially enhancing future revenue streams. The partnership maintains solid liquidity, with $235.6 million available and a positive outlook for its business segments.
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