Natural Resource Partners L.P. Stock Price, News & Analysis

Natural Resource Partners L.P. (NYSE:NRP) reported its first quarter 2021 financial results, detailing a net income of $8,381,000 compared to a net loss of $95,217,000 in the same period last year. The company faced asset impairments totaling $4,043,000, while the adjusted EBITDA stood at $29,436,000. The net income excluding asset impairments was $12,424,000. These figures indicate a significant recovery from the previous year's performance, showcasing improved operational results.

Natural Resource Partners L.P. (NYSE: NRP) will report its first quarter 2021 financial results on May 6, 2021, before market open. A conference call will be held at 9:00 a.m. ET for discussion with investors. Registration for the call can be done through a provided link. Audio replays will also be available afterward on the company's Investor Relations section. NRP operates a diversified portfolio of mineral properties in the U.S., focusing on coal and industrial minerals, and has an equity stake in Ciner Wyoming.

Natural Resource Partners L.P. (NYSE: NRP) has announced the availability of its 2020 tax packages for unitholders, including K-1 tax information, accessible on its website. The company will begin mailing the K-1 tax information today, March 15, 2021. Unitholders seeking additional support can call a dedicated toll-free number for assistance.

Natural Resource Partners is a master limited partnership that manages a diverse portfolio of mineral properties in the U.S., including interests in coal and industrial minerals, along with an equity investment in Ciner Wyoming.

Natural Resource Partners L.P. (NYSE: NRP) has filed its Annual Report Form 10-K for the year ending December 31, 2020, with the SEC. The report can be accessed on NRP’s website and can be requested in hard copy via email or contact. This master limited partnership is based in Houston, TX, operating a diversified portfolio of mineral properties in the U.S., including coal and industrial minerals, alongside an equity interest in Ciner Wyoming's trona/soda ash venture.

Natural Resource Partners L.P. (NYSE:NRP) reported challenging financial results for Q4 and FY 2020. Net income from continuing operations was $14.7 million for Q4, up from a loss of $119.4 million in 2019, but down to a loss of $84.8 million for the year. Adjusted EBITDA declined from $199.2 million in 2019 to $104.7 million in 2020. Despite a $46 million debt reduction, coal royalties and soda ash revenues dropped significantly due to decreased demand exacerbated by the COVID-19 pandemic. The company maintained liquidity of $200 million and declared a $0.45 distribution per common unit in Q4.

Natural Resource Partners L.P. (NYSE: NRP) is set to report its fourth quarter and full-year 2020 financial results on March 15, 2021, before the market opens. A conference call will be held at 9:00 a.m. ET for management to discuss the results. Investors can register for the call via a provided link, which is open for registration until the live call starts. The call will also be accessible through the Investor Relations section of NRP's website. NRP, based in Houston, TX, manages a diversified portfolio of mineral properties across the U.S.

Natural Resource Partners L.P. (NYSE: NRP) declared a fourth quarter distribution of $0.45 per common unit, payable on February 26, 2021. The record date is February 22, 2021. Additionally, the Board announced a $7.6 million distribution for its 12.0% Class A Convertible Preferred Units, to be paid in cash and additional preferred units. NRP operates a diversified portfolio of mineral properties in the U.S., including coal and industrial minerals. Foreign investors should note that distributions are subject to federal income tax withholding at the highest applicable rate.

Natural Resource Partners L.P. (NYSE:NRP) reported a net income from continuing operations of $7.2 million for Q3 2020, down from $39.2 million in Q3 2019, primarily due to asset impairments of $934,000. The company declared a Q3 cash distribution of $0.45 per common unit, payable on November 20, 2020. Despite a decline in revenues from coal and soda ash due to weak market conditions and COVID-19 impact, NRP reported a liquidity of $215.6 million. Free cash flow improved to $24.7 million, demonstrating financial resilience amid challenging market environments.

Natural Resource Partners L.P. (NYSE: NRP) will announce its third quarter 2020 financial results before market opening on November 5, 2020. A conference call for discussing these results will commence at 9:00 a.m. ET. Investors can register for the call through a provided link, receiving confirmation and dial-in details via email. Live audio of the call will also be available on the NRP website. The company, based in Houston, TX, operates a diversified portfolio of mineral properties, including coal and industrial minerals.