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 L.P. reports news around its role as a master limited partnership that owns, manages and leases U.S. natural resource properties. Recurring updates cover results from mineral rights, industrial minerals and other natural resource assets, along with its equity investment in Sisecam Wyoming LLC, a soda ash producer.
NRP news also includes common-unit cash distributions, special distributions tied to unitholder tax liabilities, Schedule K-1 and K-3 tax-package availability, annual-report notices and earnings-call scheduling. Company updates may also address rights and opportunities related to carbon sequestration and renewable energy activities across its mineral and surface footprint.
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.