|Bid||34.00 x 800|
|Ask||0.00 x 1100|
|Day's Range||37.81 - 39.00|
|52 Week Range||24.06 - 39.00|
|Beta (3Y Monthly)||1.31|
|PE Ratio (TTM)||7.30|
|Earnings Date||Feb 27, 2019 - Mar 4, 2019|
|Forward Dividend & Yield||1.80 (4.78%)|
|1y Target Est||38.00|
Natural Resource Partners' (NRP) decision to monetize construction aggregates business segment is likely to lower the firm's debt-level and improve its liquidity position.
Natural Resource Partners L.P. (NRP) today announced that it has completed the previously announced sale of its construction aggregates business segment, VantaCore Partners LLC, to an affiliate of Sun Capital Partners, Inc. for $205 million before transaction expenses and customary purchase price adjustments. Natural Resource Partners L.P., a master limited partnership headquartered in Houston, TX, is a diversified natural resource company that owns interests in coal, aggregates, and industrial minerals across the United States, including an equity investment in Ciner Wyoming, a trona/soda ash operation.
NEW YORK, Nov. 28, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Moody's Investors Service ("Moody's") said that Natural Resource Partners L.P.'s ("NRP") plan to sell its construction aggregates business and accelerate deleveraging is credit positive, but will not immediately impact the company's ratings or outlook. Natural Resource Partners is a limited partnership formed in April 2002 and is headquartered in Houston, Texas. NRP engages principally in the business of owning, managing and leasing a diversified portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, construction aggregates (part of the pending transaction), frac sand and other natural resources.
Natural Resource Partners (NRP) saw a big move last session, as its shares jumped nearly 9% on the day, amid huge volumes.
Houston-based master limited partnership Natural Resource Partners LP (NYSE: NRP) will sell its construction aggregates business segment, VantaCore Partners LLC, to an affiliate of Florida-based Sun Capital Partners Inc. The deal is expected to close before the end of the year, according to a Nov. 19 press release. The MLP now owns interests in coal, aggregates, and industrial minerals, and a large percentage of its revenue comes from royalties and other passive income, per the Nov. 19 release. “The sale of our construction aggregates business segment will enable NRP to substantially accelerate the de-levering and de-risking of our capital structure and represents an exit from this business,” Craig Nunez, president and COO of Natural Resource Partners, said in the Nov. 19 release.
Natural Resource Partners L.P. (NRP) today announced that NRP has signed a definitive agreement to sell its construction aggregates business segment, VantaCore Partners LLC, to an affiliate of Sun Capital Partners, Inc. for $205 million before transaction expenses and customary purchase price adjustments. “The sale of our construction aggregates business segment will enable NRP to substantially accelerate the de-levering and de-risking of our capital structure and represents an exit from this business,” said Craig Nunez, President and Chief Operating Officer of NRP. Credit Suisse Securities (USA) LLC is acting as financial advisor to NRP.
Natural Resource's (NRP) Q3 revenues grow year over year. This upside is driven by strong metallurgical and thermal coal export demand coupled with stable domestic coal prices.
Natural Resource Partners L.P. announced today that it will reschedule its third quarter 2018 earnings release and conference call date due to scheduling conflicts. The third quarter financial results will be released before the market opens on Friday, November 9, 2018.
CONSOL Energy's (CEIX) Q3 discourages with earnings and revenue miss. Soft freight revenues with a year-over-year slump of nearly 88.8% induced this downtrend.
Natural Resource Partners L.P. and Foresight Energy LP today announced the settlement of the litigations regarding Foresight Energy’s Hillsboro Energy Deer Run mine and Foresight Energy’s Macoupin Energy Shay mine.
Natural Resource Partners L.P. plans to report its third quarter financial results before the market opens on Wednesday, November 7, 2018. Management will host a conference call beginning at 10:00 a.m.
Natural Resource Partners L.P. today announced that the Board of Directors of its general partner declared a third quarter 2018 distribution of $0.45 per common unit for NRP. The distribution will be paid on November 14, 2018 to unitholders of record on November 7, 2018.
NEW YORK, Oct. 16, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
North Hudson Resource Partners is financing the expansion of two companies that were previously backed by New York City hedge fund Och-Ziff Capital Management.
Natural Resource (NRP) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
This article is intended for those of you who are at the beginning of your investing journey and want to learn about Return on Equity using a real-life example. NaturalRead More...
The coal industry suffered a great deal when the last U.S. administration introduced stringent emission regulations, including the Clean Power Plan. The national pollution plan, first to call for a limit on coal plant emission, targeted reduction of 32% by 2030 from 2005 levels. Meanwhile, the new U.S. administration is set to replace the old Clean Power Plan with The Environmental Protection Agency’s (EPA) Affordable Clean Energy (ACE) rule.