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Natural Resource Partners' Q4 earnings fall as coal and soda ash prices decline. Strong cash flow and debt reduction efforts aid long-term financial stability.
HOUSTON--(BUSINESS WIRE)--Natural Resource Partners L.P. (NYSE: NRP) announced today that the 2024 tax packages for unitholders, including the individual K-1 tax information, are available on its website www.taxpackagesupport.com/naturalresource. The K-1 tax information will also be mailed commencing Monday, March 10, 2025. For additional K-1 tax information and unitholder support, unitholders may call toll free (888) 334-7102. Company Profile Natural Resource Partners L.P., a master limited pa.
HOUSTON--(BUSINESS WIRE)--Natural Resource Partners L.P. (NYSE: NRP) announced today that it has filed the partnership's Annual Report Form 10-K for the period ended December 31, 2024 with the Securities and Exchange Commission. The report is available on NRP's website at www.nrplp.com, and hard copies of the report may be requested free of charge at info@nrplp.com or by contacting the partnership at 1415 Louisiana Street, Suite 3325, Houston, TX 77002. Company Profile Natural Resource Partners.
Natural Resource Partners L.P. Common Units (NYSE:NRP ) Q4 2024 Earnings Conference Call February 28, 2025 9:00 AM ET Company Participants Tiffany Sammis - Investor Relations Craig Nunez - President & Chief Operating Officer Chris Zolas - Chief Financial Officer Conference Call Participants Operator Thank you for standing by.
HOUSTON--(BUSINESS WIRE)--Natural Resource Partners L.P. (NYSE:NRP) today reported fourth quarter and full year 2024 results as follows: For the Three Months Ended For the Year Ended (In thousands) (Unaudited) December 31, 2024 Net income $ 42,772 $ 183,644 Operating cash flow $ 66,220 $ 248,493 Free cash flow (1) $ 66,906 $ 251,158 ____________ (1) See "Non-GAAP Financial Measures" and reconciliation tables at the end of this release. Highlights: Generated.
HOUSTON--(BUSINESS WIRE)--Natural Resource Partners L.P. (NYSE: NRP) plans to report its fourth quarter and full year 2024 financial results before the market opens on Friday, February 28, 2025. Management will host a conference call beginning at 9:00 a.m. ET to discuss the results. To register for the conference call please use this link https://registrations.events/direct/Q4I154485601. After registering, a confirmation will be sent via email and include dial-in details and unique conference c.
HOUSTON--(BUSINESS WIRE)--Natural Resource Partners L.P. (NYSE: NRP) today announced that the board of directors of its general partner declared a fourth quarter 2024 distribution of $0.75 per common unit for NRP. The distribution will be paid on February 25, 2025 to unitholders of record on February 18, 2025. Future distributions on NRP's common units will be determined on a quarterly basis by the board of directors. The board of directors considers numerous factors each quarter in determining.
Natural Resource Partners' stock has outperformed major indices, with a 110% gain since my initial recommendation, driven by its de-risked business structure and strong cash flows. The company's profitability is rising, with NOPAT growing from $194 million to $212 million, and ROIC more than doubling to nearly 16%. Dividends are well supported by free cash flow, with $1.42 billion generated since 2019, allowing for substantial and safe dividend growth.
NRP owns mineral rights to 13 million acres in the Appalachia Basin and Wyoming, collecting royalties from coal lessees. The royalties business model is advantageous due to its low operational costs and high free cash flow potential. Despite coal's decline, NRP's near-term stability and efficient business model make it a noteworthy investment consideration as Met coal has a very different outlook compared to perception.
Declining coal and soda ash prices hurt Natural Resource Partners' (NRP) earnings in Q2.