Natural Resource Partners (NYSE:NRP) Announces Earnings Results

Natural Resource Partners (NYSE:NRP) issued its quarterly earnings data on Friday. The energy company reported $3.15 earnings per share (EPS) for the quarter, Zacks reports. Natural Resource Partners had a return on equity of 39.69% and a net margin of 68.22%.

Natural Resource Partners Price Performance

NRP traded up $4.75 during midday trading on Friday, hitting $103.75. The company had a trading volume of 23,586 shares, compared to its average volume of 27,528. Natural Resource Partners has a twelve month low of $81.74 and a twelve month high of $113.04. The firm’s 50-day simple moving average is $105.27 and its 200-day simple moving average is $100.39. The company has a market capitalization of $1.34 billion, a PE ratio of 8.35 and a beta of 0.56. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.33 and a current ratio of 2.33.

Natural Resource Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 25th. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date was Tuesday, February 18th. Natural Resource Partners’s dividend payout ratio is currently 24.14%.

Natural Resource Partners Company Profile

Natural Resource Partners L.P., together with its subsidiaries, owns, manages, and leases a portfolio of mineral properties in the United States. It operates in two segments, Mineral Rights and Soda Ash. The company owns interests in coal, soda ash, trona, and other natural resources. Its coal reserves are primarily located in the Appalachia Basin, the Illinois Basin, and the Northern Powder River Basin in the United States; industrial minerals and aggregates properties located in the United States; and oil and gas properties located in Louisiana.