Natural Resource Partners (NRP) to Release Earnings on Tuesday

Posted by Alphonse Anthony on May 6th, 2024

Natural Resource Partners (NYSE:NRP – Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, May 7th. Parties interested in listening to the company’s conference call can do so using this link.

Natural Resource Partners (NYSE:NRP – Get Free Report) last issued its earnings results on Thursday, March 7th. The energy company reported $4.31 earnings per share (EPS) for the quarter. Natural Resource Partners had a net margin of 59.68% and a return on equity of 44.05%. The company had revenue of $93.16 million during the quarter.

Natural Resource Partners Trading Up 0.6 %

NYSE NRP opened at $90.51 on Monday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.23. Natural Resource Partners has a 1-year low of $44.68 and a 1-year high of $102.00. The firm’s fifty day simple moving average is $90.34 and its 200-day simple moving average is $86.43. The company has a market capitalization of $1.17 billion, a PE ratio of 6.88 and a beta of 0.47.

Natural Resource Partners Increases Dividend

The company also recently announced a None dividend, which was paid on Tuesday, March 26th. Shareholders of record on Tuesday, March 19th were given a $2.44 dividend. This is a positive change from Natural Resource Partners’s previous None dividend of $2.43. The ex-dividend date of this dividend was Monday, March 18th. Natural Resource Partners’s dividend payout ratio is presently 22.81%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Natural Resource Partners from a “buy” rating to a “strong-buy” rating in a report on Friday, March 8th.

Get Our Latest Stock Analysis on NRP

Natural Resource Partners Company Profile

(Get Free Report)

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.