Natural Resource Partners LP (NRP) had declared a cash dividend of $0.4500 on Jan 27, 2017. The shares will quote ex-dividend on Feb 3, 2017 and the record date has been fixed for Feb 7, 2017. Based on Feb 3, 2017 share price, the yield comes out to be 4.74%. The dividend payable date has been fixed on Feb 14, 2017.
Natural Resource Partners LP (NRP) shares turned negative on Tuesdays trading session with the shares closing down -0.05 points or -0.14% at a volume of 29,699. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $35.3. The peak price level was also seen at $35.3 while the days lowest was $34.3. Finally the shares closed at $35.05. The 52-week high of the shares is $40 while the 52-week low is $6.89. According to the latest information available, the market cap of the company is $429 M.
Natural Resource Partners LP(NRP) last announced its earnings results on Nov 7, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $97.87M. Analysts had an estimated revenue of $83.14M. Earnings per share were $1.26. The reported EPS was above estimates by $0.26 or 26.00%. Analysts had estimated an EPS of $1.00.
Several Insider Transactions has been reported to the SEC. On Dec 18, 2015, David M Hartz (VP, Oil and Gas) purchased 228 shares at $10.90 per share price.Also, On May 13, 2015, Richard A Navarre (director) purchased 10,000 shares at $4.98 per share price.
Natural Resource Partners L.P.is a limited partnership company. The Company is engaged principally in the business of owning managing and leasing a portfolio of mineral properties in the United States including interests in coal trona and soda ash crude oil and natural gas construction aggregates frac sand and other natural resources. The companys coal reserves are located in the three United States coal-producing regions: Appalachia the Illinois Basin and the Western United States as well as lignite reserves in the Gulf Coast region. The company leases its reserves to mine operators under long-term leases that grant the operators the right to mine and sell its reserves in exchange for royalty payments. It also owns and manages infrastructure assets that generate revenues primarily in the Illinois Basin.