Natural Resource Partners (NYSE:NRP) Issues Earnings Results

Natural Resource Partners (NYSE:NRP) announced its quarterly earnings data on Friday. The energy company reported $3.15 earnings per share for the quarter, Zacks reports. Natural Resource Partners had a net margin of 68.22% and a return on equity of 39.69%. The company had revenue of $65.73 million during the quarter.

Natural Resource Partners Trading Up 6.5 %

NYSE:NRP opened at $105.47 on Friday. Natural Resource Partners has a one year low of $81.74 and a one year high of $113.04. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.33 and a current ratio of 2.33. The firm has a market cap of $1.37 billion, a P/E ratio of 8.49 and a beta of 0.56. The firm has a 50-day simple moving average of $105.29 and a 200-day simple moving average of $100.56.

Natural Resource Partners Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, March 18th. Stockholders of record on Tuesday, March 11th will be issued a $1.21 dividend. The ex-dividend date is Tuesday, March 11th. This is a positive change from Natural Resource Partners’s previous dividend of $0.35. Natural Resource Partners’s payout ratio is currently 24.14%.

About Natural Resource Partners

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.