Natural Resource Partners (NYSE:NRP) Posts Quarterly 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%.

Natural Resource Partners Stock Up 5.9 %

Shares of Natural Resource Partners stock traded up $5.86 during trading hours on Friday, reaching $104.86. The company’s stock had a trading volume of 23,632 shares, compared to its average volume of 27,546. The company has a market capitalization of $1.36 billion, a P/E ratio of 8.40 and a beta of 0.56. The stock’s fifty day simple moving average is $105.27 and its two-hundred day simple moving average is $100.39. 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.

Natural Resource Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 25th. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.75 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $3.00 dividend on an annualized basis and a yield of 2.86%. Natural Resource Partners’s dividend payout ratio (DPR) is presently 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.