Natural Resource Partners (NYSE:NRP) Announces Earnings Results

Natural Resource Partners (NYSE:NRP - Get Free Report) issued its quarterly earnings data on Tuesday. The energy company reported $2.97 EPS for the quarter, Zacks reports. Natural Resource Partners had a net margin of 68.22% and a return on equity of 39.69%. The firm had revenue of $60.54 million for the quarter.

Natural Resource Partners Stock Performance

NRP traded down $2.25 during trading on Friday, reaching $95.75. 21,615 shares of the company were exchanged, compared to its average volume of 27,518. Natural Resource Partners has a 52 week low of $81.74 and a 52 week high of $113.04. The stock has a market cap of $1.24 billion, a P/E ratio of 7.70 and a beta of 0.34. The company has a current ratio of 2.33, a quick ratio of 2.33 and a debt-to-equity ratio of 0.35. The firm has a 50 day moving average of $101.53 and a 200 day moving average of $103.63.

Natural Resource Partners Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Tuesday, May 20th will be issued a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 3.13%. The ex-dividend date is Tuesday, May 20th. Natural Resource Partners's dividend payout ratio (DPR) is presently 28.82%.

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.