Natural Resource Partners (NYSE:NRP - Get Free Report) posted 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%.
Natural Resource Partners Stock Performance
Natural Resource Partners stock traded down $2.32 during mid-day trading on Tuesday, reaching $99.68. 6,562 shares of the stock traded hands, compared to its average volume of 27,760. Natural Resource Partners has a 12-month low of $81.74 and a 12-month high of $113.04. The stock has a market capitalization of $1.29 billion, a PE ratio of 8.08 and a beta of 0.34. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.33 and a quick ratio of 2.33. The business's 50-day moving average is $101.69 and its 200-day moving average is $103.58.
Natural Resource Partners Increases Dividend
The business also recently declared a dividend, which was paid on Tuesday, March 18th. Stockholders of record on Tuesday, March 11th were paid a $1.21 dividend. The ex-dividend date of this dividend was 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 26.62%.
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.
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