Sector: Energy | Industry: Coal |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1415 Louisiana St. Ste 3325 HOUSTON TX 77002 |
Tel: | 1-713-7517515 |
Website: | https://nrplp.com |
IR: | See website |
Key People | ||
Corbin J. Robertson Chairman of the Board, Chief Executive Officer | Craig W. Nunez President, Chief Operating Officer | Christopher J. Zolas Chief Financial Officer, Treasurer |
Kevin J. Craig Executive Vice President | Gregory F. Wooten Senior Vice President, Chief Engineer | Philip T. Warman General Counsel, Secretary |
Business Overview |
Natural Resource Partners L.P. is a diversified natural resource company. It owns, manages, and leases a diversified portfolio of properties in the United States including coal, industrial minerals and other natural resources, as well as rights to conduct carbon sequestration and renewable energy activities. Its Mineral Rights segment consists of about 13 million acres of mineral interests and other subsurface rights across the United States. Its ownership provides critical inputs for the manufacturing of steel, electricity, and basic building materials, as well as opportunities for carbon sequestration and renewable energy. Its Soda Ash segment consists of its 49% non-controlling equity interest in Sisecam Wyoming LLC (Sisecam Wyoming), a trona ore mining and soda ash production business located in the Green River Basin of Wyoming. Sisecam Wyoming mines trona and processes it into soda ash that is sold both domestically and internationally into the glass and chemicals industries. |
Financial Overview |
For the fiscal year ended 31 December 2023, Natural Resource Partners LP revenues decreased 5% to $367.1M. Net income applicable to common stockholders decreased 16% to $196.8M. Revenues reflect Mineral Rights segment decrease of 10% to $293.7M. Dividend per share remained flat at $3.00. Basic Earnings per Share excluding Extraordinary Items decreased from $18.72 to $15.59. |
Employees: | 55 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $1,388M as of Dec 31, 2023 |
Annual revenue (TTM): | $367.05M as of Dec 31, 2023 |
EBITDA (TTM): | $308.63M as of Dec 31, 2023 |
Net annual income (TTM): | $196.77M as of Dec 31, 2023 |
Free cash flow (TTM): | $218.99M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $143.07M as of Dec 31, 2023 |
Shares outstanding: | 12,960,064 as of Feb 22, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |