Natural Resource Partners Appears To Be Approaching Fair Value [Seeking Alpha]
Natural Resource Partners LP Limited Partnership (NRP)
Last natural resource partners lp limited partnership earnings: 11/6 08:00 am
Check Earnings Report
US:NYSE Investor Relations:
nrplp.com/investors/contact-us
Company Research
Source: Seeking Alpha
2023 results were strong, leading to a rally in the units, but the cyclical nature of the coal and soda ash markets may start to limit further upside. The soda ash business performed well in 2023, with the highest annual distribution ever received by NRP, while management has shown robust capital allocation and incentives. Carbon-neutral projects have performed less well than I had hoped. Natural Resource Partners ( NYSE: NRP ) owns mineral rights to both steam and met coal assets, as well as have a 49% stake in a Wyoming soda ash plant. The 2023 results were strong, and the units have rallied accordingly. It's possible that the units still have upside, given the improved business performance and management's disciplined capital allocation. Nonetheless, we can't escape the fact that these are cyclical end markets, and we're likely fairly close to the top of the cycle for both metallurgical coal and soda ash. Previous Write-Up I last wrote-up NRP in January 2023, at the time
Show less
Read more
Impact Snapshot
Event Time:
NRP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NRP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NRP alerts
High impacting Natural Resource Partners LP Limited Partnership news events
Weekly update
A roundup of the hottest topics
NRP
News
- Natural Resource Partners L.P. Schedules First Quarter 2024 Earnings Conference CallBusiness Wire
- Natural Resource Partners L.P. 2023 Tax InformationBusiness Wire
- Natural Resource Partners L.P. (NYSE: NRP) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Natural Resource Partners L.P. (NYSE:NRP) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Natural Resource Partners L.P. 2023 Form 10-K Now Available [Yahoo! Finance]Yahoo! Finance
NRP
Sec Filings
- 4/19/24 - Form 8-K
- 3/7/24 - Form 10-K
- 3/7/24 - Form 8-K
- NRP's page on the SEC website