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Stock impact report

Natural Resource Partners: Nearing Debt-Free Status, But Margin Of Safety Shrinks (Rating Downgrade) [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
NRP continues aggressive debt reduction, nearing a fortress balance sheet, with only $33 million left to repay and $30.1 million in cash on the balance sheet. Distribution increases are delayed, due to a $39.2 million soda ash JV investment, but higher payouts and buybacks are expected post-deleveraging. Near-term commodity price gains from the Iran conflict may be fleeting and weak fundamentals could persist, but NRP's intrinsic value still remains above current levels. joebelanger/iStock via Getty Images Introduction The last time I covered Natural Resource Partners L.P. NRP ), I highlighted the company's progress towards their goal of reaching a fortress balance sheet, with robust free cash flow despite the weak market conditions that can potentially unlock This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of NRP either through stock ownership, options, or other derivatives. I wrote this article myself, and it expres Show less Read more
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