Natural Resource Partners LP (NRP) Stock

Declining coal and soda ash prices hurt Natural Resource Partners' (NRP) earnings in Q2.

Natural Resource Partners L.P. Common Units (NYSE:NRP ) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Tiffany Sammis - Manager, Investor Relations Craig Nunez - President & Chief Operating Officer Chris Zolas - Chief Financial Officer Operator Good morning, and welcome to the Natural Resource Partners L.P.

PARK CITY, UT / ACCESSWIRE / July 18, 2024 / NRP Stone, Inc. (OTC PINK:NRPI), a leading innovator in space technology through its subsidiary Uplift Aerospace, Inc., today announced significant updates to its corporate structure following recent shareholder approval. CEO Incentive Rights Plan Amendment On June 30, 2024, a Special Meeting of Shareholders approved amendments to the incentive rights plan for the Company's CEO, Joshua T.

Natural Resource Partners has seen a 60% increase in shares and offers a dividend yield of over 4%. NRP focuses on generating revenue through its mineral portfolio, with the majority of its income coming from royalty and mineral rights. The company has made significant improvements in its financial performance, with a low P/E ratio and strong free cash flow supporting its dividend.

Natural Resource Partners L.P. (NYSE:NRP ) Q2 2023 Earnings Conference Call August 4, 2023 9:00 AM ET Company Participants Tiffany Sammis - Manager-Investor Relations Craig Nunez - President & Chief Operating Officer Chris Zolas - Chief Financial Officer Conference Call Participants Operator Ladies and gentlemen, thank you for standing by and welcome to the Natural Resource Partners L.P.

Natural Resource Partners L.P. has significantly improved its financial position since 2015, reducing its asset base by half and nearing its goal of retiring all outstanding debt. The firm's business model, which involves leasing its mineral rights to operating companies, has allowed it to generate significant free cash flow and support growing distributions to unitholders. Despite its strong performance and high FCF yield of 32.86%, NRP is currently trading at a price-earnings multiple of just 4.24, suggesting the market is undervaluing it.

HOUSTON--(BUSINESS WIRE)--Natural Resource Partners L.P. (NYSE: NRP) plans to report its second quarter 2023 financial results before the market opens on Friday, August 4, 2023. Management will host a conference call beginning at 9:00 a.m. ET to discuss the results. To register for the conference call please use this link https://conferencingportals.com/event/mQRabxXg. After registering, a confirmation will be sent via email and include dial in details and unique conference call codes for entry.

Natural Resource Partners L.P. (NRP) is a strong buy due to its solid dividend, strong ROIC, asset optimization, and undervaluation based on DCF figures. NRP's asset management and optimization strategy includes operational efficiency, long-term contracts, diversification, and seizing growth opportunities. Risks include commodity price volatility and environmental and regulatory factors.