| Natural Resource Partners (NRP) Tops Q3 Earnings | |
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Total operating expenses shot up significantly to $701.7 million from $36.6 million in the prior-year quarter. The increase was primarily driven by $626.8 million in asset impairments. Interest expenses during the quarter rose 26% to $23.7 million. Financial Condition
Natural Resource Partners had cash and cash equivalents of $61.2 million as of Sep 30, 2015, up from $50.1 million as of Dec 31, 2014. Long-term debt was $1,323.7 million as of Sep 30, 2015, down from $1,374.3 million as of Dec 31, 2014. In the first nine months of 2015, cash from operating activities was $161.4 million, up 2.7% from $157.1 million in the prior-year period. In the reported quarter, distributable cash flow marginally rose to $58 million from $57.7 million in the prior-year quarter. Other Coal Company Releases Diversified fuel producer, CONSOL Energy Inc. CNX reported an adjusted loss of 28 cents per share for the third quarter of 2015, much wider than the Zacks Consensus Estimate of a loss of 2 cents. SunCoke Energy Inc. SXC reported a third-quarter 2015 adjusted loss of 6 cents per share, as against the Zacks Consensus Estimate of earnings of 3 cents.
Peabody Energy BTU reported a loss of $8.13 per share in third-quarter 2015, marginally narrower than the Zacks Consensus Estimate of a loss of $8.20 Zacks Rank Natural Resource Partners currently has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CONSOL ENERGY (CNX): Free Stock Analysis Report PEABODY ENERGY (BTU): Free Stock Analysis Report NATURAL RSRC LP (NRP): Free Stock Analysis Report SUNCOKE ENERGY (SXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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Natural Resource Partners L.P.
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CODE : NRP |
ISIN : US63900P1030 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Natural Resources Partners is a producing company based in United states of america. Natural Resources Partners holds various exploration projects in USA. Its main exploration property is D.D. SHEPARD in USA. Natural Resources Partners is listed in United States of America. Its market capitalisation is US$ 1.2 billions as of today (€ 1.1 billions). Its stock quote reached its lowest recent point on July 24, 2020 at US$ 10.00, and its highest recent level on January 26, 2024 at US$ 99.99. Natural Resources Partners has 12 241 602 shares outstanding. |