Reports Q3 revenue $60.33M vs. $86.37M last year. “NRP generated $55M of free cash flow in the third quarter of 2024 and $263 million of free cash flow over the last twelve months,” said COO Craig Nunez. “While pricing for coal and soda ash remain weak, we continue to make progress toward our goal of paying off all financial obligations. In the third quarter we paid off all outstanding preferreds, leaving just under $200M of debt remaining to reach our goal. While we believe relatively weak coal and soda ash prices will persist for at least the next year, we expect the partnership to continue generating sufficient cash to achieve our deleveraging goals. We remain steadfast in our belief this is the best strategy to maximize the intrinsic value of the partnership and we look forward to the day common unitholders will have no competing stakeholder claims on free cash flow generated by the partnership.”
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