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Natural Resource Partners (NRP)
:NRP
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Earnings Data
Report Date
Mar 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 09, 2018
|% Change Since: 15.42%
|Next Earnings Date:Aug 09, 2018
Earnings Call Sentiment|Neutral
The earnings call reflected a balanced view with strong financial management and debt reduction contrasting with challenges in commodity pricing and market softness.Company Guidance
During the third quarter of 2024, Natural Resource Partners (NRP) generated $55 million in free cash flow, contributing to a total of $263 million over the past 12 months. Despite facing lower prices for metallurgical and thermal coal and a significant drop in soda ash prices, NRP made substantial progress in reducing its financial obligations. The company paid off the remaining $32 million of preferred securities, leaving it with $181 million in debt, a 44% reduction from the previous year. The Mineral Rights segment alone generated $54 million in free cash flow for the quarter. Additionally, NRP received a $6 million cash distribution from Sisecam Wyoming, although this was $17 million less than the previous year due to lower soda ash prices. The company also redeemed $250 million in preferred units and settled warrants, which saved $30 million in annual cash flow. NRP's debt now stands at $181 million, and the company recently extended its $200 million credit facility to October 2029, enhancing financial flexibility. Looking forward, NRP intends to continue deleveraging and potentially increase distributions once debt is further reduced.Strong Free Cash Flow Generation
NRP generated $55 million of free cash flow in the third quarter and $263 million over the last 12 months.
Debt Reduction Achievement
Total remaining financial obligations reduced to $181 million, a 44% decrease from one year ago.
Elimination of Preferred Securities
Paid off the remaining $32 million of preferred securities, saving $30 million in annual cash flow.
Extension of Credit Facility
Closed a 5-year bank credit facility, extending maturity over 2 years to October 2029, providing greater financial flexibility.
Progress in Carbon-Neutral Initiatives
Increased leasing activity by lithium, solar, and geothermal developers as part of carbon-neutral initiatives.
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NRP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NRP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 05, 2024 | $93.20 | $98.30 | +5.47% |
| Aug 07, 2024 | $88.08 | $91.38 | +3.75% |
| May 07, 2024 | $87.59 | $88.20 | +0.70% |
| Mar 07, 2024 | $88.77 | $87.92 | -0.96% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Natural Resource Partners (NRP) report earnings?
Natural Resource Partners (NRP) is schdueled to report earning on Mar 06, 2025, TBA Not Confirmed.
What is Natural Resource Partners (NRP) earnings time?
Natural Resource Partners (NRP) earnings time is at Mar 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NRP EPS forecast?
Currently, no data Available
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