Added to YB: 2023-12-25
Pitch date: 2023-12-23
NRP [neutral]
Natural Resource Partners L.P.
+29.59%
current return
Author Info
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Company Info
Natural Resource Partners L.P., together with its subsidiaries, owns, manages, and leases a portfolio of mineral properties in the United States.
Market Cap
$1.4B
Pitch Price
$80.54
Price Target
N/A
Dividend
2.89%
EV/EBITDA
8.24
P/E
9.49
EV/Sales
6.47
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
NRP's Call Option
NRP's GP call option risk low for now: GP+affiliates own 49% of units, below 80% needed to force LP sellout. CEO Robertson unlikely to trigger given strong track record. Watch ownership ratio, but low near-term risk.
Read full article (8 min)