Added to YB: 2024-08-19
Pitch date: 2024-08-17
NRP [bullish]
Natural Resource Partners L.P.
+25.14%
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
$83.40
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
dividend
Natural Resource Partners L.P. - $NRP
NRP: Mineral rights owner, 24.7% FCF yield, 20%+ dividend. 70% rev from met coal. 50% FCF margins. High ROIC, low risk. Mgmt owns 29%. Deleveraged since 2015. Key properties: Carter Roag, Kepler, Elk Creek. 49% stake in soda ash mine. 48-year reserves. Potential in timber, carbon credits, renewables. Notable investors: John Huber, Bryan Lawrence.
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