Can Coal Stocks Add Value to Your Portfolio?
Zacks Equity Research - Zacks Investment Research - Wed Jun 29, 1:21PM CDT
Can Coal Stocks Add Value to Your Portfolio?
ARLP: 17.15 (+0.16), CNXC: 9.63 (+0.06), NRP: 17.41 (+0.47), SXCP: 14.77 (+0.61), CNX: 17.12 (+0.75), SXC: 7.25 (+0.54), WLB: 10.02 (+0.45)
Natural Resource (NRP) to Sell Williston Assets for $116.1M
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 8:31AM CDT
Natural Resource Partners LP's (NRP) unit, NRP Oil & Gas LLC, has inked a deal to sell its non-operated oil and gas working interest assets in Williston Basin to Lime Rock Resources IV-A, L.P. for $116.1 million.
NRP: 17.41 (+0.47), CNX: 17.12 (+0.75), SXC: 7.25 (+0.54), WLB: 10.02 (+0.45)
Natural Resource Partners to Sell Non-Operated Oil and Gas Working Interest Assets
PR Newswire - Tue Jun 14, 7:00AM CDT
Natural Resource Partners L.P. (NYSE: NRP) announced that NRP Oil and Gas LLC has signed a definitive agreement with Lime Rock Resources IV-A, L.P. to sell all of its Williston Basin non-operated oil and gas working interest assets for $116.1 million before transaction expenses and customary purchase price adjustments. The closing of the sale is expected to occur by the end of July and is subject to customary closing conditions. NRP intends to use the proceeds to repay the $75 million NRP Oil and Gas revolving credit facility in full and use the remainder to further the partnership's ongoing deleveraging strategy. The sale of these assets will represent NRP's exit from the non-operated oil and gas working interest business.
NRP: 17.41 (+0.47)
Alliance Holdings (AHGP) in Focus: Stock Up 6.1% in Session
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 7:00AM CDT
Alliance Holdings GP, L.P. (AHGP) was a big mover last session, as the company's shares rise over 6% on the day.
NRP: 17.41 (+0.47), AHGP: 22.45 (+0.21)
Natural Resource (NRP) Q1 Earnings Lag but Revenues Beat
Zacks Equity Research - Zacks Investment Research - Mon May 09, 7:01AM CDT
Natural Resource Partners LP (NRP) reported first-quarter 2016 adjusted earnings of 29 cents per unit, missing the Zacks Consensus Estimate of $1.27 by 77.2%.
CNXC: 9.63 (+0.06), NRP: 17.41 (+0.47), CNX: 17.12 (+0.75), SXC: 7.25 (+0.54)
Natural Resource Partners L.P. Announces 2016 First Quarter Results
PR Newswire - Fri May 06, 7:00AM CDT
Natural Resource Partners L.P. (NYSE:NRP) today reported net income attributable to the limited partners for the three months ended March 31, 2016 of $23.0 million, or $1.88 per unit, compared with net income attributable to the limited partners of $17.1 million, or $1.40 per unit, a year earlier. Results for the three months ended March 31, 2016 were positively impacted by gains on sale of assets of $21.5 million attributable to the limited partners and negatively impacted by $2.0 million of non-cash impairment charges attributable to the limited partners. Excluding these items, net income attributable to the limited partners was $0.29 per unit. Distributable Cash Flow for the three months ended March 31, 2016 increased $5.1 million to $58.4 million and Adjusted EBITDA increased $2.2 million to $66.4 million. Both Distributable Cash Flow and Adjusted EBITDA were positively impacted by the oil and gas royalty and hard mineral royalty sales executed during the first quarter of 2016.
NRP: 17.41 (+0.47)
Cloud Peak (CLD) Posts Wider Q1 Loss, Revenues Drop
Zacks Equity Research - Zacks Investment Research - Fri Apr 29, 8:45AM CDT
Cloud Peak Energy's (CLD) loss in the reported quarter was wider than estimates.
NRP: 17.41 (+0.47), CNX: 17.12 (+0.75), SXC: 7.25 (+0.54), CLD: 2.49 (+0.24)
Alliance Resource (ARLP) Lags Q1 Earnings & Revenues
Zacks Equity Research - Zacks Investment Research - Wed Apr 27, 11:02AM CDT
Alliance Resource Partners, L.P.'s (ARLP) first-quarter 2016 earnings of 36 cents per unit missed the Zacks Consensus Estimate of 41 cents by 12.2%.
ARLP: 17.15 (+0.16), NRP: 17.41 (+0.47), WLB: 10.02 (+0.45), CLD: 2.49 (+0.24)
CONSOL (CNX) Loss Narrower than Expected, Revenues Fall
Zacks Equity Research - Zacks Investment Research - Tue Apr 26, 10:28AM CDT
CONSOL Energy's (CNX) first-quarter loss was narrower than estimates but revenues were much lower than expectation.
NRP: 17.41 (+0.47), CNX: 17.12 (+0.75), SXC: 7.25 (+0.54), CLD: 2.49 (+0.24)
Natural Resource Partners (NRP) in Focus: Stock Gains 6.8%
Zacks Equity Research - Zacks Investment Research - Fri Apr 22, 7:35AM CDT
Natural Resource Partners LP (NRP) was a big mover last session, as the company saw its shares rise nearly 7% on the day.
NRP: 17.41 (+0.47), SXC: 7.25 (+0.54)
Natural Resource Partners Declares Quarterly Distribution
PR Newswire - Thu Apr 21, 7:00AM CDT
Natural Resource Partners L.P. (NYSE: NRP) reported today the Board of Directors of its general partner declared a first quarter 2016 distribution of $0.45 per unit for NRP. The distribution will be paid on May 13, 2016 to unitholders of record on May 5, 2016.
NRP: 17.41 (+0.47)
Coal Stock SunCoke Energy Upped to Strong Buy; Here's Why
Zacks Equity Research - Zacks Investment Research - Mon Apr 11, 2:50PM CDT
SunCoke Energy (SXC) has been upgraded to Strong Buy, thanks to its business model and steady performance.
NRP: 17.41 (+0.47), BTU: 2.07 (unch), SXC: 7.25 (+0.54), CLD: 2.49 (+0.24)
SunCoke (SXC) to Shed Coal Mining Assets amid Weak Prices
Zacks Equity Research - Zacks Investment Research - Thu Apr 07, 10:20AM CDT
SunCoke Energy, Inc. (SXC) has decided to divest its coal mining assets to Revelation Energy, LLC.
NRP: 17.41 (+0.47), BTU: 2.07 (unch), CNX: 17.12 (+0.75), SXC: 7.25 (+0.54)
Peabody Cuts 235 Jobs as Coal Demand Drops Further in 2016
Zacks Equity Research - Zacks Investment Research - Fri Apr 01, 3:05PM CDT
Peabody Energy (BTU) is letting go 235 workers in its North Antelope Rochelle Mine in the Powder River Basin as demand continues to drop.
NRP: 17.41 (+0.47), BTU: 2.07 (unch), CNX: 17.12 (+0.75), SXC: 7.25 (+0.54)
Natural Resources (NRP) Tops Q4 Earnings and Revenues
Zacks Equity Research - Zacks Investment Research - Mon Mar 14, 3:03PM CDT
Natural Resource Partners L.P. (NRP) reported fourth-quarter 2015 earnings of $2.34 per unit, beating the Zacks Consensus Estimate of $1.00 by a wide margin of 134%.
CNXC: 9.63 (+0.06), NRP: 17.41 (+0.47), BTU: 2.07 (unch), CNX: 17.12 (+0.75)
Natural Resource Partners Announces 2015 Tax Information is Available
PR Newswire - Mon Mar 14, 10:40AM CDT
Natural Resource Partners L.P. (NYSE: NRP) announced today that the 2015 tax packages for unitholders, including the individual K-1 tax information is now available on its website www.taxpackagesupport.com/naturalresource. The K-1 tax information will be mailed commencing March 15, 2016. For additional K-1 tax information and unitholder support, unitholders may call (888) 334-7102.
NRP: 17.41 (+0.47)
Natural Resource Partners L.P. Announces 2015 Fourth-Quarter and Full-Year Results
PR Newswire - Fri Mar 11, 7:00AM CST
Natural Resource Partners L.P. (NYSE:NRP) today reported a net loss attributable to the limited partners for the year ended December 31, 2015 of $559.5 million, or $45.75 per unit, compared with net income attributable to the limited partners of $106.7 million, or $9.42 per unit, a year earlier. Results for the full year 2015 were negatively impacted by $668.0 million of non-cash impairment charges attributable to the limited partners, as the market value of certain of NRP's assets were impacted by continued deterioration of the coal markets and the significant decline in oil prices. Excluding those impairments, net income attributable to the limited partners was $8.87 per unit. Distributable Cash Flow for the year ended December 31, 2015 declined 5% to $197.0 million and Adjusted EBITDA remained relatively flat at $292.1 million. All references to net income or loss per unit, as well as distributions per unit, included in this release have been adjusted to give effect to the one-for-ten reverse unit split effective February 17, 2016.
NRP: 17.41 (+0.47)
Zacks Industry Outlook Highlights: Peabody Energy, Natural Resources Partners LP, Cloud Peak Energy, SunCoke Energy and CONSOL Energy
Zacks Equity Research - Zacks Investment Research - Fri Mar 04, 8:30AM CST
Zacks Industry Outlook Highlights: Peabody Energy, Natural Resources Partners LP, Cloud Peak Energy, SunCoke Energy and CONSOL Energy
NRP: 17.41 (+0.47), CNX: 17.12 (+0.75), BTU: 2.07 (unch), SXC: 7.25 (+0.54), CLD: 2.49 (+0.24)
CONSOL Energy Q4 Loss Wider than Expected, '16 View Cut
Zacks Equity Research - Zacks Investment Research - Fri Jan 29, 12:12PM CST
CONSOL Energy Inc. (CNX) reported an adjusted loss of 11 cents per share for the fourth quarter of 2015, much wider than the Zacks Consensus Estimate of a loss of 5 cents.
NRP: 17.41 (+0.47), BTU: 2.07 (unch), CNX: 17.12 (+0.75), CLD: 2.49 (+0.24)