Dahlman Rose Starts Natural Resource Partners LP (NRP) at Hold; Market Pressured; Dividend Maintained

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Dahlman Rose initiates coverage on Natural Resource Partners LP (NYSE: NRP) with a Hold.

Analyst, Daniel W. Scott, said, "The company owns and leases coal reserves in all major US basins. While we expect weak coal market conditions to pressure growth, we do look for the distribution to be maintained...We expect continued investment in the Illinois Basin offsetting much of the Appalachian declines, but do not see significant catalysts to grow payouts in the near term."

For an analyst ratings summary and ratings history on Natural Resource Partners LP click here. For more ratings news on Natural Resource Partners LP click here.

Shares of Natural Resource Partners LP closed at $21.10 yesterday, with a 52 week range of $18.67-$30.48.

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