Natural Resource Partners (NRP) Tops Q3 EPS by 11c

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Go back to Natural Resource Partners (NRP) Tops Q3 EPS by 11c

Natural Resource Partners L.P. Reports Third Quarter Results

November 5, 2015 8:01 AM EST

HOUSTON, Nov. 5, 2015 /PRNewswire/ -- Natural Resource Partners L.P. (NYSE: NRP) today reported a net loss attributable to the limited partners for the third quarter of 2015 of $586.0 million, or $4.79 per unit, compared with net income attributable to the limited partners of $35.5 million, or $0.32 per unit a year earlier.  Results for the third quarter of 2015 were negatively impacted by $614.3 million of non-cash impairment charges attributable to the limited partners, as the market value of certain of the Partnership's assets were impacted by continued deterioration of the coal markets and the... More