Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Natural Resource Partners LP    NRP

End-of-day quote. End-of-day quote  - 02/19
8.51 USD   -2.63%
02/03 NATURAL RESOURC : ex-dividend day
2016 NATURAL RESOURC : Chamber energy symposium is Dec. 5 at St. Mary's C..
2016 NATURAL RESOURC : ex-dividend day
SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Natural Resource Partners Buys Interest in Wyoming Soda-Ash Producer for $292.5 Million

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/24/2013 | 12:06am CEST
   By Debbie Cai 
 

Natural Resource Partners LP (>> Natural Resource Partners LP) has paid $292.5 million for an interest in OCI Wyoming LP, as well as some shares of the soda-ash producer from units of Anadarko Petroleum Corp. (>> Anadarko Petroleum Corporation).

NRP, which mainly owns coal, aggregate and oil and gas reserves in the U.S., said it bought a 48.51% general partner interest in OCI Wyoming; and 20% of the common shares and all of the preferred shares from Anadarko subsidiaries. NRP paid a net $292.5 million for the interests, after normal closing adjustments to the purchase price of $310 million.

The deal includes an earn-out provision, requiring NRP to pay Anadarko up to $50 million, on a net present value basis, over a three-year period if OCI Wyoming achieves specified revenue targets during that period.

NRP funded the purchase through a $200 million term loan, the issuance of $76.5 million in equity, including a general partner contribution of $1.5 million, and $16 million in cash.

OCI Wyoming, a subsidiary of South Korea's OCI Co. (>> Oci Co Ltd) that manufactures chemical products in the renewable energy sector, is the world's fifth-largest producer of soda ash. It operates a trona ore mining operation and a soda ash refinery in Green River, Wyo.

NRP, which has a market capitalization of $2.35 billion, said it expects the transaction to be accretive to cash flow this year in a range of 18 cents to 22 cents a unit.

In November, NRP said it swung to a third quarter profit as coal production increased and coal royalty revenues rose.

Shares closed at $22.12 and were unchanged after hours. The stock is down 22% over the past 12 months.

Write to Debbie Cai at [email protected]

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on NATURAL RESOURCE PARTNERS
03/06 NATURAL RESOURCE PARTNERS LP : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL..
03/06 NATURAL RESOURCE PARTNERS LP : Entry into a Material Definitive Agreement, Resul..
02/23 NATURAL RESOURCE PARTNERS LP : Entry into a Material Definitive Agreement, Resul..
02/03 NATURAL RESOURCE PARTNERS LP : ex-dividend day
2016 NATURAL RESOURCE PARTNERS LP : W.Va. Coal Association Praises Trump
2016 NATURAL RESOURCE PARTNERS LP : Across the state
2016 NATURAL RESOURCE PARTNERS LP : Chamber notes
2016 NATURAL RESOURCE PARTNERS LP : Chamber energy symposium is Dec. 5 at St. Mary's ..
2016 NATURAL RESOURCE PARTNERS LP : Management's Forecast, Strategic Plan and Going C..
2016 NATURAL RESOURCE PARTNERS LP : Results of Operations and Financial Condition, Fi..
More news
Sector news : Coal - NEC
04/28 FTSE in biggest one-month fall since November
04/28DJCHINA SHENHUA ENERGY : Profit Rises Three-Fold
04/24 Genel's chairman and co-founder Hayward to step down in June
04/21 FTSE edges down, scores worst week in over five months
04/18 UK bluechips fall 2 percent after May calls for early election
More sector news : Coal - NEC
News from SeekingAlpha
2016 MLPS : Spotlight On Revenant MLPs, No Longer The Big Short
2016 41% Yields With Natural Resource Partners, B3/B Rated, Maturing October 2018
2016 MLPS : Melting Point
2016 NATURAL RESOURCE PARTNERS TO LAUNCH : 10 reverse split
2016 Natural Resource Partners declares $0.045 dividend
Advertisement
Financials ($)
Sales 2017 360 M
EBIT 2017 158 M
Net income 2017 59,4 M
Debt 2017 -
Yield 2017 5,63%
P/E ratio 2017 5,38
P/E ratio 2018 5,33
Capi. / Sales 2017 1,09x
Capi. / Sales 2018 1,06x
Capitalization 391 M
More Financials
Chart NATURAL RESOURCE PARTNERS
Duration : Period :
Natural Resource Partners  Technical Analysis Chart | NRP | US63900P1030 | 4-Traders
Full-screen chart
Income Statement Evolution
More Financials
Consensus 
Mean consensus HOLD
Number of Analysts 6
Average target price 34,3 $
Spread / Average Target 7,2%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Corby J. Robertson Chairman & Chief Executive Officer
Wyatt L. Hogan President & Chief Operating Officer
Craig W. Nunez Chief Financial Officer & Treasurer
S. Reed Morian Director
Robert B. Karn Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
NATURAL RESOURCE PARTN..-32.99%391
GLENCORE PLC8.04%56 394
CHINA SHENHUA ENERGY C..19.34%54 532
COAL INDIA LTD-8.97%26 719
CHINA COAL ENERGY COMP..-0.34%9 728
SHAANXI COAL INDUSTRY ..23.92%8 636
More Results