Natural Resource Partners LP Declares Fourth Quarter Dividend Payable on February 13, 2015; Kevin Wall, Chief Operating Officer to Retire Effective March 1, 2015
January 20, 2015 at 05:05 pm EST
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Natural Resource Partners L.P. announced that the Board of Directors of its general partner has declared a fourth quarter 2014 distribution of $0.35 per unit for NRP. The distribution will be paid on February 13, 2015 to unitholders of record on February 5, 2015.
In addition, NRP announced that Kevin Wall, Chief Operating Officer of Natural Resource Partners L.P., will retire effective March 1, 2015. Wyatt Hogan, President of Natural Resource Partners will take on the added responsibilities and title of Chief Operating Officer at that time.
Natural Resource Partners L.P. is a diversified natural resource company. It owns, manages, and leases a diversified portfolio of properties in the United States including coal, industrial minerals and other natural resources, as well as rights to conduct carbon sequestration and renewable energy activities. Its Mineral Rights segment consists of about 13 million acres of mineral interests and other subsurface rights across the United States. Its ownership provides critical inputs for the manufacturing of steel, electricity, and basic building materials, as well as opportunities for carbon sequestration and renewable energy. Its Soda Ash segment consists of its 49% non-controlling equity interest in Sisecam Wyoming LLC (Sisecam Wyoming), a trona ore mining and soda ash production business located in the Green River Basin of Wyoming. Sisecam Wyoming mines trona and processes it into soda ash that is sold both domestically and internationally into the glass and chemicals industries.
Natural Resource Partners LP Declares Fourth Quarter Dividend Payable on February 13, 2015; Kevin Wall, Chief Operating Officer to Retire Effective March 1, 2015
NATURAL RESOURCE PARTNERS L.P. 