Natural Resource Partners Q1 Earnings Dip Y/Y on Weak Commodity Prices – May 16, 2025
From Zacks Investment Research: 2025-05-16 15:00:00
Shares of Natural Resource Partners L.P. (NRP) have declined 6.1% since reporting first quarter 2025 results, compared to S&P 500’s 4.2% growth. NRP’s net income fell 28.4% to $40.3 million, with revenues dropping 20.9% to $60.5 million. The Mineral Rights segment saw a 25.4% decrease in net income, while the Soda Ash segment struggled with a 15.4% decline in equity earnings. Management cited weak commodity prices and oversupply as challenges, but remained optimistic about NRP’s financial health. NRP aims to eliminate debt and prioritize balance sheet strength for future growth.
Read more at Zacks Investment Research: Natural Resource Partners Q1 Earnings Dip Y/Y on Weak Commodity Prices – May 16, 2025