NYSE:NRPOil and Gas
Natural Resource Partners Nears Debt Freedom With Carbon Upside For Distributions
Natural Resource Partners (NYSE:NRP) is close to becoming debt-free, following a period of strong free cash flow generation.
The company has indicated that eliminating permanent debt could open the door to higher distributions to unitholders.
NRP also holds a large portfolio of unleased carbon sequestration pore space that could offer additional long term growth options beyond its coal and royalty operations.
Natural Resource Partners, trading at around $114.5, has posted very large 5 year...