Professional
Added to YB: 2025-08-04
Pitch date: 2025-07-30
NRP [neutral]
Natural Resource Partners L.P.
+17.64%
current return
Author Info
No bio for this author
Company Info
Natural Resource Partners L.P., together with its subsidiaries, owns, manages, and leases a portfolio of mineral properties in the United States.
Market Cap
$1.2B
Pitch Price
$103.71
Price Target
208.00 (+70%)
Dividend
3.30%
EV/EBITDA
4.93
P/E
6.79
EV/Sales
5.23
Sector
Oil, Gas and Consumable Fuels
Category
value
Greystone Capital Management Portfolio Holding: Natural Resource Partners L.P.
NRP (holding update): Coal royalty biz w/ consistent debt reduction since 2017, targeting net cash within 12-15 months. 2025 FCF affected by lower met coal prices but remains resilient - generated $76M FCF in 2016 coal trough. Est. $130-140M unlevered FCF in 2025 (10% yield) despite trough met coal/soda ash prices. >100% upside potential.
Read full article (2 min)