Natural Resource Partners (NRP) Posts Q1 adj.-EPS of 29c

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Natural Resource Partners L.P. Announces 2016 First Quarter Results

May 6, 2016 8:02 AM EDT

HOUSTON, May 6, 2016 /PRNewswire/ -- Natural Resource Partners L.P. (NYSE: NRP) today reported net income attributable to the limited partners for the three months ended March 31, 2016 of $23.0 million, or $1.88 per unit, compared with net income attributable to the limited partners of $17.1 million, or $1.40 per unit, a year earlier.  Results for the three months ended March 31, 2016 were positively impacted by gains on sale of assets of $21.5 million attributable to the limited partners and negatively impacted by $2.0 million of non-cash impairment charges attributable to the limited partners.  Excluding these items, net income... More