Brief: Natural Resource Partners says expects aggregates business to remain relatively flat in 2016

Natural Resource Partners

11/03/2016 13:21

March 11 (Reuters) - Natural Resource Partners L.P.  NRP.N : 
    * Natural Resource Partners LP announces 2015 fourth-quarter 
and full-year results 
    * Q4 revenue $116.1 million  
    * Q4 net loss per unit $1.74  
    * Says expects continued deterioration in both the coal and 
oil and gas businesses in 2016 
    * Says NRP is not issuing any financial guidance for 2016 at 
this time 
    * Sees distributions received from its soda ash business 
will increase in 2016 
    * Sees aggregates business will remain relatively flat and 
distributions received from soda ash business will increase in 
2016 
    * Says expects that its aggregates business will remain 
relatively flat in 2016 
    * Says Q4 2015 included impairments charges of $51.0 million 
    * Says excluding impairments, net income attributable to 
limited partners for q4 2015 was $2.34 per unit 
    * Reduced quarterly unitholder distribution by 87 percent 
from $3.50 to $0.45 per common unit 
    * Q4 revenue view $116.7 million -- Thomson Reuters I/B/E/S 
 
Source text for Eikon:  ID:nPn449qGm  
Further company coverage:  NRP.N  
 
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