NRP

Natural Resource Partners L.P. (NASDAQ:NRP) is a Houston-based master limited partnership founded in 2002 that owns and manages a diversified portfolio of natural resource properties across the United States. The company went public in October 2002 and has evolved from a heavily leveraged entity to a more streamlined operation focused on generating cash flow from its mineral rights and industrial operations. Over the past several years, NRP has undergone significant financial restructuring, reducing its debt from $1.5 billion to approximately $118 million while maintaining ownership of strategically located coal, soda ash, and other mineral assets primarily in Appalachia, the Illinois Basin, Wyoming's Green River Basin, and the Northern Powder River Basin.