NRP

Natural Resource Partners L.P. 2023 Form 10-K Now Available

Retrieved on: 
Thursday, March 7, 2024

Natural Resource Partners L.P. (NYSE: NRP) announced today that it has filed the partnership’s Annual Report Form 10-K for the period ended December 31, 2023 with the Securities and Exchange Commission.

Key Points: 
  • Natural Resource Partners L.P. (NYSE: NRP) announced today that it has filed the partnership’s Annual Report Form 10-K for the period ended December 31, 2023 with the Securities and Exchange Commission.
  • The report is available on NRP’s website at www.nrplp.com , and hard copies of the report may be requested free of charge at [email protected] or by contacting the partnership at 1415 Louisiana Street, Suite 3325, Houston, TX 77002.
  • Natural Resource Partners L.P., a master limited partnership headquartered in Houston, TX, is a diversified natural resource company that owns, manages and leases a diversified portfolio of properties in the United States including coal, industrial minerals and other natural resources, as well as rights to conduct carbon sequestration and renewable energy activities.
  • NRP also owns an equity investment in Sisecam Wyoming LLC, one of the world’s lowest-cost producers of soda ash.

Natural Resource Partners L.P. Reports Fourth Quarter and Full Year 2023 Results and Announces Special Distribution of $2.44 per Common Unit

Retrieved on: 
Thursday, March 7, 2024

This special distribution is to help cover unitholder tax liabilities associated with owning NRP's common units during 2023.

Key Points: 
  • This special distribution is to help cover unitholder tax liabilities associated with owning NRP's common units during 2023.
  • Future distributions on NRP's common and preferred units will be determined on a quarterly basis by the board of directors.
  • In February 2023, NRP declared and paid a fourth quarter 2023 cash distribution of $0.75 per common unit and a $2.15 million cash distribution on the preferred units.
  • As previously mentioned, today NRP declared a special distribution of $2.44 per common unit to help cover unitholder tax liabilities associated with owning NRP's common units during 2023.

CENIC Recognizes CSU San Bernardino's High Performance Computing Program for Improving CSU Access to National Research Platform Resources

Retrieved on: 
Thursday, February 29, 2024

The High Performance Computing Program (HPCP) at CSU San Bernardino has been selected to receive the CENIC 2024 Innovations in Networking Award for Research Applications in recognition of its work supporting faculty who wish to avail themselves of all the National Research Platform (NRP) has to offer.

Key Points: 
  • The High Performance Computing Program (HPCP) at CSU San Bernardino has been selected to receive the CENIC 2024 Innovations in Networking Award for Research Applications in recognition of its work supporting faculty who wish to avail themselves of all the National Research Platform (NRP) has to offer.
  • “I am delighted to extend my heartfelt congratulations to the High Performance Computing Program,” said Louis Fox, CENIC’s Chief Executive Officer.
  • Sudhakar stated, “The High Performance Computing Program at CSUSB supported by the National Research Platform and CENIC has opened up tremendous opportunities for faculty-led innovation and research at our University.
  • The High Performance Computing Program Faculty Showcase for 2023 may be viewed on YouTube .

Natural Resource Partners L.P. Schedules Fourth Quarter and Full Year 2023 Earnings Conference Call

Retrieved on: 
Thursday, February 22, 2024

Natural Resource Partners L.P. (NYSE: NRP) plans to report its fourth quarter and full year 2023 financial results before the market opens on Thursday, March 7, 2024.

Key Points: 
  • Natural Resource Partners L.P. (NYSE: NRP) plans to report its fourth quarter and full year 2023 financial results before the market opens on Thursday, March 7, 2024.
  • After registering, a confirmation will be sent via email and include dial-in details and unique conference call codes for entry.
  • Investors may also listen to the conference call live via the Investor Relations section of the NRP website at www.nrplp.com .
  • Audio replays of the conference call will be available on the Investor Relations section of NRP’s website.

The NRP Group Breaks Ground on Fully Affordable Housing Community in Albany County, New York

Retrieved on: 
Monday, February 12, 2024

The NRP Group , a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, in partnership with New York State Homes and Community Renewal (HCR) and nonprofit organization Soldier On has broken ground on Selkirk Reserve, a 72-unit, fully affordable housing community in Bethlehem, New York.

Key Points: 
  • The NRP Group , a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, in partnership with New York State Homes and Community Renewal (HCR) and nonprofit organization Soldier On has broken ground on Selkirk Reserve, a 72-unit, fully affordable housing community in Bethlehem, New York.
  • View the full release here: https://www.businesswire.com/news/home/20240212505219/en/
    Rendering of Selkirk Reserve; courtesy of The NRP Group.
  • "Selkirk Reserve is a testament to The NRP Group's unwavering commitment to addressing the pressing need for affordable housing in New York state,” said Jonathan Gertman, Senior Vice President of Development at NRP.
  • “We are looking forward to partnering with the NRP Group in Selkirk, New York.

Natural Resource Partners L.P. Declares Fourth Quarter 2023 Distributions

Retrieved on: 
Wednesday, February 7, 2024

Natural Resource Partners L.P. (NYSE: NRP) today announced that the board of directors of its general partner declared a fourth quarter 2023 distribution of $0.75 per common unit for NRP.

Key Points: 
  • Natural Resource Partners L.P. (NYSE: NRP) today announced that the board of directors of its general partner declared a fourth quarter 2023 distribution of $0.75 per common unit for NRP.
  • The distribution will be paid on February 27, 2024 to unitholders of record on February 20, 2024.
  • The board also declared a fourth quarter distribution on NRP’s 12.0% Class A Convertible Preferred Units totaling $2.15 million.
  • Natural Resource Partners L.P., a master limited partnership headquartered in Houston, TX, is a diversified natural resource company that owns, manages and leases a diversified portfolio of properties in the United States including coal, industrial minerals and other natural resources, as well as rights to conduct carbon sequestration and renewable energy activities.

The NRP Group Celebrates Grand Opening of Upscale Mixed-Income Community in Killeen, Texas

Retrieved on: 
Wednesday, February 7, 2024

The NRP Group , a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, in partnership with The City of Killeen Public Facility Corporation (PFC), J.P. Morgan, and Texas Capital Bank, today celebrated the grand opening of Station42, a 368-unit mixed-income multifamily project in Killeen, Texas.

Key Points: 
  • The NRP Group , a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, in partnership with The City of Killeen Public Facility Corporation (PFC), J.P. Morgan, and Texas Capital Bank, today celebrated the grand opening of Station42, a 368-unit mixed-income multifamily project in Killeen, Texas.
  • To meet this demand, more than half of the property’s units are reserved for residents earning less than 80 percent of the area median income (AMI).
  • “Collaborating with the City of Killeen is a privilege, and we look forward to contributing to the city's continued growth and prosperity."
  • We’ve made investing into the north side neighborhoods a priority.”
    J.P. Morgan partnered with The NRP Group to provide equity investment in the project, while construction financing was provided by Texas Property Bank.

George Currall Appointed to Chief Financial Officer of The NRP Group

Retrieved on: 
Friday, January 26, 2024

The NRP Group , a vertically integrated, best-in-class developer, builder and manager of multifamily housing, today announced the appointment of George Currall as Chief Financial Officer (CFO).

Key Points: 
  • The NRP Group , a vertically integrated, best-in-class developer, builder and manager of multifamily housing, today announced the appointment of George Currall as Chief Financial Officer (CFO).
  • The announcement follows the retirement of Andy Tanner, a 23-year veteran of NRP and the firm’s long-time CFO.
  • Currall joined NRP in 2008 and brings a wealth of financial expertise and leadership experience to his new CFO role where he will lead Capital Markets, Asset Management, Tax and Accounting teams for NRP.
  • He became a Principal in 2016 and is a member of the Executive Committee and the Governing Board of NRP.

$24 Million Affordable Housing Development Breaks Ground off Austin Highway

Retrieved on: 
Thursday, December 14, 2023

Nova Lofts is The NRP Group’s third affordable housing community in San Antonio to break ground this year, and second supported by the COSA Neighborhood and Housing Services department’s 2022 Affordable Housing Bond Program (Bond).

Key Points: 
  • Nova Lofts is The NRP Group’s third affordable housing community in San Antonio to break ground this year, and second supported by the COSA Neighborhood and Housing Services department’s 2022 Affordable Housing Bond Program (Bond).
  • “As the City of San Antonio continues to grow, our focus on addressing housing needs remains paramount,” said Mayor Ron Nirenberg.
  • “We are committed to building community through art across the city of San Antonio.”
    The $24 million development was made possible through innovative funding partnerships, including a $2.7 million allocation from the Bond, and the State of Texas’ highly competitive 9% low-income housing federal tax credits.
  • "Nova Lofts is the third development to break ground with funds from the City’s Affordable Housing Bond, continuing the City’s initiative of providing quality home options for families,” said Veronica Garcia, COSA Deputy Director of Neighborhood and Housing Services.

Local Officials, The NRP Group, and University Hospitals, Cut Ribbon on The Davis, an Affordable Housing Community in Cleveland, Ohio

Retrieved on: 
Wednesday, November 15, 2023

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    The community is The NRP Group’s third "Health and Housing" development, conceived to address social determinants of health (SDOH).
  • This is the second of UH’s Community Wellness Centers; the first opened in Bedford, Ohio, earlier this year.
  • “We’re proud to celebrate the completion of this community, and grateful to have had an opportunity to partner with The NRP Group.
  • “The NRP Group is dedicated to creating affordable communities that provide residents with opportunities for long-term success,” said J. David Heller, President and CEO of The NRP Group.