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Natural Resources Partners LP (Natural Resources Partners LP) Net Income : $278.4 Mil (TTM As of Dec. 2023)


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What is Natural Resources Partners LP Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Natural Resources Partners LP's Net Income for the three months ended in Dec. 2023 was $65.0 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $278.4 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Natural Resources Partners LP's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $4.16.


Natural Resources Partners LP Net Income Historical Data

The historical data trend for Natural Resources Partners LP's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Natural Resources Partners LP Net Income Chart

Natural Resources Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.46 -84.82 108.90 268.49 278.44

Natural Resources Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.22 79.28 70.33 63.85 64.98

Natural Resources Partners LP Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Natural Resources Partners LP's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=278.435+0+0+0
=278.4

Natural Resources Partners LP's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=64.98+0+0+0
=65.0

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $278.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Natural Resources Partners LP  (NYSE:NRP) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Natural Resources Partners LP's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Natural Resources Partners LP Net Income Related Terms

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Natural Resources Partners LP (Natural Resources Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
1415 Louisiana Street, Suite 3325, Houston, TX, USA, 77002
Natural Resources Partners LP is a diversified natural resource company. It is engaged in the business of owning, managing and leasing a diversified portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, crude oil and natural gas, construction aggregates, frac sand, and other natural resources. The company leases coal reserves to experience mine operators under long-term leases that grant the operator the right to mine its coal reserves in exchange for royalty payments. The company operates in two reportable segments namely: Mineral Rights and Soda Ash. the majority of the revenue is generated from the Mineral Rights segment. The business activity of the group functions through the United States.
Executives
Murphy Paul B Jr director OCEANEERING INTERNATIONAL, INC., 11911 FM 529, HOUSTON TX 77041
Philip T Warman officer: General Counsel & Secretary 123 ROBERT S. KERR AVENUE, OKLAHOMA CITY OK 73102-6406
Alexander David Greene director 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Galdino J. Claro director 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
Perry W Donahoo officer: CEO of VantaCore 1201 LOUISIANA, SUITE 3400, HOUSTON TX 77002
Jennifer Lauren Odinet officer: Chief Accounting Officer 1201 LOUISIANA, SUITE 3400, HOUSTON TX 77002
Kevin J Craig officer: VP of Business Development PO BOX 2827, HUNTINGTON WV 25727
Jasvinder Khaira director 1201 LOUISIANA STREET, SUITE 3400, HOUSTON TX 77002
Premium Resources, Llc 10 percent owner 1415 LOUISIANA STREET, SUITE 2400, HOUSTON TX 77002
Jackson Leon George Iii director 235 MARLBERRY CIRCLE, JUPITER FL 33458
David M Hartz officer: VP, Oil and Gas 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002
Richard A Navarre director 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002
Christopher Zolas officer: Chief Accounting Officer 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002
Craig W Nunez officer: CFO and Treasurer 1401 MCKINNEY STREET, SUITE 2400, HOUSTON TX 77010
Dennis F Coker officer: Vice President - Aggregates 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002