E Daily Stock Pick: Natural Resources Partners

That portfolio of stocks I've been building since September 3, 2019, named Volio, now holds 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Day by day starting the day after Labor Day I'll start building a new portfolio of 52 dividend dogs at a one stock per-week pace until September 2022! That new portfolio, named Vista, will become the sixth portfolio I've assembled over the past six years.

Today we'll review the second of five Dogs of the Year top finishing stocks that have performed the best during their one-year stint in each of my first five portfolios. We'll look at where the stock is now. 

Perhaps one of the stocks I discuss this week could be one you'll want to buy and hold forever.

My subject today is a small-cap thermal coal supplier named, Natural Resources Partners LP. Its trading ticker is NRP. This is my first report on the very first runner up for dog of the year (DOTY) selection from 2017. 

Natural Resources Partners LP is a diversified natural resource company. It is primarily 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 experienced 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: Coal Royalty and Other, and Soda Ash. The majority of the revenue is generated from the Coal Royalty and Other segment. The business activity of the group is primarily in the United States.

NRP (GP) LP serves as the general partner of the company. 

Natural Resource Partners L.P. was founded in 2002 and is headquartered in Houston, Texas.

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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