Natural Resource Partners (NRP -1.5%) is initiated with a Hold at Dahlman Rose, which sees coal...

|About: Natural Resource Partners LP (NRP)|By:, SA News Editor

Natural Resource Partners (NRP -1.5%) is initiated with a Hold at Dahlman Rose, which sees coal royalty growth limited by reduced Appalachian production but the current distribution will be maintained. The firm expects Illinois Basin investment offsetting much of the Appalachian declines, but no significant catalysts to grow payouts in the near term.