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Natural Resource Partners (NRP) acquires interests in Anadarko (APC) subsidiaries...

Natural Resource Partners (NRP) acquires interests in Anadarko (APC) subsidiaries OCI Wyoming LP and OCI Wyoming Co. for $310M, in a deal NRP expects will be accretive to cash flow in 2013 at $0.18-$0.22/unit. OCI Wyoming is the world's fifth-largest producer of soda ash, and operates a trona ore mining operation and soda ash refinery in Wyoming.
Comments (1)
  • Tucsonbill
    , contributor
    Comments (28) | Send Message
    1) my neighbor worked for another trona mine in the area and described it as a good and profitable enterprise.
    2) the diversification away from a high % of coal is good for the company.
    3) the benefits to cash flow should play out well for investors' distributions.
    The company seem to be making good decisions aimed at increased shareholder value.
    24 Jan 2013, 12:58 AM Reply Like
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