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Natural Resource Partners Declares Fourth Quarter 2014 Distribution

01/20/2015

HOUSTON, Jan. 20, 2015 /PRNewswire/ -- Natural Resource Partners L.P. (NYSE: NRP) announced today that the Board of Directors of its general partner has declared a fourth quarter 2014 distribution of $0.35 per unit for NRP.  The distribution will be paid on February 13, 2015 to unitholders of record on February 5, 2015.

Natural Resource Partners LP logo.

In addition, NRP announced today that Kevin Wall, Chief Operating Officer of Natural Resource Partners L.P., will retire effective March 1, 2015.  Wyatt Hogan, President of Natural Resource Partners will take on the added responsibilities and title of Chief Operating Officer at that time.

NRP plans to announce 2015 guidance in conjunction with its year-end earnings release, scheduled before the market on February 12. 

Company Profile

Natural Resource Partners L.P. is a master limited partnership headquartered in Houston, TX.  NRP is a diversified natural resource company that owns interests in oil and gas, coal, aggregates and industrial minerals across the United States.  A large percentage of NRP's revenues are generated from royalties and other passive income.  In addition, NRP owns an equity investment in OCI Wyoming, a trona/soda ash operation, owns non-operated working interests in oil and gas properties and owns VantaCore, making NRP ranked as one of the top 25 aggregates producers in the United States.

Withholding Information for Foreign Investors

This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100.0%) of NRP's distributions to foreign investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, NRP's distributions to foreign investors are subject to federal income tax withholding at the highest applicable rate.

For additional information please contact Kathy Roberts at 713-751-7555 or kroberts@nrplp.com.  Further information about NRP is available on the partnership's website at http://www.nrplp.com.

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/natural-resource-partners-declares-fourth-quarter-2014-distribution-300022826.html

SOURCE Natural Resource Partners L.P.

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