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Unloved Coal MLP Natural Resource Partners Now Yielding 12%

Published Tue, 13 Nov 2012 11:25:22 -0500 on Seeking Alpha

US coal producers, including many royalty-focused partnerships, took a beating Wednesday, Nov. 7, 2012, in the aftermath of President Barak Obama's reelection, as investors threw a speculative hissy fit over regulations-to-be from the re-minted administration. Rationality left the building, as the largest coal stocks, including Peabody Energy Corp (BTU), Alpha Natural Resources Inc (NYSE: ANR), Arch Coal Inc (NYSE: ACI),Consol Energy Inc (NYSE: CNX), James River Coal Co (JRCCQ) and Walter Energy Inc (NYSE: WLT) posted an average decline of 13.1 percent for the day. James River was down 30 percent, while Consol held up best among the largest coal-focused traditional equities with a 6.1 percent slide. The performance of coal-related master limited partnerships was relatively glowing, with an average decline of 5.3 percent. Alliance Resource Partners LP (NSDQ: ARLP) shed 6.4 percent, Natural Resource Partners LP (NYSE: NRP) 6.1 percent, Rino Resource Partners LP (NYSE: RNO) 7.9... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
ALLIANCE RESOURCE PARTNERS L.P. 15.86   4.5 3.49 2.16 12.95
NATURAL RESOURCE PARTNERS LP 26.93   4.3 6.28 1.80 6.60
CONSOL ENERGY 8.32   5.6 1.49 0.00 0.48


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