OTCPK:PILBF - Post by User
Post by
aggmanon Nov 05, 2014 1:32pm
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Post# 23097999
NRP - beats - aided by aggregate, VantaCore
NRP - beats - aided by aggregate, VantaCore Distribution maintained, stock up 7.22%
Natural Resource beats by $0.02, beats on revs; guidance on track
11/04/2014 Reports Q3 (Sep) earnings of $0.32 per share, $0.02 better than the Capital IQ Consensus Estimate of $0.30; revenues rose 11.4% year/year to $91.6 mln vs the $85.94 mln consensus.
"All of our commodities performed in line with our expectations for the quarter, and we remain on track to meet our guidance for the year. Our acquisition of the VantaCore construction aggregates business and the recently announced acquisition of oil and gas interests in the Sanish Field in the Williston Basin will even further diversify NRP and contribute to our future growth.
In addition, we saw increased coal production from our properties in all of our regions in the third quarter as compared to the second quarter, which is especially impressive in light of the continuing difficult market conditions for the coal industry."