Head-To-Head Survey: Natural Resource Partners (NYSE:NRP) & PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY)

Natural Resource Partners (NYSE:NRP) and PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) are both oils/energy companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, earnings, analyst recommendations, valuation, dividends, risk and profitability.

Insider & Institutional Ownership

31.8% of Natural Resource Partners shares are owned by institutional investors. Comparatively, 0.0% of PT Adaro Energy Indonesia Tbk shares are owned by institutional investors. 35.3% of Natural Resource Partners shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Dividends

Natural Resource Partners pays an annual dividend of $3.00 per share and has a dividend yield of 3.1%. PT Adaro Energy Indonesia Tbk pays an annual dividend of $0.08 per share and has a dividend yield of 0.7%. Natural Resource Partners pays out 22.5% of its earnings in the form of a dividend. PT Adaro Energy Indonesia Tbk pays out 40.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Natural Resource Partners has raised its dividend for 3 consecutive years. Natural Resource Partners is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Earnings & Valuation

This table compares Natural Resource Partners and PT Adaro Energy Indonesia Tbk”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Natural Resource Partners	$370.01 million	3.40	$278.43 million	$13.34	7.27
PT Adaro Energy Indonesia Tbk	N/A	N/A	N/A	$0.20	56.97

Natural Resource Partners has higher revenue and earnings than PT Adaro Energy Indonesia Tbk. Natural Resource Partners is trading at a lower price-to-earnings ratio than PT Adaro Energy Indonesia Tbk, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of recent ratings and recommmendations for Natural Resource Partners and PT Adaro Energy Indonesia Tbk, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Natural Resource Partners	0	0	0	0	N/A
PT Adaro Energy Indonesia Tbk	0	0	0	0	N/A

Profitability

This table compares Natural Resource Partners and PT Adaro Energy Indonesia Tbk’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Natural Resource Partners	70.55%	44.97%	28.52%
PT Adaro Energy Indonesia Tbk	N/A	N/A	N/A

Summary

Natural Resource Partners beats PT Adaro Energy Indonesia Tbk on 10 of the 11 factors compared between the two stocks.

About Natural Resource Partners

Natural Resource Partners L.P., together with its subsidiaries, owns, manages, and leases a portfolio of mineral properties in the United States. It operates in two segments, Mineral Rights and Soda Ash. The company owns interests in coal, soda ash, trona, and other natural resources. Its coal reserves are primarily located in the Appalachia Basin, the Illinois Basin, and the Northern Powder River Basin in the United States; industrial minerals and aggregates properties located in the United States; and oil and gas properties located in Louisiana. The company leases a portion of its reserves in exchange for royalty payments; and owns and leases transportation and processing infrastructure related to coal properties. NRP (GP) LP serves as the general partner of the company. Natural Resource Partners L.P. was incorporated in 2002 and is headquartered in Houston, Texas.

About PT Adaro Energy Indonesia Tbk

PT Adaro Energy Indonesia Tbk, together with its subsidiaries, engages in coal and mining business in Indonesia. It operates through Coal Mining and Trading; Mining Services; Logistics; and Others segments. The company provides trading, transportation, warehousing, quarrying, cargo handling, and mining and transportation support services. it is also involved in the agriculture, construction, and seaport service activities, as well as repair and installation of machines, power supply, water treatment, and forestry and industry related activities. In addition, the company provides coal handling and barging, sea transportation, terminal handling, farming, investment, power plant, port, water, and mud treatment services; electric power supply; transmission, distribution, and sale of electricity; water management support; metal processing; and coal trading services. It exports its products to China, Malaysia, India, Japan, South Korea, Philippines, Hong Kong, Taiwan, Thailand, and internationally. The company was formerly known as PT Adaro Energy and changed its name to PT Adaro Energy Indonesia Tbk in February 2022. PT Adaro Energy Indonesia Tbk was founded in 2004 and is headquartered in Jakarta, Indonesia.