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Blue Chip Growth

Stock Report: () Report Updated: Feb 08, 2016 | Print This Page

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Company Profile

PVR Partners, L.P. engages in the management of coal and natural resource properties; and gathering and processing of natural gas in the United States. It operates in two segments, Coal and Natural Resource Management, and Natural Gas Midstream. The Coal and Natural Resource Management segment is primarily involved in the management and leasing of coal properties. This segment engages in other land management activities, such as selling standing timber; leasing coal-related infrastructure facilities to certain lessees and end-user industrial plants; collecting oil and gas royalties; and coal transportation or wheelage. It owns approximately 900 million tons of proven coal reserves in northern and central Appalachia, and the Illinois and San Juan Basins. The Natural Gas Midstream segment provides natural gas processing, gathering, and other related services. It owns and operates 4,200 miles of natural gas gathering pipelines and 7 processing systems with approximately 480 million cubic feet per day of capacity principally in Texas, Oklahoma, and Pennsylvania. This segment also owns a natural gas marketing business, which aggregates third-party volumes and sells those volumes into interstate and intrastate pipeline systems and at market hubs accessed by various interstate pipelines. The company was formerly known as Penn Virginia Resource Partners, L.P. and changed its name to PVR Partners, L.P. in August 2012. PVR Partners, L.P. is headquartered in Radnor, Pennsylvania.

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