NGP Capital Resources Company (NGPC)

Form 10-Q NGP Capital Resources For: Jun 30

NGP Capital Resources beats by $0.08

Form 8-K NGP Capital Resources For: Aug 09

Highlights for the quarter ended June 30, 2010:

Stockholders' equity: $241.7 million

Net asset value per share: $11.18

Operating Results:

Net increase in stockholders' equity (net assets) from operations: $3.9 million

Net investment income: $3.3 million

Net unrealized gain (loss) on investments: $0.6 million

Dividends declared per common share: $0.17

Portfolio and Investment Activity:

Total invested in portfolio companies at June 30, 2010: $237.1 million

Number of portfolio companies at June 30, 2010: 15

Portfolio and Investment Activity

The Company did not add any new companies to its portfolio during the second quarter of 2010. At June 30, 2010, the Company's targeted investment portfolio consisted of fifteen portfolio companies totaling $237.1 million. The Company had commitments to fund an additional $5.4 million on total committed amounts of $242.5 million.

The weighted average yield on targeted portfolio investments, exclusive of capital gains, was 7.28% at June 30, 2010. The weighted average yield on investments in corporate notes was 5.82%, and the weighted average yield on investments in cash and cash equivalents was 0.51%. The weighted average yield on the Company's total capital invested at June 30, 2010 was 5.21%.

Operating Results – Three months ended June 30, 2010

Investment income totaled $6.0 million for the quarter ended June 30, 2010, with $5.2 million attributable to interest from the Company's targeted portfolio investments and $0.8 million net income attributable to investments in corporate notes, cash equivalents and fee income from third parties and affiliates.  Operating expenses for the quarter ended June 30, 2010 were $3.0 million and included $1.4 million of advisory and management fees, $0.3 million of interest expense and credit facility fees and $1.3 million of general and administrative expenses. The resulting net investment income, including a $0.2 million benefit for income taxes, was $3.3 million.

For the three months ended June 30, 2010, the Company experienced net unrealized appreciation before income taxes of $0.9 million, consisting of a $0.7 million increase in targeted portfolio fair value and a $0.2 million increase in the fair value of corporate notes. The increase in targeted portfolio fair value was largely a result of changes in the estimated current market values of underlying assets.

Overall, the Company had a net increase in stockholders' equity (net assets) resulting from operations of $3.9 million, or $0.18 per common share, for the three months ended June 30, 2010 and dividends declared during the period of $0.17 per common share, resulting in stockholders' equity (net assets) per common share of $11.18 as of  June 30, 2010.

NGP Capital Resources Company Schedules Earnings Teleconference

Form 10-Q/A NGP Capital Resources For: Sep 30

Form 10-Q/A NGP Capital Resources For: Jun 30

Form 10-Q/A NGP Capital Resources For: Sep 30

NGP Capital (NGPC) Declares $0.17 Quarterly Dividend; 9% Yield

NGP Capital Resources Company Announces Declaration of Quarterly Dividend

Form 8-K NGP Capital Resources For: Jun 17

On June 17, 2010, the Registrant issued a press release announcing the declaration of a dividend of $0.17 per share of common stock. The record date for the dividend is June 30, 2010, and it will be paid on July 9, 2010. The text of the press release is included as Exhibit 99.1 to this current report on Form 8-K.

The information disclosed under this Item 7.01, including Exhibit 99.1 hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.

Form 4 NGP Capital Resources For: Jun 01 Filed by: BLESSING EDWARD W