Natural Resource Partners L.P.

Natural Resource Partners L.P.

NRP
Natural Resource Partners L.P.US flagNew York Stock Exchange
105.99
USD
-3.20
- -
1.40BMarket Cap
Natural Resource Partners L.P.
NRP
(New York Stock Exchange)

Recent

price

105.99

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
36.79
35.62
35.76
29.56
27.2
31.3
17.18
16.53
16.57
17.15
10.53
15.75
26.28
23.27
18.87
15.41
14.74
Revenue per Share
15.37
4.99
19.72
15.39
9.42
-45.75
7.79
5.06
8.77
-4.35
-9.2
6.14
18.72
15.59
11.69
10.18
8.62
Basic EPS, GAAP
30.85
28.78
8.51
15.98
17.95
15.81
8.82
10.38
15.43
11.19
7.28
9.87
21.37
24.64
19.13
12.63
12.5
Free Cash Flow per Basic Share
25.62
22.15
22.45
22.5
14.31
5.87
1.84
2.56
4.31
5.15
3.21
3.1
5.18
7.29
6.05
4.3
3.19
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
80.97
53.74
51.56
50.18
53.63
1.31
7.77
17.56
44.33
39.36
29
34.35
50.25
44.74
41.44
47.27
47.3
Tangible Book Value per Share
8
11
11
11
11
12
12
12
12
12
12
12
12
13
13
13
13
Basic Weighted Avg Shares
301
378
379
324
308
383
210
202
203
210
129
194
328
294
245
202
194
Sales/Revenue/Turnover
65.05
70.29
71.14
62.6
51.78
41.09
60.87
66.98
66.61
69.38
62.57
67.32
75.84
73.81
71.95
68.91
66.94
Operating Margin (%)
57
65
58
64
59
57
29
23
22
15
9
19
23
18
16
15
19
Depreciation Expense
128
54
213
172
109
-572
97
89
140
-24
-85
109
268
278
184
136
116
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
42.63
14.3
56.27
53.12
35.32
-149.34
46.11
43.82
68.82
-11.63
-65.75
56.06
81.84
94.82
74.95
67.39
59.71
Profit Margin (%)
74
197
78
12
-12
-15
-84
-29
94
69
56
98
23
5
32
28
31
Working Capital
661
836
897
1,084
1,394
1,207
990
730
558
470
432
394
129
124
128
19
46
LT Debt
825
645
617
617
720
73
148
435
585
501
373
440
642
578
551
633
633
Total Equity
13.26
17.45
17.25
11.93
7.99
- -
9.73
10.78
10.84
- -
- -
15.27
29.69
28.26
24.9
20.67
18.59
Return on Invested Capital (%)
25.03
13.02
28.75
21.97
14.27
- -
15.55
16.21
25.37
- -
- -
32.66
97.96
180.95
134.08
164.83
122.56
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
14
14
14
LT Borrowings
55
19
46
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
1,376
1,371
1,591

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
62
61
60
Cash, Cash Equivalents & STI
31
30
32
Accounts Receivable, Net
30
29
27
Inventories
- -
- -
- -
Total Current Liabilities
29
33
29
Payables & Accruals
10
12
7
ST Debt
14
14
14
Deferred Revenue
5
7
7

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
35.55%
12.81%
14.77%
Free Cash Flow
7.86%
23.74%
-33.25%
Net Income, GAAP
-7.67%
-27.59%
-25.74%
Sales/Revenue/Turnover
-0.85%
15%
-17.42%
Total Cash Common Dividend
93.13%
147.37%
14.99%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
71
57
52
65
245
2025
56
47
51
48
202
2026
47
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.13
2.33
2.04
3.21
11.69
2025
3.01
2.55
2.31
2.31
10.18
2026
1.46
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.46
0.97
0.89
0.76
6.05
2025
2
0.76
0.77
0.76
4.3
2026
0.89
- -
- -
- -
- -
Business
Natural Resource Partners L.P. (NRP), a master limited partnership founded in 2002 and headquartered in Houston, Texas, owns, manages, and leases a diversified portfolio of mineral properties across the United States, including coal reserves primarily in the Appalachia Basin, Illinois Basin, and Northern Powder River Basin; industrial minerals and aggregates; oil and gas properties in Louisiana; trona and soda ash through a 49% equity interest in Sisecam Wyoming LLC, one of the world's lowest-cost producers; and rights for carbon sequestration, lithium production, and renewable energy generation via geothermal, solar, and wind on approximately 13 million acres of land. The company operates in two principal segments, Mineral Rights and Soda Ash, leasing its assets to operators in exchange for royalty payments while owning related transportation and processing infrastructure for coal properties; it serves industries such as steel, energy, chemicals, construction, and carbon capture without direct mining or production activities. In 2024, NRP generated $251 million in free cash flow, fully redeemed all remaining 12% Class A Convertible Preferred Units and retired all outstanding warrants, reduced financial obligations to $142 million consisting solely of debt, increased its credit facility capacity by 29% to $200 million with maturity extended to 2029, and continued pursuing carbon-neutral initiatives amid the termination of a 2022 carbon sequestration lease with Exxon.

Company News

APIChat
  • Natural Resource Partners L.P. Announces 2025 Schedule K-3 Now Available

  • Natural Resource Partners Q1 Earnings Fall Y/Y on Soda Ash Weakness

  • Natural Resource Partners Q1 Earnings Call Highlights

  • Hedge Fund Bets Big on Minerals Stock, According to Recent SEC Filing

  • Natural Resource Partners L.P. Common Units (NRP) Q1 2026 Earnings Call Transcript

  • Natural Resource Partners L.P. Reports First Quarter 2026 Results and Declares First Quarter 2026 Distribution of $0.75 per Common Unit

  • The Zacks Analyst Blog Exxon, International Business Machines, Citigroup, Natural Resource Partners and Oil-Dri

  • Natural Resource Partners L.P. Schedules First Quarter 2026 Earnings Conference Call

  • NRP Q4 Earnings Decline Y/Y on Weak Coal, Soda Ash Prices

  • Natural Resource Partners L.P. 2025 Tax Information

  • Natural Resource Partners L.P. 2025 Form 10-K Now Available

  • Citigroup Inc. Has $10.22 Million Position in Natural Resource Partners LP $NRP

  • Natural Resource Partners L.P. Common Units (NRP) Q4 2025 Earnings Call Transcript

  • Natural Resource Partners L.P. Reports Fourth Quarter and Full Year 2025 Results and Announces Special Distribution

  • Natural Resource Partners L.P. Schedules Fourth Quarter and Full Year 2025 Earnings Conference Call

  • NRP Stock Jumps 19.5% in 3 Months: Should You Stay Invested?

  • Meixler Investment Management Ltd. Has $8.19 Million Position in Natural Resource Partners LP $NRP

  • Fairholme Fund's Strategic Moves: A Closer Look at The St. Joe Co

  • Natural Resource Partners L.P. Declares Fourth Quarter 2025 Distribution

  • Natural Resource Partners LP $NRP Stake Cut by Ballast Asset Management LP