Company Overview
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. It owns interests in coal, soda ash, trona, and other natural resources. The company's 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. It leases a portion of its reserves in exchange for royalty payments; and owns and leases transportation and processing infrastructure related to coal properties. Natural Resource Partners L.P. was incorporated in 2002 and is headquartered in Houston, Texas.
Why Investors Should Care
Generates a return on equity of 17.2%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 19.5%.
Trades at a P/E of 14.4, below the sector median of 15.8.
Maintains a net profit margin of 52.3%.
Offers a dividend yield of 2.74%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $202.34M (-17.4% YoY); net profit $136.37M.
- Trailing 12 Months Year-on-year growth — revenue +13.1%, earnings -26.6%.
- 5-Year Trend Long-term compounding — revenue CAGR -2.3%, profit CAGR -1.4%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -2.26% |
| 1 Year: | 13.10% |
Compounded Profit Growth
| 5 Years: | -1.37% |
| 1 Year: | -26.60% |
Stock Price Performance
| 1 Year: | +12.75% |
| 6 Months: | -4.50% |
| 3 Months: | +9.20% |
| 1 Month: | +6.69% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)74.01 · Overbought
P/E of 14.45 is below the sector median of 15.76 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Excellent profit margin of 52.3%.
- Attractive dividend yield of 2.74%.
- Generates positive free cash flow.
CONS
- Revenue declined at -2.3% CAGR over 5 years.
- Earnings shrank at -1.4% CAGR over 5 years.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Energy).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | NRP Natural Resource Partners L.P. | 113.29 | 14.45 | $1.50B | 2.74% | 19.49% | 17.20% | -2.26% | -1.37% |
| 2 | XOM ExxonMobil Holdings Corporation SPXR3K | 160.66 | 20.68 | $660.62B | 2.52% | 9.01% | 12.58% | 0.48% | -1.99% |
| 3 | CVX Chevron Corporation SPXR3K | 209.80 | 20.19 | $411.54B | 3.39% | - | 12.23% | -1.00% | -2.30% |
| 4 | TTE TotalEnergies SE | 90.10 | 11.28 | $199.03B | 4.63% | 10.04% | 14.48% | -11.53% | -13.84% |
| 5 | COP ConocoPhillips SPXR3K | 135.04 | 17.86 | $162.23B | 2.49% | 10.31% | 14.18% | -9.11% | -24.66% |
| 6 | MPC Marathon Petroleum Corporation SPXR3K | 397.77 | 13.80 | $116.12B | 0.95% | 12.90% | 42.10% | 6.91% | 14.73% |
| 7 | BP BP p.l.c. | 44.88 | 21.47 | $115.58B | 4.49% | 7.99% | 8.87% | -7.78% | - |
| 8 | ENB Enbridge Inc. | 50.48 | 26.99 | $110.25B | 5.55% | 5.84% | 9.22% | 6.94% | 35.62% |
| 9 | VLO Valero Energy Corporation SPXR3K | 369.75 | 15.43 | $106.46B | 1.16% | 9.83% | 27.64% | 6.23% | -4.61% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | 49.86M | 52.92M | 49.37M | - | 55.10M | 69.89M | 43.78M | - | 33.94M | 33.60M | 27.94M | 35.12M | 35.79M | 47.88M | 71.08M | 79.33M | 81.38M | 76.27M | 61.01M | 68.53M | 65.57M | 54.59M | 50.41M | - | 55.68M | 46.85M | 51.41M | 48.40M | 47.18M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 17.60M | 13.51M | 17.25M | 14.56M | 18.76M | - |
| Operating Income | -307.83M | 32.58M | 48.99M | 70.74M | 38.91M | 27.11M | 38.12M | 47.52M | 43.05M | 47.86M | 44.24M | 52.86M | 43.35M | 52.09M | 49.94M | 60.84M | 49.59M | -109.06M | 29.09M | -115.17M | 17.47M | 18.35M | 25.07M | 39.15M | 73.29M | 78.98M | 82.18M | 82.13M | 73.83M | 67.68M | 59.70M | 50.41M | 42.79M | - | 38.08M | 33.34M | 34.17M | 33.84M | 28.42M | 26.23M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 46.91M | 40.34M | 36.55M | 35.50M | 28.21M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.67M | 2.38M | 1.78M | 1.16M | 973.00K | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 40.25M | 34.21M | 30.91M | 31.00M | 19.62M | - |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | -598.76M | -21.79M | 23.43M | 46.45M | 23.53M | 3.49M | 5.90M | 25.99M | 26.07M | 30.71M | 24.34M | 37.24M | 28.90M | 49.06M | 35.72M | 19.35M | 39.17M | -118.70M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 40.25M | 34.21M | 30.91M | 31.00M | 19.62M | - |
| Diluted EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.97 | 2.52 | 2.28 | 2.27 | 1.44 | - |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 291.67M | 256.08M | 301.40M | 377.68M | 379.15M | 358.12M | 349.53M | 432.75M | 250.18M | 242.78M | 202.76M | 210.35M | 120.17M | - | 328.08M | 293.66M | 245.03M | 202.34M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 19.07M | 22.52M | 18.49M | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | 175.17M | 305.57M | 275.17M | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 79.27M | 76.92M | 68.72M | 62.91M |
| Operating Income | 197.01M | 153.97M | 196.06M | 104.14M | 267.17M | 236.24M | 176.14M | -170.43M | 181.16M | 176.56M | 192.54M | 51.32M | -43.85M | - | 248.81M | 216.74M | 176.31M | 139.43M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 317.29M | 311.03M | 214.73M | 159.31M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 26.27M | 14.10M | 15.55M | 7.98M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 268.49M | 278.44M | 183.64M | 136.37M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | 170.01M | 114.08M | 154.46M | 54.03M | 213.35M | 172.08M | 108.83M | -571.72M | 96.89M | 88.67M | 139.54M | -24.46M | -84.82M | - | 268.49M | 278.44M | 183.64M | 136.37M |
| Diluted EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13.39 | 13.08 | 11.35 | 10.04 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 1.52B | 1.66B | 1.67B | 1.76B | 1.99B | 2.44B | 1.67B | 1.45B | 1.39B | 1.34B | 1.09B | 921.88M | - | 877.13M | 797.88M | 772.91M | 748.37M |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 83.61M | 55.29M | 63.87M | 60.91M |
| Cash & Equivalents | 58.34M | 89.93M | 82.63M | 95.51M | 214.92M | 149.42M | 92.31M | 48.97M | 41.20M | 40.37M | 26.98M | 101.84M | 98.27M | 99.79M | - | 39.09M | 11.99M | 30.44M | 30.14M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 42.70M | 41.09M | 31.47M | 28.67M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | 1.30B | 953.92M | 756.51M | 585.29M | 549.02M | - | 235.09M | 219.64M | 221.80M | 115.85M |
| Current Liabilities | - | - | 57.39M | 56.93M | 59.49M | 117.81M | 123.39M | 147.93M | 136.41M | 189.15M | 120.55M | 148.75M | 62.71M | 61.37M | - | 60.23M | 49.84M | 31.86M | 32.99M |
| Long Term Debt | - | - | 626.59M | 661.07M | 836.27M | 897.04M | 1.08B | 1.37B | 1.19B | 990.23M | 729.61M | 557.57M | 470.42M | 432.44M | - | 129.21M | 124.27M | 127.88M | 18.88M |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 168.28M | 155.06M | 142.07M | 33.08M |
| Total Equity | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12.51M | 12.63M | 13.05M | 13.14M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 229.96M | 210.67M | 258.69M | 305.57M | 271.41M | 247.07M | 210.75M | 203.42M | 107.96M | 127.14M | 188.92M | 137.31M | 89.27M | - | 266.84M | 310.98M | 248.49M | 165.86M |
| Investing Cash Flow | -9.83M | -119.91M | -170.80M | -115.09M | -212.73M | -302.76M | -520.50M | -30.27M | 166.81M | 3.54M | 190.63M | 7.59M | 1.68M | - | 2.69M | 5.42M | 7.51M | 4.77M |
| Financing Cash Flow | -188.54M | -98.05M | -75.03M | -71.07M | -124.17M | -1.22M | 267.31M | -171.46M | -286.18M | -141.23M | -203.35M | -252.67M | -89.43M | - | -365.95M | -343.50M | -237.55M | -170.93M |
| Capital Expenditure | -10.57M | -1.16M | -5.99M | -404.00K | -681.00K | -0 | -2.45M | -9.61M | -28.00K | -0 | -0 | - | -0 | - | -118.00K | -10.00K | - | - |
| Free Cash Flow | 219.39M | 209.51M | 252.70M | 305.17M | 270.73M | 247.07M | 208.30M | 193.82M | 107.93M | 127.14M | 188.92M | - | 89.27M | - | 266.72M | 310.97M | 248.49M | 165.86M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -96.43M | -27.10M | 18.45M | -303.00K |
Ratios (Annual)
Figures in %.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 93.1% | 93.7% | - | - |
| Operating Margin % | 67.5% | 60.1% | 65.0% | 27.6% | 70.5% | 66.0% | 50.4% | -39.4% | 72.4% | 72.7% | 95.0% | 24.4% | -36.5% | - | 75.8% | 73.8% | 72.0% | 68.9% |
| Net Margin % | 58.3% | 44.5% | 51.2% | 14.3% | 56.3% | 48.1% | 31.1% | -132.1% | 38.7% | 36.5% | 68.8% | -11.6% | -70.6% | - | 81.8% | 94.8% | 74.9% | 67.4% |
| ROE % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| ROCE % | - | 10.5% | 12.2% | 6.5% | 16.2% | 12.6% | 7.7% | -11.1% | 14.4% | 13.9% | 16.1% | 5.0% | -5.1% | - | 30.5% | 29.0% | 23.8% | 19.5% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Morgan Stanley | 8.11% | 1.07M | $117.42M |
| 2 | Goldman Sachs Group Inc | 4.59% | 608.12K | $66.46M |
| 3 | Corient Private Wealth LP | 4.47% | 592.07K | $64.70M |
| 4 | UBS Group AG | 2.64% | 349.15K | $38.16M |
| 5 | Solidarity Wealth, LLC | 1.97% | 260.48K | $28.47M |
| 6 | Progeny 3, Inc. | 1.73% | 229.46K | $25.08M |
| 7 | Saber Capital Managment, LLC | 1.62% | 215.22K | $23.52M |
| 8 | ING Groep N.V. | 1.50% | 198.40K | $21.68M |
| 9 | Long Corridor Asset Management Ltd | 0.91% | 120.00K | $13.11M |
| 10 | Eubel Brady & Suttman Asset Management Inc | 0.89% | 117.50K | $12.84M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for NRP
Natural Resource Partners Q2 Earnings Fall Y/Y on Soda Ash Weakness
The NRP stock gains 6.2% after reporting Q2 results, as rising coal volumes and lower debt partly offset weaker soda ash performance and lower earnings.
What Makes Natural Resource Partners (NRP) a Strong Investment Bet?
Greystone Capital Management, an investment management company, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. During Q2 2026, Greystone Capital’s median account return was +7.2%, trailing beh…
Natural Resource Partners L.P. Schedules Second Quarter 2026 Earnings Conference Call
HOUSTON, July 22, 2026 (GLOBE NEWSWIRE) -- Natural Resource Partners L.P. (NYSE: NRP) plans to report its second quarter 2026 financial results before the market opens on Wednesday, August 5, 2026. Management will host a conference call beg…
Natural Resource Partners Q1 Earnings Call Highlights
Natural Resource Partners (NYSE:NRP) said it continued to generate cash despite weaker coal volumes and a severe downturn in soda ash markets, while management reiterated that deleveraging remains the partnership’s central capital allocatio…
Hedge Fund Bets Big on Minerals Stock, According to Recent SEC Filing
This royalty-based firm generates revenue from leasing mineral rights and direct soda ash production across key U.S. basins.
Natural Resource Partners L.P. Q1 2026 Earnings Call Summary
Moby summary of Natural Resource Partners L.P.'s Q1 2026 earnings call
NRP — Frequently Asked Questions
What is the current share price of Natural Resource Partners L.P. (NRP)?
As of 2026-09-19 21:16 PDT, Natural Resource Partners L.P. (NRP) trades at $113.29 on NYSE. Its 52-week range is $95.31 to $123.62.
What is the market capitalisation of NRP?
Natural Resource Partners L.P. (NRP) has a market capitalisation of $1.50B on NYSE.
What is the P/E ratio of NRP?
NRP trades at a trailing price-to-earnings (P/E) ratio of 14.45. The industry average P/E is 15.76. Its price-to-book (P/B) ratio is 2.27.
Does NRP pay a dividend?
Natural Resource Partners L.P. (NRP) currently offers a dividend yield of 2.74%.
What is the return on equity (ROE) of NRP?
NRP has a return on equity (ROE) of 17.20%. Its return on capital employed (ROCE) is 19.49%.
Is NRP a good stock to buy?
This page provides a data-driven analysis of Natural Resource Partners L.P. (NRP), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.