NRP · NYSE · Coal

Natural Resource Partners (NRP)

Monetizes U.S. mineral rights and holds a Sisecam Wyoming soda-ash interest.

$108.33
vs last close−1.43 (−1.30%)
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Natural Resource Partners L.P.NRP
Energy

Monetizes U.S. mineral interests through leases and royalties instead of running mines. Its current two segments pair Mineral Rights with a non-controlling Sisecam Wyoming soda-ash interest, while underlying rights also create documented carbon-sequestration and renewable-energy opportunities.

Owns, manages and leases mineral interests across the United States rather than operating extraction sites. Its Mineral Rights segment earns lease and royalty income from properties tied to coal and other natural resources. The estate’s subsurface rights support documented carbon-sequestration and renewable-energy opportunities. The property-owner model leaves extraction to lessees.

The Soda Ash segment consists of a 49 percent non-controlling interest in Sisecam Wyoming’s soda-ash operation. The partnership is managed through a layered general-partner structure, and its properties are supported by employees of general-partner affiliates rather than a conventional direct workforce.

Company facts

CEOCorbin J. Robertson, Jr.
ListedOct 11, 2002
ExchangeNYSE
HeadquartersHouston, TX
CountryUnited States
Employees51
CIK0001171486
ISINUS63900P6088

Market cap$1.45B
EPS (ttm)$7.84
P/E (ttm)14.00
ROE16.8%
P/B2.24
P/S7.51
Dividend yieldDiv yield2.73%
Beta−0.01vs XLE 0.09

No analyst consensus on record.

Next report
Nov 4, 26
in 42 days
EPS estimate
−$0.02
Revenue estimate
$34.0M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$3.15$2.97$2.52$2.28$2.27$1.44$1.85Pending
Estimate$1.60$0.25$0.30−$0.02
Surprise+41.9%+476.0%+516.7%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$64.8M$55.7M$46.8M$49.9M$48.4M$47.2M$48.1MPending
Estimate$54.9M$37.8M$37.7M$34.0M
Surprise−11.8%+24.8%+27.6%
Estimate−$0.02
ReportedDue Nov 4, 2026
Estimate$34.0M
ReportedDue Nov 4, 2026
View details

Debt to equity4.20%
Current ratio211.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$52.2M$64.8M$55.7M$46.8M$49.9M$48.4M$47.2M$48.1M
Net income$38.6M$42.8M$40.3M$34.2M$30.3M$30.4M$19.2M$24.7M
Net margin73.9%66.0%72.3%73.0%60.7%62.8%40.8%51.3%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$42.8M$46.3M$42.9M$36.6M$32.7M$33.8M$28.4M$26.2M
YoY growth−36.8%−32.8%−28.1%−27.4%−23.6%−26.9%−33.8%−28.3%

Balance sheet, Jun 30, 2026Cash & short-term investments $30.1M · Total debt $27.4M · Total assets $757.5M · Shareholders' equity $650.1M

Revenue
$48.1M
Operating income
$26.2M
Net income
$24.7M
View details

Dividend yield
2.73%
Next ex-date
Nov 18, 26
estimated · in 56 days
Annual dividend
$3.00
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26
Dividend$0.75$0.75$0.75$0.75$0.75$0.75$0.75$0.75
Annual yield2.86%2.98%3.19%2.92%2.92%2.42%2.93%2.92%
Ex-dateNov 19Feb 18May 20Aug 19Nov 18Feb 17May 19Aug 18
Payment dateNov 26Feb 25May 27Aug 26Nov 25Feb 24May 26Aug 25
View details

Institutions36.99%4.90M shares
83 holders · as of Jun 30, 2026
Insiders16.39%2.17M shares
13 holders · as of Aug 28, 2026
Other46.62%6.18M shares
remainder

13.25M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Morgan StanleyInstitution
8.11%1.07Mas of Jun 30, 2026
Steven A. TananbaumInsider
6.13%812,089filed Feb 11, 2021
Corbin J. Jr RobertsonInsiderdirector, 10 percent owner, officer: Chairman and CEO
5.76%763,658filed Feb 12, 2026
Goldman Sachs Group IncInstitution
4.59%608,121as of Jun 30, 2026
Ci Private Wealth, LLCInstitution
4.47%592,072as of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 28, 2026Gregory F. Wootenofficer: Executive Vice President−2,200$110.89
May 26, 2026Kevin J. Craigofficer: Executive Vice President+336$102.18
View details

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