Natural Resource Partners L.P.

Natural Resource Partners L.P.

NRPยทNYSE

$105.99

-2.9%
EnergyCoal

Natural Resource Partners L.P., through its subsidiaries, owns, manages, and leases a portfolio of mineral properties in the United States. It operates through two segments, Mineral Rights and Soda Ash. The company owns interests in coal, soda ash, trona, and other natural resources. Its coal reserves are primarily located in Appalachia, the Illinois Basin, and the Northern Powder River Basin in the United States; industrial minerals and aggregates properties are located in the United States; oil and gas properties located in Louisiana; timber assets located in West Virginia; and trona ore mining operation and soda ash refinery are located in the Green River Basin, Wyoming. The company leases a portion of its reserves in exchange for royalty payments; and owns and leases transportation and processing infrastructure related to coal properties. NRP (GP) LP serves as the general partner of the company. Natural Resource Partners L.P. was incorporated in 2002 and is headquartered in Houston, Texas.

At a Glance

Live Snapshot
Market Cap$1.40B
EPS10.1800
P/E Ratio10.41
Earnings Date08/05/2026
3Y-38.0%
5Y+86.0%
10Y+54.0%
3Y+77.0%
5Y+184.0%
10Y-97.0%
3Y-53.0%
5Y+91.0%
10Y-40.0%
NRP

Natural Resource Partners L.P. Cash Conversion Engine

NRP ยท NYSE
Net Income136.37M
Depreciation & Amortization14.96M
Stock-Based Compensation11.12M
Change in Working Capital3.10M
Others327.00K
Capital Expenditures0.00
Free Cash Flow165.86M

Cash Flow Quality Analysis

FCF Conversion Rate

121.6%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

FCF Growth Trend

-33.3%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$3.10M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

Natural Resource Partners L.P. Cash Flow Statement

NRP โ€ข NYSE

Natural Resource Partners L.P. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
136.4M
183.6M
278.4M
268.5M
108.9M
-84.8M
-25.4M
122.4M
89.2M
95.2M
-571.7M
108.8M
172.1M
213.4M
54M
154.5M
114.1M
170M
102.5M
102.1M
15M
15.5M
18.5M
22.5M
19.1M
9.2M
14.9M
21.7M
36M
43.1M
100.8M
79.9M
64.4M
58.2M
65.1M
57M
60M
64.3M
51.4M
29.7M
0.0
0.0
0.0
0.0
-19.1M
0.0
-14.9M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
11.1M
11.3M
10.9M
5.8M
4M
3.6M
2.4M
1.4M
18K
1.2M
-3.4M
1M
9.6M
2.9M
0.0
0.0
0.0
0.0
0.0
0.0
327K
18.6M
9.2M
2.4M
18.2M
145.8M
181.8M
51.4M
22.6M
14.1M
667.6M
24.1M
-26.2M
-10.4M
158.9M
540K
1.5M
311K
-793K
-3.1M
3.1M
19.4M
-6.1M
-32.3M
-9.3M
15.5M
-21.5M
13.7M
-20.7M
-44.5M
6.7M
-2M
36.8M
10.2M
27.5M
46.7M
35.1M
-4.6M
15.1M
10.2M
165.9M
248.5M
311M
266.8M
121.8M
89.3M
137.3M
188.9M
127.1M
108M
203.4M
210.8M
247.1M
271.4M
305.6M
258.7M
210.7M
230M
168.2M
138.8M
INVESTING ACTIVITIES
(0.0)
(0.0)
-10K
-118K
(0.0)
(0.0)
-22K
(0.0)
-7.3M
-5.4M
-50.9M
-358.5M
-72M
-181.2M
-120.6M
-172.4M
-119.9M
-16.1M
-74.8M
-264.8M
(0.0)
(0.0)
(0.0)
(0.0)
(249K)
-1M
(6.5M)
(2.4M)
(1.2M)
(62.4M)
(14.5M)
-169M
-293.1M
-59M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-359.7M
-293.1M
-59M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.6M
0.0
0.0
3.6M
341.9M
118M
0.0
0.0
0.0
0.0
0.0
0.0
4.8M
7.5M
5.4M
2.8M
2.2M
2.7M
1.1M
190.6M
10.8M
172.2M
20.6M
363M
13.5M
-31.5M
5.5M
1.6M
-119.9M
6.2M
-4.8M
7.1M
(4.8M)
(7.5M)
(5.4M)
(2.7M)
(2.4M)
(1.7M)
(7.6M)
(190.6M)
(3.5M)
(166.8M)
-30.3M
-520.5M
-302.8M
-212.7M
-115.1M
-170.8M
-119.9M
-9.8M
-79.6M
-257.7M
FINANCING ACTIVITIES
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-8.8M
242.1M
0.0
0.0
127.2M
75M
0.0
0.0
110.4M
-21K
0.0
0.0
0.0
-109.1M
-13.2M
-13.6M
-269.4M
-39.4M
-46.2M
-163.1M
-140.7M
-311.6M
-178.4M
-66M
199.4M
180.8M
117.2M
174.5M
33.8M
162.8M
-17.2M
49.5M
229.7M
-56.4M
-78.5M
-92M
-64.6M
-38.2M
-39.4M
-63.2M
-52.3M
-30.9M
-22.5M
-71.8M
-163M
-241.6M
-240.8M
-234.8M
-209.8M
-188.1M
-171.3M
-147M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-8.8M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-21K
(0.0)
(0.0)
(0.0)
-5.4M
-74.2M
-59.6M
-12.6M
-10.9M
0.0
-26.4M
-62.6M
-40.4M
-85.3M
-33.7M
102.8M
59.6M
-559K
-10.7M
-9.4M
-72.7M
0.0
1.4M
-92.4M
-170.9M
-237.5M
-343.5M
-366M
-88.5M
-89.4M
-252.7M
-203.3M
-141.2M
-286.2M
-171.5M
267.3M
-1.2M
-124.2M
-71.1M
-75M
-98.1M
-188.5M
-96.2M
137.2M
CASH FLOW SUMMARY
-303K
18.5M
-27.1M
-96.4M
35.7M
1.5M
-107.8M
176.2M
-10.5M
-11.4M
1.7M
-42.4M
-56.9M
-65.5M
119.4M
12.9M
-7.3M
31.6M
-7.7M
18.4M
30.4M
12M
39.1M
135.5M
99.8M
98.3M
206M
29.8M
40.4M
51.8M
50.1M
92.5M
149.4M
214.9M
95.5M
82.6M
89.9M
58.3M
66M
47.7M
30.1M
30.4M
12M
39.1M
135.5M
99.8M
98.3M
206M
29.8M
40.4M
51.8M
50.1M
92.5M
149.4M
214.9M
95.5M
82.6M
89.9M
58.3M
66M
165.9M
248.5M
311M
266.7M
121.8M
89.3M
137.3M
188.9M
119.8M
102.6M
152.6M
-147.7M
175.1M
90.2M
185M
86.3M
90.8M
213.9M
93.3M
-125.9M

SEC Filings

NRP - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 06, 2026
May 06, 2026
2026
10-K

10-K 2025 FY

FY

February 27, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 27, 2026
February 27, 2026
2026
8-K

8-K 2025

N/A

November 04, 2025
November 04, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 04, 2025
September 30, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 06, 2025
June 30, 2025
2025
8-K

8-K 2025

N/A

August 06, 2025
August 06, 2025
2025
10-Q

10-Q 2025 Q1

Q1

May 06, 2025
March 31, 2025
2025
8-K

8-K 2025

N/A

May 06, 2025
May 06, 2025
2025
Showing 1 to 10 of 383 filings