Natural Resource Partners

NRP

Market cap $1.37B

NRP's Q3 earnings fall y/y as weak coal and soda ash prices hurt revenues, though strong cash flow and debt reduction continue.

Natural Resource Partners L.P. Common Units ( NRP ) Q3 2025 Earnings Call November 4, 2025 9:00 AM EST Company Participants Tiffany Sammis - Investor Relations Craig Nunez - President & COO of GP Natural Resource Partners LLC Christopher Zolas - Chief Financial Officer of GP Natural Resource Partners LLC Conference Call Participants David Spier Neil Patel Presentation Operator Thank you for standing by.

HOUSTON, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Natural Resource Partners L.P. (NYSE:NRP) today reported third quarter 2025 results as follows:   For the Three MonthsEnded   Last Twelve MonthsEnded (In thousands) (Unaudited) September 30, 2025 Net income $ 30,905     $ 148,141   Operating cash flow   41,095       187,318   Free cash flow(1)   41,823       190,146             (1) See "Non-GAAP Financial Measures" and reconciliation tables at the end of this release.

HOUSTON, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Natural Resource Partners L.P. (NYSE: NRP) plans to report its third quarter 2025 financial results before the market opens on Tuesday, November 4, 2025.

No new coal plants have been permitted since 2010, while 290 plants have closed. Europe's phase-outs remain despite energy shocks, but China's 60% reliance on coal underscores its enduring global role.

Natural Resource Partners L.P. NRP has been upgraded to “Neutral” as the partnership's improving balance sheet and consistent cash flow are mitigating the impacts of weak commodity pricing.

I rate Natural Resource Partners a Strong Buy due to its improved balance sheet, disciplined management, and debt-free status potentially coming soon. NRP's transition to a royalty-focused model and prudent capital allocation set the stage for double-digit yields and substantial unitholder returns by 2026. While coal faces long-term headwinds, NRP's exposure to metallurgical coal and natural soda ash, plus diversification potential, provide resilience and upside.

NRP Q2 earnings drop on lower coal and soda ash prices, but strong cash flow keeps debt paydown and higher 2026 payouts on track.

NRP Net Income Drops 26%

Natural Resource Partners L.P. Common Units (NYSE:NRP ) Q2 2025 Earnings Conference Call August 6, 2025 9:00 AM ET Company Participants Christopher J.