Natural Resource Partners

NRP

Market cap $1.38B

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.

HOUSTON--(BUSINESS WIRE)--Natural Resource Partners L.P. (NYSE:NRP) today reported second quarter 2025 results as follows:     For the Three Months Ended     Last Twelve Months Ended   (In thousands) (Unaudited)   June 30, 2025   Net income   $ 34,211     $ 155,831   Operating cash flow     45,579       200,368   Free cash flow (1)     46,293       203,141   __________________________ (1) See "Non-GAAP Financial Measures" and reconciliation tables at the end of this release. Highlights: Generat.

HOUSTON--(BUSINESS WIRE)--Natural Resource Partners L.P. (NYSE: NRP) plans to report its second quarter 2025 financial results before the market opens on Wednesday, August 6, 2025. Management will host a conference call beginning at 9:00 a.m. ET to discuss the results. To register for the conference call please use this link: https://registrations.events/direct/Q4I1544858. After registering, a confirmation will be sent via email and include dial-in details and unique conference call codes for e.

HOUSTON--(BUSINESS WIRE)--Natural Resource Partners L.P. (NYSE: NRP) announced today that its 2024 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders may access the information at www.taxpackagesupport.com/naturalresource. A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Sched.

NRP's Q1 earnings drop amid falling coal and soda ash prices despite a strong free cash flow and ongoing debt reduction efforts.