NRP · Natural Resource Partners LP
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 5, 2026TL;DR. NRP generated $41.7 million of Q2 free cash flow and $162.8 million LTM before the soda ash investment, repaid its Opco credit facility leaving only $14 million of debt, and plans a significant distribution increase in November; Mineral Rights revenue rose $6.1 million on higher met/thermal volumes, but the Soda Ash segment posted a $5.0 million net loss with no distributions expected for several years.
- + Q2 free cash flow of $41.7 million and LTM free cash flow of $162.8 million before soda ash investment
- + Repaid Opco credit facility, leaving only $14 million of debt outstanding
- + Mineral Rights revenue increased $6.1 million on higher metallurgical and thermal coal volumes and prices
- − Soda Ash segment posted a $5.0 million net loss versus $2.5 million net income a year ago, with no distributions expected for several years
- − Mineral Rights net income decreased $3.5 million year-over-year due to higher depletion rates
- − Domestic soda ash prices expected to decline as the international-domestic price gap closes through 2027 contract negotiations
- − Long-term thermal coal headwind from increasingly competitive renewables
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
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| Adjusted EBITDA non-GAAP | $154.43M | Last 12 Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net income $106.7M
+$16.81M Add (Less): equity in (earnings) loss from unconsolidated investment
+$0K Add: total distributions from unconsolidated investment
+$4.96M Add: interest expense, net
+$25.96M Add: depreciation, depletion and amortization
+$0K Add: asset impairments
= Adjusted EBITDA $154.43M
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| Combined average coal royalty revenue per ton | $4.37 | Six months ended June 30, 2026 | — |
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| Free cash flow non-GAAP | $123.63M | Last 12 Months Ended June 30, 2026 | — |
| Free cash flow before investment in soda ash business non-GAAP | $162.83M | Last 12 Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Free cash flow $123.63M
+$39.2M Add: investment in soda ash business
= Free cash flow before investment in soda ash business $162.83M
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| Leverage Ratio non-GAAP | 0.2 | As of June 30, 2026 | — |
| Total coal sales volumes | 14.76M | Six months ended June 30, 2026 | — |
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Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Thermal Coal — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
NRP
this stock
Natural Resource Partners LP
|
$1.51B | +9.1% | +54.7% | — | 2.1% |
|
CNR
Core Natural Resources, Inc.
|
$4.33B | -1.4% | -12.9% | 43.2 | 3.7% |
|
ADOOY
Adaro Energy PT/ADR/
|
$3.49B | +16.6% | — | — | 0.0% |
|
ARLP
Alliance Resource Partners LP
|
$3.30B | +10.3% | +11.5% | — | 1.2% |
|
BTU
Peabody Energy Corp
|
$2.76B | -23.7% | -8.9% | — | 9.5% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| NRP | +2.0% | +3.8% | -2.6% | +4.8% | +9.1% |
| SPY | -1.2% | -0.6% | +8.1% | +0.8% | +12.8% |
| vs SPY | +3.1% | +4.4% | -10.7% | +4.0% | -3.6% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.