Empire Petroleum is gaining momentum with rising production, lower debt and fresh capital, while Natural Resource Partners remains pressured by prolonged weakness in the soda ash markets.
Natural Resource Partners L.P. Common Units (NRP) Q1 2026 Earnings Call Transcript
Natural Resource Partners reports lower y/y earnings in Q4, as weak coal and soda ash prices weigh on revenues, though strong free cash flow supports continued debt reduction.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TMB Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 175 | $18,375 | $17,070.37 | -$1,304.63 | -7.1% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 189 | $22,869 | $18,373.63 | -$4,495.37 | -19.66% |
Jeff Ameen Spire Wealth Management | 200 | $24,200 | $19,698 | -$4,502 | -18.6% |
Jeffrey McClean Solidarity Wealth LLC | 235,184 | $24.63M | $23.07M | -$1.56M | -6.35% |
Bridget Fagerholt MAS Advisors LLC | 3,449 | $307,968.54 | $338,295.16 | $30,326.62 | 9.85% |
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Corbin J. Robertson Jr. CEO | NYSE Exchange | 63900P608 CUSIP |
| US Country | 56 Employees | 19 May 2026 Last Dividend | 19 Apr 2007 Last Split | 11 Oct 2002 IPO Date |
Natural Resource Partners L.P. (NRP), established in 2002 and based in Houston, Texas, is a diversified natural resource company engaged in owning, managing, and leasing a variety of mineral properties across the United States. The company operates through two primary segments: Mineral Rights and Soda Ash. NRP's portfolio includes interests in coal, soda ash, trona, and other natural resources, with property locations spanning the Appalachia Basin, the Illinois Basin, and the Northern Powder River Basin, among other locations. Additionally, the company holds industrial minerals and aggregates properties, as well as oil and gas properties in Louisiana. Natural Resource Partners L.P. is noted for its strategic leasing of reserves in exchange for royalty payments and for owning and leasing essential transportation and processing infrastructure related to coal properties. NRP (GP) LP acts as the general partner, overseeing the company's operations.
NRP owns significant coal reserves across major coal basins in the United States, particularly in the Appalachia Basin, the Illinois Basin, and the Northern Powder River Basin. The company leases these reserves to third parties in exchange for royalty payments, focusing on maximizing revenue while minimizing operational responsibilities.
Aside from coal, the company has interests in soda ash and trona resources, crucial materials in glass manufacturing and various other industrial processes. These resources add a pivotal diversification to NRP's portfolio, contributing to its revenue from industrial minerals.
Natural Resource Partners L.P. also holds properties related to industrial minerals and aggregates within the United States. These materials are essential for construction and infrastructure projects, indicating NRP's investment in a broad range of natural resources beyond its primary coal interests.
Enhancing its diversified portfolio, NRP owns and manages oil and gas properties located in Louisiana. This aspect of the business allows the company to partake in the energy sector beyond coal, adapting to the evolving energy landscape through investments in oil and gas.
A significant part of NRP's business model involves leasing a portion of its reserves to third parties for royalty payments. Furthermore, the company owns and leases critical transportation and processing infrastructure related to its coal properties, ensuring seamless operations and revenue generation from its assets.