NRP on NYSE
NATURAL RESOURCE PARTNERS LP
American bituminous coal and lignite surface mining company based in Houston. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerNRP on NYSE2
- IndustryBituminous Coal & Lignite Surface Mining2
- HeadquartersHouston, United States2
- Incorporated inDE3
- Business address1415 Louisiana St. Ste 3325, Houston, Tx 770023
- Filer categoryLarge accelerated filer3
- Legal formLimited Partnership2
- Kind of organizationLimited partnership2
- LEI529900EECJ7CSX1S1S582
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressc/o CAPITOL SERVICES, INC., 1675 S STATE ST STE B, 19901 Houston, United States2
- Registered withDivision of Corporations, Department of State, 35119072
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2024
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Other costs21¢$48.7M
- Profit79¢$183.6M
Where each dollar of operating cash went, fiscal 2024
- Kept or used elsewhere100¢$248.5M
Out of $248.5M of cash from operations.4
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Equity in earnings of Sisecam Wyoming | $3.1M | $18.1M | $73.4M |
| Gain on asset sales and disposals | $1.9M | $4.8M | $3.0M |
| Total revenues and other income | $207.3M | $268.0M | $370.0M |
| Operating and maintenance expenses | $23.9M | $28.0M | $32.3M |
| Depreciation, depletion and amortization | $15.0M | $15.5M | $18.5M |
| General and administrative expenses | $24.1M | $25.2M | $26.1M |
| Asset impairments | $20.0K | $87.0K | $556.0K |
| Total operating expenses | $62.9M | $68.8M | $77.5M |
| Income from operations | $144.4M | $199.2M | $292.5M |
| Interest expense, net | -$8.0M | -$15.6M | -$14.1M |
| Net income | $136.4M | $183.6M | $278.4M |
| Less: income attributable to preferred unitholders | $0 | -$4.2M | -$16.7M |
| Less: redemption of preferred units | $0 | -$24.5M | -$60.9M |
| Net income attributable to common unitholders and the general partner | $136.4M | $154.9M | $200.8M |
| Net income attributable to common unitholders | $133.6M | $151.8M | $196.8M |
| Net income attributable to the general partner | $2.7M | $3.1M | $4.0M |
| Basic (in dollars per share) | $10 | $12 | $16 |
| Diluted (in dollars per share) | $10 | $11 | $13 |
| Comprehensive income (loss) from unconsolidated investment and other | -$2.3M | $1.5M | -$21.8M |
| Comprehensive income | $134.0M | $185.1M | $256.6M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 2 fiscal years (annual) or 2 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Cash and cash equivalents | $30.1M | $30.4M |
| Accounts receivable, net | $28.7M | $31.5M |
| Other current assets, net | $2.1M | $2.0M |
| Total current assets | $60.9M | $63.9M |
| Land | $24.0M | $24.0M |
| Mineral rights, net | $367.0M | $379.6M |
| Intangible assets, net | $11.9M | $12.9M |
| Equity in unconsolidated investment | $250.2M | $257.4M |
| Long-term contract receivable, net | $20.4M | $23.5M |
| Other long-term assets, net | $13.9M | $11.6M |
| Total assets | $748.4M | $772.9M |
| Accounts payable | $1.2M | $909.0K |
| Accrued liabilities | $10.9M | $12.1M |
| Accrued interest | $69.0K | $302.0K |
| Current portion of deferred revenue | $6.7M | $4.3M |
| Current portion of debt, net | $14.2M | $14.2M |
| Total current liabilities | $33.0M | $31.9M |
| Deferred revenue | $58.1M | $55.8M |
| Long-term debt, net | $18.9M | $127.9M |
| Other non-current liabilities | $5.9M | $6.2M |
| Total liabilities | $115.8M | $221.8M |
| Common unitholders interest (13,138,097 and 13,049,123 units issued and outstanding at December 31, 2025 and 2024, respectively) | $625.2M | $543.2M |
| General partners interest | $11.3M | $9.5M |
| Accumulated other comprehensive loss | -$4.0M | -$1.7M |
| Total partners' capital | $632.5M | $551.1M |
| Total liabilities and partners' capital | $748.4M | $772.9M |
| Common unitholders interest, issued (in shares) | 13.1M shares | 13.0M shares |
| Common unitholders interest, outstanding (in shares) | 13.1M shares | 13.0M shares |
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Cash and cash equivalents | $30.1M | $30.4M |
| Accounts receivable, net | $28.7M | $31.5M |
| Other current assets, net | $2.1M | $2.0M |
| Total current assets | $60.9M | $63.9M |
| Land | $24.0M | $24.0M |
| Mineral rights, net | $367.0M | $379.6M |
| Intangible assets, net | $11.9M | $12.9M |
| Equity in unconsolidated investment | $250.2M | $257.4M |
| Long-term contract receivable, net | $20.4M | $23.5M |
| Other long-term assets, net | $13.9M | $11.6M |
| Total assets | $748.4M | $772.9M |
| Accounts payable | $1.2M | $909.0K |
| Accrued liabilities | $10.9M | $12.1M |
| Accrued interest | $69.0K | $302.0K |
| Current portion of deferred revenue | $6.7M | $4.3M |
| Current portion of debt, net | $14.2M | $14.2M |
| Total current liabilities | $33.0M | $31.9M |
| Deferred revenue | $58.1M | $55.8M |
| Long-term debt, net | $18.9M | $127.9M |
| Other non-current liabilities | $5.9M | $6.2M |
| Total liabilities | $115.8M | $221.8M |
| Common unitholders interest (13,138,097 and 13,049,123 units issued and outstanding at December 31, 2025 and 2024, respectively) | $625.2M | $543.2M |
| General partners interest | $11.3M | $9.5M |
| Accumulated other comprehensive loss | -$4.0M | -$1.7M |
| Total partners' capital | $632.5M | $551.1M |
| Total liabilities and partners' capital | $748.4M | $772.9M |
| Common unitholders interest, issued (in shares) | 13.1M shares | 13.0M shares |
| Common unitholders interest, outstanding (in shares) | 13.1M shares | 13.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $136.4M | $183.6M | $278.4M |
| Depreciation, depletion and amortization | $15.0M | $15.5M | $18.5M |
| Distributions from unconsolidated investment | $7.8M | $38.8M | $81.5M |
| Equity in earnings from unconsolidated investment | -$3.1M | -$18.1M | -$73.4M |
| Gain on asset sales and disposals | -$1.9M | -$4.8M | -$3.0M |
| Asset impairments | $20.0K | $87.0K | $556.0K |
| Bad debt expense | $751.0K | $4.2M | $2.2M |
| Unit-based compensation expense | $11.1M | $11.3M | $10.9M |
| Amortization of debt issuance costs and other | -$3.3M | -$1.5M | $1.3M |
| Accounts receivable | $2.3M | $7.3M | -$164.0K |
| Accounts payable | $249.0K | $25.0K | -$1.1M |
| Accrued liabilities | -$3.6M | -$2.1M | -$225.0K |
| Accrued interest | -$233.0K | -$281.0K | -$406.0K |
| Deferred revenue | $4.6M | $17.2M | -$3.5M |
| Other items, net | -$190.0K | -$2.7M | -$698.0K |
| Net cash provided by operating activities | $165.9M | $248.5M | $311.0M |
| Proceeds from asset sales and disposals | $1.9M | $4.8M | $3.0M |
| Return of long-term contract receivable | $2.9M | $2.7M | $2.5M |
| Capital expenditures | $0 | $0 | -$10.0K |
| Net cash provided by investing activities | $4.8M | $7.5M | $5.4M |
| Debt borrowings | $46.7M | $167.8M | $248.8M |
| Debt repayments | -$155.8M | -$181.0M | -$262.4M |
| Redemptions of preferred units | $0 | -$71.7M | -$178.3M |
| Warrant settlements (See Note 4) | $0 | -$65.7M | -$56.1M |
| Other items, net | -$5.4M | -$8.5M | -$3.5M |
| Net cash used in financing activities | -$170.9M | -$237.5M | -$343.5M |
| Net increase (decrease) in cash and cash equivalents | -$303.0K | $18.5M | -$27.1M |
| Cash paid for interest | $8.0M | $15.5M | $13.9M |
No quarter-by-quarter statement was filed.
Leadership
Who has led NATURAL RESOURCE PARTNERS LP, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerPerry W. Donahoo Feb 14, 2018 to Dec 13, 201812
- Chief executive officerCorbin J. Robertson Jr. Feb 14, 2006 to Feb 14, 201813
- ChairCorbin J. Robertson Jr. Feb 14, 2006 to now13
- PresidentCraig W. Nunez Feb 14, 2018 to now14
- PresidentWyatt L. Hogan Oct 15, 2014 to Feb 15, 201715
- PresidentNick Carter Feb 14, 2006 to Sep 2, 201416
- Chief financial officerChristopher Zolas Feb 14, 2018 to now17
- Chief financial officerCraig W. Nunez Jan 6, 2015 to Feb 14, 202018
- Chief financial officerDwight L. Dunlap Feb 14, 2006 to Feb 13, 201419
- Chief operating officerCraig W. Nunez Feb 14, 2018 to now14
- Chief operating officerWyatt L. Hogan Feb 17, 2016 to Feb 15, 201720
- Chief operating officerKevin F. Wall Feb 12, 2015 to Feb 12, 201521
- Chief operating officerNick Carter Feb 14, 2006 to Sep 2, 201416
Board members and other officers (26)
- Chief Accounting OfficerJennifer Lauren Odinet Oct 2, 2017 to Feb 19, 201922
- Chief Accounting OfficerChristopher Zolas Mar 9, 2015 to Feb 14, 202023
- VP, Oil and GasDavid M. Hartz Dec 23, 2013 to Feb 17, 201624
- VP, Chief EngineerGregory F. Wooten Dec 23, 2013 to now25
- Vice President - AggregatesDennis F. Coker Mar 31, 2008 to Feb 12, 201526
- VP Investor RelationsKathy E. Hager Feb 14, 2006 to Feb 14, 201827
- ControllerKenneth Hudson Feb 14, 2006 to Feb 12, 201528
- Vice President-EngineeringKevin F. Wall Feb 14, 2006 to Feb 13, 201429
- VP Business DevelopmentKevin J. Craig Feb 14, 2006 to now30
- Board memberAlexander David Greene Mar 11, 2019 to Mar 11, 201931
- Board memberGaldino J. Claro Mar 5, 2018 to now32
- Board memberPaul B. Murphy Jr. Mar 5, 2018 to now33
- Board memberJasvinder Khaira Mar 6, 2017 to Mar 6, 201734
- Board memberLeon George Jackson Iii. Apr 20, 2016 to Apr 20, 201635
- Board memberDonald R. Holcomb Oct 31, 2013 to Feb 17, 201636
- Board memberRichard A. Navarre Oct 31, 2013 to now37
- Board memberRussell D. Gordy Oct 31, 2013 to Feb 14, 202038
- Board memberJ. Matthew Fifield Jan 4, 2007 to Aug 12, 201339
- Board memberLeo A. Vecellio Jr. May 18, 2007 to now40
- Board memberRobert T. Blakely Jan 23, 2006 to Feb 16, 201741
- Board memberRobert B. Karn Iii. Feb 14, 2006 to Feb 15, 201742
- Board memberS. Reed Morian Feb 14, 2006 to Feb 20, 202443
- Board memberW. W. Scott Jr. Feb 14, 2006 to May 22, 201344
- Board memberDavid M. Carmichael Feb 15, 2006 to Feb 26, 201345
- General counselPhilip T. Warman Aug 9, 2021 to now46
- General counselWyatt L. Hogan Feb 14, 2006 to Feb 13, 201447
Timeline
Filings
216 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 40 major events, 132 insider forms, 6 large holders, 17 other. The latest 20:
- Aug 28, 2026144 EDGAR
- Aug 28, 20264 EDGAR
- Aug 5, 202610-Q EDGAR
- Aug 5, 20268-K EDGAR
- May 28, 20264 EDGAR
- May 12, 2026SCHEDULE 13G/A EDGAR
- May 6, 202610-Q EDGAR
- May 6, 20268-K EDGAR
- Feb 27, 202610-K EDGAR
- Feb 27, 20268-K EDGAR
- Feb 12, 20264 EDGAR
- Feb 12, 20264 EDGAR
- Feb 12, 20264 EDGAR
- Feb 12, 20264 EDGAR
- Feb 12, 20264 EDGAR
- Feb 12, 20264 EDGAR
- Feb 12, 20264 EDGAR
- Feb 12, 20264 EDGAR
- Feb 12, 20264 EDGAR
- Feb 12, 20264 EDGAR
The 216 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
4 open-market trades by officers, directors and large owners since October 2021: 2 buys and 2 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 28, 2026 | WOOTEN GREGORY FExecutive Vice President | Sale | 2,200 | $110.89 | $244.0K | Form 4 |
| May 26, 2026 | Craig Kevin JExecutive Vice President | Buy | 336 | $102.18 | $34.3K | Form 4 |
| Sep 8, 2025 | WOOTEN GREGORY FExecutive Vice President | Sale | 8,607 | $100.24 | $862.8K | Form 4 |
| Nov 17, 2023 | MURPHY PAUL B JRDirector | Buy | 3,000 | $74.27 | $222.8K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Goldman SachsSCHEDULE 13G/A, 1 filing May 12, 202648
- JPMorgan ChaseSC 13G/A, 3 filings Feb 3, 2022 to Feb 6, 202449
- GOLDENTREE ASSET MANAGEMENT LPSC 13G, 1 filing Feb 13, 202350
- Blackstone Holdings III L.P.SC 13D/A, 1 filing Nov 12, 202151
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 71. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 14SEC EDGARCraig W. Nunez, President
- 15SEC EDGARWyatt L. Hogan, President
- 16SEC EDGARNick Carter, President
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- 24SEC EDGARDavid M. Hartz, VP, Oil and Gas
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- 28SEC EDGARKenneth Hudson, Controller
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- 31SEC EDGARAlexander David Greene, Board member
- 32SEC EDGARGaldino J. Claro, Board member
- 33SEC EDGARPaul B. Murphy Jr., Board member
- 34SEC EDGARJasvinder Khaira, Board member
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- 36SEC EDGARDonald R. Holcomb, Board member
- 37SEC EDGARRichard A. Navarre, Board member
- 38SEC EDGARRussell D. Gordy, Board member
- 39SEC EDGARJ. Matthew Fifield, Board member
- 40SEC EDGARLeo A. Vecellio Jr., Board member
- 41SEC EDGARRobert T. Blakely, Board member
- 42SEC EDGARRobert B. Karn Iii., Board member
- 43SEC EDGARS. Reed Morian, Board member
- 44SEC EDGARW. W. Scott Jr., Board member
- 45SEC EDGARDavid M. Carmichael, Board member
- 46SEC EDGARPhilip T. Warman, General counsel
- 47SEC EDGARWyatt L. Hogan, General counsel
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