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Natural Resource Partners LP Stock Research

NRP

76.72USD+0.72(+0.95%)Market Closed
Watchlist

Market Summary

USD76.72+0.72
Market Closed
0.95%

NRP Stock Price

NRP RSI Chart

NRP Valuation

Market Cap

712.8M

Price/Earnings (Trailing)

2.73

Price/Sales (Trailing)

1.7

Price/Free Cashflow

2.82

NRP Price/Sales (Trailing)

NRP Profitability

Return on Assets

33.97%

Free Cashflow Yield

35.5%

NRP Fundamentals

NRP Revenue

Revenue (TTM)

285.7M

Revenue Y/Y

13.43%

Revenue Q/Q

19.35%

NRP Earnings

Earnings (TTM)

287.4M

Earnings Y/Y

5.26%

Earnings Q/Q

-11.28%

Price Action

52 Week Range

36.9978.93
(Low)(High)

Last 7 days

9.0%

Last 30 days

14.4%

Last 90 days

51.2%

Trailing 12 Months

74.5%

NRP Financial Health

Current Ratio

1.09

NRP Investor Care

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for NRP

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-15
Zolas Christopher
sold (taxes)
-25,850
54.08
-478
cfo and treasurer
2023-02-15
WARMAN PHILIP T
sold (taxes)
-43,534
54.08
-805
general counsel & secretary
2023-02-15
Craig Kevin J
acquired
-
-
13,602
executive vice president
2023-02-15
Craig Kevin J
sold (taxes)
-270,400
54.08
-5,000
executive vice president
2023-02-15
NAVARRE RICHARD A
acquired
-
-
2,720
-
2023-02-15
MORIAN S REED
acquired
-
-
2,720
-
2023-02-15
ROBERTSON CORBIN J JR
sold (taxes)
-1,301,000
54.08
-24,057
chairman and ceo
2023-02-15
Zolas Christopher
acquired
-
-
19,743
cfo and treasurer
2023-02-15
WOOTEN GREGORY F
sold (taxes)
-289,869
54.08
-5,360
sr. vp, chief engineer
2023-02-15
ROBERTSON CORBIN J JR
acquired
-
-
69,768
chairman and ceo

1–10 of 50

Which funds bought or sold NRP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-08-21
OSAIC HOLDINGS, INC.
unchanged
-
789
77,089
-%
2023-08-15
GOLDMAN SACHS GROUP INC
reduced
-13.51
-7,349,380
50,897,100
0.01%
2023-08-15
WELLS FARGO & COMPANY/MN
added
0.08
70,719
6,399,630
-%
2023-08-14
Royal Bank of Canada
reduced
-22.36
-3,000
13,000
-%
2023-08-14
Solas Capital Management, LLC
unchanged
-
9,874
964,351
0.64%
2023-08-14
Yarra Square Partners LP
unchanged
-
13,824
1,350,140
1.40%
2023-08-14
CITADEL ADVISORS LLC
added
591
737,154
860,189
-%
2023-08-14
Tower Research Capital LLC (TRC)
sold off
-100
-123,000
-
-%
2023-08-14
CHILTON CAPITAL MANAGEMENT LLC
unchanged
-
859
83,910
-%
2023-08-14
FIRST TRUST ADVISORS LP
added
93.48
2,127,480
4,355,530
-%

1–10 of 39

Latest Funds Activity

Are funds buying NRP calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own NRP
No. of Funds

Schedule 13G FIlings of Natural Resource Partners

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
goldentree asset management lp
4.3%
543,469
SC 13G
Feb 08, 2023
goldman sachs group inc
9.1%
1,140,691
SC 13G/A
Jan 31, 2023
jpmorgan chase & co
8.2%
1,028,409
SC 13G/A
Feb 03, 2022
jpmorgan chase & co
8.3%
1,028,351
SC 13G/A
Jan 25, 2022
goldman sachs group inc
9.0%
1,112,356
SC 13G/A
Nov 12, 2021
blackstone holdings iii l.p.
0%
0
SC 13D/A
Feb 11, 2021
goldman sachs & co. llc
8.0%
984,950
SC 13G/A
Feb 11, 2021
goldentree asset management lp
4.6%
560,450
SC 13G/A
Jan 11, 2021
jpmorgan chase & co
8.3%
1,028,351
SC 13G/A
Aug 06, 2020
goldentree asset management lp
4.6%
560,450
SC 13G

Recent SEC filings of Natural Resource Partners

View All Filings
Date Filed Form Type Document
Sep 18, 2023
8-K
Current Report
Aug 14, 2023
8-K
Current Report
Aug 04, 2023
8-K
Current Report
Aug 04, 2023
10-Q
Quarterly Report

Peers (Alternatives to Natural Resource Partners)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
459.4B
377.0B
7.07% 27.91%
8.88
1.22
3.30% 32.79%
308.4B
222.8B
3.95% 8.44%
10.22
1.38
3.16% 3.86%
143.7B
69.3B
3.38% 11.21%
11.12
2.07
0.61% -18.74%
60.4B
31.8B
0.82% 0.45%
4.68
1.64
-6.68% -38.20%
39.1B
29.1B
-1.62% -3.69%
4.68
1.34
16.29% 430.11%
-
8.8B
-5.97% 4.87%
-
-
-19.24% -60.57%
MID-CAP
7.3B
4.5B
-6.03% 1.77%
4.28
1.63
15.35% 216.30%
3.5B
3.0B
-2.11% 31.96%
1.83
1.19
77.03% 270.72%
3.2B
2.5B
15.31% 53.43%
4.26
1.27
62.63% 492.81%
3.1B
5.6B
5.63% 6.25%
1.81
0.55
41.56% 91.77%
2.3B
2.7B
2.49% 0.08%
2.48
0.87
12.93% 24.18%
2.9B
3.4B
19.07% 27.00%
3.17
0.87
-1.50% -7.22%
-
2.6B
5.51% -9.75%
-
-
33.55% 138.22%
458.9M
1.1B
-37.50% -89.83%
-1.71
0.4
8.72% -109.29%
SMALL-CAP
712.8M
285.7M
14.37% 74.49%
2.73
1.7
33.49% 33.13%

Natural Resource Partners News

InvestorsObserver
Is Natural Resource Partners LP (NRP) Stock Near the Top of the Thermal Coal Industry?.
InvestorsObserver,
13 hours ago
Morningstar
TheStreet
Investment U
Best Coal Stocks to Sell in 2022.
Investment U,
2 months ago
Yahoo Finance
Yahoo Finance
10 Best Coal Mining Stocks to Buy.
Yahoo Finance,
3 months ago
Investing News Network
Natural Resource Partners LP.
Investing News Network,
5 months ago
Business Wire

Returns for NRP

Cumulative Returns on NRP

-1.8%


10-Year Cumulative Returns

23.3%


7-Year Cumulative Returns

28.4%


5-Year Cumulative Returns

96.1%


3-Year Cumulative Returns

Risks for NRP

What is the probability of a big loss on NRP?

64.6%


Probability that Natural Resource Partners stock will be more than 20% underwater in next one year

36.9%


Probability that Natural Resource Partners stock will be more than 30% underwater in next one year.

26.1%


Probability that Natural Resource Partners stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NRP drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Natural Resource Partners was unfortunately bought at previous high price.

Drawdowns

Financials for Natural Resource Partners

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue3.0%286277284255214190112148144137140153180231257270270258251252252
Costs and Expenses-4.2%81.0084.0084.0076.0074.0070.0069.0071.00--184----------
Operating Expenses-----74.0066.0069.0064.0059.0019218433133220721390.0091.0087.0086.00-25.666.00
  S&GA Expenses2.5%24.0023.0022.0020.0019.0018.0017.0015.0014.0014.0014.0015.0016.0016.0017.0019.0017.0017.0016.0019.0018.00
Interest Expenses-23.4%15.0020.0026.0032.0037.0038.0039.0039.0040.0041.0041.0041.0041.0044.0047.0054.0061.0066.0070.0072.0074.00
Net Income1.2%28728426826121616410968.0046.00-95.22-84.82-218-186-41.40-24.46143133151140121118
Net Income Margin-100.0%-0.90*0.95*0.62*0.65*0.61*0.50*0.40*0.32*-0.70*-0.61*-1.43*-1.03*-0.18*-0.10*------
Free Cashflow-100.0%-287267253-15112280.0074.0081.0089.0096.00113146137199-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-1.8%8208368778798839629549419109099229439441,0831,0861,2441,2191,2721,3421,4121,412
  Current Assets-11.6%51.0057.0084.0097.00100172163143117116117137138136132144121172243134126
    Cash Equivalents-39.2%11.0018.0039.0061.0059.0013613611998.0097.0010011611110198.0011286.0013020659.0051.00
  Inventory--------------------10.008.00
  Net PPE----------------1.001.001.001.0048.0048.00
Liabilities3.9%240231235301364490514534529536549576574581585613615663757864880
  Current Liabilities-2.4%51.0053.0060.0011159.0068.0064.0067.0058.0065.0061.0068.0064.0068.0063.0074.0069.0064.00149104115
    LT Debt, Current-5.9%37.0039.0039.0090.0039.0039.0039.0039.0039.0039.0039.0039.0046.0046.0046.0046.0046.0046.0011575.0075.00
    LT Debt, Non Current8.9%146134129149259378394414414416432452452454470490498542558717723
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Last 12 Months)
(In Thousands)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations6.3%305,634287,407266,838253,111200,674150,935121,80479,79874,06280,61389,27495,509112,561146,219137,311199,296191,326192,077188,923153,900146,219
  Share Based Compensation19.2%8,1236,8165,7735,4185,1074,3614,0393,8413,6363,9673,5703,0852,6382,1892,3612,1321,8201,6481,4341,1851,005
Cashflow From Investing-8.9%3,0833,3852,6882,3192,0641,8122,4122,6482,3662,0741,6801,0897,2027,4917,592201,848193,422191,108190,628-3,917839
Cashflow From Financing12.6%-357,343-408,727-365,955-313,482-241,290-113,924-88,486-79,030-89,348-86,426-89,429-93,188-94,710-182,911-252,668-352,368-351,948-274,630-203,348-207,840-134,866

NRP Income Statement

2023-06-30
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues and other income    
Equity in earnings of Sisecam Wyoming$ 26,978$ 14,643$ 46,232$ 29,480
Gain on asset sales and disposals5345101345
Total revenues and other income91,26099,933190,479189,649
Operating expenses    
Operating and maintenance expenses7,93010,01515,09318,091
Depreciation, depletion and amortization3,7925,8477,8759,715
General and administrative expenses5,6435,05211,4889,519
Asset impairments69436962
Total operating expenses17,43420,95734,52537,387
Income from operations73,82678,976155,954152,262
Other expenses, net    
Interest expense, net(3,492)(8,108)(6,345)(17,495)
Loss on extinguishment of debt0(4,048)0(4,048)
Total other expenses, net(3,492)(12,156)(6,345)(21,543)
Net income70,334[1]66,820[2]149,609130,719
Less: income attributable to preferred unitholders(4,971)(7,500)(11,632)(15,000)
Less: redemption of preferred units(27,618)0(43,846)0
Net income attributable to common unitholders and the general partner37,74559,32094,131115,719
Net income attributable to common unitholders36,99058,13492,248113,405
Net income attributable to the general partner$ 755$ 1,186$ 1,883$ 2,314
Net income per common unit (see Note 5)    
Basic (in dollars per share)$ 2.93$ 4.65$ 7.32$ 9.10
Diluted (in dollars per share)$ 2.49$ 3.29$ 5.96$ 6.50
Net income$ 70,334[1]$ 66,820[2]$ 149,609$ 130,719
Comprehensive income (loss) from unconsolidated investment and other911(4,013)(18,672)(1,468)
Comprehensive income71,24562,807130,937129,251
Mineral Rights Segment [Member]    
Operating expenses    
Depreciation, depletion and amortization3,6005,4007,5009,100
Royalty and Other Mineral Rights [Member] | Mineral Rights Segment [Member]    
Revenues and other income    
Revenues61,00779,333137,278150,416
Transportation and Processing Services [Member] | Mineral Rights Segment [Member]    
Revenues and other income    
Revenues[3]$ 3,270$ 5,612$ 6,868$ 9,408
[1]Net income includes $5.0 million of income attributable to preferred unitholders that accumulated during the period, of which $4.9 million is allocated to the common unitholders and $0.1 million is allocated to the general partner.
[2]Net income includes $7.5 million of income attributable to preferred unitholders that accumulated during the period, of which $7.4 million is allocated to the common unitholders and $0.2 million is allocated to the general partner.
[3]Transportation and processing services revenues from contracts with customers as defined under ASC 606 was $2.7 million and $4.9 million for the three months ended June 30, 2023 and 2022, respectively and $5.6 million and $8.0 million for the six months ended June 30, 2023 and 2022, respectively. The remaining transportation and processing services revenues of $0.6 million and $0.7 million for the three months ended June 30, 2023 and 2022, respectively, and $1.3 million and $1.4 million for the six months ended June 30, 2023 and 2022, respectively, related to other NRP-owned infrastructure leased to and operated by third-party operators accounted for under other guidance. See Note 15. Financing Transaction for more information.

NRP Balance Sheet

2023-06-30
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 10,730$ 39,091
Accounts receivable, net37,12042,701
Other current assets, net2,8651,822
Total current assets50,71583,614
Land24,00824,008
Mineral rights, net404,741412,312
Intangible assets, net14,43214,713
Equity in unconsolidated investment290,900306,470
Long-term contract receivable, net27,65928,946
Other long-term assets, net7,8047,068
Total assets820,259877,131
Current liabilities  
Accounts payable1,5241,992
Accrued liabilities5,71511,916
Accrued interest625989
Current portion of deferred revenue6,8236,256
Current portion of long-term debt, net36,74339,076
Total current liabilities51,43060,229
Deferred revenue36,81540,181
Long-term debt, net145,693129,205
Other non-current liabilities6,4625,472
Total liabilities240,400235,087
Commitments and contingencies (see Note 13)
Class A Convertible Preferred Units (121,667 and 250,000 units issued and outstanding at June 30, 2023 and December 31, 2022, respectively, at $1,000 par value per unit; liquidation preference of $1,850 per unit at June 30, 2023 and December 31, 2022) (See Note 3)80,099164,587
Partners’ capital  
Common unitholders’ interest (12,634,642 and 12,505,996 units issued and outstanding at June 30, 2023 and December 31, 2022, respectively)444,838404,799
General partner’s interest6,9135,977
Warrant holders’ interest47,96447,964
Accumulated other comprehensive income (loss)4518,717
Total partners’ capital499,760477,457
Total liabilities and partners' capital$ 820,259$ 877,131
Corby J. Robertson
50
Natural Resource Partners L.P., through its subsidiaries, owns, manages, and leases a portfolio of mineral properties in the United States. It operates through two segments, Mineral Rights and Soda Ash. The company owns interests in coal, soda ash, trona, and other natural resources. Its coal reserves are primarily located in Appalachia, the Illinois Basin, and the Northern Powder River Basin in the United States; industrial minerals and aggregates properties are located in the United States; oil and gas properties located in Louisiana; timber assets located in West Virginia; and trona ore mining operation and soda ash refinery are located in the Green River Basin, Wyoming. The company leases a portion of its reserves in exchange for royalty payments; and owns and leases transportation and processing infrastructure related to coal properties. NRP (GP) LP serves as the general partner of the company. Natural Resource Partners L.P. was incorporated in 2002 and is headquartered in Houston, Texas.