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Natural Resource Partners L.p. (NRP) is an energy company in the coal revenue rights industry, based in Houston, United States.
It reported revenue of $202.34 million for fiscal year 2025, down 17.4% from fiscal year 2024, and net income of $133.64 million. Its largest business segment, Mineral Rights, brought in 99% of segment revenue in fiscal year 2025. Its market capitalization was $1.47 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
, together with its subsidiaries, owns, manages, and leases a portfolio of mineral properties in the United States. It operates in two segments, Mineral Rights and Soda Ash. It owns interests in coal, soda ash, trona, and other natural resources.
Natural Resource Partners reported $202.34 million in revenue for fiscal year 2025, down 17.4% from $245.03 million in fiscal year 2024.
Mineral Rights, with $204.22 million or 99% of segment revenue in fiscal year 2025. Next: Soda Ash (1%).
$1.47 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (coal revenue rights) include Beaver Coal Company, Limited (BVERS).