NRP
Natural Resource Partners L.P.
NYSEUSDEQUITY
Energy
DELAYED
Neutral
+1/100
Last price
110.24
▲ 0.44 (0.40%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
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Range —
Vol —
vs
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Open
—
Prev close
109.80
Day high
111.03
Day low
109.05
Volume
35.25K
Market cap
—
P/E (TTM)
14.06
52W range
95.51 – 128.60
Trailing performance
Returnvs SPY
1W
+0.01%
-1.9%
1M
-3.06%
-4.2%
3M
+11.51%
+7.0%
6M
-9.64%
-27.8%
YTD
+5.59%
-8.7%
1Y
+2.06%
-14.4%
3Y
+39.77%
-42.5%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on NRP open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
-1.86K
Net selling
Buy transactions
1
336 shares
Sell transactions
1
2.20K shares
Net transactions
+2
Buys less sells
Sell : buy shares
6.5 : 1
Heavily one-sided
Insider-held shares
3.25M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 28, 26 | WOOTEN GREGORY F Officer |
SELL | 2.20K | $243.95K | Direct |
| May 26, 26 | CRAIG KEVIN J Officer |
BUY | 336 | $34.33K | Direct |
| Feb 10, 26 | MURPHY PAUL B JR Director |
— | 1.08K | — | Direct |
| Feb 10, 26 | CLARO GALDINO J Director |
— | 1.08K | — | Direct |
| Feb 10, 26 | WARMAN PHILIP T. General Counsel |
— | 10.80K | — | Direct |
| Feb 10, 26 | WOOTEN GREGORY F Officer |
— | 11.10K | — | Direct |
| Feb 10, 26 | ZOLAS CHRISTOPHER J Chief Financial Officer |
— | 18.42K | — | Direct |
| Feb 10, 26 | VECELLIO LEO A JR Director |
— | 1.08K | — | Direct |
| Feb 10, 26 | SMITH STEPHEN P Director |
— | 1.08K | — | Direct |
| Feb 10, 26 | NAVARRE RICHARD A Director |
— | 1.08K | — | Direct |
| Feb 10, 26 | ROBERTSON CORBIN J JR. Chief Executive Officer |
— | 72.85K | — | Indirect |
| Feb 10, 26 | ROBERTSON CORBIN J III Director |
— | 1.08K | — | Direct |
| Feb 10, 26 | CRAIG KEVIN J Officer |
— | 11.10K | — | Direct |
| Feb 10, 26 | NUNEZ CRAIG W. President |
— | 39.59K | — | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
CLARO GALDINO J |
Director | 22.37K | Conversion of Exercise of derivative security |
CRAIG KEVIN J |
Officer | 47.02K | Purchase |
MURPHY PAUL B JR |
Director | 20.06K | Conversion of Exercise of derivative security |
NAVARRE RICHARD A |
Director | 19.25K | Conversion of Exercise of derivative security |
NUNEZ CRAIG W. |
President | 132.49K | Conversion of Exercise of derivative security |
ROBERTSON CORBIN J III |
Director | 256.91K | Conversion of Exercise of derivative security |
ROBERTSON CORBIN J JR. |
Chief Executive Officer | — | Conversion of Exercise of derivative security |
VECELLIO LEO A JR |
Director | 24.61K | Conversion of Exercise of derivative security |
WOOTEN GREGORY F |
Officer | 32.63K | Sale |
ZOLAS CHRISTOPHER J |
Chief Financial Officer | 63.50K | Conversion of Exercise of derivative security |
Fundamentals
Market cap—
Enterprise value$1.47B
Revenue (TTM)$199.96M
Gross profit$175.20M
EBITDA$153.48M
Net income$104.56M
EPS (TTM)$7.84
Free cash flow$118.20M
Total cash$30.13M
Total debt$30.75M
Book value / share$48.15
Shares outstanding—
Float9.97M
Short % of float3.53%
Dividend yield2.72%
Beta (5Y)0.24
Valuation & profitability ratios
Trailing P/E14.06
Forward P/E—
PEG ratio—
Price / sales—
Price / book2.29
EV / revenue7.37
EV / EBITDA9.60
Gross margin87.62%
Operating margin58.69%
Profit margin52.29%
Return on equity17.20%
Return on assets10.49%
Debt / equity4.73
Current ratio2.12
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $202.34M | $245.03M | $293.66M | $328.08M | — | -17.4% |
| Operating revenue | $202.34M | $245.03M | $293.66M | $328.08M | — | -17.4% |
| Cost of revenue | — | — | $18.49M | $22.52M | $19.07M | — |
| Gross profit | — | — | $275.17M | $305.57M | $175.17M | — |
| Selling, general & admin | $24.10M | $25.15M | $26.11M | $21.85M | — | -4.2% |
| Total operating expense | $62.91M | $68.72M | $76.92M | $79.27M | — | -8.5% |
| Operating income | $139.43M | $176.31M | $216.74M | $248.81M | — | -20.9% |
| Net interest income | -$7.98M | -$15.55M | -$14.10M | -$26.27M | — | +48.7% |
| Pre-tax income | $136.37M | $183.64M | $278.44M | $268.49M | — | -25.7% |
| Net income | $136.37M | $183.64M | $278.44M | $268.49M | — | -25.7% |
| Net income to common | $133.64M | $151.81M | $196.77M | $233.72M | — | -12.0% |
| Basic EPS | 10.18 | 11.69 | 15.59 | 18.72 | — | -12.9% |
| Diluted EPS | 10.04 | 11.35 | 13.08 | 13.39 | — | -11.5% |
| EBIT | $144.35M | $199.20M | $292.54M | $294.77M | — | -27.5% |
| EBITDA | $159.31M | $214.73M | $311.03M | $317.29M | — | -25.8% |
| Basic shares | 13.13M | 12.99M | 12.62M | 12.49M | — | +1.1% |
| Diluted shares | 13.31M | 13.38M | 16.10M | 12.49M | — | -0.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $30.14M | $30.44M | $11.99M | $39.09M | -1.0% |
| Cash & short-term investments | $30.14M | $30.44M | $11.99M | $39.09M | -1.0% |
| Accounts receivable | $28.67M | $31.47M | $41.09M | $42.70M | -8.9% |
| Total current assets | $60.91M | $63.87M | $55.29M | $83.61M | -4.6% |
| Property, plant & equipment | $391.00M | $403.65M | $418.49M | $436.32M | -3.1% |
| Goodwill & intangibles | $11.91M | $12.92M | $13.68M | $14.71M | -7.9% |
| Total assets | $748.37M | $772.91M | $797.88M | $877.13M | -3.2% |
| Total current liabilities | $32.99M | $31.86M | $49.84M | $60.23M | +3.5% |
| Current debt | $14.20M | $14.19M | $30.79M | $39.08M | +0.0% |
| Long-term debt | $18.88M | $127.88M | $124.27M | $129.21M | -85.2% |
| Total debt | $33.08M | $142.07M | $155.06M | $168.28M | -76.7% |
| Total liabilities | $115.85M | $221.80M | $219.64M | $235.09M | -47.8% |
| Shareholder equity | $0 | $0 | $0 | $0 | — |
| Working capital | $27.93M | $32.01M | $5.45M | $23.39M | -12.8% |
| Net tangible assets | -$11.91M | -$12.92M | -$13.68M | -$14.71M | +7.9% |
| Shares issued | 13.14M | 13.05M | 12.63M | 12.51M | +0.7% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $136.37M | $183.64M | $278.44M | $268.49M | -25.7% |
| Stock-based compensation | $11.12M | $11.31M | $10.91M | $5.77M | -1.7% |
| Change in working capital | $3.10M | $19.44M | -$6.08M | -$32.30M | -84.1% |
| Operating cash flow | $165.86M | $248.49M | $310.98M | $266.84M | -33.3% |
| Capital expenditure | — | — | -$10.00K | -$118.00K | — |
| Investing cash flow | $4.77M | $7.51M | $5.42M | $2.69M | -36.5% |
| Share buybacks | $0 | -$71.67M | -$178.33M | -$19.32M | +100.0% |
| Dividends paid | -$56.44M | -$78.54M | -$91.98M | -$64.64M | +28.1% |
| Financing cash flow | -$170.93M | -$237.55M | -$343.50M | -$365.95M | +28.0% |
| Free cash flow | $165.86M | $248.49M | $310.97M | $266.72M | -33.3% |
| End cash position | $30.14M | $30.44M | $11.99M | $39.09M | -1.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $52.97M | $47.18M | $48.40M | $51.41M | $46.85M | +12.3% |
| Operating revenue | $52.97M | $47.18M | $48.40M | $51.41M | $46.85M | +12.3% |
| Selling, general & admin | $5.02M | $5.03M | $5.95M | $5.72M | $5.60M | -0.3% |
| Total operating expense | $21.88M | $18.76M | $14.56M | $17.25M | $13.51M | +16.6% |
| Operating income | $31.09M | $28.42M | $33.84M | $34.17M | $33.34M | +9.4% |
| Net interest income | -$1.05M | -$973.00K | -$1.16M | -$1.78M | -$2.38M | -8.1% |
| Pre-tax income | $25.18M | $19.62M | $31.00M | $30.91M | $34.21M | +28.3% |
| Net income | $25.18M | $19.62M | $31.00M | $30.91M | $34.21M | +28.3% |
| Net income to common | $24.67M | $19.23M | $30.38M | $30.29M | $33.53M | +28.3% |
| Basic EPS | 1.86 | 1.46 | 2.31 | 2.31 | 2.55 | +27.4% |
| Diluted EPS | 1.85 | 1.44 | 2.27 | 2.28 | 2.52 | +28.5% |
| EBIT | $26.23M | $20.59M | $32.16M | $32.68M | $36.59M | +27.4% |
| EBITDA | $37.36M | $28.21M | $35.50M | $36.55M | $40.34M | +32.5% |
| Basic shares | 13.26M | 13.20M | 13.15M | 13.11M | 13.15M | +0.5% |
| Diluted shares | 13.34M | 13.35M | 13.38M | 13.28M | 13.30M | -0.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $30.13M | $31.50M | $30.14M | $31.02M | $30.34M | -4.4% |
| Cash & short-term investments | $30.13M | $31.50M | $30.14M | $31.02M | $30.34M | -4.4% |
| Accounts receivable | $30.64M | $26.79M | $28.67M | $30.44M | $29.05M | +14.4% |
| Total current assets | $61.71M | $59.72M | $60.91M | $61.92M | $60.72M | +3.3% |
| Property, plant & equipment | $375.51M | $384.87M | $391.00M | $393.91M | $397.73M | -2.4% |
| Goodwill & intangibles | $8.65M | $10.43M | $11.91M | $12.33M | $12.38M | -17.0% |
| Total assets | $757.53M | $771.66M | $748.37M | $753.55M | $761.97M | -1.8% |
| Total current liabilities | $29.16M | $28.59M | $32.99M | $28.94M | $27.64M | +2.0% |
| Current debt | $14.27M | $14.23M | $14.20M | $14.25M | $14.23M | +0.3% |
| Long-term debt | $13.08M | $46.08M | $18.88M | $55.13M | $87.11M | -71.6% |
| Total debt | $27.36M | $60.32M | $33.08M | $69.38M | $101.34M | -54.6% |
| Total liabilities | $107.48M | $139.13M | $115.85M | $142.30M | $171.52M | -22.7% |
| Shareholder equity | $0 | $0 | $0 | $0 | $0 | — |
| Working capital | $32.55M | $31.13M | $27.93M | $32.97M | $33.08M | +4.6% |
| Net tangible assets | -$8.65M | -$10.43M | -$11.91M | -$12.33M | -$12.38M | +17.0% |
| Shares issued | 13.25M | 13.25M | 13.14M | 13.14M | 13.14M | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $25.18M | $19.62M | $31.00M | $30.91M | $34.21M | +28.3% |
| Stock-based compensation | $1.67M | $1.16M | $3.02M | $2.72M | $2.66M | +43.6% |
| Change in working capital | -$2.36M | -$2.88M | $9.09M | $15.00K | $4.91M | +18.0% |
| Operating cash flow | $40.95M | $33.01M | $44.77M | $41.09M | $45.58M | +24.0% |
| Investing cash flow | $819.00K | -$38.44M | $743.00K | $1.63M | $1.44M | +102.1% |
| Share buybacks | — | — | $0 | $0 | — | — |
| Dividends paid | -$10.14M | -$11.76M | -$10.05M | -$10.05M | -$10.05M | +13.8% |
| Financing cash flow | -$43.14M | $6.79M | -$46.39M | -$42.05M | -$47.55M | -735.3% |
| Free cash flow | $40.95M | $33.01M | $44.77M | $41.09M | $45.58M | +24.0% |
| End cash position | $30.13M | $31.50M | $30.14M | $31.02M | $30.34M | -4.4% |
Options analytics
Put / call volume
0.61
Call-heavy session
Put / call open interest
0.87
Positioning, not flow
Max pain
90.00
-18.4% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
-42.2%
Calls bid over puts
Call volume
105
Contracts, this expiry
Put volume
64
Contracts, this expiry
Heaviest call OI
150.00
51 contracts
Heaviest put OI
90.00
59 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders24.55%
Held by institutions37.74%
Institutions holding85
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
108.92
+1.21% from price
SMA 20
109.42
+0.75% from price
SMA 50
107.22
+2.82% from price
SMA 100
104.34
+5.65% from price
SMA 200
110.44
-0.18% from price
EMA 12
109.28
+0.88% from price
EMA 26
108.94
+1.19% from price
EMA 50
107.74
+2.32% from price
RSI (14)
54.5
Neutral
MACD (12,26,9)
0.33
Hist -0.16
ATR (14)
2.57
2.33% of price
Realised vol 30D
18.8%
Annualised
Bollinger upper
111.87
20, 2σ
Bollinger lower
106.98
20, 2σ
50 / 200 cross
Death
107.22 vs 110.44
Trend bias
Below 200
-0.18%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
-0.01
Less volatile than market
Correlation to SPY
-0.00
Largely independent
Realised vol 30D
18.8%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-23.5%
Peak to trough
Max drawdown 5Y
-28.9%
Peak to trough
ATR 14
2.57
2.33% of price
Beta (reported)
0.24
5Y monthly, from filing
Short interest
Shares short
285.02K
Prior 296.84K
Change vs prior
-4.0%
Shorts covering
% of float
3.53%
Normal
% of shares out
2.15%
Against total outstanding
Days to cover
9.4
Crowded exit
Float
9.97M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 11, 20 | Benchmark | MAINTAINED | — | Buy |
| Mar 6, 20 | Benchmark | INITIATED | — | Buy |
| Nov 29, 18 | Citigroup | MAINTAINED | Neutral | Neutral |
| Aug 10, 16 | UBS | MAINTAINED | — | Sell |
| Aug 8, 16 | Citigroup | MAINTAINED | — | Neutral |
| Sep 17, 15 | UBS | DOWNGRADE | Neutral | Sell |
| Feb 17, 15 | BB&T Capital | DOWNGRADE | Buy | Hold |
| Feb 13, 15 | Wells Fargo | DOWNGRADE | Outperform | Market Perform |
| Oct 10, 14 | Wells Fargo | UPGRADE | Market Perform | Outperform |
| Feb 13, 14 | Hilliard Lyons | UPGRADE | Underperform | Neutral |
| Feb 20, 13 | Stifel | MAINTAINED | — | Buy |
| Nov 12, 12 | Stifel | MAINTAINED | — | Buy |
Dividends & splits
Forward rate$3.00 / yr
Forward yield2.72%
5-year avg yield3.61%
Payout ratio38.27%
Ex-dividend dateAug 18, 2026
Next pay dateAug 25, 2026
Last split1:10
Split dateFeb 18, 2016
SEC filings
Periodic Financial Reports
10-Q · 2026-08-05
Corporate Changes & Voting Matters
8-K · 2026-05-06
Corporate Changes & Voting Matters
8-K · 2026-02-27
Corporate Changes & Voting Matters
8-K · 2025-11-04
Corporate Changes & Voting Matters
8-K · 2025-08-06
Corporate Changes & Voting Matters
8-K · 2025-05-06
Periodic Financial Reports
10-K · 2025-02-28
Periodic Financial Reports
10-K/A · 2025-01-30
Headlines
Natural Resource Partners Q2 Earnings Fall Y/Y on Soda Ash Weakness
Zacks · 55d ago
Natural Resource Partners Q2 Earnings Call Highlights
MarketBeat · 60d ago
Natural Resource Partners L.P. Q2 2026 Earnings Call Summary
Moby · 62d ago
Natural Resource Partners Shares Rise After Q2 Results
MT Newswires · 63d ago
Natural Resource Partners L.P. Reports Second Quarter 2026 Results and Declares Second Quarter 2026 Distribution of $0.75 per Common Unit
GlobeNewswire · 63d ago
What Makes Natural Resource Partners (NRP) a Strong Investment Bet?
Insider Monkey · 65d ago
Natural Resource Partners L.P. Schedules Second Quarter 2026 Earnings Conference Call
GlobeNewswire · 77d ago
PRIVATE STRATEGY · BY QUALIFICATION
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