Natural Resource Partners LP reported results
SEC 8-KRead source ↗
Natural Resource Partners LP is a US-listed company in the coal & consumable fuels industry. Its financial year ends in December.
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Insiders1 buying, 1 selling1 purchase and 1 sale by directors and officers, last 12 monthsInsider trades
- Funds29 adding, 37 cuttingOf 2 active managers that changed their stake, 1 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 95% in the quarter to 2020-09-30.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Highlights
How we pick theseStrengths
Nothing in Natural Resource Partners LP's latest figures clears our strength thresholds.
Things to watch
- Results due soon. Results are expected around 3 November; the share price can move sharply on the day.
Latest results
- Earnings per share
- $0.58 against an average estimate of $0.30: beat by 94.7%
- Share reaction
- +8.3% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
- Next report
- November 4, 2026
Price chart
- 1 day-1.2%
- 1 week-2.1%
- 1 month+4.3%
- This year+11.7%
- 1 year+13.4%
- 5 years+374.0%
- S&P 500 this year+11.2%
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Third-party market data · may be delayed
At a glance
Earnings
- Last results
- August 5, 2026
- Next results (est.)
- November 3, 2026
News & updates
Company announcements, filed results and changes that matter to shareholders.
- Results
No model value for Natural Resource Partners LP at the moment. Current status: limited reported history: available models are shown without a Buy/Hold/Sell rating. Available reported financials are shown below.
Valuation models
We value Natural Resource Partners LP as an operating company, with every model that fits that kind of business. Cost of equity 8.8%: the 10-year Treasury yield (4.9%) plus a beta of 0.85 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. | — | Does not apply: revenue and margins don't support a positive value |
| Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Combined value Weighted average of the models that apply: the primary model (price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | — | No model applies: the filings don’t yet support a value. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Natural Resource Partners LP with Coal & Consumable Fuels in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.
Forecasts and guidance
Next results: November 4, 2026, before the open.
Analysts' consensus
No analyst estimates are published for Natural Resource Partners LP: too few analysts cover it.
Earnings against estimates
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Sept 2020 | $0.30 | $0.58 | +94.7% |
| Jun 2020 | $0.25 | $0.15 | −40.3% |
| Mar 2020 | $1.60 | $0.52 | −67.5% |
Adjusted EPS as companies report it, against the average analyst estimate.
Positioning
- Short interest
- 3.4% of tradable shares
- Days to cover
- 10.92 at average volume
- Short interest, 1 month
- −4% to October 15, 2026
- Held by institutions
- 38% of shares
- Held by insiders
- 24.6% of shares
Share-price performance
Market data may be delayedReturn and risk by year
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| NRP | +165% | +73% | +87% | +27% | −2% | +12% |
| Industry peers (median) | +196% | +57% | +40% | −14% | +54% | −26% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| NRP | 83% | 75% | 58% | 58% | 42% | 55% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| NRP | −19% | −25% | −25% | −16% | −19% | −23% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since November 2, 2015: 79% from May 7, 2019 to March 18, 2020. Getting back needed a 371% gain, reached on January 11, 2022, 664 days after the low.
Price behaviour
- 52-week range
- $95.31 – $123.62
- From 52-week high
- −7.6%
- vs 50-day average
- +2.4%
- vs 200-day average
- +3.7%
- Volatility (1 year)
- 21%
- Beta vs S&P 500
- 0.01
Share price after results
- Next day
- 5 up, 7 down typical move ±3.3%
- After a week
- 6 up, 6 down typical move ±4.0%
- After a month
- 7 up, 5 down typical move ±6.2%
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| August 5, 2026 | +8.3% | −0.4% | +6.2% | +17.8% |
| May 6, 2026 | −3.9% | +1.1% | −9.1% | −9.9% |
| February 27, 2026 | −3.4% | −0.4% | −4.7% | −0.7% |
| November 4, 2025 | 0.0% | −0.8% | +0.2% | +0.8% |
| August 6, 2025 | +1.2% | +0.7% | +0.4% | +0.2% |
| May 6, 2025 | −3.4% | −0.4% | −4.9% | −3.7% |
| February 28, 2025 | −0.5% | −0.2% | +3.5% | +6.2% |
| November 5, 2024 | +9.5% | +3.7% | +14.0% | +17.1% |
| August 7, 2024 | +2.7% | +1.6% | −0.5% | −3.0% |
| May 7, 2024 | +0.2% | +0.1% | −0.3% | +0.5% |
| March 7, 2024 | −3.8% | +0.4% | −4.3% | −1.0% |
| November 3, 2023 | −2.8% | +1.1% | +0.4% | +14.1% |
Fundamentals
Who owns it
Funds buying and selling- Reported value
- $475M
- Institutions reporting
- 75
- Shares held vs prior quarter
- ▲ 0.9%
- Positions opened / closed
- 8 / 14
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Morgan Stanley | $104M | 1.1M | 22.0% | ▲ 3.4% |
| Goldman Sachs Group Inc | $59M | 608K | 12.4% | ▼ 1.4% |
| Corient Private Wealth LP | $57.4M | 592K | 12.1% | ▼ 3.4% |
| UBS Group AG | $33.9M | 349K | 7.1% | ▲ 89.9% |
| Solidarity Wealth, LLC | $25.3M | 260K | 5.3% | ▲ 10.8% |
| Progeny 3, Inc. | $22.3M | 229K | 4.7% | ▼ 26.6% |
| Saber Capital Managment, LLC | $20.9M | 215K | 4.4% | ▲ 2.7% |
| ING Groep NV | $19.2M | 198K | 4.1% | ▲ 10.0% |
| Long Corridor Asset Management Ltd | $11.6M | 120K | 2.5% | ▲ 20.0% |
| Eubel Brady & Suttman Asset Management Inc | $11.4M | 118K | 2.4% | 0.0% |
| BNP Paribas Financial Markets | $10.8M | 111K | 2.3% | ▲ 669.5% |
| Oakcliff Capital Partners, LP | $9.9M | 102K | 2.1% | 0.0% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Natural Resource Partners LP's complete shareholder register. Values are as reported by the filers .
Insider trading activity
Full insider history and chart Insider purchases History → $34,332 1 trade by 1 insider, last 12 months Insider sales History → $243,958 1 trade by 1 insider · 0% under pre-set plans
Net ▼ $209,626 net selling
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Wooten Gregory F Executive Vice President | August 28, 2026 | Sell | 2,200 | $110.89 | $243,958 |
| Craig Kevin J Executive Vice President | May 26, 2026 | Buy | 336 | $102.18 | $34,332 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Earnings dates and SEC filings
Results announcements
Next expected around November 3, 2026 estimated from the company's past filing pattern, not announced
- August 5, 2026
- May 6, 2026
- February 27, 2026
- November 4, 2025
- August 6, 2025
- May 6, 2025
Recent SEC filings
- 10-Q Quarterly report
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
- 10-K Annual report
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Natural Resource Partners LP in brief
- What does Natural Resource Partners LP do?
- Natural Resource Partners LP is a US-listed company in the coal & consumable fuels industry. Its financial year ends in December.
- What is Natural Resource Partners LP's stock ticker?
- Natural Resource Partners LP trades under the ticker NRP on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
- Who are Natural Resource Partners LP's largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Morgan Stanley, Goldman Sachs Group Inc and Corient Private Wealth LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
- Are insiders buying or selling Natural Resource Partners LP stock?
- Over the last 12 months, Natural Resource Partners LP's directors and officers reported 1 open-market purchases and 1 sales on Form 4. The insider trading page charts every trade.
- When is Natural Resource Partners LP's next earnings date?
- Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Natural Resource Partners LP announces its own schedule.
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