Natural Resource Partners LP $NRP is Castalian Partners LLC's Largest Position

Castalian Partners LLC increased its holdings in Natural Resource Partners LP by 13.9% in Q2, making it the firm's largest position at 100% of its portfolio. The firm now owns 77,081 shares worth $7.36 million. Other investors also modified their holdings. NRP's stock opened at $104.20, with a market cap of $1.35 billion. The company announced a quarterly dividend of $0.75 per share. Analysts have given NRP a consensus rating of 'Buy'.

NRP Highlights Strengthened Balance Sheet and Long-Term Growth Strategy in Latest Investor Presentation

Natural Resource Partners LP (NRP) has released an investor presentation showcasing its business structure, asset portfolio, and financial performance. The company owns approximately 13 million acres of mineral interests, including 3.5 million acres for carbon dioxide sequestration. NRP has significantly reduced its debt from nearly $1.5 billion to $70 million and improved free cash flow to $313 million in 2023. Operating and interest expenses have decreased by over 70% as part of its de-leveraging strategy. The full presentation is available through the provided link.

Natural Resource Partners’ Earnings Call: Navigating Challenges

Natural Resource Partners (NRP) held its Q3 earnings call, highlighting its strong cash flow generation of $42 million for the quarter and $190 million over the past year, despite challenges in the coal and soda ash markets. The company has reduced its debt by nearly $130 million, leaving $70 million remaining. NRP announced a $0.75 per common unit distribution for Q2 and Q3 2025. However, the coal market struggles and soda ash downturn impact performance. Looking ahead, NRP aims to increase distributions by Q3 next year, focusing on cash flow and debt reduction.

NATURAL RESOURCE PARTNERS LP SEC 10-Q Report

NATURAL RESOURCE PARTNERS LP has released its Q3 2025 Form 10-Q report, revealing total revenues of $160.6 million, a 21% decrease year-over-year, and net income of $105.4 million, down $35.5 million. The Mineral Rights segment saw a 16% revenue drop, while the Soda Ash segment experienced a 72% decline. Future outlook indicates continued weak pricing for coal and oversupply in the soda ash market. Operational challenges persist, including high costs and regulatory uncertainties. Adjusted EBITDA decreased significantly across both segments.

Natural Resource Partners | 10-Q: FY2025 Q3 Revenue: USD 49.93 M