Natural Resource Partners LP NRP
Coal Mining · IPO 2002 · data as of November 13, 2026
Natural Resource Partners LP (NRP) is a energy company listed in the US with a market value of about $1.6B. In the twelve months to September 30, 2026 it had revenue of $197M and net income of $100M, a net margin of 50.8%.
Its overall Stock Analiz score is 1.8 out of 5 (weak). The strongest part is financial health (5/5); the weakest is future growth (0/5).
Key numbers: a P/E of 16.4, a price to free cash flow of 10.1. A discounted cash flow model with moderate assumptions puts its intrinsic value about 49% below the current price.
Score: 1.8 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Profitable 5 years in a row
- More cash than debt, or low debt to equity
- Positive free cash flow
- Interest covered more than 5 times
- Debt below 3 years of free cash flow
Checks not passed
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $197M | — | $232M | $279M | $307M | $216M | $140M | $257M | $251M | $374M | $371M |
| Net income | $100M | $136M | $155M | $201M | $238M | $77M | -$85M | -$24M | $140M | $89M | $97M |
| Free cash flow | $163M | $166M | $248M | $311M | $267M | $122M | $89M | $131M | $189M | $127M | $108M |
| EPS (diluted) | $7.52 | $10.29 | — | — | — | — | — | — | — | — | — |
| Net margin | 50.8% | — | 66.7% | 72.0% | 77.7% | 35.8% | -60.7% | -9.5% | 55.6% | 23.7% | 26.1% |
| ROIC | — | — | — | — | — | — | — | — | — | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
Frequently asked questions
What is Natural Resource Partners LP’s P/E ratio?
About 16.4, based on the last twelve months of diluted earnings per share.
Is Natural Resource Partners LP stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 49% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Natural Resource Partners LP pay a dividend?
Yes. The dividend yield is about 7.58%.
Is Natural Resource Partners LP a good stock to buy?
We do not give buy or sell advice. Natural Resource Partners LP scores 1.8 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.