Natural Resource Partners
About: Natural Resources Partners LP is a diversified natural resource company. It is engaged in the business of owning, managing and leasing a diversified portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, crude oil and natural gas, construction aggregates, frac sand, and other natural resources. The company leases coal reserves to experience mine operators under long-term leases that grant the operator the right to mine its coal reserves in exchange for royalty payments. The company operates in two reportable segments namely: Mineral Rights and Soda Ash. the majority of the revenue is generated from the Mineral Rights segment. The business activity of the group functions through the United States.
Employees: 55
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
150% more call options, than puts
Call options by funds: $13.1M | Put options by funds: $5.23M
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
38% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 16
3% more funds holding
Funds holding: 58 [Q1] → 60 (+2) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 4 (+0) [Q2]
9.27% less ownership
Funds ownership: 41.29% [Q1] → 32.02% (-9.27%) [Q2]
19% less capital invested
Capital invested by funds: $463M [Q1] → $373M (-$90.1M) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for NRP.