The call highlighted robust free cash flow generation and successful deleveraging progress, but was overshadowed by significant challenges in the coal and soda ash markets and a lack of progress in carbon-neutral initiatives.

Company Guidance -

Q3 2025

During the Natural Resource Partners L.P. second quarter 2025 earnings call, the company highlighted its robust financial performance despite challenging market conditions. NRP generated $46 million in free cash flow for the quarter and $203 million over the past 12 months, while also reporting $34 million in net income. The Mineral Rights segment contributed $40 million in net income and $46 million in operating and free cash flow, although these figures reflected a decrease due to weaker coal markets. For the quarter, metallurgical coal accounted for approximately 70% of coal royalty revenues and 55% of sales volumes. The Soda Ash segment reported $3 million in net income and $5 million in free cash flow, with both metrics declining due to weak demand and increased supply pressures. NRP is on track to pay off substantially all of its debt by mid-2025, allowing for increased unitholder distributions by August 2026. Despite current market headwinds, the company remains optimistic about long-term opportunities and continues to explore potential investments and opportunities for capital returns.

Robust Free Cash Flow Generation

NRP generated $46 million of free cash flow in Q2 2025 and $203 million over the last 12 months, despite cyclical lows in commodity prices.

Deleveraging Strategy Success

NRP is on track to pay off substantially all debt by mid-next year, potentially increasing unitholder distributions starting next August.

Mineral Rights Segment Performance

Generated $40 million of net income and $46 million of operating and free cash flow in Q2 2025.

Natural Resource PRN (NRP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

NRP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	- / -	2.003	―	―	―
Aug 06, 2025	2025 (Q2)	- / 2.52	2.287	10.28% (+0.23)	―
May 06, 2025	2025 (Q1)	- / 2.96	3.828	-22.54% (-0.86)	―
Feb 28, 2025	2024 (Q4)	- / 3.15	4.31	-26.91% (-1.16)	―
Nov 05, 2024	2024 (Q3)	- / 2.00	2.912	-31.22% (-0.91)	―
Aug 07, 2024	2024 (Q2)	- / 2.29	2.486	-8.00% (-0.20)	―
May 07, 2024	2024 (Q1)	- / 3.83	3.102	23.40% (+0.73)	―
Mar 07, 2024	2023 (Q4)	- / 4.31	3.13	37.70% (+1.18)	―
Nov 03, 2023	2023 (Q3)	- / 2.91	3.333	-12.63% (-0.42)	―
Aug 04, 2023	2023 (Q2)	- / 2.49	2.919	-14.83% (-0.43)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

NRP Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$103.01	$104.16	+1.12%
May 06, 2025	$101.18	$97.21	-3.92%
Feb 28, 2025	$97.05	$103.30	+6.44%
Nov 05, 2024	$90.70	$95.65	+5.46%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Natural Resource Partners (NRP) report earnings?

Natural Resource Partners (NRP) is schdueled to report earning on Oct 30, 2025, Before Open (Confirmed).

What is Natural Resource Partners (NRP) earnings time?

Natural Resource Partners (NRP) earnings time is at Oct 30, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is NRP EPS forecast?

Currently, no data Available

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing