US · NRP
Natural Resource Partners L.P.
- Sector
- Energy · Coal
- Headquarters
- Houston, TX 77002
- Website
- nrplp.com
Price · as of 2025-12-31
$118.78
Market cap 1.59B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $123.02 | +3.57% |
| Intrinsic Value(DCF) | $73.20 | -38.37% |
| Graham-Dodd Method(GD) | — | — |
| Graham Formula(GF) | — | — |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $82.27 | $257.96 | $14.18 | $0.00 | $162.17 |
| 2012 | $80.16 | $287.76 | $64.41 | $0.00 | $171.30 |
| 2013 | $62.72 | $281.37 | $34.21 | $0.00 | $0.00 |
| 2014 | $32.79 | $299.50 | $28.66 | $0.00 | $175.55 |
| 2015 | $5.35 | $88.63 | $0.00 | $0.00 | $0.00 |
| 2016 | $21.10 | $144.52 | $66.60 | $24.51 | $0.00 |
| 2017 | $17.50 | $64.78 | $43.56 | $14.72 | $64.42 |
| 2018 | $25.43 | $53.79 | $21.77 | $17.61 | $0.00 |
| 2019 | $8.86 | $51.46 | $9.00 | $0.00 | $0.00 |
| 2020 | $13.01 | $17.10 | $4.75 | $0.00 | $199.28 |
| 2021 | $30.30 | $78.10 | $91.36 | $33.19 | $499.02 |
| 2022 | $48.16 | $137.22 | $516.87 | $80.81 | $1,594.17 |
| 2023 | $81.40 | $188.28 | $323.08 | $44.59 | $0.00 |
| 2024 | $98.44 | $133.85 | $121.17 | $21.69 | $0.00 |
| 2025 | $119.24 | $123.02 | $49.94 | $0.00 | $0.00 |
AI valuation
Our deep-learning model estimates Natural Resource Partners L.P.'s (NRP) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $123.02
- Current price
- $118.78
- AI upside
- +3.57%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$73.20
-38.37% upside
Graham-Dodd
—
— upside
Graham Formula
—
— upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| NRP | Natural Resource Partners… | $118.78 | 1.59B | +4% | -38% | — | — | 11.62 | 2.50 | 7.83 | 61.09 | — | 2.55 | 81.19% | 68.91% | 1.35% | 23.23% | 21.96% | 17.93% | 0.02 | 17.46 | 1.85 | 1.78 | -0.62 | -9815.00% | -1742.00% | -3325.00% | 10.47% | 5.03 | 26.13% | 3.56% | 41.40% | 11.62% | 11.25 | 9.45 | 7.75 | 9.13 |
| ARRY | Array Technologies, Inc. | $7.58 | 1.16B | +348% | -60% | — | — | — | 4.43 | 0.90 | 22.42 | — | -10.19 | 21.21% | 6.57% | -4.07% | 0.00% | 22.74% | 0.00% | 0.41 | 3.09 | 2.31 | 1.37 | -3.01 | -6256.00% | 4022.00% | -4559.00% | 6.91% | 0.27 | 21.51% | 0.00% | — | 40.39% | 12.07 | 12.75 | 0.79 | 2.06 |
| FLNG | FLEX LNG Ltd. | $27.32 | 1.48B | +7% | -39% | — | -70% | 20.39 | 2.12 | 4.39 | 11.59 | — | 2.12 | 52.86% | 50.57% | 21.52% | 9.81% | 8.17% | 2.83% | 2.57 | 1.90 | 3.03 | 2.70 | 5.55 | -3670.00% | -244.00% | -2623.00% | 8.84% | 0.81 | 6.27% | 10.63% | 216.90% | 10.63% | 16.65 | 21.70 | 8.42 | 0.88 |
| FLOC | Flowco Holdings Inc. | $22.56 | 630.07M | +284% | -58% | +3% | +932% | 4.83 | 2.78 | 0.84 | 2.28 | — | -2.16 | 34.03% | 19.61% | 17.11% | 24.66% | 16.66% | 8.14% | 0.18 | 7.87 | 3.34 | 1.35 | 0.13 | -9558.00% | 4193.00% | 8838.00% | 26.29% | 3.77 | 18.81% | 0.00% | 0.00% | 102.28% | 4.51 | 4.03 | 0.89 | 2.84 |
| GLP | Global Partners LP | $46.98 | 1.59B | -27% | -58% | -61% | -28% | 16.85 | 2.44 | 0.09 | 13.79 | — | 6.87 | 5.72% | 1.03% | 0.39% | 14.11% | 7.55% | 2.57% | 2.40 | 1.39 | 1.14 | 0.50 | 6.80 | -1245.00% | 814.00% | -16742.00% | 11.71% | 0.26 | 7.71% | 0.00% | 0.00% | 24.98% | 17.03 | 16.84 | 0.18 | 5.34 |
| INVX | Innovex International, In… | $26.35 | 1.82B | +68% | +10% | -24% | +148% | 21.98 | 1.73 | 1.87 | 9.11 | — | 2.18 | 24.79% | 11.63% | 8.51% | 8.26% | 7.56% | 6.76% | 0.11 | 44.05 | 4.91 | 2.98 | -0.43 | -5668.00% | 4804.00% | 9510.00% | 8.51% | 1.29 | 15.97% | 0.00% | 0.00% | 5.51% | 15.36 | 11.22 | 1.79 | 7.15 |
| KRP | Kimbell Royalty Partners,… | $14.34 | 1.55B | +466% | -36% | -38% | -35% | 13.28 | 2.49 | 3.96 | 12.95 | — | 2.49 | 93.88% | 39.79% | 16.79% | 15.19% | 7.87% | 8.48% | 0.84 | 3.85 | 8.64 | 4.29 | 3.02 | -10060.00% | 746.00% | -199.00% | 18.57% | 24.07 | 25.56% | 0.00% | 0.00% | 0.00% | 12.99 | 7.02 | 5.17 | 2.44 |
| METC | Ramaco Resources, Inc. | $15.14 | 835.12M | +246% | -40% | -80% | -34% | -16.19 | 1.72 | 1.55 | 29.67 | — | 1.72 | 2.50% | -10.43% | -9.59% | -12.16% | -18.75% | -5.67% | 0.04 | -7.17 | 5.46 | 4.52 | -30.60 | -59048.00% | -1946.00% | -23877.00% | -7.30% | 0.02 | -24.61% | 0.52% | -8.40% | 59.77% | -7.33 | -6.74 | 0.76 | 1.58 |
| VET | Vermilion Energy Inc. | $10.77 | 1.66B | -21% | -59% | -38% | — | -34.83 | 0.58 | 0.78 | 3.30 | — | 0.58 | 54.01% | 12.02% | -2.25% | -1.60% | 6.62% | -0.76% | 0.36 | 2.95 | 0.95 | 0.70 | 1.16 | -7931.00% | -570.00% | 1369.00% | 20.40% | 1.58 | 8.81% | 4.49% | -156.30% | 13.13% | 10.08 | 7.57 | 1.21 | 0.47 |
| VTOL | Bristow Group Inc. | $47.70 | 1.38B | -27% | -73% | 0% | +17% | 9.80 | 1.04 | 0.66 | 7.62 | — | 1.08 | 28.14% | 9.37% | 6.70% | 11.06% | 8.00% | 4.67% | 1.07 | 3.53 | 1.90 | 1.41 | 3.30 | -143750.00% | 910.00% | 5762.00% | -8.39% | 0.54 | -5.06% | 0.00% | 0.00% | 0.44% | 12.36 | -21.02 | 1.16 | 1.70 |
| WKC | World Kinect Corporation | $24.95 | 1.39B | +66% | -60% | — | +76% | -2.24 | 1.05 | 0.04 | -3.52 | — | 5.48 | 1.45% | 0.69% | -1.66% | -37.67% | 9.49% | -9.71% | 0.54 | 2.32 | 1.06 | 0.73 | -0.95 | -107611.00% | -1269.00% | 1857.00% | 16.60% | 0.09 | 10.27% | 3.02% | -6.80% | 21.68% | 7.37 | 8.24 | 0.05 | 6.97 |
About Natural Resource Partners L.P.
Natural Resource Partners L.P., through its subsidiaries, owns, manages, and leases a portfolio of mineral properties in the United States. It operates through two segments, Mineral Rights and Soda Ash. The company owns interests in coal, soda ash, trona, and other natural resources. Its coal reserves are primarily located in Appalachia, the Illinois Basin, and the Northern Powder River Basin in the United States; industrial minerals and aggregates properties are located in the United States; oil and gas properties located in Louisiana; timber assets located in West Virginia; and trona ore mining operation and soda ash refinery are located in the Green River Basin, Wyoming. The company leases a portion of its reserves in exchange for royalty payments; and owns and leases transportation and processing infrastructure related to coal properties. NRP (GP) LP serves as the general partner of the company. Natural Resource Partners L.P. was incorporated in 2002 and is headquartered in Houston, Texas.
- CEO
- Corbin J. Robertson Jr.
- Employees
- 56
- Beta
- 0.20
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($73.20 ÷ $118.78) − 1 = -38.37% (DCF, example).