Every 8-K that Natural Resource Partners L.P. (NRP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow NRP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NRP filings page.
Natural Resource Partners L.P. reported second quarter 2026 net income of $25,176 (in thousands), operating cash flow of $40,950 (in thousands) and free cash flow of $41,723 (in thousands). For the last twelve months, net income was $106,698 (in thousands) and free cash flow was $123,626 (in thousands), or $162,826 (in thousands) before a $39,200 (in thousands) investment in its soda ash business.
The board declared a second quarter 2026 cash distribution of $0.75 per common unit, payable August 25, 2026 to unitholders of record on August 18, 2026. Mineral Rights revenues rose to $49,119 (in thousands), with approximately 70% of coal royalty revenues and 45% of coal royalty sales volumes from metallurgical coal, though segment net income declined due to a higher depletion rate at a thermal property. The Soda Ash segment posted an equity loss of $4,905 (in thousands) as prices weakened and distributions from Sisecam Wyoming ceased; the partnership does not expect such distributions for several years. Total liquidity at June 30, 2026 was $217.0 million, including $30.1 million of cash and $186.9 million of revolver availability, with debt of $27,415 (in thousands) and a leverage ratio of 0.2 x. Management stated it is on track to pay off all debt and significantly raise distributions before year-end.
Natural Resource Partners L.P. reported first quarter 2026 net income of $19.6 million on total revenues and other income of $39.4 million, down from the prior year as weaker coal and soda ash markets weighed on results. Operating cash flow was $33.0 million, and free cash flow was $33.8 million before a $39.2 million capital investment in its soda ash business, resulting in negative reported free cash flow.
The board declared a first quarter 2026 cash distribution of $0.75 per common unit, following payment of a fourth quarter 2025 distribution of $0.75 and a special $0.12 distribution to help cover 2025 tax liabilities. Over the last twelve months, the partnership generated $115.7 million of net income and $167.4 million of free cash flow before soda ash investment, with a leverage ratio of 0.4x and liquidity of $185.4 million at March 31, 2026.
Mineral Rights net income declined by $11.7 million year over year due to lower metallurgical and thermal coal volumes and higher depletion. Soda Ash net income fell by $12.5 million, reflecting lower prices and the capital investment in Sisecam Wyoming, from which NRP has not received distributions since the second quarter of 2025 and does not expect distributions for several years in an oversupplied market.
Natural Resource Partners L.P. reported solid cash generation in a tougher 2025 pricing environment. Net income was $136.4M for 2025, down from $183.6M in 2024, as revenues and earnings fell in both the Mineral Rights and Soda Ash segments.
Despite weaker metallurgical coal and soda ash markets, NRP produced $168.7M of free cash flow and retired $109M of debt, ending 2025 with only $33.2M of debt and a leverage ratio of 0.2x. Liquidity totaled $211.2M, including $30.1M of cash.
The partnership paid $4.21 per common unit in 2025 distributions and has declared a new special cash distribution of $0.12 per common unit, payable on March 17, 2026 to unitholders of record on March 10, 2026, to help cover 2025 tax liabilities.
Natural Resource Partners L.P. announced its third‑quarter 2025 earnings and operating results via a press release furnished on November 4, 2025.
The press release is attached as Exhibit 99.1. The information was furnished rather than filed, which means it is not subject to Section 18 liability and is not incorporated by reference into Securities Act or Exchange Act filings.