Natural Resource Partners Q2 net income falls to $25.2 million from $34.2 million
Natural Resource Partners L.P. (NYSE: NRP) reported second quarter 2026 net income of $25.2 million, down from $34.2 million a year earlier, and total revenues and other income of $48.1 million, down from $50.1 million. The company declared a $0.75 per common unit distribution, the same amount it paid for the first quarter of 2026, but said soda ash market weakness means it does not expect distributions from Sisecam Wyoming for several years.
Key points
- Net income was $25.2 million in Q2 2026 versus $34.2 million in Q2 2025; free cash flow was $41.7 million.
- Equity in loss of Sisecam Wyoming was $4.9 million in Q2 2026, compared with equity earnings of $2.5 million a year earlier, and no distribution was received from the soda ash business in Q2 2026.
- Mineral Rights revenues rose $6.1 million year over year, while Mineral Rights net income fell $3.5 million due to revised engineering and a higher depletion rate at a thermal property.
- The board declared a $0.75 per common unit distribution payable August 25, 2026, to unitholders of record on August 18, 2026; liquidity was $217.0 million at June 30, 2026.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.