NATURAL RESOURCE PARTNERS LP

For the period ended Mar 31, 2025. Filed May 6, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 6, 2025

NRP$122.68+2.2%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Comprehensive Income

	For the Three Months Ended March 31,
(In thousands, except per unit data)	2025	2024
Revenues and other income
Royalty and other mineral rights	$51,260	$67,372
Transportation and processing services	4,421	3,427
Equity in earnings of Sisecam Wyoming	4,610	5,450
Gain on asset sales and disposals	247	165
Total revenues and other income	$60,538	$76,414
Operating expenses
Operating and maintenance expenses	$6,776	$5,733
Depreciation, depletion and amortization	3,989	4,654
General and administrative expenses	6,832	6,327
Asset impairments	20	—
Total operating expenses	$17,617	$16,714
Income from operations	$42,921	$59,700
Interest expense, net	$(2,668)	$(3,487)
Net income	$40,253	$56,213
Less: income attributable to preferred unitholders	—	(2,150)
Net income attributable to common unitholders and the general partner	$40,253	$54,063
Net income attributable to common unitholders	$39,448	$52,982
Net income attributable to the general partner	805	1,081
Net income per common unit (see Note 5)
Basic	$3.01	$4.13
Diluted	2.97	3.83
Net income	$40,253	$56,213
Comprehensive income from unconsolidated investment and other	2,260	845
Comprehensive income	$42,513	$57,058

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