Natural Resource Partners (NRP) Accumulated Expenses (2014 - 2026)
Natural Resource Partners (NRP) recorded Accumulated Expenses of $7.13 million in Q2 2026, down 6.8% from $7.65 million a year earlier but up 54.8% from the prior quarter.
Natural Resource Partners (NRP) Accumulated Expenses (2014 - 2026) Analysis & Trends
At the end of FY2025, Natural Resource Partners reported Accumulated Expenses of $10.9 million, down 10.1% from FY2024.
- Annual Accumulated Expenses has a five-year compound annual growth rate of 7.1% (FY2020 to FY2025).
- Across earlier years, Accumulated Expenses came in at $12.12 million in FY2024 (-6.7%), $12.99 million in FY2023 (+9.0%), $11.92 million in FY2022 (+15.7%) and $10.3 million in FY2021 (+33.2%).
- Quarterly Accumulated Expenses has ranged from $3.39 million in Q1 2022 to $12.99 million in Q4 2023 over the past five years.
- On a year-over-year basis, Accumulated Expenses has declined for three consecutive quarters, with an average year-over-year change of 0.0% over the last eight quarters.
- Peak year-over-year performance for Accumulated Expenses in the last five years was growth of 46.1% in Q1 2024, against a decline of 30.2% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $4.61 million (Q1 2026), $10.9 million (Q4 2025) and $8.31 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - |
| 10 | Natural Resource Partners | 1.44 Bn | 1.32 Bn | 47.24 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.13 Mn |
| Mar 31, 2026 | 4.61 Mn |
| Dec 31, 2025 | 10.90 Mn |
| Sep 30, 2025 | 8.31 Mn |
| Jun 30, 2025 | 7.65 Mn |
| Mar 31, 2025 | 5.10 Mn |
| Dec 31, 2024 | 12.12 Mn |
| Sep 30, 2024 | 7.91 Mn |
| Jun 30, 2024 | 7.23 Mn |
| Mar 31, 2024 | 5.06 Mn |
| Dec 31, 2023 | 12.99 Mn |
| Sep 30, 2023 | 6.51 Mn |
| Jun 30, 2023 | 5.72 Mn |
| Mar 31, 2023 | 3.47 Mn |
| Dec 31, 2022 | 11.92 Mn |
| Sep 30, 2022 | 5.91 Mn |
| Jun 30, 2022 | 5.51 Mn |
| Mar 31, 2022 | 3.39 Mn |
| Dec 31, 2021 | 10.30 Mn |
| Sep 30, 2021 | 6.23 Mn |
Natural Resource Partners Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "NRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();