Natural Resource Partners NRP
NYSE NRP
$108.99 -0.04 (-0.04%)
At close: Sep 18, 2026 · 4:00 PM EDT

Natural Resource Partners (NRP) Operating Expenses (2009 - 2026)

Natural Resource Partners (NRP) posted Operating Expenses of $21.9 million for Q2 2026, up 16.64% on a QoQ basis from $18.8 million in Q1 2026, and up 61.97% year-over-year from $13.5 million in Q2 2025.

Analysis

Natural Resource Partners (NRP) Operating Expenses (2009 - 2026) Analysis & Trends

Natural Resource Partners has reported Operating Expenses for 18 years, with the latest figure at $21.9 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 61.97% year-over-year to $21.9 million in Q2 2026; TTM through Jun 2026 was $72.4 million, a 6.39% increase from a year earlier, with the FY2025 full-year figure at $62.9 million, down 8.54% from the prior year.
  • Operating Expenses was $21.9 million for Q2 2026 at Natural Resource Partners, up from $18.8 million in the prior quarter.
  • The five-year high for Operating Expenses was $26.3 million in Q4 2022, with the low at $13.5 million in Q2 2025.
  • Average Operating Expenses over 5 years is $18.5 million, with a median of $17.6 million recorded in 2024.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses decreased 25.08% in 2025, then soared 61.97% in 2026.
  • Over 5 years, Operating Expenses stood at $26.3 million in 2022, then declined by 7.63% to $24.3 million in 2023, then slipped by 19.92% to $19.4 million in 2024, then fell by 25.08% to $14.6 million in 2025, then jumped by 50.32% to $21.9 million in 2026.
  • The last three Operating Expenses figures came in at $21.9 million (Q2 2026), $18.8 million (Q1 2026), and $14.6 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Viper Energy 15.06 Bn 20.23 Bn - 249.00 Mn
2 Black Stone Minerals 3.15 Bn 3.14 Bn - 38.90 Mn
3 Kimbell Royalty Partners 1.47 Bn 1.43 Bn - 52.80 Mn
4 Dorchester Minerals 1.46 Bn 1.39 Bn - 25.20 Mn
5 Natural Resource Partners 1.44 Bn 1.41 Bn 47.24 Mn 21.88 Mn
6 Evolution Petroleum 138.41 Mn 130.18 Mn 11.43 Mn 20.74 Mn
7 Altex Industries 1.90 Mn 1.90 Mn - 56,000.00
8 Mentor Capital 827,678.86 91,860.86 65,595.00 197,439.00
9 Leopard Energy 165,479.20 149,827.20 1,715.00 4,167.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 21.88 Mn
Mar 31, 2026 18.76 Mn
Dec 31, 2025 14.56 Mn
Sep 30, 2025 17.25 Mn
Jun 30, 2025 13.51 Mn
Mar 31, 2025 17.62 Mn
Dec 31, 2024 19.43 Mn
Sep 30, 2024 17.54 Mn
Jun 30, 2024 15.13 Mn
Mar 31, 2024 16.71 Mn
Dec 31, 2023 24.26 Mn
Sep 30, 2023 18.68 Mn
Jun 30, 2023 17.43 Mn
Mar 31, 2023 17.09 Mn
Dec 31, 2022 26.27 Mn
Sep 30, 2022 20.08 Mn
Jun 30, 2022 20.96 Mn
Mar 31, 2022 16.43 Mn
Dec 31, 2021 18.70 Mn
Sep 30, 2021 17.65 Mn