Natural Resource Partners (NRP) Shares Outstanding (Diluted) (2015 - 2026)
Natural Resource Partners (NRP) reported Shares Outstanding (Diluted) of 13.33 million for Q2 2026, up 0.3% from 13.29 million a year earlier but down 0.1% from the prior quarter.
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Analysis
Natural Resource Partners (NRP) Shares Outstanding (Diluted) (2015 - 2026) Analysis & Trends
For FY2025, Natural Resource Partners posted Shares Outstanding (Diluted) of 13.31 million, down 2.5% from FY2024.
- Shares Outstanding (Diluted) has declined for four consecutive years, though with a five-year compound annual growth rate of 1.7% (FY2020 to FY2025).
- By year, Shares Outstanding (Diluted) came in at 13.65 million in FY2024 (-15.2%), 16.1 million in FY2023 (-18.1%), 19.65 million in FY2022 (-11.4%) and 22.19 million in FY2021 (+81.0%).
- Five-year quarterly Shares Outstanding (Diluted) spans a low of 13.27 million in Q2 2024 and a high of 26.37 million in Q3 2021.
- Year over year, Shares Outstanding (Diluted) gained in four of the last eight quarters, with an average decline of 4.8%.
- The high point for year-over-year Shares Outstanding (Diluted) in five years was Q3 2021 (growth of 115.1%); the low point was Q2 2022 (a decline of 25.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 13.35 million (Q1 2026), 13.31 million (Q4 2025) and 13.3 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 5.95 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 1.98 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 2.57 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 3.09 Bn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 1.21 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 2.60 Bn |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 402.62 Mn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 2.10 Bn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 1.22 Bn |
| 10 | Natural Resource Partners | 1.44 Bn | 1.32 Bn | 47.24 Mn | 13.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.33 Mn |
| Mar 31, 2026 | 13.35 Mn |
| Dec 31, 2025 | 13.31 Mn |
| Sep 30, 2025 | 13.30 Mn |
| Jun 30, 2025 | 13.29 Mn |
| Mar 31, 2025 | 13.30 Mn |
| Dec 31, 2024 | 13.65 Mn |
| Sep 30, 2024 | 13.27 Mn |
| Jun 30, 2024 | 13.27 Mn |
| Mar 31, 2024 | 14.39 Mn |
| Dec 31, 2023 | 16.10 Mn |
| Sep 30, 2023 | 15.47 Mn |
| Jun 30, 2023 | 16.32 Mn |
| Mar 31, 2023 | 17.81 Mn |
| Dec 31, 2022 | 19.65 Mn |
| Sep 30, 2022 | 19.91 Mn |
| Jun 30, 2022 | 19.91 Mn |
| Mar 31, 2022 | 20.16 Mn |
| Dec 31, 2021 | 22.19 Mn |
| Sep 30, 2021 | 26.37 Mn |
API Access
Natural Resource Partners Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=NRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=NRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();