Natural Resource Partners (NRP) Total Debt (2009 - 2026)
Natural Resource Partners (NRP) reported Total Debt of $27.36 million for Q2 2026, down 73.0% from $101.34 million a year earlier and down 54.6% from the prior quarter.
Natural Resource Partners (NRP) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Natural Resource Partners posted Total Debt of $33.08 million, down 76.7% from FY2024.
- Total Debt has declined for 11 consecutive years, with a five-year compound annual growth rate of -41.2% (FY2020 to FY2025).
- By year, Total Debt came in at $142.07 million in FY2024 (-8.4%), $155.06 million in FY2023 (-7.9%), $168.28 million in FY2022 (-61.2%) and $433.55 million in FY2021 (-8.0%).
- The Q2 2026 figure ranks as the lowest quarterly Total Debt in data going back to Q4 2009.
- Year over year, Total Debt has now declined in each of the last eight quarters, with an average decline of 45.3% over the last eight quarters.
- The high point for year-over-year Total Debt in five years was Q2 2024 (growth of 15.3%); the low point was Q4 2025 (a decline of 76.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $60.32 million (Q1 2026), $33.08 million (Q4 2025) and $69.38 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 741.55 Bn | 698.03 Bn | - | 42.37 Bn |
| 2 | Chevron | 446.10 Bn | 418.22 Bn | 33.45 Bn | 37.08 Bn |
| 3 | Shell | 309.71 Bn | 239.45 Bn | 30.13 Bn | 73.08 Bn |
| 4 | TotalEnergies SE | 197.77 Bn | 78.36 Bn | 61.77 Bn | 62.92 Bn |
| 5 | Conocophillips | 176.94 Bn | 149.65 Bn | 12.81 Bn | 23.29 Bn |
| 6 | Equinor Asa | 119.27 Bn | 33.72 Bn | - | 24.43 Bn |
| 7 | Phillips 66 | 116.28 Bn | 104.07 Bn | 8.38 Bn | 20.57 Bn |
| 8 | Canadian Natural Resources | 113.64 Bn | 110.65 Bn | 8.84 Bn | 12.07 Bn |
| 9 | Suncor Energy | 96.17 Bn | 81.91 Bn | - | 9.85 Bn |
| 10 | Natural Resource Partners | 1.52 Bn | 1.40 Bn | 47.24 Mn | 27.36 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.36 Mn |
| Mar 31, 2026 | 60.32 Mn |
| Dec 31, 2025 | 33.08 Mn |
| Sep 30, 2025 | 69.38 Mn |
| Jun 30, 2025 | 101.34 Mn |
| Mar 31, 2025 | 138.80 Mn |
| Dec 31, 2024 | 142.07 Mn |
| Sep 30, 2024 | 197.36 Mn |
| Jun 30, 2024 | 210.33 Mn |
| Mar 31, 2024 | 188.80 Mn |
| Dec 31, 2023 | 155.06 Mn |
| Sep 30, 2023 | 207.52 Mn |
| Jun 30, 2023 | 182.44 Mn |
| Mar 31, 2023 | 172.88 Mn |
| Dec 31, 2022 | 168.28 Mn |
| Sep 30, 2022 | 238.72 Mn |
| Jun 30, 2022 | 298.37 Mn |
| Mar 31, 2022 | 417.21 Mn |
| Dec 31, 2021 | 433.55 Mn |
| Sep 30, 2021 | 453.52 Mn |
Natural Resource Partners Total Debt 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=total-debt&ticker=NRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=NRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();