Overview

* Natural Resource Partners Q2 2025 rev declines amid weak coal and soda ash prices

* Co generated $46.3 mln free cash flow despite challenging market conditions

* Net income for Q2 2025 fell to $34.2 mln, reflecting segment challenges

Outlook

* NRP expects weak coal pricing to persist through 2025

* Company anticipates soda ash market oversupply to continue

* NRP sees Sisecam Wyoming distributions below historical norms

* Company highlights uncertain timing for carbon neutral revenue activities

Result Drivers

* COAL PRICES - Weak metallurgical and thermal coal prices impacted Mineral Rights segment, leading to decreased income and cash flow

* SODA ASH OVERSUPPLY - Oversupply in soda ash market due to increased global capacity and sluggish demand affected segment income

* INTEREST EXPENSES - Lower interest expenses contributed to increased net income in Corporate and Financing segment

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $50.10

Revenue mln

Q2 EPS $2.52

Q2 Net $34.21

Income mln

Q2 Free $46.29

Cash mln

Flow

Q2 $36.59

Income mln

from

Operatio

ns

Q2 $45.58

Operatin mln

g Cash

Flow

Q2 $13.51

Operatin mln

g

Expenses

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)