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Natural Resources Partners LP's quarterly market cap
declined
from Sep. 2025 ($1,379.5 Mil) to Dec. 2025 ($1,371.6 Mil) but then
increased
from Dec. 2025 ($1,371.6 Mil) to Mar. 2026 ($1,603.3 Mil).
Natural Resources Partners LP's annual market cap
increased
from Dec. 2023 ($1,169.5 Mil) to Dec. 2024 ($1,448.4 Mil) but then
declined
from Dec. 2024 ($1,448.4 Mil) to Dec. 2025 ($1,371.6 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Natural Resources Partners LP's Enterprise Value for Today is $1,327.4 Mil.
Natural Resources Partners LP (NYSE:NRP) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Natural Resources Partners LP Market Cap Related Terms
Natural Resources Partners LP Market Cap Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Thermal Coal subindustry, Natural Resources Partners LP's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Natural Resources Partners LP Market Cap vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Natural Resources Partners LP's Market Cap distribution charts can be found below:
* The bar in red indicates where Natural Resources Partners LP's Market Cap falls into.
Natural Resources Partners LP Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Natural Resources Partners LP (NRP) has a Market Cap of $1,298.5 Mil as of Jul. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Natural Resources Partners LP and its competitors. According to the industry distribution chart, Natural Resources Partners LP ranks #58 out of 188 companies in the Other Energy Sources industry, placing it in the top 30.9%.
Is Natural Resources Partners LP's Market Cap too high?
Natural Resources Partners LP's current Market Cap is $1,298.5 Mil. The Other Energy Sources industry median Market Cap is 187.84. Natural Resources Partners LP's value of $1,298.5 Mil is 591.3% above this industry median. Based on the distribution chart, Natural Resources Partners LP ranks #58 out of 188 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Natural Resources Partners LP has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Resources Partners LP's Market Cap compare to NC and BTU?
According to the Other Energy Sources industry distribution chart, Natural Resources Partners LP ranks #58 out of 188 companies for Market Cap. This puts Natural Resources Partners LP in the upper half of its industry. The industry median Market Cap is 187.84. Natural Resources Partners LP's value of $1,298.5 Mil is 591.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Other Energy Sources company?
The median Market Cap among Other Energy Sources companies is 187.84, based on 188 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Natural Resources Partners LP's current Market Cap of $1,298.5 Mil is 591.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Natural Resources Partners LP and its competitors. For the Other Energy Sources industry, the median Market Cap is 187.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Resources Partners LP's current Market Cap is $1,298.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Resources Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Natural Resources Partners LP (NRP) is currently considered Modestly Overvalued. The stock's GF Value™ is $79.26, compared to a current price of $98.00 — trading 23.6% above its estimated fair value. The current Market Cap is $1,298.5 Mil and 591.3% above the Other Energy Sources industry median of 187.84. Natural Resources Partners LP's overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Natural Resources Partners LP (NRP), the current Market Cap is $1,298.5 Mil as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Natural Resources Partners LP (NRP) Overvalued in 2026?
Based on GuruFocus' analysis, Natural Resources Partners LP stock appears to be overvalued.
The current stock price of $98.00 is trading 23.6% above its estimated GF Value™ of $79.26.
GuruFocus considers Natural Resources Partners LP to be Modestly Overvalued.
Key valuation signals for NRP:
Market Cap: $1,298.5 Mil
GF Value™: $79.26 vs. price of $98.00 (23.6% above fair value)
Industry Position: 591.3% above the Other Energy Sources median (#58 of 188)
No single metric tells the full story. See the NRP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Natural Resources Partners LP Business Description
Natural Resources Partners LP is a diversified natural resource company. It is engaged in the business of owning, managing and leasing a diversified portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, crude oil and natural gas, construction aggregates, frac sand, and other natural resources. The company leases coal reserves to experience mine operators under long-term leases that grant the operator the right to mine its coal reserves in exchange for royalty payments. The company operates in two reportable segments namely: Mineral Rights and Soda Ash. The majority of the revenue is generated from the Mineral Rights segment. Geographically, the company's business activity of the group functions through the United States.
66GF Score
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