NRP (Natural Resources Partners LP) Moat Score: 4/10 (As of Aug. 18, 2026)

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NRP Natural Resources Partners LP NRP
63 GF Score
Price $102.86
GF Value $84.85
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Natural Resources Partners LP Moat Score?

Natural Resources Partners LP NRP -1.04% 63 Moat Score is 4 as of Aug. 18, 2026. GuruFocus rates NRP with a GF Score™ of 63/100 and a GF Value™ of $84.85 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 187 Other Energy Sources companies, Natural Resources Partners LP ranks better than 89.84% on this metric.

Natural Resources Partners LP has the Moat Score of 4, which implies that the company might have Narrow Moat - Discernible but modest moat.

Natural Resources Partners LP has Narrow Moat: NRP has some cost advantages due to its asset base in natural resources. However, it lacks strong brand strength, customer loyalty, and significant regulatory barriers, resulting in a modest moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Natural Resources Partners LP might have Narrow Moat - Discernible but modest moat.

Natural Resources Partners LP  (NYSE:NRP) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Natural Resources Partners LP Moat Score Related Terms

NRP vs NC, BTU, ARLP: Moat Score Comparison

For the Thermal Coal subindustry, Natural Resources Partners LP's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Natural Resources Partners LP's Moat Score distribution charts can be found below:

* The bar in red indicates where Natural Resources Partners LP's Moat Score falls into.


NRP
63GF Score
Natural Resources Partners LP NRP
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 4 mean?
Natural Resources Partners LP (NRP) has a Moat Score of 4 as of Aug. 18, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Natural Resources Partners LP ranks #19 out of 187 companies in the Other Energy Sources industry, placing it in the top 10.2%.
Is Natural Resources Partners LP's Moat Score too high?
Natural Resources Partners LP's current Moat Score is 4. Based on the distribution chart, Natural Resources Partners LP ranks #19 out of 187 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Natural Resources Partners LP has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Resources Partners LP's Moat Score compare to NC and BTU?
According to the Other Energy Sources industry distribution chart, Natural Resources Partners LP ranks #19 out of 187 companies for Moat Score. This places Natural Resources Partners LP in the top 10% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Other Energy Sources company?
A good Moat Score depends on the Other Energy Sources industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Natural Resources Partners LP's current Moat Score is 4. 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 $84.85, compared to a current price of $102.86 — trading 21.2% above its estimated fair value. The current Moat Score is 4. Natural Resources Partners LP's overall GF Score™ is 63/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Natural Resources Partners LP (NRP), the current Moat Score is 4 as of Aug. 18, 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 $102.86 is trading 21.2% above its estimated GF Value™ of $84.85. GuruFocus considers Natural Resources Partners LP to be Modestly Overvalued.

Key valuation signals for NRP:

  • Moat Score: 4
  • GF Value™: $84.85 vs. price of $102.86 (21.2% above fair value)
  • GF Score™: 63/100 with 3 warning signs

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

Address 1415 Louisiana Street, Suite 3325, Houston, TX, USA, 77002
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.
63GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$102.86
Price
$84.85
GF Value