Business Description
Natural Resource Partners L.P. is a Houston-based company founded in 2002 that owns and manages a broad portfolio of mineral properties across the United States. Its holdings include coal reserves in major basins such as Appalachia, Illinois, and the Northern Powder River, as well as soda ash, trona, oil, and gas assets. The company generates revenue primarily by leasing these resources to operators in exchange for royalty payments, while also owning related transportation and processing infrastructure.