Natural Resource Partners Q2 Earnings Fall on Soda Ash Weakness

Earnings
โดย Zacks Investment Research·US·Read original
Summary · why it matters

Natural Resource Partners reported second-quarter 2026 earnings that declined from a year earlier, driven by weakness in its soda ash segment. Total revenue and other income fell 4% to $48.11 million, while diluted earnings per common unit dropped 26.6% to $1.85 from $2.52. Net income decreased 26.4% to $25.18 million, and the company posted a $4.98 million net loss in soda ash, reversing a $2.5 million profit, due to lower selling prices and a $4.91 million equity loss from Sisecam Wyoming. Mineral Rights revenue rose 11.4% to $53.02 million, helped by a 34.8% increase in coal sales volume, but segment net income fell 8.7% on higher depreciation. The board declared a $0.75-per-unit distribution, and management expects to retire all debt before year-end and significantly increase the quarterly distribution payable in November.

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SisecamPrivate▼ Negative
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Sisecam Wyoming equity loss of $4.91 million contributed to soda ash segment loss.

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