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Note 14 - Major Customers
12 Months Ended
Dec. 31, 2022
Notes to Financial Statements  
Concentration Risk Disclosure [Text Block]

14.    Major Customers

 

Revenues from customers that exceeded 10 percent of total revenues for any of the periods presented below are as follows:

 

   

For the Year Ended December 31,

 
   

2022

   

2021

   

2020

 

(In thousands)

 

Revenues

   

Percent

   

Revenues

   

Percent

   

Revenues

   

Percent

 

Alpha Metallurgical Resources, Inc. (1)

  $ 102,352       26 %   $ 49,440       23 %   $ 33,227       24 %

Foresight (1) (2)

    65,597       17 %     37,366       17 %     35,704       26 %

 


(1)

Revenues from Alpha Metallurgical Resources, Inc. and Foresight are included within the Partnership's Mineral Rights segment.

(2)

Revenues from Foresight in 2020 and 2021 were fixed as a result of the lease amendment the Partnership entered into with Foresight pursuant to which Foresight agreed to pay NRP fixed cash payments to satisfy all obligations arising out of the existing various coal mining leases and transportation infrastructure fee agreements between the Partnership and Foresight. Revenues from Foresight in 2022 represent traditional royalty and minimum payments.