Yup, here is a quote from there website:
Bumblin Bear Grease is an all natural patch lube designed especially for the rigors of cold weather hunting. No more "punched through" frozen patches. The exclusive blend of bear grease and beeswax, plus other natural ingredients, makes this an ideal lube for traditional shooters and re-enactors, too. Comes in a 4 oz.
I guess I don't mind the beeswax, I can't smell it....wish they would say what the other natural ingredients are.
The thickness (right out of my cool 20 degree mailbox) is a little softer than a freshly opened can of Kiwi shoe polish if that helps any? I will check it again when it gets up to house room temperature. I can't wait to give it a try.