Kimbell Royalty Partners

KRP

Market cap $1.2B

Kimbell Royalty Partners maintains strong market share with active rig counts in strategically critical energy basins in the U.S. The company has grown through acquisitions, demonstrating higher run-rate production since 2017 despite commodity price volatility. We estimate the company's forward yield at 10.6% annually, mostly as a tax-advantaged return of capital.

Kimbell Royalty Partners (KRP) offers direct exposure to U.S. oil and gas royalties, providing high income without operational or capex risks. KRP's asset-light model delivers double-digit yields, inflation protection, and growth through disciplined acquisitions across major shale basins, especially the Permian. Risks include direct commodity price exposure and MLP tax complexities, but KRP's diversified portfolio and strong balance sheet mitigate many concerns.

FORT WORTH, Texas, Sept. 25, 2025 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell"), a leading owner of oil and natural gas mineral and royalty interests in more than 131,000 gross wells across 28 states, today announced that it will release its third quarter 2025 financial results on Thursday, November 6, 2025, before the market opens.

Less popular destinations often offer a more immersive experiences. The same is true with investing as well. We focus on diversified, under-the-radar assets to generate stable, high-yield income streams for a secure retirement.

Kimbell Royalty Partner, LP's business model has a very low capital intensity and cost sensitivity, which ensures adequate and positive profits and cash inflows. Its robust Balance Sheet shows it can sustain more acquisitions and cash distributions, while positioning it well for future expansion opportunities in the natural gas market. Its valuation is cheap, which warrants some upside, justified by its strong fundamentals and new growth prospects.

Slight drops in production, revenue, EPS, and EBITDA, but costs fell and balance sheet stayed strong. The dividend payout is 75% of cash flow and the rest is used for debt repayment and 100% return of capital avoids US dividend tax. Debt $462M, low leverage (1.6x), bigger credit line, and preferred buyback boost flexibility.

Kimbell Royalty Partners, LP Common Units (NYSE:KRP ) Q2 2025 Earnings Conference Call August 7, 2025 11:00 AM ET Company Participants Matthew S. Daly - COO & Secretary of Kimbell Royalty GP LLC Robert Davis Ravnaas - President & CFO of Kimbell Royalty GP LLC Robert Dean Ravnaas - Chairman of the Board & CEO of Kimbell Royalty GP LLC Conference Call Participants John Annis - Unidentified Company Noah B.

Kimbell (KRP) Q2 Revenue Rises 13%

Kimbell Royalty (KRP) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.11 per share a year ago.

Q2 2025 Run-Rate Daily Production of 25,355 Boe/d (6:1) Activity on Acreage Remains Robust with 88 Active Rigs Drilling Representing 17% 1  Market Share of U.S. Land Rig Count Announces Q2 2025 Cash Distribution of $0.38 per Common Unit FORT WORTH, Texas, Aug. 7, 2025 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and natural gas mineral and royalty interests in over 131,000 gross wells across 28 states, today announced financial and operating results for the quarter ended June 30, 2025.  Second Quarter 2025 Highlights Q2 2025 run-rate daily production of 25,355 barrels of oil equivalent ("Boe") per day (6:1) Q2 2025 oil, natural gas and NGL revenues of $74.7 million Q2 2025 net income of approximately $26.7 million and net income attributable to common units of approximately $2.0 million Q2 2025 consolidated Adjusted EBITDA of $63.8 million Cash G&A per BOE of $2.36 in Q2 2025, below low-end of guidance reflecting operational discipline and positive operating leverage As of June 30, 2025, Kimbell's major properties2 had 7.99 net DUCs and net permitted locations on its acreage (5.10 net DUCs and 2.89 net permitted locations) compared to an estimated 6.5 net wells needed to maintain flat production As of June 30, 2025, Kimbell had 88 rigs actively drilling on its acreage, representing approximately 17% market share of all land rigs drilling in the continental United States as of such time Announced a Q2 2025 cash distribution of $0.38 per common unit, reflecting a payout ratio of 75% of cash available for distribution; implies a 10.3% annualized yield based on the August 6, 2025 closing price of $14.79 per common unit; Kimbell intends to utilize the remaining 25% of its cash available for distribution to repay a portion of the outstanding borrowings under Kimbell's secured revolving credit facility Kimbell affirms its financial and operational guidance ranges for 2025 previously disclosed in its Q4 2024 earnings release Robert Ravnaas, Chairman and Chief Executive Officer of Kimbell Royalty GP, LLC, Kimbell's general partner (the "General Partner"), commented, "Kimbell's active rig count remains strong with our market share of U.S. land rigs actively drilling increasing by 1% to 17%.