Kimbell Royalty Partners, LP KRP

Energy SIC 1311 - Crude Petroleum & Natural Gas NAICS Mining, Quarrying, and Oil and Gas Extraction › Oil and Gas Extraction derived NYSE

We are a Delaware limited partnership formed in 2015 to own and acquire mineral and royalty interests in oil and natural gas properties throughout the United States. We have elected to be taxed as a corporation for United States federal income tax purposes. As an owner of mineral and royalty interests, we are entitled to a portion of the revenues received from the production of oil, natural gas and associated NGLs from the acreage underlying our interests, net of post-production expenses and taxes. We are not obligated to fund drilling and completion costs, lease operating expenses or plugging and abandonment costs at the end of a well's productive life. Our primary business objective is to provide increasing cash distributions to unitholders resulting from acquisitions from third parties, our Sponsors and the Contributing Parties and from organic growth through the continued development by working interest owners of the properties in which we own an interest.

Last close 16.96 2026-10-23
Market cap —
52-week range 11.31 - 17.00

Valuation FY2025 figures against the last close

P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS—

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $333.8M$309.3M$294.1M$248.1M$175.1M$90.5M$108.2M$70.3M——
SG&A $39.7M$38.5M$35.7M$29.1M$27.0M$25.9M$22.7M$16.8M——
Total operating expenses $201.0M$272.3M$184.2M$111.1M$86.3M$341.2M$259.8M$118.4M——
Operating income $132.8M$37.0M$109.9M$136.9M$49.3M-$250.7M-$151.6M-$48.2M——
Interest expense $34.5M$26.7M$25.9M$13.8M$9.2M$6.4M$5.8M$4.1M——
Pre-tax income $98.3M$10.3M$86.8M$133.5M$42.5M-$257.0M-$157.3M-$52.3M——
Income tax $1.3M$771.0K$3.8M$2.7M$74.1K$885.2K$899.4K$24.7K——
Net income $99.7M$11.1M$83.0M$130.8M$42.4M-$256.1M-$158.2M-$52.3M——

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $44.0M$34.2M$31.0M$25.0M$7.1M$9.8M$14.2M$15.8M$5.6M$505.9K
Total current assets $88.5M$85.3M$103.1M$75.2M$45.4M$28.3M$34.1M$37.6M$12.7M—
Property, plant and equipment $629.0K$267.0K$589.9K$953.8K$1.9M$2.0M$1.3M$429.6K$165.2K—
Total assets $1.23B$1.12B$1.34B$1.08B$601.5M$564.6M$868.7M$906.2M$237.2M$279.4M
Accounts payable $3.1M$6.5M$6.6M$1.2M$811.0K$888.7K$1.2M$1.3M$316.5K—
Total current liabilities $10.2M$12.7M$13.0M$18.8M$28.3M$8.8M$5.4M$3.8M$2.2M—
Long-term debt —————$171.7M$87.3M$87.3M$30.8M$3.9M
Total liabilities $456.2M$256.4M$309.3M$263.3M$252.6M$186.3M$108.7M$91.1M$33.2M—

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $246.5M$250.9M$174.3M$166.6M$91.4M$62.2M$80.7M$33.2M——
Depreciation and amortisation $124.6M$135.1M$96.5M$50.1M$36.8M$48.0M$52.1M$25.2M——
Stock-based compensation $16.3M$16.4M$13.1M$11.1M$10.6M$9.3M$7.5M$3.2M——
Capital expenditure ———————$403.7K——
Investing cash flow -$223.5M-$210.0K-$246.7M-$374.7M-$55.6M-$90.8M-$15.6M-$200.9M——
Financing cash flow -$13.2M-$247.5M$78.4M$226.1M-$38.6M$24.2M-$66.7M$177.9M——

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-020477.

Plot the figures US dollars

  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -400M -200M 0 200M 400M Revenue, FY2018: 70.3M Net income, FY2018: -52.3M Revenue, FY2019: 108.2M Net income, FY2019: -158.2M Revenue, FY2020: 90.5M Net income, FY2020: -256.1M Revenue, FY2021: 175.1M Net income, FY2021: 42.4M Revenue, FY2022: 248.1M Net income, FY2022: 130.8M Revenue, FY2023: 294.1M Net income, FY2023: 83M Revenue, FY2024: 309.3M Net income, FY2024: 11.1M Revenue, FY2025: 333.8M Net income, FY2025: 99.7M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — — $70.3M $108.2M $90.5M $175.1M $248.1M $294.1M $309.3M $333.8M
Gross profit — — — — — — — — — —
Net income — — -$52.3M -$158.2M -$256.1M $42.4M $130.8M $83.0M $11.1M $99.7M

Recent filings and events

  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Item 7.01
  • Material agreement signed Item 1.01
  • Unregistered share sale Item 3.02
  • Regulation FD disclosure Item 7.01
  • Other event Item 8.01
  • Material agreement signed Item 1.01
  • Unregistered share sale Item 3.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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