Kimbell Royalty Partners (KRP) Company Report

Analyst Earnings Quarterly Reports

Earnings summaries and quarterly performance for Kimbell Royalty Partners.

Analyst Coverage

Research analysts who have asked questions during Kimbell Royalty Partners earnings calls.

Noah Hungness

Firm Not Mentioned in Transcript

6 questions for KRP

Also covers: CHRD, CNX, GPOR +9 more

Tim Rezvan

KeyBanc Capital Markets

3 questions for KRP

Also covers: BSM, CRGY, GPOR +9 more

John Annis

Texas Capital Bank

2 questions for KRP

Also covers: BSM, EQT, EXE +4 more

Nick Armato

Texas Capital

2 questions for KRP

Paul Diamond

Citigroup

2 questions for KRP

Also covers: AR, CHRD, CRK +11 more

Timothy Rezvan

KeyBanc Capital Markets Inc.

2 questions for KRP

Also covers: BKV, BSM, CIVI +10 more

Bertrand Donnes

Truist Securities

1 question for KRP

Also covers: APA, AR, BKV +7 more

Derrick Whitfield

Texas Capital

1 question for KRP

Also covers: AMTX, ARIS, BG +24 more

Jack Wilson

Truist Securities

1 question for KRP

Also covers: KMI, SAIC

Jonathan Mardini

KeyBanc Capital Markets

1 question for KRP

Also covers: BKV, CRGY, DEC +2 more

Latest news

Recent press releases and 8-K filings for KRP.

Kimbell Royalty Partners Reports Strong Q4 2025 Results and Stable 2026 Production Guidance

KRP

Earnings

Guidance Update

Dividends

Kimbell Royalty Partners reported Q4 2025 revenues of $76 million and consolidated Adjusted EBITDA of $64.8 million, with run rate production exceeding guidance at 25,627 BOE per day.
The company declared a Q4 2025 cash distribution of $0.37 per common unit, marking a 6% increase from Q3 2025, and returned $1.60 per common unit through distributions for the full year 2025.
Proved developed reserves grew approximately 8% in 2025 to nearly 73 million BOE, and the company maintains a stable 2026 production guidance at 25,500 BOE per day.
Kimbell Royalty Partners strengthened its balance sheet by amending its credit agreement to extend maturity to December 16, 2030, and reported $441.5 million in debt outstanding with $183.5 million in undrawn capacity as of December 31, 2025.
The company is optimistic about the Barnett Woodford potential in the Permian Basin as a significant catalyst for increased free cash flow, noting that most of its acreage is Held By Production (HBP).

2 days ago

Transcript

Kimbell Royalty Partners Reports Strong Q4 2025 Results and Stable 2026 Production Guidance

KRP

Earnings

Dividends

Guidance Update

Kimbell Royalty Partners reported Q4 2025 revenues of $76 million and Adjusted EBITDA of $64.8 million, with run rate production of 25,627 BOE per day, exceeding the midpoint of guidance.
The company announced a Q4 2025 cash distribution of $0.37 per common unit, representing a 6% increase from Q3 2025, with 100% expected to be considered return of capital.
For 2026, Kimbell Royalty Partners issued production guidance at a midpoint of 25,500 BOE per day, unchanged from 2025, anticipating a relatively stable production cadence.
As of December 31, 2025, the company maintained a conservative balance sheet with $441.5 million in debt outstanding and $183.5 million in undrawn capacity, resulting in a net debt to trailing twelve month consolidated Adjusted EBITDA of approximately 1.5 times.
Management emphasized the Barnett Woodford potential in the Permian Basin as a significant catalyst for future free cash flow, noting accelerated development interest and existing activity on their assets.

2 days ago

Transcript

Kimbell Royalty Partners Reports Strong Q4 2025 Results and Provides 2026 Guidance

KRP

Earnings

Guidance Update

Dividends

Kimbell Royalty Partners reported Q4 2025 revenues of $76 million and consolidated Adjusted EBITDA of $64.8 million, with run rate production of 25,627 BOE per day, exceeding the midpoint of guidance.
The company declared a Q4 2025 cash distribution of $0.37 per common unit, a 6% increase from Q3 2025, contributing to $1.60 per common unit returned through distributions for the full year 2025.
Proved developed reserves increased approximately 8% in 2025 to nearly 73 million BOE, with 85 active rigs drilling across its acreage.
As of December 31, 2025, Kimbell had $441.5 million in debt outstanding and $183.5 million in undrawn capacity under its secured revolving credit facility, which was amended to extend maturity to December 16, 2030.
For 2026, the company's production guidance midpoint remains 25,500 BOE per day, unchanged from 2025, and anticipates a relatively stable production cadence, with significant potential from Barnett Woodford development in the Permian Basin.

2 days ago

Transcript

Kimbell Royalty Partners Announces Q4 2025 Results and Provides 2026 Guidance

KRP

Earnings

Guidance Update

Dividends

Kimbell Royalty Partners reported Q4 2025 Oil, Natural Gas and NGL Revenues of $76.0 million, Consolidated Adjusted EBITDA of $64.8 million, and net income of approximately $24.8 million.
For Q4 2025, run-rate average daily production was 25,627 Boe/d (6:1), and the company declared a cash distribution of $0.37 per common unit, reflecting an annualized cash distribution yield of 10.5%.
The company maintained a conservative financial position with a Net Debt to TTM Consolidated Adjusted EBITDA ratio of 1.5x as of December 31, 2025.
Kimbell provided Full Year 2026 guidance, projecting Net Production between 24.0 - 27.0 Mboe/d (6:1) and a 75% payout ratio.

2 days ago

Presentation

Kimbell Royalty Partners Announces Q4 and Full Year 2025 Results, 2026 Guidance, and Debt Facility Extension

KRP

Earnings

Guidance Update

Debt Issuance

Kimbell Royalty Partners reported Q4 2025 net income of $24.8 million and consolidated Adjusted EBITDA of $64.8 million, with run-rate daily production of 25,627 Boe/d.
Proved developed reserves increased by approximately 8% year-over-year to nearly 73 Million Boe. The company also amended and extended its secured revolving credit facility through December 2030, reaffirming $625 million in commitments and lowering borrowing costs.
The company announced a Q4 2025 cash distribution of $0.37 per common unit, with 75% of cash available for distribution allocated to distributions and 25% for debt repayment. Kimbell initiated 2026 operational guidance with an estimated daily production mid-point of 25,500 Boe/d, which is unchanged from its 2025 guidance range.

2 days ago

8-K

Kimbell Royalty Partners Announces Q4 and Full Year 2025 Results, Initiates 2026 Guidance

KRP

Earnings

Guidance Update

Dividends

Kimbell Royalty Partners reported Q4 2025 run-rate daily production of 25,627 Boe/d, exceeding the mid-point of guidance, and consolidated Adjusted EBITDA of $64.8 million.
The company announced a Q4 2025 cash distribution of $0.37 per common unit, a 6% increase from Q3 2025, and increased proved developed reserves by approximately 8% year-over-year to nearly 73 Million Boe as of December 31, 2025.
Kimbell initiated 2026 operational guidance with estimated daily production at a mid-point of 25,500 Boe/d, with the range unchanged from 2025, and extended its secured revolving credit facility through December 2030.

2 days ago

Press Release

Kimbell Announces Q3 2025 Results

KRP

Earnings

Dividends

New Projects/Investments

Kimbell reported Q3 2025 oil, natural gas and NGL revenues of $76.8 million and Consolidated Adjusted EBITDA of $62.3 million, with a run-rate average daily production of 25,530 Boe/d.
The company declared a cash distribution of $0.35 per common unit for Q3 2025, with approximately 100% estimated to constitute non-taxable reductions to the tax basis of each recipient's ownership interest.
As of September 30, 2025, Kimbell maintained a Net Debt to TTM Consolidated Adjusted EBITDA of 1.6x.
Kimbell holds interests in over 131,000 gross wells across more than 17 million gross acres in the US, with 86 active rigs on its acreage and over 14 years of drilling inventory remaining. The Permian basin accounted for 51% of Q3 2025 revenue.

Nov 6, 2025, 4:00 PM

Presentation

Kimbell Royalty Partners Reports Solid Q3 2025 Results

KRP

Earnings

Guidance Update

Dividends

Kimbell Royalty Partners reported Q3 2025 revenues of $76.8 million and consolidated adjusted EBITDA of $62.3 million.
Run rate production for Q3 2025 was 25,530 BOE per day, an organic increase of approximately 1% over Q2, and average production for the first nine months of 2025 was 25,574 BOE per day, exceeding the midpoint of 2025 guidance.
A Q3 2025 cash distribution of $0.35 per common unit was declared, with approximately 100% expected to be a return of capital, representing 75% of cash available for distribution.
As of September 30, 2025, the company had approximately $448.5 million in debt outstanding and $176.5 million in undrawn capacity under its secured revolving credit facility.
Kimbell reaffirmed its financial and operational guidance ranges for 2025 and anticipates production for the first half of 2026 to be "flat to increasing".

Nov 6, 2025, 4:00 PM

Transcript

Kimbell Royalty Partners Announces Third Quarter 2025 Results

KRP

Earnings

Dividends

Guidance Update

Kimbell Royalty Partners reported Q3 2025 run-rate daily production of 25,530 Boe/d (6:1) and oil, natural gas and NGL revenues of $76.8 million.
For Q3 2025, the company's net income attributable to common units was approximately $17.0 million, or $0.19 per common unit, with consolidated Adjusted EBITDA reaching $62.3 million.
A Q3 2025 cash distribution of $0.35 per common unit was announced, reflecting a 75% payout ratio of cash available for distribution.
The remaining 25% of cash available for distribution for Q3 2025, approximately $12.6 million, will be used to repay outstanding borrowings under its secured revolving credit facility.
Kimbell affirmed its financial and operational guidance ranges for 2025.

Nov 6, 2025, 12:07 PM

8-K

Kimbell Royalty Partners Announces Third Quarter 2025 Results

KRP

Earnings

Dividends

Guidance Update

Kimbell Royalty Partners reported Q3 2025 net income of $22.3 million and consolidated Adjusted EBITDA of $62.3 million.
The company's Q3 2025 run-rate daily production was 25,530 Boe/d, exceeding the midpoint of guidance.
Kimbell announced a Q3 2025 cash distribution of $0.35 per common unit, reflecting a 75% payout ratio of cash available for distribution, with the remaining 25% used to repay approximately $12.6 million of outstanding borrowings.
As of September 30, 2025, Kimbell had 86 active rigs drilling on its acreage, representing approximately 16% market share of U.S. land rigs.