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Kimbell Royalty Partners, LP

For the period ended Mar 31, 2026. Filed May 7, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 7, 2026

KRP$15.04-0.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Consolidated Statements of Operations

​​​​​​​
​ · ​ · Three Months Ended March 31,
​ · ​ · 2026 · ​ · 2025
​​(In thousands, except per unit data)
Revenue​​​​​​
Oil, natural gas and NGL revenues​$82,885​$89,951
Lease bonus and other income​​1,337​​311
Loss on commodity derivative instruments, net​​(18,678)​​(6,053)
Total revenues​​65,544​​84,209
Costs and expenses​​​​​​
Production and ad valorem taxes​​5,889​​5,375
Depreciation and depletion expense​​29,299​​31,118
Marketing and other deductions​​5,168​​4,502
General and administrative expense​​9,389​​9,637
Total costs and expenses​​49,745​​50,632
Operating income​​15,799​​33,577
Other expense​​​​​​
Interest expense​​(8,154)​​(6,622)
Other expense​​—​​(12)
Net income before income taxes​​7,645​​26,943
Income tax expense​​703​​1,090
Net income​​6,942​​25,853
Distribution and accretion on Series A preferred units​​(2,599)​​(5,203)
Net income and distributions and accretion on Series A preferred units attributable to non-controlling interests​​(366)​​(2,774)
Distribution to Class B unitholders​​(9)​​(14)
Net income attributable to common units of Kimbell Royalty Partners, LP​$3,968​$17,862
​​​​​​​
Net income per unit attributable to common units of Kimbell Royalty Partners, LP​​​​​​
Basic​$0.04​$0.20
Diluted​$0.04​$0.20
Weighted average number of common units outstanding​​​​​​
Basic​​93,126​​89,682
Diluted​​119,085​​127,947
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.