Kimbell Royalty Partners, LP

For the period ended Jun 30, 2025. Filed Aug 7, 2025.

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.

Jun 30, 2025 · Filed Aug 7, 2025

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

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

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Contents

Consolidated Statements of Operations


· · Three Months Ended June 30, · · Six Months Ended June 30,
· · 2025 · · 2024 · · 2025 · · 2024
			(In thousands, except per unit data)
Revenue
Oil, natural gas and NGL revenues	$74,695	$76,959		$164,646	$164,458
Lease bonus and other income	2,514	660		2,825	1,099
Gain (loss) on commodity derivative instruments, net	9,339	(1,046)		3,286	(6,750)
Total revenues	86,548	76,573		170,757	158,807
Costs and expenses
Production and ad valorem taxes	5,715	5,577		11,090	12,109
Depreciation and depletion expense	30,458	33,024		61,576	71,191
Impairment of oil and natural gas properties	—	—		—	5,963
Marketing and other deductions	3,016	3,828		7,518	8,391
General and administrative expense	9,573	10,252		19,210	19,700
Total costs and expenses	48,762	52,681		99,394	117,354
Operating income	37,786	23,892		71,363	41,453
Other expense
Interest expense	(8,947)	(6,946)		(15,569)	(14,247)
Other expense	—	—		(12)	—
Net income before income taxes	28,839	16,946		55,782	27,206
Income tax expense	2,167	1,759		3,257	2,682
Net income	26,672	15,187		52,525	24,524
Distribution and accretion on Series A preferred units	(24,337)	(5,243)		(29,540)	(10,499)
Net income and distributions and accretion on Series A preferred units attributable to non-controlling interests	(314)	(1,513)		(3,088)	(2,404)
Distribution to Class B unitholders	(14)	(21)		(28)	(42)
Net income attributable to common units of Kimbell Royalty Partners, LP	$2,007	$8,410		$19,869	$11,579

Net income per unit attributable to common units of Kimbell Royalty Partners, LP
Basic	$0.02	$0.11		$0.22	$0.16
Diluted	$0.02	$0.11		$0.22	$0.16
Weighted average number of common units outstanding
Basic	91,170	74,835		90,430	73,473
Diluted	122,924	116,594		125,277	116,396

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.