For Q1 FY2026 ended March 31, 2026, Kimbell Royalty Partners reported revenue of $65.5 million, down 22.2% year-over-year. Operating income was $15.8 million, a decline of 52.9% from the prior year. Net income was negative $62.2 million (based on data from a different period). Cash and cash equivalents stood at $37.2 million.
•Revenue decreased 22.2% YoY to $65.5 million.
•Operating income fell 52.9% YoY to $15.8 million.
•Net loss of $62.2 million (period ending December 31, 2020).
•Cash balance of $37.2 million as of March 31, 2026.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Kimbell Royalty Partners, LP, together with its subsidiaries, owns and acquires mineral and royalty interests in oil and natural gas properties in the United States. Founded in 1998, the company is based in Fort Worth, Texas.
Kimbell Royalty Partners, LP, together with its subsidiaries, owns and acquires mineral and royalty interests in oil and natural gas properties across the United States. The company focuses on generating revenue from the production of oil and natural gas on lands where it holds royalty interests, without bearing the costs of drilling or operations. Founded in 1998 and headquartered in Fort Worth, Texas, KRP operates as a publicly traded partnership in the energy sector. Its portfolio spans multiple producing basins, providing diversified exposure to domestic oil and gas production. By acquiring mineral rights, KRP earns a percentage of the revenue from hydrocarbons extracted by third-party operators, making it a passive participant in upstream energy development.
On which exchange is Kimbell Royalty Partners (KRP) listed and what currency is used?
Kimbell Royalty Partners, LP is listed on the New York Stock Exchange (NYSE) under the ticker symbol KRP. The company's financials and dividends are denominated in US Dollars (USD), reflecting its operations and headquarters in the United States. As a publicly traded master limited partnership (MLP), KRP offers investors exposure to oil and gas royalty income through a regulated exchange. The NYSE listing provides liquidity and transparency, with shares traded in USD. Investors should note that distributions are typically paid in US dollars, and the company's reporting follows US GAAP standards.
What sector and industry does Kimbell Royalty Partners (KRP) operate in?
Kimbell Royalty Partners, LP operates in the Energy sector, specifically within the Oil & Gas E&P (Exploration & Production) industry. However, unlike traditional E&P companies that actively drill and operate wells, KRP focuses on acquiring and managing mineral and royalty interests. This means it earns revenue from the production of oil and natural gas without incurring the capital expenditures or operational risks associated with drilling. The company's industry classification reflects its involvement in upstream energy, but its business model is more akin to a royalty trust or a passive mineral owner. This structure provides investors with a way to participate in oil and gas price upside while mitigating operational risks.
Where is Kimbell Royalty Partners (KRP) headquartered and what is its geographic focus?
Kimbell Royalty Partners, LP is headquartered in Fort Worth, Texas, United States. The company's operations and asset base are exclusively focused on the United States, where it owns and acquires mineral and royalty interests in oil and natural gas properties across multiple domestic basins. Texas, being a major oil and gas producing state, serves as a strategic base for the company. KRP's portfolio includes interests in prolific regions such as the Permian Basin, Eagle Ford, and others, providing geographic diversification within the US. The company's domestic focus allows it to benefit from the stable regulatory environment and established infrastructure of the US energy market.
How does Kimbell Royalty Partners (KRP) generate revenue?
Kimbell Royalty Partners, LP generates revenue primarily through the ownership of mineral and royalty interests in oil and natural gas properties. When third-party operators drill and produce hydrocarbons on lands where KRP holds these interests, the company receives a percentage of the revenue from the sale of oil, natural gas, and natural gas liquids, free of any drilling or production costs. This passive income model means KRP does not bear the capital expenditures, operational expenses, or environmental liabilities associated with well development. Instead, it relies on the expertise of operators to extract resources efficiently. The company's revenue is directly tied to commodity prices and production volumes, making it sensitive to energy market cycles but also providing potential for high-margin cash flows.