KRP - NYSE
Kimbell Royalty Partners, LP
$15.27
+0.26%Kimbell Royalty Partners, LP, together with its subsidiaries, acquires and owns mineral and royalty interests in oil and natural gas properties in the United States. As of December 31, 2021, it owned mineral and royalty interests in approximately 11.4 million gross acres and overriding royalty interests in approximately 4.7 million gross acres. The company's mineral and royalty interests are located in 28 states and include ownership in approximately 122,000 gross wells, including approximately 46,000 wells in the Permian Basin. It serves as the general partner of the company. The company was founded in 2013 and is based in Fort Worth, Texas.
At a Glance
Live SnapshotKimbell Royalty Partners, LP Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Outstanding operational efficiency. The company generates substantial profit from core operations.
Net Profit Margin
Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.
Effective Tax Rate
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
Profitability Insight
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
Kimbell Royalty Partners, LP Income Statement
KRP • NYSE
| Kimbell Royalty Partners, LP Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | |||||||||||||
333.8M | 310.7M | 273.2M | 285M | 178.4M | 92.9M | 110M | 66.9M | 30.7M | 3.6M | 4.7M | 7.2M | 5M | |
GROSS PROFIT | |||||||||||||
(20.4M) | (155.5M) | (116.8M) | (66.3M) | (47.3M) | (54.4M) | (59.8M) | (29.6M) | (5.3B) | (1.9M) | (4.4M) | (4.6M) | (597.7K) | |
313.4M | 155.1M | 156.4M | 218.7M | 131.1M | 38.6M | 50.1M | 37.3M | -5.2B | 1.7M | 249.3K | 2.6M | 4.4M | |
OPERATING INCOME | |||||||||||||
(180.6M) | (118.1M) | (46.5M) | (81.8M) | (81.8M) | (289.3M) | (30.8M) | (21.5M) | (28.6M) | (2.5M) | (2.5M) | (2.3M) | (8.3M) | |
(56M) | (54.7M) | (49.2M) | (44.8M) | (39M) | (35.3M) | (30.8M) | (21.5M) | (1.6M) | (2.5M) | (2.5M) | (2.3M) | (315.4K) | |
132.8M | 37M | 109.9M | 136.9M | 49.3M | -250.7M | -32.9M | -48.2M | 2M | -5.8M | -31M | -7.1M | 1.3M | |
PRE-TAX INCOME | |||||||||||||
(34.5M) | (26.7M) | (26M) | (13.8M) | (9.2M) | (6.4M) | (5.8M) | (4.1M) | (791.4K) | (424.8K) | (385.1K) | (302.1K) | (0.0) | |
-34.5M | -26.7M | -22.4M | -10.1M | -9.2M | -6.4M | -5.8M | -4.1M | 0.0 | -424.8K | -385.1K | -302.1K | 0.0 | |
(124.6M) | (63.5M) | -2.7M | (37M) | (42.8M) | (254M) | (0.0) | (0.0) | (27M) | (0.0) | (0.0) | (0.0) | (0.0) | |
-34.5M | -26.7M | -23.1M | -3.4M | -6.8M | -6.2M | -5.7M | -4.1M | -830.7K | -424.8K | -385.1K | -302.1K | 0.0 | |
98.3M | 10.3M | 86.8M | 133.5M | 42.5M | -257M | -157.3M | -52.3M | 1.2M | -6.2M | -31.3M | -7.4M | -3.8M | |
NET INCOME | |||||||||||||
-1.3M | -771.3K | (3.8M) | (2.7M) | (74.1K) | -885.2K | (899K) | (25K) | -39.3K | (19.8K) | -32.2K | (17K) | (0.0) | |
90.9M | 12.3M | 66.5M | 111.9M | 33.9M | -159.5M | -158.2M | -50.5M | 1.2M | -6.2M | -31.3M | -7.4M | -3.8M |
SEC Filings
KRP - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 19, 2026 | May 18, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 09, 2026 | March 06, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 26, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 26, 2026 | February 26, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 16, 2025 | December 16, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 06, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 06, 2025 | November 06, 2025 | 2025 | |
8-K 8-K 2025 N/A | August 07, 2025 | August 07, 2025 | 2025 |
Related Guides
Continue your KRP research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.