Kimbell Royalty Partners LP (N:KRP)
Business Focus: Integrated Oil & Gas
| Sector: Energy | Industry: Integrated Oil & Gas |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 777 Taylor St Ste 810 FORT WORTH TX 76102-4936 |
| Tel: | N/A |
| Website: | https://kimbellrp.com |
| IR: | See website |
| Key People | ||
| Robert D. Ravnaas Chairman of the Board, Chief Executive Officer of the General Partner | R. Davis Ravnaas President, Chief Financial Officer of the General Partner | Brett G. Taylor Executive Vice Chairman of the Board of the General Partner |
| Matthew S. Daly Chief Operating Officer of the General Partner | R. Blayne Rhynsburger Controller | |
| Business Overview |
| Kimbell Royalty Partners, LP is an oil and gas mineral and royalty company. It owns mineral and royalty interests in over 17 million gross acres in 28 states and in onshore basin in the continental United States, including ownership in more than 129,000 gross wells. Its properties include the Permian Basin, Mid-Continent, Appalachian, Eagle Ford, Bakken, Terryville/Cotton Valley/Haynesville, and DJ Basin/Rockies/Niobrara. The Permian Basin extends from southeastern New Mexico into West Texas. The Mid-Continent is an area containing fields in Arkansas, Kansas, Louisiana, New Mexico, Oklahoma, Nebraska and Texas and including the Granite Wash, Cleveland, and Mississippi Lime formations. The Appalachian Basin covers most of Pennsylvania, eastern Ohio, West Virginia, western Maryland, eastern Kentucky, central Tennessee, western Virginia, northwestern Georgia, and northern Alabama. The Williston Basin stretches through North Dakota, the northwest part of South Dakota, and eastern Montana. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Kimbell Royalty Partners LP revenues increased 19% to $294.1M. Net income applicable to common stockholders decreased 46% to $60.1M. Revenues reflect Crude Oil - Production - Total increase of 68% to 2.4M barrels, Oil Equivalent Production (Units/day) increase of 35% to 20K barrels per day, (Loss) gain on commodity derivative inst increase from -$37M to $20.9M. |
| Employees: | 29 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $2,105M as of Dec 31, 2023 |
| Annual revenue (TTM): | $294.07M as of Dec 31, 2023 |
| EBITDA (TTM): | $224.57M as of Dec 31, 2023 |
| Net annual income (TTM): | $60.14M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$433.77M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $263.21M as of Dec 31, 2023 |
| Shares outstanding: | 95,786,255 as of Feb 21, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.