An update from Kimbell Royalty Partners ( (KRP) ) is now available.
On February 27, 2025, Kimbell Royalty Partners announced record financial and operational results for the fourth quarter and full year of 2024. The company reported a significant increase in production, exceeding 25,000 barrels of oil equivalent per day for the first time, largely due to a major acquisition. Despite a net loss attributed to a non-cash ceiling test impairment, Kimbell maintained a strong market position with a 16% share of the U.S. land rig count. The company also declared a cash distribution of $0.40 per common unit for Q4 2024 and initiated 2025 operational guidance with projected record-high production levels.
More about Kimbell Royalty Partners
Kimbell Royalty Partners, LP is a leading owner of oil and natural gas mineral and royalty interests, with holdings in over 130,000 gross wells across 28 states in the U.S.
YTD Price Performance: -4.81%
Average Trading Volume: 766,946
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.07B
For detailed information about KRP stock, go to TipRanks’ Stock Analysis page.
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