Kimbell Royalty Partners ( (KRP) ) has released its Q2 earnings. Here is a breakdown of the information Kimbell Royalty Partners presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Kimbell Royalty Partners, LP is a prominent oil and gas mineral and royalty company based in Fort Worth, Texas, with interests in over 131,000 gross wells across 28 states in the United States. The company specializes in owning mineral and royalty interests, making it a significant player in the energy sector.
In its second quarter of 2025, Kimbell Royalty Partners reported a run-rate daily production of 25,355 barrels of oil equivalent per day. The company announced a cash distribution of $0.38 per common unit, reflecting a 10.3% annualized yield. The firm also highlighted its robust operational activity with 88 active rigs, representing a 17% market share of U.S. land rigs.
Key financial metrics for the quarter included total revenues of $86.5 million, net income of approximately $26.7 million, and an Adjusted EBITDA of $63.8 million. The company maintained operational discipline with a cash G&A per BOE of $2.36, which was below the low-end of its guidance. Kimbell also reported a strategic focus on debt reduction, utilizing 25% of its cash available for distribution to repay outstanding borrowings.
Kimbell’s active rig count and increased net DUCs, particularly in the Permian Basin, indicate a positive outlook for production stability. The company remains committed to its financial and operational guidance for 2025, showcasing resilience in the face of fluctuating drilling activities across different regions.
Looking ahead, Kimbell Royalty Partners continues to focus on maintaining strong production levels and optimizing its financial structure. The management’s outlook suggests confidence in the company’s ability to navigate the dynamic energy market while providing attractive returns to its unitholders.