Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Kimbell Royalty Partners ( (KRP) ) has issued an announcement.
On February 26, 2026, Kimbell Royalty Partners reported fourth-quarter and full-year 2025 results, highlighting Q4 run-rate production of 25,627 Boe/d, $76 million in oil, gas and NGL revenue, and $24.8 million in net income. The partnership also posted an updated Spring 2026 investor presentation, underscoring its practice of disseminating financial information through regulatory filings, press releases, public calls and its website.
Operational metrics showed continued strength, with 85 rigs active on Kimbell’s acreage at year-end 2025, representing about 16% of the U.S. land rig count, and proved developed reserves up roughly 8% to nearly 73 million Boe. The company highlighted a low five-year average PDP decline rate of 14% and an inventory of drilled but uncompleted wells and permits slightly above the level needed to sustain flat production, supporting the resilience and stability of its production base.
Financially, Kimbell reaffirmed a $625 million borrowing base and elected commitments on its secured revolving credit facility and, on December 16, 2025, extended the facility’s maturity to December 2030 while lowering borrowing costs by 35 basis points. Fourth-quarter consolidated Adjusted EBITDA reached $64.8 million, and the Board approved a Q4 2025 cash distribution of $0.37 per common unit, a 6% increase from Q3, with 75% of cash available for distribution paid out and 25% allocated to debt reduction.
Management noted that 2025 included key milestones, such as the $230 million acquisition of mineral and royalty interests under the Mabee Ranch in the Midland Basin and the redemption of half of the Series A preferred units, moves that expanded the Permian footprint and simplified the capital structure. Initiated 2026 operational guidance kept the production range unchanged from 2025, reflecting confidence in ongoing development and a stable production base, while reinforcing Kimbell’s positioning as a major consolidator in a U.S. royalty market it estimates at more than $650 billion.
The most recent analyst rating on (KRP) stock is a Hold with a $14.50 price target. To see the full list of analyst forecasts on Kimbell Royalty Partners stock, see the KRP Stock Forecast page.
Spark’s Take on KRP Stock
According to Spark, TipRanks’ AI Analyst, KRP is a Neutral.
Kimbell Royalty Partners’ strong financial performance and high dividend yield are significant positives. However, bearish technical indicators and challenges in revenue growth and broader market conditions weigh on the overall score.
To see Spark’s full report on KRP stock, click here.
More about Kimbell Royalty Partners
Kimbell Royalty Partners, LP is a Fort Worth-based owner of oil and natural gas mineral and royalty interests, with stakes in over 133,000 gross wells across 28 U.S. states. The company focuses on aggregating and managing a diversified portfolio of producing and undeveloped interests, giving it leveraged exposure to drilling activity and production volumes across major U.S. basins, including a leading position in the Permian Basin following recent acquisitions.
Its business model centers on collecting royalty revenues from operators without bearing direct drilling and operating costs, positioning Kimbell as a consolidator within the highly fragmented U.S. oil and gas royalty sector. This strategy targets long-lived, low-decline assets and emphasizes stable production, cash flow visibility, and regular cash distributions to common unitholders, while maintaining an active role in sector consolidation and capital structure optimization.
Average Trading Volume: 664,414
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.73B
See more insights into KRP stock on TipRanks’ Stock Analysis page.