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Kimbell Royalty Partners Lp (KRP)
NYSE:KRP
RESEARCH TOOLSreports
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.23Last Year’s EPS
0.04Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: -1.92%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
Kimbell Royalty Partners reported a strong performance with substantial growth in production, revenue, and successful acquisitions. The company demonstrates a strong financial position and has introduced a record high production guidance for 2025. While there are concerns about general and administrative expenses and potential regulatory challenges, these are outweighed by the positive developments.Company Guidance
In the fourth quarter earnings call for Kimbell Royalty Partners, the company provided comprehensive guidance for 2025. They reported a record run-rate production of 25,946 BOE per day and announced a cash distribution of $0.40 per common unit, equating to 75% of cash available for distribution. The remaining 25% will contribute to reducing the outstanding borrowings under the secured revolving credit facility. Kimbell's net debt to trailing twelve-month consolidated adjusted EBITDA stands at approximately 0.8 times, with $239.2 million in debt outstanding and $310.8 million in undrawn capacity. For 2025, Kimbell expects production at a midpoint of 25,500 BOE per day, reflecting stability and potential growth, supported by strong drilling activity with 91 rigs, particularly in the Permian Basin. The company remains focused on maintaining a conservative balance sheet while pursuing strategic acquisitions, as evidenced by a recent $230 million acquisition and a successful primary equity offering.Substantial Growth in Key Metrics
Kimbell reported substantial growth in production, revenue, and EBITDA for the year 2024, with a record run-rate production of 25,946 BOE per day.
Successful Acquisitions and Financial Position
Kimbell closed a $230 million acquisition, conducted a successful primary equity offering, and maintained a conservative balance sheet with net debt to trailing twelve-month consolidated adjusted EBITDA of approximately 0.8 times.
Strong Drilling Activity and Market Share
The company had 91 rigs actively drilling, representing a 16% market share of all rigs in the Lower 48 states.
Tax-Advantaged Distributions
Kimbell paid out $1.75 per common unit in tax-advantaged quarterly distributions during 2024.
Record High Production Guidance for 2025
Introduced 2025 guidance with expected production at its midpoint at a record level of 25,500 BOE per day.
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KRP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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KRP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | $15.62 | $15.08 | -3.46% |
| Nov 07, 2024 | $15.96 | $16.40 | +2.76% |
| Aug 01, 2024 | $15.63 | $15.15 | -3.07% |
| May 02, 2024 | $14.39 | $14.73 | +2.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Kimbell Royalty Partners Lp (KRP) report earnings?
Kimbell Royalty Partners Lp (KRP) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Kimbell Royalty Partners Lp (KRP) earnings time?
Kimbell Royalty Partners Lp (KRP) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KRP EPS forecast?
KRP EPS forecast for the fiscal quarter 2025 (Q1) is 0.23.
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