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Income Statement
Balance Sheet
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Op Efficiency
Credit Analysis

Kimbell Royalty Partners, LP (KRP)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21
   10-Q10-Q8-K10-Q10-Q10-K10-Q10-Q
Revenues  60.866.968.772.733.855.731.825.7
            Revenues growth  -16.4%98.2%23.3%182.6%50.6%139.1%72.4%100.9%
Lease bonus and other income  2.0  1.2    
Gain (Loss) on commodity derivative instruments, net  1.79.1 -7.1-32.0   
    Total revenues  60.866.968.772.733.855.731.825.7
            Total revenues growth  -16.4%98.2%23.3%182.6%50.6%139.1%72.4%100.9%
Costs and expenses          
Production and ad valorem taxes  5.44.3 5.04.02.43.12.6
Depreciation and depletion expense  19.717.6 11.310.811.78.88.3
Marketing and other deductions  2.92.8 4.13.53.23.02.6
General and administrative expense  10.811.07.611.910.19.99.89.2
    Total costs and expenses  36.133.629.828.825.624.021.720.1
    Operating income  24.633.338.943.98.131.610.15.6
            Operating margin  40.6%49.8%56.6%60.4%24.1%56.8%31.8%21.7%
   
Other income (expense)          
Equity income in affiliate    -1.03.40.20.40.30.3
Interest expense  -6.3-5.5-4.0-3.3-2.9-2.5-2.5-2.1
Loss on extinguishment of debt  -0.5       
Other (expense) income  -0.2  0.93.11.2-0.40.0
   
Interest earned on marketable securities in trust account          
    Net income before income taxes  18.730.3 45.18.730.87.53.7
Income tax expense  0.91.40.91.80.3   
    Net income  17.828.9 43.38.430.77.53.7
Net income attributable to non-controlling interests in OpCo  -4.3-5.6-6.8-5.4-1.1-7.5-0.8-0.6
Distribution on Class B units  0.00.0 0.00.00.00.00.0
    Net income attributable to common units of Kimbell Royalty Partners, LP  13.523.3 37.97.3   
   
Net income per unit attributable to common units of Kimbell Royalty Partners, LP          
Net income per unit attributable to common units (basic) (in dollar per share)  $0.24$0.37$59,484,641.00$0.66($0.20)$0.49$0.04$0.04
Net income per unit attributable to common units (diluted) (in dollar per share)  $0.23$0.36$69,913,842.00$0.55($0.20)$0.45$0.04$0.04
   
Weighted average number of common units outstanding          
Weighted average number of common units outstanding Basic (in units)  63.362.5 55.445.940.441.139.3
Weighted average number of common units outstanding Diluted (in units)  83.079.8 65.545.961.042.641.1

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