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Income Statement
Balance Sheet
Cash Flow Statement

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Op Efficiency
Credit Analysis

Kimbell Royalty Partners, LP (KRP)

Cash Flow 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
CASH FLOWS FROM OPERATING ACTIVITIES          
Net income  17.828.9 43.38.430.77.53.7
   
Adjustments to reconcile net income to net cash from operating activities:          
    Depreciation and depletion expense  19.717.6 11.310.811.78.88.3
    Amortization of right-of-use assets  0.2  0.2    
    Amortization of loan origination costs  0.50.5 0.50.40.40.40.4
    Loss on extinguishment of debt  0.5       
    Equity income in affiliate     -3.4-0.2-0.4-0.3-0.3
    Cash distribution from affiliate     3.40.40.40.20.3
    Forfeiture of restricted units     0.0    
    Unit-based compensation  3.33.2 2.92.22.42.82.7
    (Gain) loss on derivative instruments, net of settlements  -2.6-12.5 -6.618.7-14.611.311.0
    Changes in operating assets and liabilities:          
        Oil, natural gas and NGL receivables  -9.111.1 -12.0-6.4-4.5-7.01.0
        Accounts receivable and other current assets  -0.10.5 0.20.7-1.60.10.0
        Accounts payable  0.5-0.3 -0.31.1-0.20.00.0
        Other current liabilities  3.20.3 1.40.5-2.01.41.2
        Operating lease liabilities  -0.1-0.1 -0.1-0.1-0.1-0.1-0.1
        Interest earned on marketable securities in trust account          
        Other assets and liabilities          
            Net cash provided by operating activities  31.547.1 40.436.022.425.128.5
   
CASH FLOWS FROM INVESTING ACTIVITIES          
Purchases of property and equipment  0.00.0 0.00.00.00.0-0.3
Purchase of oil and natural gas properties  -43.9-0.3 0.0-0.4-54.8 0.0
Proceeds from trust of variable interest entity  0.9       
Cash distribution from affiliate     3.40.0 0.30.1
   
Cash received from investments held in trust          
Cash paid for transaction costs          
Investment in marketable securities          
    Net cash provided by (used in) investing activities  200.2-0.3 3.4-237.3-54.80.3-0.2
   
CASH FLOWS FROM FINANCING ACTIVITIES          
Costs associated with equity offering      -0.3   
   
Payment of underwriting commissions with equity offering of Kimbell Tiger Operating Company, net of adjustments          
Contributions from Class B unitholders  0.3       
Redemption of Class B contributions on converted units     0.0-0.5  -0.2
Distributions to common unitholders  -22.7-31.2 -26.9-17.5-15.9-13.3-10.7
Distribution to OpCo unitholders  -5.3-7.4 -3.9-6.5-6.5-5.5-5.6
Distribution on Class B units  0.00.0 0.00.00.00.00.0
Borrowings on long-term debt  55.14.0 17.119.196.036.14.0
Repayments on long-term debt  -9.4-13.1 -27.5-9.7-71.6-6.3-9.6
Payment of loan origination costs  -4.8  -0.3-0.2-0.3-0.1-0.1
Restricted units repurchased for tax withholding   -4.9  -3.3-2.1  
   
Proceeds from initial public offering of Kimbell Tiger Operating Company          
Redemption of Kimbell Tiger Acquisition Corporation equity units          
    Net cash (used in) provided by financing activities  -230.1-52.6 -43.2207.826.8-25.7-23.4
    NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS  1.6-5.8 0.66.5   
   
Supplemental cash flow information:          
    Cash paid for interest  5.95.1 2.82.22.12.01.8
    Cash paid for taxes     2.0    
    Non-cash investing and financing activities:          
        Units issued in exchange for oil and natural gas properties  92.0       
        Recognition of tenant improvement asset  0.00.0 0.00.00.00.5 
        Reduction of deferred underwriting commission associated with redemption of Kimbell Tiger Acquisition Corporation equity units          
        Deferred underwriting commissions          

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