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Income Statement
Balance Sheet
Cash Flow Statement

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Op Efficiency
Credit Analysis

Kimbell Royalty Partners, LP (KRP)

Balance Sheet

Standardized | As Reported Annual | Quarterly
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K
ASSETS         
Current assets         
Cash and cash equivalents  24.67.19.814.215.80.5 
Oil, natural gas and NGL receivables  47.035.117.619.218.80.5 
Derivative assets   0.2     
Accounts receivable and other current assets  3.63.11.00.10.10.3 
    Total current assets  75.245.428.334.137.61.3 
Property and equipment, net  1.01.92.01.30.40.3 
   
Oil and natural gas properties         
Oil and natural gas properties, using full cost method of accounting  1,466.01,204.41,149.11,033.4818.670.9 
Less: accumulated depreciation, depletion and impairment  -712.7-663.6-628.1-328.9   
    Total oil and natural gas properties, net  753.3540.8521.0704.4710.818.9 
Right-of-use assets, net  2.52.83.13.4   
Loan origination costs, net  3.04.25.12.23.20.0 
   
Cash         
Investments held in trust  240.6      
   
Prepaid expenses         
    Total assets  1,076.7601.5564.6748.6753.320.5 
   
LIABILITIES, MEZZANINE EQUITY AND UNITHOLDERS' EQUITY         
Current liabilities         
Accounts payable  1.20.80.91.21.31.0 
Other current liabilities  4.93.34.84.22.50.1 
Derivative liabilities  12.624.23.1    
    Total current liabilities  18.828.38.85.43.81.2 
Operating lease liabilities, excluding current portion  2.22.62.83.1   
Derivative liabilities  0.44.23.2    
Long-term debt  233.0217.1171.6100.187.310.6 
Other liabilities  0.30.4   0.1 
   
Deferred underwriting commissions         
    Total liabilities  263.3252.6186.3108.791.111.9 
   
Commitments and contingencies (Note 15)         
Mezzanine equity:         
    Redeemable non-controlling interest in Kimbell Tiger Acquisition Corporation         
    Kimbell Royalty Partners, LP unitholders' equity:         
        Common units         
        Class B units         
            Total Kimbell Royalty Partners, LP unitholders' equity  602.6329.6335.6565.0295.0  
    Total equity  576.5348.8335.6565.0592.7  
    Total liabilities, mezzanine equity and unitholders' equity  1,076.7601.5564.6748.6753.320.5 

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