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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

Kimbell Royalty Partners, LP (KRP)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-KS-1/A
CASH FLOWS FROM OPERATING ACTIVITIES          
Net income  130.842.4-256.1-158.2-52.3-6.2-31.3 
   
Adjustments to reconcile net income to net cash from operating activities:          
    Depreciation and depletion expense  50.136.848.052.125.21.64.0 
    Amortization of loan origination costs  1.91.61.11.10.50.00.0 
    Loss on extinguishment of debt    0.5     
    Equity income in affiliate  -2.7-1.1-0.8-0.1    
    Cash distribution from affiliate  3.81.00.8     
    Unit-based compensation  11.110.69.37.53.20.60.6 
    (Gain) loss on derivative instruments, net of settlements  -14.320.37.13.4-4.5   
    Changes in operating assets and liabilities:          
        Oil, natural gas and NGL receivables  -11.8-17.61.64.4-7.0-0.10.5 
        Accounts receivable and other current assets  -0.5-2.1-0.90.00.21.0-1.4 
        Accounts payable  0.4-0.1-0.3-0.11.0-1.01.6 
        Other current liabilities  1.6-0.50.51.8-0.30.10.0 
        Operating lease liabilities  -0.3-0.3-0.3-0.4    
        Interest earned on marketable securities in trust account          
        Other assets and liabilities          
            Net cash provided by operating activities  166.691.462.280.733.21.12.7 
   
CASH FLOWS FROM INVESTING ACTIVITIES          
Purchases of property and equipment  -0.2-0.8-1.0-1.0-0.4   
Purchase of oil and natural gas properties  -141.3-55.3-87.6-11.7-211.1-0.1-0.5 
Cash distribution from affiliate  3.60.5 0.1    
   
Cash received from investments held in trust          
Cash paid for transaction costs          
Investment in marketable securities          
    Net cash provided by (used in) investing activities  -374.7-55.6-90.8-15.6-200.9-0.1-0.5 
   
CASH FLOWS FROM FINANCING ACTIVITIES          
   
Payment of underwriting commissions with equity offering of Kimbell Tiger Operating Company, net of adjustments          
Redemption of Class B contributions on converted units  -0.5-0.2-0.4-0.3    
Distributions to common unitholders  -107.4-47.3-29.5-35.4-38.3   
Distribution to OpCo unitholders  -19.3-21.5-20.5-35.7    
Distribution on Class B units  0.0-0.1-0.1-0.10.0   
Borrowings on long-term debt  199.2136.6162.612.8124.3 3.1 
Repayments on long-term debt  -183.3-91.0-91.2 -67.9-0.9-0.6 
Payment of loan origination costs  -0.7-0.7-4.5-0.1-3.40.0  
Restricted units repurchased for tax withholding  -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  226.1-38.624.2-66.7177.9-0.9-2.1 
   
Supplemental cash flow information:          
    Cash paid for interest  11.27.55.35.23.30.40.3 
    Cash paid for taxes  3.1  0.8 0.00.0 
    Non-cash investing and financing activities:          
        Recognition of tenant improvement asset  0.10.4      
        Reduction of deferred underwriting commission associated with redemption of Kimbell Tiger Acquisition Corporation equity units          
        Deferred underwriting commissions          

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