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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     89.950.342.4-82.1-115.3
   
Adjustments to reconcile net income to net cash from operating activities:          
    Depreciation and depletion expense     42.639.636.837.138.9
    Amortization of right-of-use assets     0.2    
    Amortization of loan origination costs     1.71.61.61.41.3
    Equity income in affiliate     -4.3-1.2-1.1-1.0-1.1
    Cash distribution from affiliate     4.31.21.00.70.5
    Unit-based compensation     10.310.110.610.410.1
    (Gain) loss on derivative instruments, net of settlements     8.726.420.337.632.9
    Changes in operating assets and liabilities:          
        Oil, natural gas and NGL receivables     -29.9-16.8-17.6-14.6-12.0
        Accounts receivable and other current assets     -0.6-0.8-2.1-0.5-1.2
        Accounts payable     0.50.9-0.10.0-0.2
        Other current liabilities     1.31.1-0.50.50.2
        Operating lease liabilities     -0.3-0.3-0.3-0.3-0.3
        Interest earned on marketable securities in trust account          
        Other assets and liabilities          
            Net cash provided by operating activities     123.9112.091.483.470.7
   
CASH FLOWS FROM INVESTING ACTIVITIES          
Purchases of property and equipment     -0.2-0.4-0.8-1.7-1.6
Purchase of oil and natural gas properties     -55.2-55.2-55.3 -0.7
Cash distribution from affiliate     3.80.5 0.50.4
   
Cash received from investments held in trust          
Cash paid for transaction costs          
Investment in marketable securities          
    Net cash provided by (used in) investing activities     -288.5-292.1-55.6-2.7-3.4
   
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     -0.5-0.6  -0.3
Distributions to common unitholders     -73.6-57.4-47.3-38.8-30.3
Distribution to OpCo unitholders     -22.4-24.1-21.5-19.0-16.5
Distribution on Class B units     -0.1-0.1-0.1-0.1-0.1
Borrowings on long-term debt     168.3155.2136.646.110.5
Repayments on long-term debt     -115.1-97.2-91.0-23.1-19.3
Payment of loan origination costs     -0.9-0.8-0.7-4.7-4.7
   
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     165.7185.5-38.6-80.3-65.6
    NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS     7.16.5   
   
Supplemental cash flow information:          
    Cash paid for interest     9.18.17.56.96.2
    Cash paid for taxes     2.0    
    Non-cash investing and financing activities:          
        Recognition of tenant improvement asset     0.50.50.40.5 
        Reduction of deferred underwriting commission associated with redemption of Kimbell Tiger Acquisition Corporation equity units          
        Deferred underwriting commissions          

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