Kimbell Royalty NYSE: KRP reported record second-quarter results, supported by higher production, contributions from acquisitions and record oil, natural gas and NGL revenue. The company also raised its quarterly common-unit distribution by 15% from the first quarter while maintaining its 2026 guidance ahead of an expected update following the close of a separate drop-down acquisition later in August.
Kimbell Royalty Partners, LP Common Units (KRP) Q2 2026 Earnings Call Transcript
Kimbell Royalty (KRP) came out with quarterly earnings of $0.4 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.02 per share a year ago.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Michelle S. Hickox FIRST FINANCIAL BANKSHARES Inc. | 266,314 | $3.62M | $4.02M | $394,598.67 | 10.89% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 19,538 | $283,890 | $292,679.24 | $8,789.24 | 3.1% |
| PN Peter Nicholson First Bancorp Inc. /ME/ | 6,200 | $89,466 | $93,558 | $4,092 | 4.57% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 400 | $5,788 | $6,096 | $308 | 5.32% |
| NA Nizar Araji National Bank Of Canada /FI/ | 28,899 | $424,794.97 | $432,618.03 | $7,823.06 | 1.84% |
| NYSE Exchange | US Country |
Kimbell Royalty Partners, LP, is a noteworthy entity in the oil and gas sector, primarily focusing on acquiring and managing mineral and royalty interests across the United States. Originating in 2015 with its foundation firmly rooted in Fort Worth, Texas, the company has swiftly evolved into a central figure in the industry. Unique in its operational model, Kimbell leverages its status as the general partner to encompass a wide array of investments in oil and natural gas properties, marking a significant footprint in the energy landscape of the United States.
Kimbell Royalty Partners specializes in the strategic acquisition of mineral and royalty interests in the rich and diverse oil and natural gas fields across the United States. This core service enables the company to generate revenue from the extraction of natural resources without being directly involved in the operational aspects of drilling or extraction processes.
Extending beyond acquisitions, Kimbell also focuses on the ownership and sophisticated management of these properties. This involves diligent oversight and management strategies that enhance the value of their investments, ensuring sustained income flow from the productive oil and natural gas properties in their portfolio.