Kimbell Royalty Partners, LP (KRP)

Slight drops in production, revenue, EPS, and EBITDA, but costs fell and balance sheet stayed strong. The dividend payout is 75% of cash flow and the rest is used for debt repayment and 100% return of capital avoids US dividend tax. Debt $462M, low leverage (1.6x), bigger credit line, and preferred buyback boost flexibility.

Presentation Operator MessageOperator (Operator)Greetings, and welcome to the Kimbell Royalty Partners' Second Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference

Kimbell Royalty Partners, LP Common Units (NYSE:KRP ) Q2 2025 Earnings Conference Call August 7, 2025 11:00 AM ET Company Participants Matthew S. Daly - COO & Secretary of Kimbell Royalty GP LLC Robert Davis Ravnaas - President & CFO of Kimbell Royalty GP LLC Robert Dean Ravnaas - Chairman of the Board & CEO of Kimbell Royalty GP LLC Conference Call Participants John Annis - Unidentified Company Noah B.

Kimbell (KRP) Q2 Revenue Rises 13%

Kimbell Royalty (KRP) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.11 per share a year ago.

Q2 2025 Run-Rate Daily Production of 25,355 Boe/d (6:1) Activity on Acreage Remains Robust with 88 Active Rigs Drilling Representing 17% 1  Market Share of U.S. Land Rig Count Announces Q2 2025 Cash Distribution of $0.38 per Common Unit FORT WORTH, Texas, Aug. 7, 2025 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and natural gas mineral and royalty interests in over 131,000 gross wells across 28 states, today announced financial and operating results for the quarter ended June 30, 2025.  Second Quarter 2025 Highlights Q2 2025 run-rate daily production of 25,355 barrels of oil equivalent ("Boe") per day (6:1) Q2 2025 oil, natural gas and NGL revenues of $74.7 million Q2 2025 net income of approximately $26.7 million and net income attributable to common units of approximately $2.0 million Q2 2025 consolidated Adjusted EBITDA of $63.8 million Cash G&A per BOE of $2.36 in Q2 2025, below low-end of guidance reflecting operational discipline and positive operating leverage As of June 30, 2025, Kimbell's major properties2 had 7.99 net DUCs and net permitted locations on its acreage (5.10 net DUCs and 2.89 net permitted locations) compared to an estimated 6.5 net wells needed to maintain flat production As of June 30, 2025, Kimbell had 88 rigs actively drilling on its acreage, representing approximately 17% market share of all land rigs drilling in the continental United States as of such time Announced a Q2 2025 cash distribution of $0.38 per common unit, reflecting a payout ratio of 75% of cash available for distribution; implies a 10.3% annualized yield based on the August 6, 2025 closing price of $14.79 per common unit; Kimbell intends to utilize the remaining 25% of its cash available for distribution to repay a portion of the outstanding borrowings under Kimbell's secured revolving credit facility Kimbell affirms its financial and operational guidance ranges for 2025 previously disclosed in its Q4 2024 earnings release Robert Ravnaas, Chairman and Chief Executive Officer of Kimbell Royalty GP, LLC, Kimbell's general partner (the "General Partner"), commented, "Kimbell's active rig count remains strong with our market share of U.S. land rigs actively drilling increasing by 1% to 17%.

Kimbell Royalty (KRP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

After reaching an important support level, Kimbell Royalty (KRP) could be a good stock pick from a technical perspective. KRP surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend.

The average of price targets set by Wall Street analysts indicates a potential upside of 27.4% in Kimbell Royalty (KRP). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

KRP, NXRT and BEN made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 23, 2025.

KRP, IIIN, UI, TROW and ZM have been added to the Zacks Rank #1 (Strong Buy) List on July 23, 2025.

PHAR, ROKU, PROK, MAG and KRP have been added to the Zacks Rank #1 (Strong Buy) List on July 17, 2025.

KRP, MAG and FCF made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 17, 2025.

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The mean of analysts' price targets for Kimbell Royalty (KRP) points to a 30.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

From a technical perspective, Kimbell Royalty (KRP) is looking like an interesting pick, as it just reached a key level of support. KRP recently overtook the 20-day moving average, and this suggests a short-term bullish trend.