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Kimbell Royalty Partners, LP (KRP) stock

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NYSE: KRP NYSE Oil & Gas Exploration & Production Next results ~November 5, 2026

C+ Fundamentals grade

Kimbell Royalty Partners, LP is a US-listed company in the oil & gas exploration & production industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$6.1

Valuation models combined (2)

Base case. Range ~$5.3–$7.6. Weighted average of 2 models (proved-reserve net asset value, forward price-to-earnings vs peers), the proved-reserve net asset value counting double.

Price vs value

No Buy/Hold/Sell rating is issued: only 2 valuation models apply; a rating needs 3.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter Kimbell Royalty Partners files

Where Kimbell Royalty Partners, LP stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $341m, up 6.2% on a year earlier, faster than the 1.2% growth a quarter earlier. Free-cash-flow margin rose to 33.8% from 7.1% a year earlier. Operating margin widened to 40.1% from 20.8%. It passes 1 of our 3 financial-health checks. Our valuation models combined value is $25.05 a share, against a share price of $16.93.

Source: 10-Q filed August 7, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

Kimbell Royalty Partners, LP's trailing-twelve-month revenue grew 6.2% year on year, with a free-cash-flow margin of 33.8%. Where it stands out: net margin of 29.7% ranks 7 of 57 oil & gas exploration & production companies we cover. Where it lags: stock pay as % of revenue of 4.9% ranks 45 of 47 oil & gas exploration & production companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 407.5% while net income grew 159.4%: a 248pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Growth speeding up. The growth rate is 4.9 points higher than a quarter earlier.
  • High operating margin. 40.1% of revenue is left as operating profit, against a median of 19.9% for oil & gas exploration & production companies we cover.
  • Margins widening. Operating margin is up 19.3 points on a year ago.
  • Strong cash generation. 33.8% of revenue turned into free cash flow, against a median of 23.2% for oil & gas exploration & production companies we cover.
  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Results due soon. Results are expected around 5 November; the share price can move sharply on the day.
  • Below peers: stock pay as % of revenue. Stock pay as % of revenue of 4.9% ranks 45 of 47 oil & gas exploration & production companies we cover (median 1.2%).
  • Earnings expected to fall. The consensus expects earnings per share to fall 4% next year.

Latest results: FY2026 Q2

Filed August 7, 2026
Earnings per share
$0.28 against an average estimate of $0.27: beat by 7.4%
Revenue
$112m, up 30.0% on a year earlier
Share reaction
+4.0% in the first session after the results on August 7, 2026, against +0.6% for the S&P 500
Next report
November 5, 2026; average EPS estimate $0.26

Kimbell Royalty Partners' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-3.0%
  • 1 week-2.9%
  • 1 month+12.3%
  • This year+51.4%
  • 1 year+38.0%
  • 5 years+93.4%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$341M
Operating margin
40.1%
Net margin
29.7%

Growth

Revenue growth
+6.2%
Change in growth rate
+4.9 pts

Cash

Free cash flow (TTM)
$115M
FCF margin
33.8%
Stock pay % of revenue
4.9%

Earnings

Last results
August 7, 2026
Next results (est.)
November 5, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Agreement
  3. Results
  4. Agreement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 2 valuation models apply; a rating needs 3.

Valuation models

We value Kimbell Royalty Partners, LP as an oil and gas producer, with every model that fits that kind of business. Cost of equity 7.7%: the 10-year Treasury yield (4.9%) plus a beta of 0.62 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Proved-reserve net asset value The SEC standardised measure of the company's proved oil and gas reserves (future net cash flows after tax at SEC average prices, discounted at 10%) less debt and other claims, per share. ~$5.3 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$7.6 ~$6.0–$11 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: book value or earnings not available
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Combined value Weighted average of the models that apply: the primary model (proved-reserve net asset value) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$6.1 ~$5.3–$7.6 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Kimbell Royalty Partners, LP with oil and gas producers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

42 /100

Weak moat

How hard Kimbell Royalty Partners's competitive advantage looks for rivals to wear away, judged from 9 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 2 / 20

    Net income has been a median 3.0% of total assets over 9 years.

  • Durability 6 / 20

    Operating margin has been a median 20.8%; its worst year was -245.5%.

  • Cash conversion 17 / 20

    Free cash flow was positive in 6 of 9 years, at a median 33.8% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 5, 2026, before the open. Analysts expect revenue of $103m and EPS of $0.26 (range $0.24 to $0.28) for the quarter.

Analysts' consensus

Kimbell Royalty Partners, LP: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $1.08 +50% $395m +18%
Next $1.04 −4% $403m +2%

Next year's EPS estimate has moved +20.5% in 90 days, across 3 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +25.9% on 90 days ago. In the last 30 days, 3 analysts raised Kimbell Royalty Partners, LP's forecast and 0 cut it.

Consensus EPS forecast Kimbell Royalty Partners, LP, last 90 days
$0.80 $0.90 $1.00 $1.10 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.85 Current fiscal year, 60 days ago: $0.90 Current fiscal year, 30 days ago: $0.95 Current fiscal year, 7 days ago: $1.07 Current fiscal year, Now: $1.08 $1.08 Next fiscal year, 90 days ago: $0.86 Next fiscal year, 60 days ago: $0.85 Next fiscal year, 30 days ago: $0.99 Next fiscal year, 7 days ago: $1.03 Next fiscal year, Now: $1.04 $1.04

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.85$0.86
60 days ago $0.90$0.85
30 days ago $0.95$0.99
7 days ago $1.07$1.03
Now $1.08$1.04

Earnings against estimates

Kimbell Royalty Partners, LP: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Jun 2026 $0.27 $0.28 +7.4%
Mar 2026 $0.21 $0.21 −1.0%
Dec 2025 $0.14 $0.21 +55.9%
Sept 2025 $0.16 $0.21 +32.9%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 7, 2026

No numeric guidance in Kimbell Royalty Partners, LP's latest earnings release (filed August 7, 2026). Some companies give their outlook only on the earnings call.

Analyst recommendations

6 analysts, Oct 2026
Buy467%
Hold233%
Sell00%

Monthly trend

  1. Oct 20261326
  2. Sep 20261326
  3. Aug 20261326
  4. Jul 20261326

Counts of recommendations published by analysts covering Kimbell Royalty Partners, LP, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
4.1%
of tradable shares
Days to cover
4.45
at average volume
Short interest, 1 month
+7%
to October 15, 2026
Held by institutions
32%
of shares
Held by insiders
10.3%
of shares

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Kimbell Royalty Partners, LP: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
KRP+90%+37%+1%+20%−19%+51%
Industry peers (median)+86%+55%−8%+1%−15%+17%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
KRP58%67%42%67%25%73%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
KRP−20%−24%−15%−10%−28%−8%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since February 3, 2017: 81% from September 10, 2018 to March 23, 2020. Getting back needed a 424% gain, reached on March 25, 2022, 732 days after the low.

Price behaviour

52-week range
$10.44 – $16.97
From 52-week high
−3.5%
vs 50-day average
+6.7%
vs 200-day average
+15.1%
Volatility (1 year)
23%
Beta vs S&P 500
-0.39

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
8 up, 4 down
typical move ±3.0%
After a week
7 up, 5 down
typical move ±4.8%
After a month
6 up, 6 down
typical move ±6.2%
Kimbell Royalty Partners, LP: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
August 7, 2026 +4.0% +0.6% +4.1% +7.5%
May 7, 2026 −0.3% +0.5% +4.9% +9.3%
February 26, 2026 +1.5% −1.0% +3.0% +6.8%
November 6, 2025 +2.1% −1.0% +4.2% −0.6%
August 7, 2025 −2.2% +0.7% −2.3% −6.7%
May 8, 2025 +10.9% +0.6% +13.0% +18.7%
February 27, 2025 −1.9% −0.1% −14.5% −7.3%
November 7, 2024 +2.3% +1.2% −0.2% −1.1%
August 1, 2024 −4.4% −3.3% −3.0% −0.4%
May 2, 2024 +2.9% +2.2% +6.3% +9.0%
February 21, 2024 +0.9% +2.2% +0.4% +4.6%
November 2, 2023 +3.0% +2.8% −1.9% −2.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Revenue (TTM) Kimbell Royalty Partners, LP
$260M $280M $300M $320M $340M $360M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $263.5M Revenue (TTM), FY23 Q4: $294.1M Revenue (TTM), FY24 Q1: $309.4M Revenue (TTM), FY24 Q2: $325.2M Revenue (TTM), FY24 Q3: $341.8M Revenue (TTM), FY24 Q4: $309.3M Revenue (TTM), FY25 Q1: $311.3M Revenue (TTM), FY25 Q2: $321.3M Revenue (TTM), FY25 Q3: $318.1M Revenue (TTM), FY25 Q4: $333.8M Revenue (TTM), FY26 Q1: $315.2M Revenue (TTM), FY26 Q2: $341.1M $341.1M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $263.5M
FY23 Q4 $294.1M
FY24 Q1 $309.4M
FY24 Q2 $325.2M
FY24 Q3 $341.8M
FY24 Q4 $309.3M
FY25 Q1 $311.3M
FY25 Q2 $321.3M
FY25 Q3 $318.1M
FY25 Q4 $333.8M
FY26 Q1 $315.2M
FY26 Q2 $341.1M
Revenue growth, TTM YoY Kimbell Royalty Partners, LP
-10% 0% 10% 20% 30% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 12.1% Revenue growth, TTM YoY, FY23 Q4: 18.5% Revenue growth, TTM YoY, FY24 Q1: 10.0% Revenue growth, TTM YoY, FY24 Q2: 20.8% Revenue growth, TTM YoY, FY24 Q3: 29.7% Revenue growth, TTM YoY, FY24 Q4: 5.2% Revenue growth, TTM YoY, FY25 Q1: 0.6% Revenue growth, TTM YoY, FY25 Q2: -1.2% Revenue growth, TTM YoY, FY25 Q3: -6.9% Revenue growth, TTM YoY, FY25 Q4: 7.9% Revenue growth, TTM YoY, FY26 Q1: 1.2% Revenue growth, TTM YoY, FY26 Q2: 6.2% 6.2%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 12.1%
FY23 Q4 18.5%
FY24 Q1 10.0%
FY24 Q2 20.8%
FY24 Q3 29.7%
FY24 Q4 5.2%
FY25 Q1 0.6%
FY25 Q2 -1.2%
FY25 Q3 -6.9%
FY25 Q4 7.9%
FY26 Q1 1.2%
FY26 Q2 6.2%
Operating margin (TTM) Kimbell Royalty Partners, LP
0% 20% 40% 60% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 46.3% Operating margin (TTM), FY23 Q4: 37.4% Operating margin (TTM), FY24 Q1: 30.4% Operating margin (TTM), FY24 Q2: 28.7% Operating margin (TTM), FY24 Q3: 29.9% Operating margin (TTM), FY24 Q4: 12.0% Operating margin (TTM), FY25 Q1: 17.0% Operating margin (TTM), FY25 Q2: 20.8% Operating margin (TTM), FY25 Q3: 19.3% Operating margin (TTM), FY25 Q4: 39.8% Operating margin (TTM), FY26 Q1: 36.5% Operating margin (TTM), FY26 Q2: 40.1% 40.1%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 46.3%
FY23 Q4 37.4%
FY24 Q1 30.4%
FY24 Q2 28.7%
FY24 Q3 29.9%
FY24 Q4 12.0%
FY25 Q1 17.0%
FY25 Q2 20.8%
FY25 Q3 19.3%
FY25 Q4 39.8%
FY26 Q1 36.5%
FY26 Q2 40.1%
FCF margin (TTM) Kimbell Royalty Partners, LP
-200% -100% 0% 100% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -181.1% FCF margin (TTM), FY23 Q4: -107.6% FCF margin (TTM), FY24 Q1: -95.1% FCF margin (TTM), FY24 Q2: -67.3% FCF margin (TTM), FY24 Q3: 74.1% FCF margin (TTM), FY24 Q4: 81.1% FCF margin (TTM), FY25 Q1: 4.3% FCF margin (TTM), FY25 Q2: 7.1% FCF margin (TTM), FY25 Q3: 7.2% FCF margin (TTM), FY25 Q4: 7.1% FCF margin (TTM), FY26 Q1: 37.8% FCF margin (TTM), FY26 Q2: 33.8% 33.8%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -181.1%
FY23 Q4 -107.6%
FY24 Q1 -95.1%
FY24 Q2 -67.3%
FY24 Q3 74.1%
FY24 Q4 81.1%
FY25 Q1 4.3%
FY25 Q2 7.1%
FY25 Q3 7.2%
FY25 Q4 7.1%
FY26 Q1 37.8%
FY26 Q2 33.8%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Kimbell Royalty Partners took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $334M
  2. Selling, general and admin $39.7M · 11.9%
  3. Other operating costs $161M · 48.3%
  4. Operating income $133M · 39.8%
  5. Interest and other $33.2M · 9.9%
  6. Net income $99.7M · 29.9%
Where Kimbell Royalty Partners's revenue went, FY2025
Revenue $334M
Selling, general and admin $39.7M 11.9% of revenue
Other operating costs $161M 48.3% of revenue
Operating income $133M 39.8% of revenue
Interest and other $33.2M 9.9% of revenue
Net income $99.7M 29.9% of revenue

Shares of revenue. Source: Kimbell Royalty Partners's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Kimbell Royalty Partners, LP: annual financial statements
Fiscal year 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 70 108 90 136 248 294 309 334 341
EBITDA −23 −99 −203 86 187 206 172 257 259
Operating income −48 −152 −251 49 137 110 37 133 137
Net income −57 −158 −256 42 131 83 11 100 101
Growth (year on year)
Revenue — +54.0% −16.4% +49.9% +82.9% +18.5% +5.2% +7.9% +6.2%
EBITDA — — — — +117.2% +10.3% −16.6% +49.5% +34.8%
Operating income — — — — +177.7% −19.8% −66.3% +259.1% +104.7%
Net income — — — — +208.2% −36.5% −86.7% +800.2% +159.4%
Margins
EBITDA margin −32.7% −91.9% −224.1% 63.5% 75.4% 70.2% 55.6% 77.1% 76.1%
Operating margin −68.6% −140.1% −277.1% 36.4% 55.2% 37.4% 12.0% 39.8% 40.1%
Net margin −80.8% −146.2% −283.0% 31.3% 52.7% 28.2% 3.6% 29.9% 29.7%
Free-cash-flow margin 46.7% 63.8% −28.0% 26.7% 10.2% −107.6% 81.1% 7.1% 69.7%
Cash flow
Cash from operations 33 81 62 91 167 174 251 246 238
Capital spending 0 12 88 55 141 491 0 223 0
Free cash flow 33 69 −25 36 25 −316 251 24 238
Stock-based pay 3 8 9 11 11 13 16 16 17
Free cash flow after stock pay 30 62 −35 26 14 −330 235 7 221
Balance sheet
Cash 16 14 10 7 25 31 34 44 45
Total debt 87 100 172 217 233 294 239 442 479
Net debt (negative = net cash) 72 86 162 210 208 263 205 398 434

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 3 checks passed · June 30, 2026
What it owns · $1.3bn
Short-term assets $101mLonger-term assets $1.2bn
What it owes, and who funded it · $497m
Short-term liabilities $14mLonger-term liabilities $484m
  • Short-term assets cover short-term liabilities $101m of assets due within a year against $14m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $101m short-term assets against $484m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Operating income of $137m against $35m of interest.

From Kimbell Royalty Partners, LP's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Sales & admin spending
11.7%
of revenue

Competitors: side by side with peers

Closest by revenue in oil & gas exploration & production
Growth, margins and cash generation against peers
Last 12 months unless stated KRP PROP EGY REI VTS OBE Median
Revenue, last 12 months $341m $343m $350m $324m $300m $409m $1.4bn
Revenue growth, last 12 months 6.2% 282.7% −25.5% −3.2% 10.6% −25.9% 10.6%
Revenue growth, 3-year average 8.2% — −1.3% −3.6% 10.0% — 1.4%
Revenue growth, latest quarter 30.0% 45.2% 39.5% 26.7% 23.0% — 31.5%
Gross margin — −12.6% — 99.9% — — 75.2%
Operating margin 40.1% 27.1% −10.4% −53.0% 12.0% — 21.1%
Operating margin, 3-year average 29.9% <−999% 17.2% 6.0% 14.9% — 16.5%
Net margin 29.7% −13.0% −31.1% −68.0% −15.4% 6.2% 10.1%
Cash from operations / revenue 69.7% 69.5% 56.1% 48.1% 42.1% 42.0% 42.4%
Free-cash-flow margin 33.8% 71.8% 26.4% 46.2% 33.7% −10.3% 19.3%
Free-cash-flow margin, 3-year average −8.8% −235.1% 20.1% 48.8% 46.2% −0.4% 19.1%
Stock pay / revenue 4.9% 5.9% 1.8% 2.1% 2.8% 1.5% 1.5%
Change in share count — 712.6% 0.7% 6.0% 11.5% −5.5% 0.4%

Median of all 57 companies we cover in oil & gas exploration & production. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

57 oil & gas exploration & production companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 6.2% 10.6% 33 of 57
Change in growth rate Growth +4.9pp +4.9pp 29 of 57
Operating margin Profitability 40.1% 19.9% 6 of 42
Net margin Profitability 29.7% 10.1% 7 of 57
Free-cash-flow margin Cash generation 33.8% 23.2% 15 of 51
Stock pay as % of revenue Cash generation 4.9% 1.2% 45 of 47

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Oil and Gas $317M ▲ 4.2%
Oil and Condensate $195M ▼ 9.3%
Natural Gas Midstream $78.4M ▲ 56.2%
NGL Revenue $43.6M ▲ 12.2%
Lease Bonus and Other Income $4.3M ▼ 29.5%

These categories overlap or exclude eliminations, so shares aren't shown.

From Kimbell Royalty Partners, LP's 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Reported value
$455M
Institutions reporting
211
Shares held vs prior quarter
▼ 2.8%
Positions opened / closed
42 / 23

Top buyers and sellers, Q2 2026: 118 institutions bought and 64 sold ; the biggest buyer was Van Eck Associates Corp (+2.8M shares) and the biggest seller Encap Investments L.P (−4.1M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Van Eck Associates Corp $52.7M 3.6M 11.6% ▲ 329.4%
American Century Companies Inc $49.2M 3.4M 10.8% ▲ 5.6%
Morgan Stanley $27.6M 1.9M 6.1% ▲ 70.5%
Raymond James Financial Inc $23.2M 1.6M 5.1% ▲ 19.1%
Algert Global LLC $20.2M 1.4M 4.4% ▲ 11.4%
Encap Investments L.P. $19M 1.3M 4.2% ▼ 76.0%
Vanguard Portfolio Management LLC $15.4M 1.1M 3.4% ▲ 29.7%
UBS Group AG $14.2M 977K 3.1% ▲ 5.8%
Nomura Asset Management International Inc. $12.5M 863K 2.8% ▼ 3.6%
Royal Bank Of Canada $9.4M 648K 2.1% ▲ 8.6%
Pin Oak Investment Advisors Inc $8.4M 580K 1.9% ▲ 0.4%
Marshall Wace, LLP $8.2M 563K 1.8% ▼ 17.6%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Kimbell Royalty Partners, LP's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Rhynsburger Blayne Controller September 22, 2026 Sell 1,700 $14.31 $24,327
Rhynsburger Blayne Controller August 25, 2026 Sell 4,524 $15.08 $68,222
Rhynsburger Blayne Controller March 23, 2026 Sell 6,609 $14.48 $95,698
Wynne Mitch S. Director March 2, 2026 Sell 35,000 $14.48 $506,800

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 1 trade and filings

In the last 12 months, 1 member of Congress disclosed 1 purchase and 0 sales of Kimbell Royalty Partners, LP shares.

  • August Pfluger(R-TX 11):Purchase, $15,001 - $50,000, traded March 13, 2026, filed April 15, 2026

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 5, 2026 estimated from the company's past filing pattern, not announced

  • August 7, 2026
  • May 7, 2026
  • February 26, 2026
  • November 6, 2025
  • August 7, 2025
  • May 8, 2025

Recent SEC filings

Data status

When each part of this page on Kimbell Royalty Partners, LP was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Kimbell Royalty Partners, LP in brief

What does Kimbell Royalty Partners, LP do?
Kimbell Royalty Partners, LP is a US-listed company in the oil & gas exploration & production industry. Its financial year ends in December.
What is Kimbell Royalty Partners, LP's stock ticker?
Kimbell Royalty Partners, LP trades under the ticker KRP on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Kimbell Royalty Partners, LP's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Kimbell Royalty Partners, LP reported revenue of $341M, 6.2% higher than a year earlier, according to its SEC filings.
What is Kimbell Royalty Partners, LP's free cash flow?
Kimbell Royalty Partners, LP's free-cash-flow margin is 33.8% of revenue over the trailing twelve months, ranking 15 of the 51 oil & gas exploration & production companies we cover.
Who are Kimbell Royalty Partners, LP's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Van Eck Associates Corp, American Century Companies Inc and Morgan Stanley. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Who are Kimbell Royalty Partners, LP's competitors?
In our Oil & Gas Exploration & Production peer group, the companies closest to Kimbell Royalty Partners, LP are Prairie Operating Co., Vaalco Energy Inc, Ring Energy, Inc., Vitesse Energy, Inc. and Obsidian Energy LTD. The side-by-side comparison below sets their revenue, margins and growth against Kimbell Royalty Partners, LP's.
Are insiders buying or selling Kimbell Royalty Partners, LP stock?
Over the last 12 months, Kimbell Royalty Partners, LP's directors and officers reported 0 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is Kimbell Royalty Partners, LP's next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Kimbell Royalty Partners, LP announces its own schedule.