| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Derivative assets | NaN | 6,504 | 4,601 | 3,773 |
| Cash and cash equivalents | 37,161 | 43,977 | 40,003 | 34,524 |
| Oil, natural gas and ngl receivables | 45,528 | 36,582 | 41,253 | 47,989 |
| Accounts receivable and other current assets | 1,992 | 1,420 | 2,509 | 1,963 |
| Total current assets | 84,681 | 88,483 | 88,366 | 88,249 |
| Property and equipment, net | 606 | 629 | 596 | 557 |
| Oil and natural gas properties, using full cost method of accounting (136,057 and 174,189 excluded from depletion at march 31, 2026 and december 31, 2025, respectively) | 2,271,470 | 2,271,470 | 2,271,470 | 2,271,464 |
| Less accumulated depreciation, depletion and impairment | 1,177,421 | 1,148,157 | 1,116,263 | 1,085,279 |
| Total oil and natural gas properties, net | 1,094,049 | 1,123,313 | 1,155,207 | 1,186,185 |
| Right-of-use assets, net | 4,516 | 4,606 | 4,695 | 4,783 |
| Derivative assets | 395 | 2,587 | 563 | 267 |
| Loan origination costs, net | 9,493 | 9,722 | 4,386 | 4,895 |
| Total assets | 1,193,740 | 1,229,340 | 1,253,813 | 1,284,936 |
| Accounts payable | 2,872 | 3,144 | 4,502 | 3,093 |
| Other current liabilities | 6,617 | 7,097 | 11,900 | 13,092 |
| Derivative liabilities | 7,060 | NaN | NaN | NaN |
| Total current liabilities | 16,549 | 10,241 | 16,402 | 16,185 |
| Other liabilities | NaN | NaN | NaN | 10 |
| Operating lease liabilities, excluding current portion | 4,326 | 4,411 | 4,493 | 4,573 |
| Derivative liabilities | 3,091 | 28 | NaN | 669 |
| Long-term debt | 440,900 | 441,500 | 448,496 | 462,096 |
| Total liabilities | 464,866 | 456,180 | 469,391 | 483,533 |
| Series a preferred units (162,500 units issued and outstanding as of march 31, 2026 and december 31, 2025) | 158,987 | 158,793 | 158,594 | 158,395 |
| Common units (99,152,268 units and 93,396,488 units issued and outstanding as of march 31, 2026 and december 31, 2025, respectively) | 521,417 | 531,121 | 541,043 | 555,914 |
| Class b units (9,122,322 units and 14,491,540 units issued and outstanding as of march 31, 2026 and december 31, 2025, respectively) | 456 | 724 | 724 | 724 |
| Total kimbell royalty partners, lp unitholders' equity | 521,873 | 531,845 | 541,767 | 556,638 |
| Non-controlling interest in opco | 48,014 | 82,522 | 84,061 | 86,370 |
| Total unitholders' equity | 569,887 | 614,367 | 625,828 | 643,008 |
| Total liabilities, mezzanine equity and unitholders' equity | 1,193,740 | 1,229,340 | 1,253,813 | 1,284,936 |
Kimbell Royalty Partners, LP (KRP)
Kimbell Royalty Partners, LP (KRP)