| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 40,003 | 34,524 | ||
| Oil, natural gas and ngl receivables | 41,253 | 47,989 | ||
| Derivative assets | 4,601 | 3,773 | ||
| Accounts receivable and other current assets | 2,509 | 1,963 | ||
| Total current assets | 88,366 | 88,249 | ||
| Property and equipment, net | 596 | 557 | ||
| Oil and natural gas properties, using full cost method of accounting (175,032 and 115,200 excluded from depletion at september 30, 2025 and december 31, 2024, respectively) | 2,271,470 | 2,271,464 | ||
| Less accumulated depreciation, depletion and impairment | 1,116,263 | 1,085,279 | ||
| Total oil and natural gas properties, net | 1,155,207 | 1,186,185 | ||
| Right-of-use assets, net | 4,695 | 4,783 | ||
| Derivative assets | 563 | 267 | ||
| Loan origination costs, net | 4,386 | 4,895 | ||
| Total assets | 1,253,813 | 1,284,936 | ||
| Accounts payable | 4,502 | 3,093 | ||
| Other current liabilities | 11,900 | 13,092 | ||
| Total current liabilities | 16,402 | 16,185 | ||
| Other liabilities | - | 10 | ||
| Operating lease liabilities, excluding current portion | 4,493 | 4,573 | ||
| Long-term debt | 448,496 | 462,096 | ||
| Derivative liabilities | - | 669 | ||
| Total liabilities | 469,391 | 483,533 | ||
| Series a preferred units (162,500 and 325,000 units issued and outstanding as of september 30, 2025 and december 31, 2024) | 158,594 | 158,395 | ||
| Common units (93,396,488 units and 80,969,651 units issued and outstanding as of september 30, 2025 and december 31, 2024, respectively) | 541,043 | 555,914 | ||
| Class b units (14,491,540 units and 14,524,120 units issued and outstanding as of september 30, 2025 and december 31, 2024, respectively) | 724 | 724 | ||
| Total kimbell royalty partners, lp unitholders' equity | 541,767 | 556,638 | ||
| Non-controlling interest in opco | 84,061 | 86,370 | ||
| Total unitholders' equity | 625,828 | 643,008 | ||
| Total liabilities, mezzanine equity and unitholders' equity | 1,253,813 | 1,284,936 | ||
Kimbell Royalty Partners, LP (KRP)
Kimbell Royalty Partners, LP (KRP)