Kimbell Royalty Partners, LP (KRP) Revenue & Revenue Breakdown


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Kimbell Royalty Partners, LP Revenue Highlights


Latest Revenue (Y)

$273.18M

Latest Revenue (Q)

$76.57M

Main Segment (Y)

Oil, natural gas and NGL revenues

Kimbell Royalty Partners, LP Revenue by Period


Kimbell Royalty Partners, LP Revenue by Year

DateRevenueChange
2023-12-31$273.18M-4.16%
2022-12-31$285.04M59.77%
2021-12-31$178.41M91.97%
2020-12-31$92.93M-15.48%
2019-12-31$109.96M64.30%
2018-12-31$66.93M118.25%
2017-12-31$30.66M750.22%
2016-12-31$3.61M-23.02%
2015-12-31$4.68M-35.11%
2014-12-31$7.22M-

Kimbell Royalty Partners, LP generated $273.18M in revenue during NA 2023, up -4.16% compared to the previous quarter, and up 408.18% compared to the same period a year ago.

Kimbell Royalty Partners, LP Revenue by Quarter

DateRevenueChange
2024-06-30$76.57M-12.92%
2024-03-31$87.94M4.04%
2023-12-31$84.52M17.75%
2023-09-30$71.78M21.62%
2023-06-30$59.02M2.02%
2023-03-31$57.85M-11.61%
2022-12-31$65.45M-11.59%
2022-09-30$74.04M-7.22%
2022-06-30$79.80M21.40%
2022-03-31$65.74M25.10%
2021-12-31$52.55M6.46%
2021-09-30$49.36M23.58%
2021-06-30$39.94M9.27%
2021-03-31$36.55M40.96%
2020-12-31$25.93M6.53%
2020-09-30$24.34M44.51%
2020-06-30$16.84M-34.75%
2020-03-31$25.81M-5.67%
2019-12-31$27.37M-10.19%
2019-09-30$30.47M4.35%
2019-06-30$29.20M27.43%
2019-03-31$22.92M-0.62%
2018-12-31$23.06M7.54%
2018-09-30$21.44M90.67%
2018-06-30$11.25M0.63%
2018-03-31$11.18M11.67%
2017-12-31$10.01M19.84%
2017-09-30$8.35M7.73%
2017-06-30$7.75M49.86%
2017-03-31$5.17M400.20%
2016-12-31$1.03M6.72%
2016-09-30$969.08K14.31%
2016-06-30$847.74K12.19%
2016-03-31$755.65K-25.48%
2015-12-31$1.01M-

Kimbell Royalty Partners, LP generated $76.57M in revenue during Q2 2024, up -12.92% compared to the previous quarter, and up 132.36% compared to the same period a year ago.

Kimbell Royalty Partners, LP Revenue Breakdown


Kimbell Royalty Partners, LP Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Oil, natural gas and NGL revenues$267.58M$281.96M$175.09M--
Lease bonus and other income$5.59M$3.07M$3.32M--
Oil And Gas---$92.59M$107.48M
Lease Bonus And Other Income---$345.77K$2.48M

Kimbell Royalty Partners, LP's latest annual revenue breakdown by segment (product or service), as of Dec 23: Oil, natural gas and NGL revenues (97.95%), and Lease bonus and other income (2.05%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Oil, natural gas and NGL revenues$76.96M$87.50M$210.17M$57.42M$64.42M$73.87M$78.59M$65.08M$52.24M-----------
Lease bonus and other income$659.98K$438.80K$5.16M$437.34K$1.03M$171.70K$1.21M$654.13K$306.06K-----------
Oil revenue---$39.81M----------------
Lease Bonus And Other Income----------$1.72M$1.10M$186.31K$31.93K$15.92K$68.61K$229.32K$163.60K$940.90K$1.29M
Oil And Gas----------$47.64M$38.84M$36.37M$25.90M$24.33M$16.78M$25.59M$27.20M$29.53M$27.91M

Kimbell Royalty Partners, LP's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Oil, natural gas and NGL revenues (99.15%), and Lease bonus and other income (0.85%).

Kimbell Royalty Partners, LP Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
CTRACoterra Energy$2.37B$337.00M
STRSitio Royalties$593.36M$151.39M
BSMBlack Stone Minerals$409.98M$120.72M
KRPKimbell Royalty Partners, LP$273.18M$76.57M
DMLPDorchester Minerals$11.83M$37.36M

KRP Revenue FAQ


Kimbell Royalty Partners, LP's yearly revenue for 2023 was $273.18M, representing a decrease of -4.16% compared to 2022. The company's yearly revenue for 2022 was $285.04M, representing an increase of 59.77% compared to 2021. KRP's yearly revenue for 2021 was $178.41M, representing an increase of 91.97% compared to 2020.

Kimbell Royalty Partners, LP's quarterly revenue for Q2 2024 was $76.57M, a -12.92% decrease from the previous quarter (Q1 2024), and a 29.73% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $87.94M, a 4.04% increase from the previous quarter (Q4 2023), and a 52.00% increase year-over-year (Q1 2023). KRP's quarterly revenue for Q4 2023 was $84.52M, a 17.75% increase from the previous quarter (Q3 2023), and a 29.13% increase year-over-year (Q4 2022).

Kimbell Royalty Partners, LP's revenue growth rate for the last 3 years (2021-2023) was 53.12%, and for the last 5 years (2019-2023) was 148.44%.

Kimbell Royalty Partners, LP's revenue streams in c 23 are Oil, natural gas and NGL revenues, and Lease bonus and other income. Oil, natural gas and NGL revenues generated $267.58M in revenue, accounting 97.95% of the company's total revenue, down -5.10% year-over-year. Lease bonus and other income generated $5.59M in revenue, accounting 2.05% of the company's total revenue, up 82.03% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Kimbell Royalty Partners, LP was Oil, natural gas and NGL revenues. This segment made a revenue of $267.58M, representing 97.95% of the company's total revenue.