Kimbell Reports Q1 Revenue of $65.5M, Below Consensus
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy KRP?
Reports Q1 revenue $65.5M, consensus $89.78M. Q2 run-rate daily production was 25,522 Boe per day. CEO Robert Ravnaas commented, "We are pleased to report another strong quarter with robust drilling activity across our acreage. Kimbell's production exceeded the midpoint of guidance, showing once again the resilience of our high quality, diversified and low decline production base. Kimbell's active rig count remains robust with 85 rigs drilling across our acreage, led by the Permian Basin, and our market share of U.S. land rigs remained at 16%...We are pleased to declare the Q1 2026 distribution of 41c per common unit, reflecting a 11.2% annualized tax advantaged yield based on Kimbell's closing price on May 6...We believe higher oil prices will likely result in a modest increase in activity across oil-weighted basins as we progress through 2026 as many operators will likely move up the completion of DUCs to take advantage of higher prices and gradually add additional rigs. We remain extremely excited about the U.S. oil and natural gas royalty industry, our role as a leading consolidator and the prospects for Kimbell to generate long-term unitholder value for years to come."
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Analyst Views on KRP
Wall Street analysts forecast KRP stock price to rise
6 Analyst Rating
2 Buy
3 Hold
1 Sell
Hold
Current: 14.550
Low
12.00
Averages
17.00
High
24.00
Current: 14.550
Low
12.00
Averages
17.00
High
24.00
About KRP
Kimbell Royalty Partners, LP is an oil and gas mineral and royalty company. It owns mineral and royalty interests in over 17 million gross acres in 28 states and in onshore basins in the continental United States, including ownership in more than 130,000 gross wells with over 51,000 wells in the Permian Basin. Its properties include the Permian Basin, Mid-Continent, Appalachian, Eagle Ford, Bakken, Terryville/Cotton Valley/Haynesville, and DJ Basin/Rockies/Niobrara. The Permian Basin extends from southeastern New Mexico into West Texas. The Mid-Continent is an area containing fields in Arkansas, Kansas, Louisiana, New Mexico, Oklahoma, Nebraska and Texas and including the Granite Wash, Cleveland, and Mississippi Lime formations. The Appalachian Basin covers most of Pennsylvania, eastern Ohio, West Virginia, western Maryland, eastern Kentucky, central Tennessee, Western Virginia, northwestern Georgia, and northern Alabama. The Eagle Ford shale formation stretches across south Texas.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Kimbell Royalty Partners Increases Quarterly Dividend by 10.8%
- Dividend Increase: Kimbell Royalty Partners has declared a quarterly dividend of $0.41 per share, representing a 10.8% increase from the previous $0.37, indicating ongoing improvements in profitability and cash flow, which enhances investor confidence.
- Yield Advantage: The forward yield of 11.3% not only attracts income-seeking investors but also has the potential to enhance the company's appeal in the capital markets, possibly driving up the stock price.
- Dividend Payment Schedule: The dividend will be payable on May 27, with a record date of May 19 and an ex-dividend date also on May 19, ensuring shareholders receive their returns promptly, thereby strengthening shareholder loyalty.
- Future Growth Signal: Kimbell Royalty Partners reiterated its 75% payout policy while signaling an uptick in activities for 2026, reflecting the company's confidence in future growth and potentially attracting more long-term investors' interest.
See More
Kimbell Royalty Partners Reports Strong Q1 2026 Earnings and Operational Insights
- Strong Q1 Performance: Kimbell Royalty Partners reported first-quarter revenues of $82.9 million and a run rate production of 25,522 BOE per day, exceeding guidance midpoint, demonstrating the resilience of its high-quality, low-decline production base.
- Dividend Increase: The company declared a Q1 2026 distribution of $0.41 per unit, an 11% increase from Q4 2025, reflecting its strategic focus on returning value to unitholders.
- Active Rig Count: With 85 active rigs across its acreage, representing a 16% market share, the company is well-positioned for future development and production growth, particularly in the Permian Basin.
- Share Repurchase Program: During the first quarter, the company repurchased and canceled 500,000 units of common stock for approximately $7.3 million at an average price of $14.60 per unit, showcasing its flexibility in capital allocation and commitment to shareholder returns.
See More
Kimbell (KRP) Q1 2026 Earnings Transcript
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Kimbell Royalty Partners Q1 2026 Financial Results Announcement
- Strong Production Capacity: Kimbell's Q1 2026 run-rate average daily production reached 25,522 Boe/d, exceeding the midpoint of guidance, demonstrating the resilience of its high-quality, low-decline production base, which is expected to enhance market competitiveness.
- Active Rig Count: As of March 31, 2026, Kimbell had 85 active rigs drilling on its acreage, representing 16% of the U.S. land rig market share, indicating the company's strong position and ongoing growth potential in the oil and gas sector.
- Cash Distribution and Tax Advantages: The announced cash distribution of $0.41 per common unit reflects an annualized tax-advantaged yield of 11.2%, with approximately 72% of the distribution expected to be non-taxable, enhancing after-tax returns for unit holders.
- Financial Health: Total revenues for Q1 were $65.5 million, with net income around $6.9 million, and a net debt to adjusted EBITDA ratio of 1.6x, showcasing the company's robust financial management and operational efficiency.
See More
Kimbell Royalty Partners Set to Announce Q1 Earnings on May 7
- Earnings Announcement: Kimbell Royalty Partners is set to release its Q1 2023 earnings on May 7 before market open, with consensus EPS estimates at $0.21 and revenue expectations at $89.78 million, reflecting a 6.6% year-over-year growth.
- Upward EPS Revisions: Over the last three months, KRP's EPS estimates have seen three upward revisions with no downward adjustments, indicating increased analyst confidence in the company's profitability, which could positively impact its stock price.
- Revenue Estimate Adjustments: Similarly, revenue estimates have also experienced three upward revisions without any downward changes, suggesting a bullish outlook from the market regarding KRP's performance among small-cap energy stocks, potentially attracting more investor interest.
- Dividend Stability: Kimbell Royalty Partners projects an average quarterly distribution of $0.47 per unit by 2026, demonstrating the company's ability to maintain fundamental and investment stability amid market volatility, thereby enhancing its appeal as a high-yield investment.
See More
High-Yield Dividend Stocks Attract Investor Attention
- Kimbell Royalty Partners Performance: Kimbell Royalty Partners reported a run-rate daily production of 25,627 Boe/d in Q4 2025, generating $76 million in oil, natural gas, and liquids revenue, with total revenue of $82.5 million reflecting over 23% year-over-year growth, exceeding forecasts by $5.36 million, indicating strong performance in the energy sector.
- Cash Distribution and Dividends: By the end of Q4 2025, Kimbell had $46.84 million available for distribution, supporting a dividend of $0.37 per share, which annualizes to $1.48, yielding 10%, providing investors with a reliable income stream amidst market volatility.
- One Liberty Properties Strategy: One Liberty Properties acquired 13 industrial properties for $188 million in 2025, reflecting its strategic shift towards an industrial-heavy portfolio, which is expected to drive earnings growth and enhance market competitiveness.
- Dividends and Market Expectations: One Liberty's quarterly dividend is set at $0.45 per share, annualizing to $1.80, with a forward yield of 8.2%, and combined with analysts' buy ratings, suggests a potential total return of 33% over the next year.
See More
Kimbell Royalty Partners Increases Quarterly Dividend by 10.8%
- Dividend Increase: Kimbell Royalty Partners has declared a quarterly dividend of $0.41 per share, representing a 10.8% increase from the previous $0.37, indicating ongoing improvements in profitability and cash flow, which enhances investor confidence.
- Yield Advantage: The forward yield of 11.3% not only attracts income-seeking investors but also has the potential to enhance the company's appeal in the capital markets, possibly driving up the stock price.
- Dividend Payment Schedule: The dividend will be payable on May 27, with a record date of May 19 and an ex-dividend date also on May 19, ensuring shareholders receive their returns promptly, thereby strengthening shareholder loyalty.
- Future Growth Signal: Kimbell Royalty Partners reiterated its 75% payout policy while signaling an uptick in activities for 2026, reflecting the company's confidence in future growth and potentially attracting more long-term investors' interest.
See More
Kimbell Royalty Partners Reports Strong Q1 2026 Earnings and Operational Insights
- Strong Q1 Performance: Kimbell Royalty Partners reported first-quarter revenues of $82.9 million and a run rate production of 25,522 BOE per day, exceeding guidance midpoint, demonstrating the resilience of its high-quality, low-decline production base.
- Dividend Increase: The company declared a Q1 2026 distribution of $0.41 per unit, an 11% increase from Q4 2025, reflecting its strategic focus on returning value to unitholders.
- Active Rig Count: With 85 active rigs across its acreage, representing a 16% market share, the company is well-positioned for future development and production growth, particularly in the Permian Basin.
- Share Repurchase Program: During the first quarter, the company repurchased and canceled 500,000 units of common stock for approximately $7.3 million at an average price of $14.60 per unit, showcasing its flexibility in capital allocation and commitment to shareholder returns.
See More
Kimbell (KRP) Q1 2026 Earnings Transcript
See More
Kimbell Royalty Partners Q1 2026 Financial Results Announcement
- Strong Production Capacity: Kimbell's Q1 2026 run-rate average daily production reached 25,522 Boe/d, exceeding the midpoint of guidance, demonstrating the resilience of its high-quality, low-decline production base, which is expected to enhance market competitiveness.
- Active Rig Count: As of March 31, 2026, Kimbell had 85 active rigs drilling on its acreage, representing 16% of the U.S. land rig market share, indicating the company's strong position and ongoing growth potential in the oil and gas sector.
- Cash Distribution and Tax Advantages: The announced cash distribution of $0.41 per common unit reflects an annualized tax-advantaged yield of 11.2%, with approximately 72% of the distribution expected to be non-taxable, enhancing after-tax returns for unit holders.
- Financial Health: Total revenues for Q1 were $65.5 million, with net income around $6.9 million, and a net debt to adjusted EBITDA ratio of 1.6x, showcasing the company's robust financial management and operational efficiency.
See More
Kimbell Royalty Partners Set to Announce Q1 Earnings on May 7
- Earnings Announcement: Kimbell Royalty Partners is set to release its Q1 2023 earnings on May 7 before market open, with consensus EPS estimates at $0.21 and revenue expectations at $89.78 million, reflecting a 6.6% year-over-year growth.
- Upward EPS Revisions: Over the last three months, KRP's EPS estimates have seen three upward revisions with no downward adjustments, indicating increased analyst confidence in the company's profitability, which could positively impact its stock price.
- Revenue Estimate Adjustments: Similarly, revenue estimates have also experienced three upward revisions without any downward changes, suggesting a bullish outlook from the market regarding KRP's performance among small-cap energy stocks, potentially attracting more investor interest.
- Dividend Stability: Kimbell Royalty Partners projects an average quarterly distribution of $0.47 per unit by 2026, demonstrating the company's ability to maintain fundamental and investment stability amid market volatility, thereby enhancing its appeal as a high-yield investment.
See More
High-Yield Dividend Stocks Attract Investor Attention
- Kimbell Royalty Partners Performance: Kimbell Royalty Partners reported a run-rate daily production of 25,627 Boe/d in Q4 2025, generating $76 million in oil, natural gas, and liquids revenue, with total revenue of $82.5 million reflecting over 23% year-over-year growth, exceeding forecasts by $5.36 million, indicating strong performance in the energy sector.
- Cash Distribution and Dividends: By the end of Q4 2025, Kimbell had $46.84 million available for distribution, supporting a dividend of $0.37 per share, which annualizes to $1.48, yielding 10%, providing investors with a reliable income stream amidst market volatility.
- One Liberty Properties Strategy: One Liberty Properties acquired 13 industrial properties for $188 million in 2025, reflecting its strategic shift towards an industrial-heavy portfolio, which is expected to drive earnings growth and enhance market competitiveness.
- Dividends and Market Expectations: One Liberty's quarterly dividend is set at $0.45 per share, annualizing to $1.80, with a forward yield of 8.2%, and combined with analysts' buy ratings, suggests a potential total return of 33% over the next year.
See More
