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KRP Kimbell Royalty Partners

Kimbell is a leading oil and natural gas mineral and royalty company based in Fort Worth, Texas. Kimbell owns mineral and royalty interests in over 13 million gross acres in 28 states and in every major onshore basin in the continental United States, including ownership in more than 97,000 gross wells with over 41,000 wells in the Permian Basin.

Company profile

Ticker
KRP
Exchange
CEO
Robert Ravnaas
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Subsidiaries
Cirrus Minerals, LLC • Haymaker Greenfield, LLC • Haymaker Holding Company, LLC • Haymaker Properties GP, LLC • Haymaker Properties, LP • Hochstetter, L.P. • Kimbell Intermediate GP, LLC • Kimbell Intermediate Holdings, LLC • Kimbell Merger Sub, LLC • Kimbell Royalty Holdings, LLC ...
IRS number
475505475

KRP stock data

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Calendar

5 Aug 21
17 Oct 21
31 Dec 21
Quarter (USD)
Jun 21 Mar 21 Dec 20 Sep 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 12.96M 12.96M 12.96M 12.96M 12.96M 12.96M
Cash burn (monthly) (positive/no burn) (positive/no burn) (positive/no burn) 9.4M (positive/no burn) (positive/no burn)
Cash used (since last report) n/a n/a n/a 33.83M n/a n/a
Cash remaining n/a n/a n/a -20.87M n/a n/a
Runway (months of cash) n/a n/a n/a -2.2 n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
12 Jul 21 KKR Group Partnership Common units representing limited partner interests Sell Dispose S Yes No 12.2 63,906 779.65K 202,170
12 Jul 21 KKR Group Partnership Common units representing limited partner interests Sell Dispose S Yes No 12.2 936,094 11.42M 2,961,389
12 Jul 21 KKR Upstream Associates Common units representing limited partner interests Sell Dispose S Yes No 12.2 63,906 779.65K 202,170
12 Jul 21 KKR Upstream Associates Common units representing limited partner interests Sell Dispose S Yes No 12.2 936,094 11.42M 2,961,389
26 May 21 Blayne Rhynsburger Common units representing limited partner interests Sell Dispose S No No 12.832 3,233 41.49K 40,503
2 Apr 21 Peter Alcorn Common units representing limited partner interests Payment of exercise Dispose F No No 10.2 266 2.71K 47,436
2 Apr 21 Robert Davis Ravnaas Common units representing limited partner interests Payment of exercise Dispose F No No 10.2 5,042 51.43K 496,097

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

46.3% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 79 65 +21.5%
Opened positions 22 15 +46.7%
Closed positions 8 5 +60.0%
Increased positions 18 18
Reduced positions 18 12 +50.0%
13F shares
Current Prev Q Change
Total value 232.98M 180.85M +28.8%
Total shares 19.87M 18.88M +5.2%
Total puts 486.5K 324.6K +49.9%
Total calls 361.8K 157.1K +130.3%
Total put/call ratio 1.3 2.1 -34.9%
Largest owners
Shares Value Change
Kohlberg Kravis Roberts & Co. 4.16M $53.5M 0.0%
NGP XI Mineral 2.91M $23.02M 0.0%
G.F.W. Energy XI 2.81M $36.16M +9.0%
TROW T. Rowe Price 2.2M $28.31M -8.6%
SEP I 1.86M $14.69M 0.0%
Yorktown Energy Partners X 906.99K $11.66M 0.0%
Mill Road Capital Management 552.72K $7.1M +43.7%
Nokomis Capital, L.L.C. 394.68K $5.07M 0.0%
MS Morgan Stanley 353.84K $4.55M +96.7%
Raymond James & Associates 332.06K $4.27M +8.8%
Largest transactions
Shares Bought/sold Change
G.F.W. Energy XI 2.81M +233.22K +9.0%
TROW T. Rowe Price 2.2M -208.63K -8.6%
MS Morgan Stanley 353.84K +173.98K +96.7%
Mill Road Capital Management 552.72K +168.12K +43.7%
HITE Hedge Asset Management 185.21K -156K -45.7%
Renaissance Technologies 308.53K +143.05K +86.4%
Group One Trading 206.77K +135.51K +190.1%
Marshall Wace 111.26K +111.26K NEW
TSP Capital Management 0 -106.62K EXIT
Board of Trustees of The Leland Stanford Junior University 11.64K -100K -89.6%

Financial report summary

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Management Discussion
  • The table below summarizes our revenue and expenses and production data for the periods indicated (unaudited).
  • For the three months ended June 30, 2021, our oil, natural gas and NGL revenues were $38.8 million, an increase of $22.0 million from $16.8 million for the three months ended June 30, 2020. The increase in oil, natural gas and NGL revenues was directly related to the increase in the average prices we received for oil, natural gas and NGL production for the three months ended June 30, 2021 as discussed below.
  • Our revenues are a function of oil, natural gas, and NGL production volumes sold and average prices received for those volumes. The production volumes were 1,309,719 Boe or 14,393 Boe/d, for the three months ended June 30, 2021, an increase of 49,100 Boe or 139 Boe/d, from 1,260,619 Boe or 14,254 Boe/d, for the three months ended June 30,
Content analysis
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. senior Avg
New words: advisor, attention, began, consult, deferred, devote, disagree, distracting, extensive, fact, favorable, guidance, heightened, matter, necessitate, necessitating, newly, prescribed, proposed, regular, relied, revisited, SPAC, spite, sponsor, suitable, TGR, Tiger, timeframe, timeline, underwriter, unsuccessful
Removed: assist, ceased, curtailment, finalized, independent, involved, notice, resumed, Shale, technical, uncertain