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Kimbell Royalty Partners Lp (KRP)
NYSE:KRP
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.1Last Year’s EPS
0.11Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: 13.51%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Positive
The earnings call showcased a strong financial performance with record achievements and strategic moves to bolster the company's position, such as an accretive acquisition and increased borrowing capacity. However, challenges in the natural gas M&A market and the potential impact of commodity price volatility were noted. Overall, the call reflected a positive outlook despite some market uncertainties.Company Guidance
During the Kimbell Royalty Partners First Quarter Earnings Conference Call for fiscal year 2025, management provided several key metrics and guidance updates. The company reported record revenues from oil, natural gas, and NGLs, as well as record consolidated adjusted EBITDA and cash available for distribution. A significant milestone was the completion of an accretive acquisition in the Permian Basin on January 17, 2025. The company also increased its borrowing base from $550 million to $625 million and redeemed 50% of its Series A cumulative convertible preferred units, simplifying its capital structure and reducing its cost of capital. Kimbell maintained robust operational activity with 90 rigs actively drilling, representing a 16% market share in the Lower 48, and projected resilience in production with a low five-year annual average PDP decline rate of 14%. The company declared a first-quarter distribution of 47¢ per common unit, a 17.5% increase from the previous quarter, with approximately 70% expected to be considered a return of capital. Looking forward, Kimbell reaffirmed its 2025 guidance and expressed confidence in its role as a consolidator in the US oil and natural gas royalty sector, aiming to enhance long-term unitholder value.Record First Quarter Achievements
Kimbell Royalty Partners reported a record first quarter with milestones in oil, natural gas, and NGL revenues, consolidated adjusted EBITDA, and cash available for distribution.
Accretive Acquisition in Permian Basin
Completed a highly attractive and accretive acquisition in the core of the Permian Basin, contributing to increased production and financial stability.
Increase in Borrowing Base
Increased the company's borrowing base and elected commitments on the credit facility from $550 million to $625 million.
Distribution Increase
Declared a first quarter distribution of $0.47 per common unit, an increase of 17.5% from the fourth quarter of 2024.
Strong Drilling Activity
Maintained 90 rigs actively drilling on acreage, representing a 16% market share in the Lower 48.
Permitting Success
Permitted 17 additional wells on a long-held property in Martin County, Texas, showcasing the strength of the asset portfolio.
Conservative Balance Sheet Management
Maintained a net debt to trailing twelve-month consolidated adjusted EBITDA of approximately 0.9 times, with significant undrawn capacity available.
Affirmation of Financial Guidance
Reaffirmed financial and guidance ranges for 2025, expressing confidence in continued development and growth.
KRP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KRP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | $11.47 | $12.34 | +7.59% |
Feb 27, 2025 | $14.66 | $14.15 | -3.48% |
Nov 07, 2024 | $14.97 | $15.38 | +2.74% |
Aug 01, 2024 | $14.67 | $14.21 | -3.14% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Kimbell Royalty Partners Lp (KRP) report earnings?
Kimbell Royalty Partners Lp (KRP) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Kimbell Royalty Partners Lp (KRP) earnings time?
Kimbell Royalty Partners Lp (KRP) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KRP EPS forecast?
KRP EPS forecast for the fiscal quarter 2025 (Q2) is 0.1.