Name | Value |
---|---|
Revenues | 71.8M |
Cost of Revenue | 28.0M |
Gross Profit | 43.7M |
Operating Expense | 13.9M |
Operating I/L | 25.3M |
Other Income/Expense | -4.6M |
Interest Income | 6.7M |
Pretax | 18.6M |
Income Tax Expense | 0.1M |
Net Income/Loss | 14.6M |
Kimbell Royalty Partners, LP acquires and owns mineral and royalty interests in oil and natural gas properties across 28 states in the United States. With ownership in approximately 122,000 gross wells, including a significant presence in the Permian Basin, the company generates revenue through the acquisition and management of these interests. As of December 31, 2021, it held mineral and royalty interests in approximately 11.4 million gross acres and overriding royalty interests in approximately 4.7 million gross acres, positioning itself as a key player in the energy sector.