Earnings ·
Kimbell Royalty Partners, LP reported record second quarter 2026 financial and operating results, including oil…
KRPKimbell Royalty Partners, LP
Kimbell Royalty Partners, LP reported record second quarter 2026 financial and operating results, including oil, natural gas, and NGL revenues of $103.0 million, net income attributable to common units of approximately $38.4 million, and consolidated Adjusted EBITDA of $84.9 million. Average daily production reached a record 25,830 Boe/d (6:1), with run-rate production at 26,967 Boe/d following the June 22 acquisition of Mesa Royalties for $145.9 million. The company announced a Q2 cash distribution of $0.47 per common unit, a 15% increase from Q1, payable on August 24 to holders of record as of August 17. Additionally, the borrowing base on its secured revolving credit facility was increased to $660 million, and the company repurchased 500,000 units for approximately $7.4 million. Kimbell Royalty Partners is a leading owner of oil and natural gas mineral and royalty interests.