earnings
confidence high
sentiment negative
materiality 0.80
Kimbell Q4 net loss $39.3M on $56.2M impairment; production exceeds 25,000 Boe/d with acquisition
Kimbell Royalty Partners, LP
- Q4 2024 run-rate production 24,082 Boe/d; including acquired production 25,946 Boe/d (6:1).
- Net loss $39.3M, net loss attributable to common units $37.8M ($0.48/unit); impairment of $56.2M.
- Consolidated Adjusted EBITDA $59.8M; net debt to trailing 12-month EBITDA 0.8x.
- Q4 cash distribution $0.40/unit (75% payout), payable March 25, 2025; implies 10.2% annualized yield.
- Initiates 2025 guidance: mid-point 25,500 Boe/d, range 24,000–27,000 Boe/d.