earnings
confidence high
sentiment positive
materiality 0.70
Kimbell Royalty Partners Q1 2026: run-rate production 25,522 Boe/d, Adj. EBITDA $68M, distribution $0.41/unit
Kimbell Royalty Partners, LP
- Q1 run-rate daily production 25,522 Boe/d; oil/gas/NGL revenues $82.9M; total revenues $65.5M.
- Net income $6.9M ($4.0M to common units, $0.04/unit). Adjusted EBITDA $68.0M.
- Cash distribution $0.41/unit, payable May 27 to holders of record May 19; ~72% expected return of capital; 11.2% annualized yield.
- Repurchased 500k common units for $7.3M (avg $14.60/unit); used remaining 25% of cash available to repay ~$14.5M debt.
- Cash G&A per BOE $2.31, below low-end guidance; 2026 financial & operational guidance reaffirmed.