KRP Q1 2024 Earnings — Kimbell Royalty Partners, LP Revenue & Financial Results | Market Cap Arena

KRPKimbell Royalty Partners, LP

$2B

Q1 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$88M+52.0% YoY

Gross Profit

$43M49.2% margin

Operating Income

$18M20.0% margin

Net Income

$8M9.6% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

+4.0%

Cash Flow

Operating Cash Flow

$69M

Free Cash Flow

$69M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$301M

Stockholders' Equity

$956M

Cash & Equivalents

$40M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$88M	$58M	+52.0%
Gross Profit	$43M	$36M	+20.1%
Operating Income	$18M	$33M	-47.3%
Net Income	$8M	$23M	-63.9%

Revenue Segments

Oil, natural gas and NGL revenues

$87M100%

Lease bonus and other income

$438,7960%