Kimbell Royalty Partners, LP (KRP) Stock

Kimbell Royalty Partners, LP, along with its subsidiaries, specializes in the acquisition and management of mineral and royalty interests across oil and natural gas properties throughout the United States. As of December 31, 2021, the company boasted ownership of mineral and royalty interests spanning approximately 11.4 million gross acres, alongside overriding royalty interests in about 4.7 million gross acres. These extensive interests are distributed across 28 states, encompassing a diverse portfolio that includes stakes in approximately 122,000 gross wells, with a significant presence of around 46,000 wells located in the prolific Permian Basin.

Functioning as the general partner of the entity, Kimbell Royalty Partners, LP, was established in 2013 with its headquarters situated in Fort Worth, Texas. The company's strategic location in a hub of energy activity facilitates efficient oversight and management of its expansive portfolio. Leveraging its expertise in mineral and royalty acquisition, Kimbell Royalty Partners, LP, continues to identify and capitalize on opportunities within the dynamic energy sector, supporting sustainable growth and maximizing returns for its stakeholders.

Driven by a commitment to prudent investment strategies and operational excellence, Kimbell Royalty Partners, LP, remains dedicated to expanding its footprint in the mineral and royalty space. With a focus on enhancing shareholder value and maintaining a strong financial position, the company remains poised to navigate market fluctuations and capitalize on emerging opportunities in the American energy landscape.