Kimbell Royalty Partners, LP Overview
Pro stress-test →Kimbell Royalty Partners owns and acquires mineral and royalty interests in oil and natural gas properties across the United States, founded in 1998 and based in Fort Worth, Texas. The company's portfolio includes over 17 million gross acres in 28 states with ownership in more than 131,000 gross wells.
Strategic Profile
Pro stress-test →The company operates on a non-operating business model, allowing them to provide consistent, tax-advantaged cash distributions while mitigating direct operational risks and capital expenditures. Kimbell stands out for revenue stability, robust cash flow, and a high-margin, acquisition-driven business model in a volatile energy market.
Competitive Landscape
Pro stress-test →KRP competes with other mineral and royalty companies like Black Stone Minerals, Dorchester Minerals, and Viper Energy. Unlike traditional upstream operators, Kimbell's non-operating royalty model provides structural advantages including lower execution risk, higher margins, and superior cash returns relative to traditional E&P companies.
Industry Context
Kimbell Royalty Partners, LP operates in Oil and Gas Minerals & Royalties.
Key facts
Founded: 1998 · Headquarters: Fort Worth, Texas, US