Kimbell Royalty Partners LP Files 2024 10-K
Ticker: KRP · Form: 10-K · Filed: Feb 27, 2025 · CIK: 1657788
| Field | Detail |
|---|---|
| Company | Kimbell Royalty Partners, LP (KRP) |
| Form Type | 10-K |
| Filed Date | Feb 27, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, annual-report, oil-and-gas
TL;DR
KRP 2024 10-K filed: $809.7M assets, $73.9M liabilities, $14.5M net income. All good.
AI Summary
Kimbell Royalty Partners, LP filed its 2024 10-K on February 27, 2025, reporting financial results for the fiscal year ending December 31, 2024. The company's total assets were $809,696,510 and total liabilities were $73,851,458. Net income attributable to Kimbell Royalty Partners, LP was $14,524,120 for the year.
Why It Matters
This filing provides investors with a comprehensive overview of Kimbell Royalty Partners' financial health and operational performance for the fiscal year 2024, crucial for investment decisions.
Risk Assessment
Risk Level: medium — The filing is a standard annual report and does not contain immediate red flags or significant new risks.
Key Numbers
- $809.7B — Total Assets (Financial position as of December 31, 2024)
- $73.9B — Total Liabilities (Financial position as of December 31, 2024)
- $14.5B — Net Income (Profitability for the fiscal year ended December 31, 2024)
- $20.8B — Net Income Attributable to Partners (Profitability for the fiscal year ended December 31, 2024)
Key Players & Entities
- Kimbell Royalty Partners, LP (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 2025-02-27 (date) — Filing date
- $809,696,510 (dollar_amount) — Total assets
- $73,851,458 (dollar_amount) — Total liabilities
- $14,524,120 (dollar_amount) — Net income
FAQ
What was Kimbell Royalty Partners, LP's total revenue for the fiscal year ended December 31, 2024?
The filing does not explicitly state total revenue in the provided snippet, but it does report net income attributable to partners as $20,847,295.
What is the company's primary business activity?
Kimbell Royalty Partners, LP is engaged in the Crude Petroleum & Natural Gas industry, SIC code 1311.
When was Kimbell Royalty Partners, LP incorporated?
The company is incorporated in Delaware (DE).
What is the company's principal executive office address?
The business address is 777 Taylor St., Suite 810, Fort Worth, TX 76102.
Did Kimbell Royalty Partners, LP engage in any commodity derivative activities in 2024?
Yes, the filing indicates activity related to 'LossGainOnCommodityDerivativeInstrumentsNetMember' for the period 2024-01-01 to 2024-12-31.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 27, 2025 regarding Kimbell Royalty Partners, LP (KRP).