Kimbell Royalty Partners, LP (KRP) Misses Q1 EPS by 8c
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Kimbell Royalty Partners Announces First Quarter 2017 Preliminary Financial and Operating Results
May 8, 2017 7:30 AM EDTFORT WORTH, Texas, May 8, 2017 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP), a leading owner of oil and natural gas mineral and royalty interests across 20 states, today announced preliminary results for the first quarter ended March 31, 2017. The following results reflect the period from the date of closing of our initial public offering on February 8, 2017 through March 31, 2017. Highlights include:
Revenue of $5.2 million Net income of $651,000 Earnings per common unit of $0.04 Adjusted EBITDA of $3.5 million Production of 67,371 barrels of oil, 545,794 Mcf of natural gas and 23,355... More