Kimbell Royalty Partners, LP (KRP) Misses Q3 EPS by 4c, Revs Beat

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Go back to Kimbell Royalty Partners, LP (KRP) Misses Q3 EPS by 4c, Revs Beat

Kimbell Royalty Partners Announces Third Quarter 2017 Results; Completes Additional Accretive Acquisitions

November 9, 2017 6:32 AM EST

FORT WORTH, Texas, Nov. 9, 2017 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell Royalty Partners" or "Kimbell"), a leading owner of oil and natural gas mineral and royalty interests across 20 states, today announced financial and operating results for the third quarter ended Sept. 30, 2017.

Third Quarter Highlights

Revenue of $8.4 million, up 8% from Q2 Net income of $119,000, down 53% from Q2 Adjusted EBITDA of $5.3 million, up 12% from Q2 Production of 108,692 Bbls of oil, 888,694 Mcf of natural gas and 46,493 Bbls of natural gas liquids... More