Kimbell Royalty Partners, LP (KRP) Misses Q1 EPS by 21c, Revenues Miss

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Kimbell Royalty Partners Announces First Quarter 2019 Results

May 9, 2019 7:00 AM EDT

FORT WORTH, Texas, May 9, 2019 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell Royalty Partners" or "Kimbell"), a leading owner of oil and natural gas mineral and royalty interests in over 92,000 gross producing wells across 28 states, today announced financial and operating results for the first quarter ended March 31, 2019.  Q1 2019 revenue, consolidated net loss and consolidated adjusted EBITDA shown below only reflect seven days of production and operating activities from the Phillips assets.

First Quarter 2019 Highlights

Q1 2019 distribution of $0.37 per common unit; implies an annualized yield of 9.1%... More