Kimbell Royalty Reports Strong Q4 2025 Results

By Chris Stiles • Thursday, February 26 12:42 • Permanent Link

Kimbell Royalty Partners, LP has reported its fourth quarter and full year 2025 results, highlighting various key metrics. In the fourth quarter of 2025, the company achieved a run-rate daily production of 25,627 barrels of oil equivalent per day (boe/d), marking an increase from the previous quarter. The oil, natural gas, and NGL revenues for Q4 2025 were reported at $76.0 million. The company's net income stood at $24.8 million with a consolidated adjusted EBITDA of $64.8 million during the same period.

The proved developed reserves increased by approximately 8% year-over-year to nearly 73 million boe. Additionally, Kimbell announced a cash distribution of $0.37 per common unit for Q4 2025, representing a 6% increase from the previous quarter.

In terms of its financial position, Kimbell reported approximately $441.5 million in outstanding debt under its secured revolving credit facility as of December 31, 2025. The company's net debt to fourth quarter 2025 trailing twelve month consolidated adjusted EBITDA was approximately 1.5x, and it was in compliance with all financial covenants under its secured revolving credit facility.

Regarding operational updates, Kimbell had 900 gross (4.66 net) drilled but uncompleted wells (DUCs) and 628 gross (2.43 net) permitted locations on its acreage as of December 31, 2025. The company also had 85 rigs actively drilling on its acreage, representing approximately 16.1% market share of all land rigs drilling in the continental United States at that time.

The chairman and CEO of Kimbell Royalty GP, LLC, Robert Ravnaas, expressed satisfaction with the company's performance in 2025, highlighting the growth in production and the stability of its production base. Kimbell also initiated its 2026 operational guidance, maintaining its production guidance range unchanged from 2025, indicating confidence in the company's ongoing development, diversity, and stability of its production base.

Following these announcements, the company's shares moved -2.41%, and are now trading at a price of $12.16. For more information, read the company's full 8-K submission here.

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