Kimbell Royalty Partners Q2 adjusted EBITDA misses analyst expectations

Kimbell Royalty Partners, LP

07/08/2025 12:32

Overview

Kimbell Q2 revenue at $86.5 mln

Adjusted EBITDA of $63.8 mln missed analyst expectations, per LSEG data

Company maintains 17% market share with 88 active rigs in U.S.

Outlook

Kimbell affirms 2025 financial and operational guidance ranges

Company highlights strong rig activity despite U.S. land rig count drop

Company plans to use 25% of cash for debt repayment

Result Drivers

ACTIVE RIGS - Kimbell maintains strong drilling activity with 88 active rigs, representing 17% of U.S. land rig market share

PERMIAN BASIN - Increased rig count in Permian Basin contributes to 9% rise in net DUCs, supporting production resilience

CASH G&A - Cash G&A per BOE below guidance, indicating operational discipline and positive leverage

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$86.55 mln
Q2 EPS
$0.02
Q2 Net Income
$26.67 mln
Q2 Adjusted EBITDA
Miss
$63.84 mln
$66.40 mln (6 Analysts)
Q2 EBITDA
$68.24 mln
Q2 Operating Income
$37.79 mln
Q2 Pretax Profit
$28.84 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the integrated oil & gas peer group is "buy"

Wall Street's median 12-month price target for Kimbell Royalty Partners LP is $17.50, about 15.5% above its August 6 closing price of $14.79

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 24 three months ago

Press Release: ID:nPn8tYHSTa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)