Kimbell Royalty Partners (KRP) Operating Expenses (2016 - 2026)
Kimbell Royalty Partners (KRP) posted quarterly Operating Expenses of $49.7 million for Q1 2026, down 1.75% year-over-year from $50.6 million in Q1 2025, and little changed quarter-over-quarter from $49.8 million in Q4 2025.
Kimbell Royalty Partners (KRP) Operating Expenses (2016 - 2026) Analysis & Trends
Kimbell Royalty Partners' Operating Expenses history runs 11 years deep, the most recent figure standing at $49.7 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 1.75% year-over-year to $49.7 million; the TTM figure through Mar 2026 stood at $200.1 million (down 22.52% YoY), while the FY2025 annual figure was $201.0 million, down 26.19% from the prior year.
- Operating Expenses for Q1 2026 stood at $49.7 million, roughly flat from $49.8 million in the prior quarter.
- The five-year high for Operating Expenses was $105.4 million in Q4 2024, with the low at $25.6 million in Q1 2022.
- The 5-year median for Operating Expenses is $49.6 million (2024), against an average of $48.1 million.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses surged 143.51% in 2023, then tumbled 52.71% in 2025.
- Kimbell Royalty Partners' Operating Expenses stood at $29.8 million in 2022, then soared by 143.51% to $72.6 million in 2023, then surged by 45.2% to $105.4 million in 2024, then sank by 52.71% to $49.8 million in 2025, then decreased by 0.18% to $49.7 million in 2026.
- Business Quant data shows KRP's Operating Expenses at $49.7 million in Q1 2026, $49.8 million in Q4 2025, and $51.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 2.43 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 114.95 Mn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 5.09 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 3.05 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 5.03 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 4.55 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 54.24 Mn |
| 10 | Kimbell Royalty Partners | 9.16 Mn | -35.77 Mn | - | 52.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 52.80 Mn |
| Mar 31, 2026 | 49.75 Mn |
| Dec 31, 2025 | 49.84 Mn |
| Sep 30, 2025 | 51.77 Mn |
| Jun 30, 2025 | 48.76 Mn |
| Mar 31, 2025 | 50.63 Mn |
| Dec 31, 2024 | 105.38 Mn |
| Sep 30, 2024 | 49.58 Mn |
| Jun 30, 2024 | 52.68 Mn |
| Mar 31, 2024 | 64.67 Mn |
| Dec 31, 2023 | 72.58 Mn |
| Sep 30, 2023 | 41.91 Mn |
| Jun 30, 2023 | 36.11 Mn |
| Mar 31, 2023 | 33.59 Mn |
| Dec 31, 2022 | 29.80 Mn |
| Sep 30, 2022 | 26.92 Mn |
| Jun 30, 2022 | 28.80 Mn |
| Mar 31, 2022 | 25.62 Mn |
| Dec 31, 2021 | 24.04 Mn |
| Sep 30, 2021 | 21.70 Mn |