Kimbell Royalty Partners (KRP) Operating Expenses (2016 - 2026)
Kimbell Royalty Partners (KRP) posted Operating Expenses of $52.8 million for Q2 2026, up 8.3% from $48.76 million a year earlier and up 6.1% from the prior quarter.
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Analysis
Kimbell Royalty Partners (KRP) Operating Expenses (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Kimbell Royalty Partners was $204.15 million, down 19.7% year-over-year; for FY2025, it was $201 million, down 26.2% from FY2024.
- Annual Operating Expenses shows a five-year compound annual growth rate of -10.0% (FY2020 to FY2025).
- In prior years, Kimbell Royalty Partners' Operating Expenses was $272.31 million in FY2024 (+47.8%), $184.19 million in FY2023 (+65.7%), $111.14 million in FY2022 (+28.8%) and $86.3 million in FY2021 (-74.7%).
- The Q2 2026 figure stands as the highest quarterly Operating Expenses since Q4 2024.
- On a year-over-year basis, Operating Expenses increased in four of the last eight quarters, with an average decline of 0.9%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q4 2023, with growth of 143.5%; the weakest was Q4 2021, with a decline of 79.2%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $49.75 million (Q1 2026), $49.84 million (Q4 2025) and $51.77 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 3.19 Bn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 53.37 Bn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | 46.44 Bn |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 2.43 Bn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | -22.18 Bn |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 47.07 Bn |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 114.95 Mn |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 17.00 Mn |
| 10 | Kimbell Royalty Partners | 1.46 Bn | 1.29 Bn | - | 52.80 Mn |
Historic Data
Download Data
Historic 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 |
API Access
Kimbell Royalty Partners Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=KRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "KRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=KRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();