Kimbell Royalty Partners (KRP) Operating Expenses (2016 - 2026)

Kimbell Royalty Partners (KRP) recorded quarterly Operating Expenses of $49.7 million in Q1 2026, little changed quarter-over-quarter from $49.8 million in Q4 2025, and down 1.75% on a YoY basis from $50.6 million in Q1 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 was $49.7 million for Q1 2026 at Kimbell Royalty Partners, roughly flat from $49.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $105.4 million in Q4 2024 to a low of $25.6 million in Q1 2022.
  • Historically, Operating Expenses has averaged $48.1 million across 5 years, with a median of $49.6 million in 2024.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses soared 143.51% in 2023, then plunged 52.71% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $29.8 million in 2022, then jumped by 143.51% to $72.6 million in 2023, then soared by 45.2% to $105.4 million in 2024, then slumped by 52.71% to $49.8 million in 2025, then slipped by 0.18% to $49.7 million in 2026.
  • The last three Operating Expenses figures came in at $49.7 million (Q1 2026), $49.8 million (Q4 2025), and $51.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 1.04 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 2.28 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 4.32 Bn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 1.12 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 4.12 Bn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -52.32 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 54.87 Mn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 103.33 Mn
10 Kimbell Royalty Partners 1.43 Bn 1.39 Bn 60.38 Mn 49.75 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 20.14 Mn