Oil Revenue was Kimbell Royalty Partners’s largest product and service line in fiscal 2024, bringing in $215.54M of $310.65M (69%).
| Product and Service | FY 2016 | FY 2017 | FY 2019 | FY 2021 | FY 2024 |
|---|---|---|---|---|---|
| Oil Revenue | $87.15M | $215.54M | |||
| Natural Gas Revenue | $66.98M | $50.16M | |||
| Oil, Natural Gas & Ngl Revenues | — | — | |||
| Ngl Revenue | $20.96M | $38.91M | |||
| Lease Bonus & Other Income | — | $6.05M | |||
| Total | $175.09M | $310.65M |
Kimbell Royalty Partners brought in $310.65M from its four product and service lines in fiscal 2024, the year ended December 31, 2024. Kimbell Royalty Partners regrouped these lines after fiscal 2021, so the total does not compare directly with that year's $175.09M. Oil Revenue was the largest at $215.54M (69.4%), ahead of Natural Gas Revenue at $50.16M (16.1%) and Ngl Revenue at $38.91M (12.5%). The remaining line, Lease Bonus & Other Income, brought in $6.05M.
Compared with fiscal 2021, the previous year with figures, Oil Revenue grew fastest, up 147.3% to $215.54M, while Natural Gas Revenue fell the most, down 25.1% to $50.16M.
Kimbell Royalty Partners (KRP) reports its revenue by product and service. In fiscal 2024, Oil Revenue was its largest product and service line, bringing in $215.54M (69.4% of the total), followed by Natural Gas Revenue at $50.16M (16.1%).
Oil Revenue was Kimbell Royalty Partners' largest product and service line in fiscal 2024, bringing in $215.54M, or 69.4% of the $310.65M total across its four product and service lines.
Every figure comes from Kimbell Royalty Partners' annual financial filings, as reported. Each line keeps the name Kimbell Royalty Partners gives it, and years follow its fiscal calendar.
Kimbell Royalty Partners' revenue by product and service goes back to fiscal 2016, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.