Kimbell Royalty Partners, LP (KRP)

Kimbell Royalty Partners, LP and its subsidiaries buy and manage mineral and royalty interests in oil and natural gas properties across the United States. As of December 31, 2021, it held mineral and royalty interests on about 11.4 million gross acres and overriding royalty interests on about 4.7 million gross acres. These holdings span 28 states and include interests in about 122,000 gross wells, around 46,000 of them in the Permian Basin.

The partnership was formed in 2013 and is based in Fort Worth, Texas, a center of energy activity. It uses its experience in acquiring mineral and royalty interests to look for new opportunities in the energy sector, with the aim of growing and generating returns for its stakeholders.

Its stated approach is careful investment and sound operations, with a focus on unitholder value and a strong financial position as it expands in the mineral and royalty market.