|
Revenue
|
|
$30.3m
|
$70.3m
|
$108.2m
|
$90.5m
|
$135.6m
|
$248.1m
|
$294.1m
|
$309.3m
|
$333.8m
|
|
Operating income
|
|
$2.5m
|
($48.2m)
|
($151.6m)
|
($250.7m)
|
$49.3m
|
$136.9m
|
$109.9m
|
$37.0m
|
$132.8m
|
|
Gain (loss) on commodity derivative instruments, net
|
|
($319k)
|
$3.3m
|
($1.7m)
|
($2.5m)
|
($42.8m)
|
($37.0m)
|
$20.9m
|
($1.3m)
|
$12.1m
|
|
Production and ad valorem taxes
|
|
$2.5m
|
$4.4m
|
$7.7m
|
$6.4m
|
$10.5m
|
$16.2m
|
$20.3m
|
$20.4m
|
$20.4m
|
|
Impairment of oil and natural gas properties
|
|
$0
|
$67.3m
|
$169.2m
|
$251.6m
|
$0
|
$0
|
$18.2m
|
$62.1m
|
$0
|
|
Marketing and other deductions
|
|
$1.6m
|
$4.7m
|
$8.1m
|
$9.4m
|
$12.0m
|
$13.4m
|
$12.6m
|
$16.1m
|
$16.4m
|
|
Loss on extinguishment of debt
|
|
—
|
—
|
—
|
($476k)
|
—
|
—
|
($480k)
|
—
|
—
|
|
Interest earned on marketable securities in trust account
|
|
—
|
—
|
—
|
—
|
—
|
$3.7m
|
$3.5m
|
—
|
—
|
|
Distribution and accretion on Series A preferred units
|
|
—
|
($6.3m)
|
($13.9m)
|
($7.8m)
|
($11.2m)
|
—
|
($6.3m)
|
($21.1m)
|
($34.9m)
|
|
Net (income) loss and distributions and accretion on Series A preferred units attributable to non-controlling interests
|
|
—
|
$1.9m
|
$89.1m
|
$96.6m
|
($8.5m)
|
($18.8m)
|
($16.5m)
|
$1.3m
|
($8.7m)
|
|
Distribution to Class B unitholders
|
|
—
|
($31k)
|
($94k)
|
($92k)
|
($77k)
|
($42k)
|
($89k)
|
($71k)
|
($58k)
|
|
Weighted average number of common units outstanding Basic (in units)
|
|
$16.3m
|
$18.4m
|
$21.2m
|
$34.5m
|
$40.4m
|
$54.1m
|
$66.6m
|
$76.2m
|
$90.8m
|
|
Weighted average number of common units outstanding Diluted (in units)
|
|
$16.5m
|
$18.4m
|
$21.2m
|
$34.5m
|
$61.0m
|
$65.8m
|
$93.1m
|
$116.0m
|
$121.3m
|
|
Net income before income taxes
|
|
$1.7m
|
($52.3m)
|
($157.3m)
|
($257.0m)
|
$42.5m
|
$133.5m
|
$86.8m
|
$10.3m
|
$98.3m
|
|
Net income
|
|
$1.7m
|
($52.3m)
|
($158.2m)
|
($256.1m)
|
$42.4m
|
$130.8m
|
$83.0m
|
$11.1m
|
$99.7m
|
|
Net income (loss) attributable to common units of Kimbell Royalty Partners, LP
|
|
$1.7m
|
($56.8m)
|
($83.0m)
|
($167.4m)
|
$22.6m
|
$111.9m
|
$60.1m
|
($8.8m)
|
$56.0m
|
|
Net income per unit attributable to common units Kimbell Royalty Partners, LP (basic) (in dollar per share)
|
|
$0
|
($3)
|
($4)
|
($5)
|
$1
|
$2
|
$1
|
($0)
|
$1
|
|
Depreciation and depletion expense
|
|
$15.5m
|
$25.2m
|
$52.1m
|
$48.0m
|
$36.8m
|
$50.1m
|
$96.5m
|
$135.1m
|
$124.6m
|
|
General and administrative expense
|
|
$8.2m
|
$16.8m
|
$22.7m
|
$25.9m
|
$27.0m
|
$29.1m
|
$35.7m
|
$38.5m
|
$39.7m
|
|
General and administrative expense consolidated variable interest entities
|
|
—
|
—
|
—
|
—
|
—
|
$2.3m
|
$928k
|
—
|
—
|
|
Interest expense
|
|
($791k)
|
($4.1m)
|
($5.8m)
|
($6.4m)
|
($9.2m)
|
($13.8m)
|
($26.0m)
|
($26.7m)
|
($34.5m)
|
|
Other expense
|
|
—
|
—
|
—
|
($100k)
|
$1.3m
|
$4.0m
|
($181k)
|
—
|
($12k)
|
|
Income tax (benefit) expense
|
|
—
|
$25k
|
$899k
|
($885k)
|
$74k
|
$2.7m
|
$3.8m
|
($771k)
|
($1.3m)
|
|
Total costs and expenses
|
|
$27.8m
|
$118.4m
|
$259.8m
|
$341.2m
|
$86.3m
|
$111.1m
|
$184.2m
|
$272.3m
|
$201.0m
|