Kimbell Royalty Partners, LP Common Units (KRP) Q1 2025 Earnings Call Transcript

Kimbell Royalty Partners, LP Common Units (NYSE:KRP) Q1 2025 Earnings Conference Call May 8, 2025 11:00 AM ET

Company Participants

Rick Black – Investor Relations
Bob Ravnaas – Chairman & Chief Executive Officer
Davis Ravnaas – President & Chief Financial Officer
Matt Daly – Chief Operating Officer

Conference Call Participants

Tim Rezvan – KeyBanc Capital Markets
John Annis – Texas Capital
Paul Diamond – Citibank
Noah Hungness – Bank of America

Operator

Greetings, and welcome to the Kimbell Royalty Partners First Quarter Earnings Conference Call. At this time all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce to you, Rick Black, with Investor Relations. Thank you, Rick. You may begin.

Rick Black

Thank you, operator, and good morning, everyone. Welcome to the Kimbell Royalty Partners conference call review financial and operational results for the first quarter of 2025, which ended on March 31, 2025. This call is also being webcast and will be accessed through the audio link on Events & Presentations page of the IR section of kimbellrp.com.

Information recorded on this call speaks only as of today, which is May 8, 2025. So please be advised that any time-sensitive information may no longer be accurate at the date of any replay listening or transcript reading. I would also like to remind you that the statements made in today’s discussion that are not historical facts, including statements of expectations or future events or future financial performance, those are considered forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

We will be making forward-looking statements as part of today’s call, which by their nature, are uncertain and outside of the