10-Q Filing

KIMBELL ROYALTY PARTNERS, LP CIK: 1657788 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001558370-23-012934`
Period End Date	20230630
Filing Date	20230802
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	krp-20230630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 94 Cash Flow Statement 83 Stockholders Equity 49

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Oil and natural gas properties excluded from depletion	`UnprovedOilAndGasPropertyFullCostMethodGross`	$207.70M	USD	Point-in-time
Oil and natural gas properties excluded from depletion	`UnprovedOilAndGasPropertyFullCostMethodGross`	$125.60M	USD	Point-in-time
Common units, issued (in units)	`LimitedPartnersCapitalAccountUnitsIssued`	65.51M	shares	Point-in-time
Common units, issued (in units)	`LimitedPartnersCapitalAccountUnitsIssued`	64.23M	shares	Point-in-time
Common units, outstanding (in units)	`LimitedPartnersCapitalAccountUnitsOutstanding`	64.23M	shares	Point-in-time
Common units, outstanding (in units)	`LimitedPartnersCapitalAccountUnitsOutstanding`	65.51M	shares	Point-in-time
Class B units, issued (in units)	`LimitedPartnersClassBCapitalAccountUnitsIssued`	15.48M	shares	Point-in-time
Class B units, issued (in units)	`LimitedPartnersClassBCapitalAccountUnitsIssued`	20.85M	shares	Point-in-time
Class B units, outstanding (in units)	`LimitedPartnersClassBCapitalAccountUnitsOutstanding`	20.85M	shares	Point-in-time
Class B units, outstanding (in units)	`LimitedPartnersClassBCapitalAccountUnitsOutstanding`	15.48M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.78M	USD	Point-in-time
Oil, natural gas and NGL receivables	`OilAndGasBillingReceivables`	$46.99M	USD	Point-in-time
Oil, natural gas and NGL receivables	`OilAndGasBillingReceivables`	$45.01M	USD	Point-in-time
Derivative assets	`CommodityContractAssetCurrent`	$1.79M	USD	Point-in-time
Accounts receivable and other current assets	`AccountsReceivableNetCurrentAndOtherAssetsCurrent`	$3.14M	USD	Point-in-time
Accounts receivable and other current assets	`AccountsReceivableNetCurrentAndOtherAssetsCurrent`	$3.56M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$75.19M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$70.72M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$771.87K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$953.78K	USD	Point-in-time
Oil and natural gas properties, using full cost method of accounting ($125,601,085 and $207,695,343 excluded from depletion at June 30, 2023 and December 31, 2022, respectively)	`OilAndGasPropertyFullCostMethodGross`	$1.60B	USD	Point-in-time
Oil and natural gas properties, using full cost method of accounting ($125,601,085 and $207,695,343 excluded from depletion at June 30, 2023 and December 31, 2022, respectively)	`OilAndGasPropertyFullCostMethodGross`	$1.47B	USD	Point-in-time
Less: accumulated depreciation, depletion and impairment	`OilAndGasPropertyFullCostMethodDepletion`	$749.75M	USD	Point-in-time
Less: accumulated depreciation, depletion and impairment	`OilAndGasPropertyFullCostMethodDepletion`	$712.72M	USD	Point-in-time
Total oil and natural gas properties, net	`OilAndGasPropertyFullCostMethodNet`	$852.45M	USD	Point-in-time
Total oil and natural gas properties, net	`OilAndGasPropertyFullCostMethodNet`	$753.27M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$2.53M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$2.36M	USD	Point-in-time
Derivative assets	`CommodityContractAssetNoncurrent`	$1.58M	USD	Point-in-time
Derivative assets	`CommodityContractAssetNoncurrent`	$754.79K	USD	Point-in-time
Loan origination costs, net	`DeferredFinanceCostsNoncurrentNet`	$3.00M	USD	Point-in-time
Loan origination costs, net	`DeferredFinanceCostsNoncurrentNet`	$6.31M	USD	Point-in-time
Investments held in trust	`AssetsHeldInTrust`	$240.60M	USD	Point-in-time
Total assets	`Assets`	$934.19M	USD	Point-in-time
Total assets	`Assets`	$1.08B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.37M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.21M	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$4.91M	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$8.34M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	$12.65M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	$428.56K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$18.77M	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$2.24M	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$2.07M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesNoncurrent`	$170.53K	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesNoncurrent`	$432.14K	USD	Point-in-time
Long-term debt	`LongTermLineOfCredit`	$269.60M	USD	Point-in-time
Long-term debt	`LongTermLineOfCredit`	$233.02M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$322.92K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$260.42K	USD	Point-in-time
Total liabilities	`Liabilities`	$282.24M	USD	Point-in-time
Total liabilities	`Liabilities`	$263.34M	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable non-controlling interest in Kimbell Tiger Acquisition Corporation	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$236.90M	USD	Point-in-time
Common units (65,507,635 units and 64,231,833 units issued and outstanding as of June 30, 2023 and December 31, 2022, respectively)	`LimitedPartnersCommonCapitalAccount`	$601.84M	USD	Point-in-time
Common units (65,507,635 units and 64,231,833 units issued and outstanding as of June 30, 2023 and December 31, 2022, respectively)	`LimitedPartnersCommonCapitalAccount`	$596.18M	USD	Point-in-time
Class B units (20,853,618 and 15,484,400 units issued and outstanding as of June 30, 2023 and December 31, 2022, respectively)	`LimitedPartnersClassBCapitalAccount`	$1.04M	USD	Point-in-time
Class B units (20,853,618 and 15,484,400 units issued and outstanding as of June 30, 2023 and December 31, 2022, respectively)	`LimitedPartnersClassBCapitalAccount`	$774.22K	USD	Point-in-time
Total Kimbell Royalty Partners, LP unitholders' equity	`PartnersCapital`	$597.22M	USD	Point-in-time
Total Kimbell Royalty Partners, LP unitholders' equity	`PartnersCapital`	$602.62M	USD	Point-in-time
Non-controlling interest (deficit) in OpCo	`PartnersCapitalAttributableToNoncontrollingInterest`	$54.73M	USD	Point-in-time
Non-controlling interest (deficit) in OpCo	`PartnersCapitalAttributableToNoncontrollingInterest`	$-26.11M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$576.51M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$312.65M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$348.85M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$326.32M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$565.10M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$651.95M	USD	Point-in-time
Total liabilities, mezzanine equity and unitholders' equity	`LiabilitiesAndStockholdersEquity`	$934.19M	USD	Point-in-time
Total liabilities, mezzanine equity and unitholders' equity	`LiabilitiesAndStockholdersEquity`	$1.08B	USD	Point-in-time

Income Statement 94 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$114.40M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$143.68M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$78.59M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$56.98M	USD	1 Quarter
Lease bonus and other income	`ResultsOfLeaseBonusAndOtherIncome`	$1.87M	USD	2 Qtrs
Lease bonus and other income	`ResultsOfLeaseBonusAndOtherIncome`	$2.04M	USD	1 Quarter
Lease bonus and other income	`ResultsOfLeaseBonusAndOtherIncome`	$2.48M	USD	2 Qtrs
Lease bonus and other income	`ResultsOfLeaseBonusAndOtherIncome`	$1.21M	USD	1 Quarter
Gain (Loss) on commodity derivative instruments, net	`UnrealizedGainLossOnCommodityContracts`	$-39.08M	USD	2 Qtrs
Gain (Loss) on commodity derivative instruments, net	`UnrealizedGainLossOnCommodityContracts`	$-7.09M	USD	1 Quarter
Gain (Loss) on commodity derivative instruments, net	`UnrealizedGainLossOnCommodityContracts`	$10.79M	USD	2 Qtrs
Gain (Loss) on commodity derivative instruments, net	`UnrealizedGainLossOnCommodityContracts`	$1.73M	USD	1 Quarter
Total revenues	`Revenues`	$127.67M	USD	2 Qtrs
Total revenues	`Revenues`	$60.75M	USD	1 Quarter
Total revenues	`Revenues`	$72.71M	USD	1 Quarter
Total revenues	`Revenues`	$106.47M	USD	2 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$5.40M	USD	1 Quarter
Production and ad valorem taxes	`ProductionTaxExpense`	$9.68M	USD	2 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$9.02M	USD	2 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$5.00M	USD	1 Quarter
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$19.66M	USD	1 Quarter
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$37.22M	USD	2 Qtrs
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$11.27M	USD	1 Quarter
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$22.03M	USD	2 Qtrs
Marketing and other deductions	`SellingAndMarketingExpense`	$2.91M	USD	1 Quarter
Marketing and other deductions	`SellingAndMarketingExpense`	$4.06M	USD	1 Quarter
Marketing and other deductions	`SellingAndMarketingExpense`	$7.57M	USD	2 Qtrs
Marketing and other deductions	`SellingAndMarketingExpense`	$5.67M	USD	2 Qtrs
General and administrative expense	`SellingGeneralAndAdministrativeExpense`	$14.46M	USD	2 Qtrs
General and administrative expense	`SellingGeneralAndAdministrativeExpense`	$7.87M	USD	1 Quarter
General and administrative expense	`SellingGeneralAndAdministrativeExpense`	$16.20M	USD	2 Qtrs
General and administrative expense	`SellingGeneralAndAdministrativeExpense`	$7.93M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$69.70M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$28.80M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$36.11M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$54.41M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$52.05M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$57.97M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$24.64M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$43.91M	USD	1 Quarter
Equity income in affiliate	`IncomeLossFromEquityMethodInvestments`	$3.63M	USD	2 Qtrs
Equity income in affiliate	`IncomeLossFromEquityMethodInvestments`	$3.39M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.32M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.20M	USD	2 Qtrs
Interest expense	`InterestExpense`	$11.80M	USD	2 Qtrs
Interest expense	`InterestExpense`	$6.34M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-480.24K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-480.24K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-180.76K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$3.97M	USD	2 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$898.21K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-180.76K	USD	2 Qtrs
Net income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$45.10M	USD	1 Quarter
Net income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$53.78M	USD	2 Qtrs
Net income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$18.71M	USD	1 Quarter
Net income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$49.01M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$2.31M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.80M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$909.06K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.08M	USD	2 Qtrs
Net income	`ProfitLoss`	$43.29M	USD	1 Quarter
Net income	`ProfitLoss`	$46.70M	USD	2 Qtrs
Net income	`ProfitLoss`	$8.41M	USD	1 Quarter
Net income	`ProfitLoss`	$17.80M	USD	1 Quarter
Net income	`ProfitLoss`	$28.90M	USD	1 Quarter
Net income	`ProfitLoss`	$51.70M	USD	2 Qtrs
Net income attributable to non-controlling interests in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.48M	USD	2 Qtrs
Net income attributable to non-controlling interests in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.30M	USD	1 Quarter
Net income attributable to non-controlling interests in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.42M	USD	1 Quarter
Net income attributable to non-controlling interests in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.86M	USD	2 Qtrs
Distribution on Class B units	`CommonDividendsIncomeStatementImpact`	$47.09K	USD	2 Qtrs
Distribution on Class B units	`CommonDividendsIncomeStatementImpact`	$31.60K	USD	1 Quarter
Distribution on Class B units	`CommonDividendsIncomeStatementImpact`	$8.21K	USD	1 Quarter
Distribution on Class B units	`CommonDividendsIncomeStatementImpact`	$25.82K	USD	2 Qtrs
Net income attributable to common units of Kimbell Royalty Partners, LP	`NetIncomeLossAvailableToCommonaStockholdersBasic`	$36.79M	USD	2 Qtrs
Net income attributable to common units of Kimbell Royalty Partners, LP	`NetIncomeLossAvailableToCommonaStockholdersBasic`	$37.86M	USD	1 Quarter
Net income attributable to common units of Kimbell Royalty Partners, LP	`NetIncomeLossAvailableToCommonaStockholdersBasic`	$45.19M	USD	2 Qtrs
Net income attributable to common units of Kimbell Royalty Partners, LP	`NetIncomeLossAvailableToCommonaStockholdersBasic`	$13.47M	USD	1 Quarter
Net income per unit attributable to common units (basic) (in dollar per share)	`NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax`	$0.61	USD	2 Qtrs
Net income per unit attributable to common units (basic) (in dollar per share)	`NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax`	$0.54	USD	2 Qtrs
Net income per unit attributable to common units (basic) (in dollar per share)	`NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax`	$0.24	USD	1 Quarter
Net income per unit attributable to common units (basic) (in dollar per share)	`NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax`	$0.66	USD	1 Quarter
Net income per unit attributable to common units (diluted) (in dollar per share)	`NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted`	$0.42	USD	2 Qtrs
Net income per unit attributable to common units (diluted) (in dollar per share)	`NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted`	$0.59	USD	2 Qtrs
Net income per unit attributable to common units (diluted) (in dollar per share)	`NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted`	$0.55	USD	1 Quarter
Net income per unit attributable to common units (diluted) (in dollar per share)	`NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted`	$0.23	USD	1 Quarter
Weighted average number of common units outstanding Basic (in units)	`WeightedAverageLimitedPartnershipUnitsOutstanding`	62.91M	shares	2 Qtrs
Weighted average number of common units outstanding Basic (in units)	`WeightedAverageLimitedPartnershipUnitsOutstanding`	55.42M	shares	1 Quarter
Weighted average number of common units outstanding Basic (in units)	`WeightedAverageLimitedPartnershipUnitsOutstanding`	50.71M	shares	2 Qtrs
Weighted average number of common units outstanding Basic (in units)	`WeightedAverageLimitedPartnershipUnitsOutstanding`	63.27M	shares	1 Quarter
Weighted average number of common units outstanding Diluted (in units)	`WeightedAverageLimitedPartnershipUnitsOutstandingDiluted`	65.32M	shares	2 Qtrs
Weighted average number of common units outstanding Diluted (in units)	`WeightedAverageLimitedPartnershipUnitsOutstandingDiluted`	82.96M	shares	1 Quarter
Weighted average number of common units outstanding Diluted (in units)	`WeightedAverageLimitedPartnershipUnitsOutstandingDiluted`	65.54M	shares	1 Quarter
Weighted average number of common units outstanding Diluted (in units)	`WeightedAverageLimitedPartnershipUnitsOutstandingDiluted`	81.26M	shares	2 Qtrs

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$43.29M	USD	1 Quarter
Net income	`ProfitLoss`	$46.70M	USD	2 Qtrs
Net income	`ProfitLoss`	$8.41M	USD	1 Quarter
Net income	`ProfitLoss`	$17.80M	USD	1 Quarter
Net income	`ProfitLoss`	$28.90M	USD	1 Quarter
Net income	`ProfitLoss`	$51.70M	USD	2 Qtrs
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$19.66M	USD	1 Quarter
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$37.22M	USD	2 Qtrs
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$11.27M	USD	1 Quarter
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$22.03M	USD	2 Qtrs
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.05M	USD	Point-in-time
Amortization of right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$157.30K	USD	2 Qtrs
Amortization of right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$167.66K	USD	2 Qtrs
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.78M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.10M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.03M	USD	Point-in-time
Amortization of loan origination costs	`AmortizationOfFinancingCosts`	$1.01M	USD	2 Qtrs
Amortization of loan origination costs	`AmortizationOfFinancingCosts`	$901.66K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-480.24K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-480.24K	USD	1 Quarter
Equity income in affiliate	`IncomeLossFromEquityMethodInvestments`	$3.63M	USD	2 Qtrs
Equity income in affiliate	`IncomeLossFromEquityMethodInvestments`	$3.39M	USD	1 Quarter
Cash distribution from affiliate	`EquityMethodInvestmentDividendsOrDistributions`	$3.77M	USD	2 Qtrs
Forfeiture of restricted units	`ForfeitureOfRestrictedUnitsCashProceeds`	$-19.81K	USD	2 Qtrs
Unit-based compensation	`ShareBasedCompensation`	$6.46M	USD	2 Qtrs
Unit-based compensation	`ShareBasedCompensation`	$5.14M	USD	2 Qtrs
(Gain) loss on derivative instruments, net of settlements	`UnrealizedGainLossOnDerivativesAndCommodityContracts`	$15.10M	USD	2 Qtrs
(Gain) loss on derivative instruments, net of settlements	`UnrealizedGainLossOnDerivativesAndCommodityContracts`	$-12.12M	USD	2 Qtrs
Oil, natural gas and NGL receivables	`IncreaseDecreaseInOilAndGasBillingReceivables`	$18.45M	USD	2 Qtrs
Oil, natural gas and NGL receivables	`IncreaseDecreaseInOilAndGasBillingReceivables`	$-1.99M	USD	2 Qtrs
Accounts receivable and other current assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-906.12K	USD	2 Qtrs
Accounts receivable and other current assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-427.11K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$159.56K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$741.97K	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$1.86M	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$3.43M	USD	2 Qtrs
Operating lease liabilities	`OperatingLeaseLiabilities`	$-159.72K	USD	2 Qtrs
Operating lease liabilities	`OperatingLeaseLiabilities`	$-170.33K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$78.57M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$76.46M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipmentExcludingPaymentsToAcquireOilAndGasProperty`	$75.40K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipmentExcludingPaymentsToAcquireOilAndGasProperty`	$72.12K	USD	2 Qtrs
Purchase of oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$443.98K	USD	2 Qtrs
Purchase of oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$44.18M	USD	2 Qtrs
Proceeds from trust of variable interest entity	`ProceedsFromTrustOfVariableInterestEntity`	$930.85K	USD	2 Qtrs
Cash distribution from affiliate	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$3.47M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$199.88M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-233.95M	USD	2 Qtrs
Costs associated with equity offering	`PaymentsOfEquityOfferingCosts`	$325.51K	USD	2 Qtrs
Contributions from Class B unitholders	`ProceedsFromContributionsOfClassBUnitholders`	$268.46K	USD	2 Qtrs
Redemption of Class B contributions on converted units	`RefundOfClassBContributionsOnConvertedUnits`	$470.00K	USD	2 Qtrs
Distributions to common unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$53.91M	USD	2 Qtrs
Distributions to common unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$44.40M	USD	2 Qtrs
Distribution to OpCo unitholders	`DistributionMadeToOperatingCompanyCommonUnitholdersCashDistributionsPaid`	$12.79M	USD	2 Qtrs
Distribution to OpCo unitholders	`DistributionMadeToOperatingCompanyCommonUnitholdersCashDistributionsPaid`	$10.38M	USD	2 Qtrs
Distribution on Class B units	`DistributionMadeToClassBUnitholdersPaid`	$25.82K	USD	2 Qtrs
Distribution on Class B units	`DistributionMadeToClassBUnitholdersPaid`	$47.09K	USD	2 Qtrs
Borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$59.08M	USD	2 Qtrs
Borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$36.20M	USD	2 Qtrs
Repayments on long-term debt	`RepaymentsOfLongTermDebt`	$37.20M	USD	2 Qtrs
Repayments on long-term debt	`RepaymentsOfLongTermDebt`	$22.50M	USD	2 Qtrs
Payment of loan origination costs	`PaymentsOfLoanCosts`	$4.79M	USD	2 Qtrs
Payment of loan origination costs	`PaymentsOfLoanCosts`	$435.14K	USD	2 Qtrs
Restricted units repurchased for tax withholding	`ExcessTaxBenefitsFromShareBasedCompensationFinancingActivities`	$-3.34M	USD	2 Qtrs
Restricted units repurchased for tax withholding	`ExcessTaxBenefitsFromShareBasedCompensationFinancingActivities`	$-4.85M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-282.70M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$164.55M	USD	2 Qtrs
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$7.05M	USD	2 Qtrs
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.25M	USD	2 Qtrs
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.05M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.78M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.10M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.03M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.05M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.78M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.10M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.03M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$10.96M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$5.03M	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	$2.04M	USD	2 Qtrs
Units issued in exchange for oil and natural gas properties	`NonCashUnitsIssuedInExchangeForOilAndNaturalGasProperties`	$92.04M	USD	2 Qtrs
Recognition of tenant improvement asset	`CapitalExpendituresIncurredTenantImprovementAllowance`	$62.50K	USD	2 Qtrs
Recognition of tenant improvement asset	`CapitalExpendituresIncurredTenantImprovementAllowance`	$62.50K	USD	2 Qtrs

Stockholders Equity 49 line items

Line Item	Tag	Value	Unit	Period
Unitholders' capital, beginning balance	`PartnersCapital`	$597.22M	USD	Point-in-time
Unitholders' capital, beginning balance	`PartnersCapital`	$602.62M	USD	Point-in-time
Unitholders' capital, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$576.51M	USD	Point-in-time
Unitholders' capital, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$312.65M	USD	Point-in-time
Unitholders' capital, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$348.85M	USD	Point-in-time
Unitholders' capital, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$326.32M	USD	Point-in-time
Unitholders' capital, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$565.10M	USD	Point-in-time
Unitholders' capital, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$651.95M	USD	Point-in-time
Unitholders' capital, beginning balance (in units)	`LimitedPartnersCapitalAccountUnitsOutstanding`	64.23M	shares	Point-in-time
Unitholders' capital, beginning balance (in units)	`LimitedPartnersCapitalAccountUnitsOutstanding`	65.51M	shares	Point-in-time
Costs associated with equity offering	`StockIssuanceCost`	$325.51K	USD	1 Quarter
Conversion of Class B units to common units	`ConversionOfStockValue`	$-467.90K	USD	1 Quarter
Conversion of Class B units to common units	`ConversionOfStockValue`	$-2.10K	USD	1 Quarter
Restricted units repurchased for tax withholding	`EquityImpactOfRestrictedUnitsUsedForTaxWithholdings`	$3.34M	USD	1 Quarter
Restricted units repurchased for tax withholding	`EquityImpactOfRestrictedUnitsUsedForTaxWithholdings`	$4.85M	USD	1 Quarter
Forfeiture of restricted units	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	$19.81K	USD	1 Quarter
Common units issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$92.31M	USD	1 Quarter
Unit-based compensation	`PartnersCapitalAccountUnitBasedCompensation`	$2.19M	USD	1 Quarter
Unit-based compensation	`PartnersCapitalAccountUnitBasedCompensation`	$3.29M	USD	1 Quarter
Unit-based compensation	`PartnersCapitalAccountUnitBasedCompensation`	$3.17M	USD	1 Quarter
Unit-based compensation	`PartnersCapitalAccountUnitBasedCompensation`	$2.95M	USD	1 Quarter
Distributions to unitholders	`PartnersCapitalAccountDistributions`	$23.97M	USD	1 Quarter
Distributions to unitholders	`PartnersCapitalAccountDistributions`	$28.08M	USD	1 Quarter
Distributions to unitholders	`PartnersCapitalAccountDistributions`	$38.61M	USD	1 Quarter
Distributions to unitholders	`PartnersCapitalAccountDistributions`	$30.81M	USD	1 Quarter
Distribution on Class B units	`DistributionMadeToLimitedPartnerCashDistributionsDeclared`	$31.60K	USD	1 Quarter
Distribution on Class B units	`DistributionMadeToLimitedPartnerCashDistributionsDeclared`	$8.21K	USD	1 Quarter
Distribution on Class B units	`DistributionMadeToLimitedPartnerCashDistributionsDeclared`	$17.61K	USD	1 Quarter
Distribution on Class B units	`DistributionMadeToLimitedPartnerCashDistributionsDeclared`	$15.48K	USD	1 Quarter
Proceeds from issuance of TGR public warrants	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$11.50M	USD	1 Quarter
Accretion of redeemable non-controlling interest in Kimbell Tiger Acquisition Corporation	`AccretionOfRedeemableNoncontrollingInterest`	$30.18M	USD	1 Quarter
Accretion of redeemable non-controlling interest in Kimbell Tiger Acquisition Corporation	`AccretionOfRedeemableNoncontrollingInterest`	$1.74M	USD	1 Quarter
Accretion of redeemable noncontrolling interest in Kimbell Tiger Acquisition Corporation and write-off of deferred underwriting commissions	`AccretionOfRedeemableNonControllingInterestAndWriteOffOfDeferredUnderwritingCommissions`	$1.57M	USD	1 Quarter
Net income	`ProfitLoss`	$43.29M	USD	1 Quarter
Net income	`ProfitLoss`	$46.70M	USD	2 Qtrs
Net income	`ProfitLoss`	$8.41M	USD	1 Quarter
Net income	`ProfitLoss`	$17.80M	USD	1 Quarter
Net income	`ProfitLoss`	$28.90M	USD	1 Quarter
Net income	`ProfitLoss`	$51.70M	USD	2 Qtrs
Unitholders' capital, ending balance	`PartnersCapital`	$597.22M	USD	Point-in-time
Unitholders' capital, ending balance	`PartnersCapital`	$602.62M	USD	Point-in-time
Unitholders' capital, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$576.51M	USD	Point-in-time
Unitholders' capital, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$312.65M	USD	Point-in-time
Unitholders' capital, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$348.85M	USD	Point-in-time
Unitholders' capital, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$326.32M	USD	Point-in-time
Unitholders' capital, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$565.10M	USD	Point-in-time
Unitholders' capital, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$651.95M	USD	Point-in-time
Unitholders' capital, ending balance (in units)	`LimitedPartnersCapitalAccountUnitsOutstanding`	64.23M	shares	Point-in-time
Unitholders' capital, ending balance (in units)	`LimitedPartnersCapitalAccountUnitsOutstanding`	65.51M	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.