Kimbell Royalty Partners Files 2024 Annual Report Highlighting Growth and Financial Performance
Kimbell Royalty Partners Files 2024 Annual Report
Kimbell Royalty Partners, LP (NYSE: KRP), a notable entity in the oil and natural gas sector, has recently submitted its Annual Report on Form 10-K for the fiscal year concluding on December 31, 2024. This announcement, made from Fort Worth, Texas, reflects Kimbell’s influential role as an owner of mineral and royalty interests spread over more than 17 million gross acres across 28 states in the U.S.
The filed report is accessible to the public through Kimbell’s investor relations website as well as the SEC's website, allowing stakeholders and interested parties to delve into the company’s financial statements and operational summaries. Investors can also request a physical copy of the Annual Report, which includes complete audited financial statements, free of charge by contacting Kimbell’s investor relations team.
A Snapshot of Kimbell Royalty Partners
Founded on the principles of sustainability and strategic growth, Kimbell Royalty Partners operates predominantly in the oil and gas industry, managing a significant portfolio that encompasses interests in over 130,000 gross wells. A striking aspect of Kimbell’s operational footprint is its substantial holdings in the prominent Permian Basin, which boasts over 51,000 wells. The company's extensive acreage in various U.S. basins reaffirms its commitment to being a leading player in the energy space, navigating both the challenges and opportunities presented by the ever-evolving market.
The annual report showcases Kimbell’s financial health and provides insights into its operational strategies geared towards maximizing value for its stakeholders. The transparency and detailed reporting embedded in the document reflect the company's dedication to maintaining robust investor relations and adherence to regulatory standards.
In discussing the report, Kimbell Royalty Partners emphasizes its strategic objectives, which include harnessing market opportunities that arise from its diversified interests. By maintaining an agile operational model, the company effectively manages its assets while pursuing new avenues for growth. This aligns with the broader goals of enhancing sustainability and generating long-term value in a dynamic market.
Industry Position and Future Outlook
Kimbell Royalty Partners stands out in the competitive landscape of oil and gas, particularly through its strategic acquisitions and partnerships that have substantially scaled its operations. With a keen eye on market trends and an unwavering commitment to operational excellence, Kimbell is well-positioned to capitalize on emerging opportunities.
Moving forward, the organization plans to continue leveraging its extensive resource base while focusing on efficiency and environmental responsibility, thus ensuring a significant contribution to the energy sector. The annual report encapsulates the company’s vision, strategies, and results over the past fiscal year, showcasing a strong foundation for potential future growth.
For further information regarding the report or general inquiries, stakeholders may reach out to Kimbell’s investor relations at Dennard Lascar Investor Relations, either via email or telephone. The commitment to transparency and investor engagement is evident, with Kimbell striving to build trust and foster strong connections with its investor community.
Overall, Kimbell Royalty Partners is not just marking milestones; it is also laying down a pathway for sustainable success in the energy landscape, making its Annual Report a crucial document for stakeholders interested in understanding the company's trajectory in the years to come.