Kimbell Royalty Partners, LP
KRP
Energy
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Kimbell Royalty Partners, LP is a leading owner of oil and gas mineral and royalty interests across approximately 17 million gross acres in the United States. Its business model is based on collecting royalty payments from fossil fuel production, entitling it to a share of the cash flow from wells operated by other companies. This royalty-based, asset-light structure does not change the fundamental nature of its revenue, which is derived entirely from the extraction and sale of oil and natural gas.
The company actively expands its fossil fuel portfolio through acquisitions. In January 2025, Kimbell closed a $230 million acquisition of mineral and royalty interests in the Midland Basin, a major shale oil-producing region. This transaction demonstrates a continued strategic commitment to growing its exposure to upstream oil and gas production. Kimbell’s public materials describe itself as a premier owner of mineral and royalty interests across leading U.S. basins, offering investors exposure to fossil fuel cash flows.
Research Sources
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