v3.26.1
EARNINGS PER COMMON UNIT (Tables)
6 Months Ended
Jun. 30, 2026
EARNINGS PER COMMON UNIT  
Schedule of earnings per common unit

Three Months Ended June 30, 

Six Months Ended June 30, 

2026

2025

2026

2025

(In thousands)

Net income attributable to common units of Kimbell Royalty Partners, LP

$

38,411

$

2,007

$

42,379

$

19,869

Distribution and accretion on Series A preferred units

2,628

24,337

5,227

29,540

Net income attributable to non-controlling interests in OpCo and distribution to Class B unitholders

6,260

328

6,635

3,116

Diluted net income attributable to common units of Kimbell Royalty Partners, LP

$

47,299

$

26,672

$

54,241

$

52,525

Weighted average number of common units outstanding:

Basic

96,307

91,170

94,725

90,430

Effect of dilutive securities:

Series A preferred units

10,783

15,048

10,783

18,290

Class B units

9,808

14,492

11,247

14,499

Restricted units

1,978

2,214

2,063

2,058

Diluted

118,876

122,924

118,818

125,277

Net income per unit attributable to common units of Kimbell Royalty Partners, LP

Basic

$

0.40

$

0.02

$

0.45

$

0.22

Diluted

$

0.40

$

0.02

$

0.45

$

0.22