Kimbell Royalty Partners, LP (KRP) CEO Bob Ravnaas on Q1 2022 Results - Earnings Call Transcript

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Q1: 2022-05-05 Earnings Summary

EPS of $0.40 beats by $0.16
 | Revenue of $33.75M (50.56% Y/Y) misses by $13.60M

Kimbell Royalty Partners, LP (NYSE:KRP) Q1 2022 Earnings Conference Call May 5, 2022 11:00 AM ET

Company Participants

Rick Black - Investor Relations
Bob Ravnaas - Chairman and Chief Executive Officer
Davis Ravnaas - President and Chief Financial Officer
Matt Daly - Chief Operating Officer
Blayne Rhynsburger - Controller

Conference Call Participants

Chris Baker - Credit Suisse
Trafford Lamar - Raymond James
Nate Pendleton - Stifel
TJ Schultz - RBC Capital

Operator

Greetings and welcome to the Kimbell Royalty Partners First Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Rick Black with Investor Relations. Thank you, sir. You may begin.

Rick Black

Thank you, operator, and Good morning, everyone. Welcome to the Kimbell Royalty Partners conference call to review financial and operational results for the first quarter ended March 31, 2022. This call is also being webcast and can be accessed through the audio link on the Events and Presentations page of the IR section of kimbellrp.com. Information recorded on today’s call speaks only as of today, March 5, 2022, so please be advised that any time sensitive information may no longer be accurate as of 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, are forward-looking statements made pursuant to the safe harbor’s provision 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 company’s control.

Actual results may differ materially. Please refer to today’s press release for our disclosure on forward-looking statements. These factors and

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