2023 Q4 Form 10-K Financial Statement

#000155837024001427 Filed on February 21, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023
Revenue $99.20M $294.1M
YoY Change 44.45% 18.55%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $18.16M $35.68M
YoY Change 38.86% 22.48%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $36.18M $96.48M
YoY Change 116.29% 92.62%
% of Gross Profit
Operating Expenses $54.36M $35.68M
YoY Change 82.38% 22.48%
Operating Profit $109.9M
YoY Change -19.75%
Interest Expense -$7.465M $25.95M
YoY Change 173.37% 87.8%
% of Operating Profit 23.62%
Other Income/Expense, Net $0.00 -$180.8K
YoY Change -104.47%
Pretax Income $19.15M $86.77M
YoY Change -47.0% -35.02%
Income Tax $1.326M $3.766M
% Of Pretax Income 6.92% 4.34%
Net Earnings $9.773M $83.01M
YoY Change -65.58% -36.54%
Net Earnings / Revenue 9.85% 28.23%
Basic Earnings Per Share
Diluted Earnings Per Share $0.08 $0.65
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $30.99M $30.99M
YoY Change 25.8% 25.8%
Cash & Equivalents $30.99M $30.99M
Short-Term Investments
Other Short-Term Assets $11.43M $11.43M
YoY Change
Inventory
Prepaid Expenses
Receivables $60.72M $60.72M
Other Receivables $0.00 $0.00
Total Short-Term Assets $103.1M $103.1M
YoY Change 37.17% 37.17%
LONG-TERM ASSETS
Property, Plant & Equipment $589.9K $1.224B
YoY Change -38.15% 61.8%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.888M $2.888M
YoY Change 144.58% 144.58%
Total Long-Term Assets $1.235B $1.235B
YoY Change 23.27% 23.27%
TOTAL ASSETS
Total Short-Term Assets $103.1M $103.1M
Total Long-Term Assets $1.235B $1.235B
Total Assets $1.338B $1.338B
YoY Change 24.24% 24.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.595M $6.595M
YoY Change 444.87% 444.87%
Accrued Expenses $488.7K $488.7K
YoY Change 50.4% 50.4%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $12.98M $12.98M
YoY Change -30.85% -30.85%
LONG-TERM LIABILITIES
Long-Term Debt $294.2M $294.2M
YoY Change 26.26% 26.26%
Other Long-Term Liabilities $197.9K $2.146M
YoY Change -38.71% -81.43%
Total Long-Term Liabilities $197.9K $296.3M
YoY Change -38.71% 21.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $12.98M $12.98M
Total Long-Term Liabilities $197.9K $296.3M
Total Liabilities $309.3M $351.8M
YoY Change 17.46% -25.8%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $986.0M $986.0M
YoY Change
Total Liabilities & Shareholders Equity $1.338B $1.338B
YoY Change 24.24% 24.24%

Cashflow Statement

Concept 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $9.773M $83.01M
YoY Change -65.58% -36.54%
Depreciation, Depletion And Amortization $36.18M $96.48M
YoY Change 116.29% 92.62%
Cash From Operating Activities $63.46M $174.3M
YoY Change 64.28% 4.58%
INVESTING ACTIVITIES
Capital Expenditures $606.8K $490.8M
YoY Change -99.57% 246.96%
Acquisitions
YoY Change
Other Investing Activities -$243.2M $930.9K
YoY Change -141782.19% -100.4%
Cash From Investing Activities -$243.8M -$246.7M
YoY Change 73.23% -34.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $139.9M
YoY Change -23.68%
Cash From Financing Activities 175.8M 78.38M
YoY Change 59.83% -65.33%
NET CHANGE
Cash From Operating Activities 63.46M 174.3M
Cash From Investing Activities -243.8M -246.7M
Cash From Financing Activities 175.8M 78.38M
Net Change In Cash -4.469M 5.966M
YoY Change -156.43% -66.81%
FREE CASH FLOW
Cash From Operating Activities $63.46M $174.3M
Capital Expenditures $606.8K $490.8M
Free Cash Flow $62.86M -$316.5M
YoY Change -161.46% -1357.33%

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CY2023 us-gaap Nature Of Operations
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 10pt 0pt;"><i style="font-style:italic;">Unless the context otherwise requi</i><i style="font-style:italic;">res, references to “Kimbell Royalty Partners, LP,” “the Partnership,” or like terms refer to Kimbell Royalty Partners, LP and its subsidiaries. References to the “Operating Company” or “OpCo” refer to Kimbell Royalty Operating, LLC. References to “the General Partner” refer to Kimbell Royalty GP, LLC. References to “Kimbell Operating” refer to Kimbell Operating Company, LLC, a wholly owned subsidiary of the General Partner. References to “the Sponsors” refer to affiliates of the Partnership’s founders, Ben J. Fortson, Robert D. Ravnaas, Brett G. Taylor and Mitch S. Wynne, respectively. References to the “Contributing Parties” refer to all entities and individuals, including certain affiliates of the Sponsors, that contributed, directly or indirectly, certain mineral and royalty interests to the Partnership.</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 10pt 0pt;"><b style="font-weight:bold;">NOTE 1—ORGANIZATION</b><b style="font-weight:bold;"> AND BASIS OF PRESENTATION</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:0pt;margin:0pt 0pt 10pt 0pt;"><i style="font-style:italic;">Organization</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 10pt 0pt;">Kimbell Royalty Partners, LP is a Delaware limited partnership formed in 2015 to own and acquire mineral and royalty interests in oil and natural gas properties throughout the United States. The Partnership has elected to be taxed as a corporation for United States federal income tax purposes. As an owner of mineral and royalty interests, the Partnership is entitled to a portion of the revenues received from the production of oil, natural gas and associated natural gas liquids (“NGL”) from the acreage underlying its interests, net of post-production expenses and taxes. The Partnership is not obligated to fund drilling and completion costs, lease operating expenses or plugging and abandonment costs at the end of a well’s productive life. The Partnership’s primary business objective is to provide increasing cash distributions to unitholders resulting from acquisitions from third parties, its Sponsors and the Contributing Parties and from organic growth through the continued development by working interest owners of the properties in which it owns an interest.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:0pt;margin:0pt 0pt 10pt 0pt;"><i style="font-style:italic;">Basis of Presentation</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 10pt 0pt;">The Partnership’s year-end is December 31. The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and all intercompany balances are eliminated in consolidation. A summary of the significant accounting policies applied in the preparation of the accompanying consolidated financial statements follows.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 10pt 0pt;"><i style="font-style:italic;">Use of Estimates</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 10pt 0pt;">Preparation of the Partnership’s financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts in the financial statements and notes. Actual results could differ from those estimates.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:0pt;margin:0pt 0pt 10pt 0pt;"><i style="font-style:italic;">Segment Reporting</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 10pt 0pt;">The Partnership operates in a <span style="-sec-ix-hidden:Hidden_x1E9gXpktkSesjaag7YzDg;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">single</span></span> operating and <span style="-sec-ix-hidden:Hidden_un0FyJZNa0ucBi1ox_2QOQ;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">reportable</span></span> segment. Operating segments are defined as components of an enterprise for which separate financial information is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and assess performance. The Partnership’s chief operating decision maker allocates resources and assesses performance based upon financial information of the Partnership as a whole.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 10pt 0pt;"><i style="font-style:italic;">Global Conflicts</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 10pt 0pt;">In February 2022, Russia invaded Ukraine and is still engaged in active armed conflict against the country. In October 2023, armed active conflict escalated in the Middle East between Israel and Hamas and is still active. These conflicts and the sanctions imposed in response have led to regional instability and caused dramatic fluctuations in global financial markets and have increased the level of global economic and political uncertainty, including uncertainty about world-wide oil supply and demand, which in turn has increased volatility in commodity prices. To date, the Partnership has not experienced a material impact to operations or the consolidated financial statements as a result of these conflicts; however, the Partnership will continue to monitor for events that could materially impact them.</p>
CY2023 us-gaap Use Of Estimates
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 10pt 0pt;"><i style="font-style:italic;">Use of Estimates</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 10pt 0pt;">Preparation of the Partnership’s financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts in the financial statements and notes. Actual results could differ from those estimates.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 10pt 0pt;"><i style="font-style:italic;">Management Estimates</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 10pt 0pt;">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, as well as certain financial statement disclosures. The Partnership evaluates estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic and commodity price environment. While management believes that the estimates and assumptions used in the preparation of the financial statements are appropriate, actual results could differ from these estimates. Significant estimates made in preparing these financial statements include the estimate of uncollected revenues and unpaid expenses from mineral and royalty interests in properties operated by nonaffiliated entities, the estimates of proved oil, natural gas and NGL reserves and related present value estimates of future net cash flows from those properties, recoverability of costs of unevaluated properties, valuation of commodity and interest rate derivative financial instruments and the fair value of equity-based compensation.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 10pt 0pt;">The discounted present value of the proved oil, natural gas and NGL reserves is a major component of the ceiling test calculation and requires many subjective judgments. Estimates of reserves are forecasts based on engineering and geological analyses. Different reserve engineers could reach different conclusions as to estimated quantities of oil, natural gas and NGL reserves based on the same information.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 10pt 0pt;">The passage of time provides more qualitative and quantitative information regarding reserve estimates, and revisions are made to prior estimates based on updated information. However, there can be no assurance that more significant revisions will not be necessary in the future. Significant downward revisions could result in ceiling test impairment representing a noncash charge to income. In addition to the impact on the calculation of the ceiling test, estimates of proved reserves are also a major component of the calculation of depletion.</p>
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CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 10pt 0pt;"><i style="font-style:italic;">Concentration of Credit Risk</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 10pt 0pt;">The Partnership has no involvement or operational control over the volumes and method of sale of oil, natural gas and NGLs produced and sold from the properties. It is believed that the loss of any single purchaser would not have a material adverse effect on the results of operations.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 10pt 0pt;">During the years ended December 31, 2023, 2022 and 2021, the Partnership’s <span style="-sec-ix-hidden:Hidden_VfZXmoqh6kOge48ba173bw;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">top</span></span> purchaser accounted for approximately 6.7%, 11.3% and 6.0%, respectively, of oil, natural gas and NGL sales revenue. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 10pt 0pt;">Commodity derivative financial instruments may expose the Partnership to credit risk; however, the Partnership monitors the creditworthiness of its counterparties. While the Partnership does not require the counterparties to its derivative contracts to post collateral, the  Partnership does evaluate the credit standing of such counterparties as they deem appropriate. This evaluation includes reviewing a counterparty’s credit rating and latest financial information.</p>
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
267584785
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
281964126
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
175088021
CY2022Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-12324076
CY2021Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-26624646
CY2020Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-6280863
CY2023 krp Unrealized Gain Loss On Commodity Contracts Excluding Interest Rate Swap
UnrealizedGainLossOnCommodityContractsExcludingInterestRateSwap
20888972
CY2022 krp Unrealized Gain Loss On Commodity Contracts Excluding Interest Rate Swap
UnrealizedGainLossOnCommodityContractsExcludingInterestRateSwap
-32240915
CY2021 krp Unrealized Gain Loss On Commodity Contracts Excluding Interest Rate Swap
UnrealizedGainLossOnCommodityContractsExcludingInterestRateSwap
-41240942
CY2023 krp Net Cash Received Paid On Settlements Of Derivative Instruments
NetCashReceivedPaidOnSettlementsOfDerivativeInstruments
5482086
CY2022 krp Net Cash Received Paid On Settlements Of Derivative Instruments
NetCashReceivedPaidOnSettlementsOfDerivativeInstruments
46541485
CY2021 krp Net Cash Received Paid On Settlements Of Derivative Instruments
NetCashReceivedPaidOnSettlementsOfDerivativeInstruments
20897159
CY2023Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
14046982
CY2022Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-12324076
CY2021Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-26624646
CY2023Q4 us-gaap Commodity Contract Asset Current
CommodityContractAssetCurrent
11427735
CY2023Q4 us-gaap Commodity Contract Asset Noncurrent
CommodityContractAssetNoncurrent
2888051
CY2022Q4 us-gaap Commodity Contract Asset Noncurrent
CommodityContractAssetNoncurrent
754786
CY2023Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
208710
CY2022Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
12646720
CY2023Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
60094
CY2022Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
432142
CY2023Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
14046982
CY2022Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-12324076
CY2023Q4 krp Proved Oil And Gas Property Full Cost Method Gross
ProvedOilAndGasPropertyFullCostMethodGross
1825977244
CY2022Q4 krp Proved Oil And Gas Property Full Cost Method Gross
ProvedOilAndGasPropertyFullCostMethodGross
1258290375
CY2023Q4 krp Unproved Oil And Gas Property Full Cost Method Gross
UnprovedOilAndGasPropertyFullCostMethodGross
222712844
CY2022Q4 krp Unproved Oil And Gas Property Full Cost Method Gross
UnprovedOilAndGasPropertyFullCostMethodGross
207695343
CY2023Q4 us-gaap Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
827033944
CY2022Q4 us-gaap Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
712716951
CY2023Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
1221656144
CY2022Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
753268767
CY2023 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
18200000
CY2021 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0
CY2022 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y5M4D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0675
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
600000
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
500000
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
400000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2712673
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
488725
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
497033
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
507648
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
511917
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
496785
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
210565
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
476273
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2236400
CY2023 us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
500000
CY2023Q4 krp Minimum Percentage Of Proved Reserves Constituting Borrowings Based Properties
MinimumPercentageOfProvedReservesConstitutingBorrowingsBasedProperties
0.75
CY2023Q3 krp Preferred Units Liquidation Preference In Percentage
PreferredUnitsLiquidationPreferenceInPercentage
0.100
CY2023Q3 krp Increased Percentage Of Distributions Per Annum
IncreasedPercentageOfDistributionsPerAnnum
0.200
CY2023Q1 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.35
CY2023Q2 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.39
CY2023Q3 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.51
CY2023Q4 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.43
CY2022Q1 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.47
CY2022Q2 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.55
CY2022Q3 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.49
CY2022Q4 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.48
CY2021Q1 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.27
CY2021Q2 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.31
CY2021Q3 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.37
CY2021Q4 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.37
CY2023 krp Net Income Loss Available To Commona Stockholders Basic
NetIncomeLossAvailableToCommonaStockholdersBasic
60141679
CY2022 krp Net Income Loss Available To Commona Stockholders Basic
NetIncomeLossAvailableToCommonaStockholdersBasic
111929491
CY2021 krp Net Income Loss Available To Commona Stockholders Basic
NetIncomeLossAvailableToCommonaStockholdersBasic
22615021
CY2023 krp Temporary Equity Accretion To Redemption Value Adjustment And Write Off Of Deferred Underwriting Commissions
TemporaryEquityAccretionToRedemptionValueAdjustmentAndWriteOffOfDeferredUnderwritingCommissions
-1572737
CY2022 krp Temporary Equity Accretion To Redemption Value Adjustment And Write Off Of Deferred Underwriting Commissions
TemporaryEquityAccretionToRedemptionValueAdjustmentAndWriteOffOfDeferredUnderwritingCommissions
17412732
CY2023 krp Net Income Loss After Temporary Equity Accretion To Redemption Value Adjustment And Write Off Of Deferred Underwriting Commissions
NetIncomeLossAfterTemporaryEquityAccretionToRedemptionValueAdjustmentAndWriteOffOfDeferredUnderwritingCommissions
61714416
CY2022 krp Net Income Loss After Temporary Equity Accretion To Redemption Value Adjustment And Write Off Of Deferred Underwriting Commissions
NetIncomeLossAfterTemporaryEquityAccretionToRedemptionValueAdjustmentAndWriteOffOfDeferredUnderwritingCommissions
94516759
CY2021 krp Net Income Loss After Temporary Equity Accretion To Redemption Value Adjustment And Write Off Of Deferred Underwriting Commissions
NetIncomeLossAfterTemporaryEquityAccretionToRedemptionValueAdjustmentAndWriteOffOfDeferredUnderwritingCommissions
22615021
CY2023 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
6310215
CY2023 krp Net Income Loss Available To Common Class Stockholders Diluted
NetIncomeLossAvailableToCommonClassStockholdersDiluted
84578307
CY2022 krp Net Income Loss Available To Common Class Stockholders Diluted
NetIncomeLossAvailableToCommonClassStockholdersDiluted
113381554
CY2021 krp Net Income Loss Available To Common Class Stockholders Diluted
NetIncomeLossAvailableToCommonClassStockholdersDiluted
31111125
CY2023 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
66595273
CY2022 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
54112595
CY2021 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
40400907
CY2023 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
93057731
CY2022 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
65837017
CY2021 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
60957824
CY2023 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
0.93
CY2022 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
1.75
CY2021 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
0.56
CY2023 us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
0.91
CY2022 us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
1.72
CY2021 us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
0.51
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3800000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2700000
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0434
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3800000
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2469584
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2412702
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
69067
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1296718
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
326000
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
5033
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3766302
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2738702
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
74100
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3766302
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2738702
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
74100
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
86771872
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
133532988
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
42511974
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
18222093
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
28041927
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
8927515
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1393149
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
326000
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
5033
CY2023 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
3518924
CY2022 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
3988366
CY2021 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
1788347
CY2023 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
14703170
CY2022 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
24053561
CY2021 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
7139168
CY2023 krp Income Tax Reconciliation Change In Federal Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInFederalDeferredTaxAssetsValuationAllowance
2860951
CY2022 krp Income Tax Reconciliation Change In Federal Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInFederalDeferredTaxAssetsValuationAllowance
2202314
CY2021 krp Income Tax Reconciliation Change In Federal Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInFederalDeferredTaxAssetsValuationAllowance
-363132
CY2023 krp Income Tax Reconciliation Change In State Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInStateDeferredTaxAssetsValuationAllowance
-96431
CY2022 krp Income Tax Reconciliation Change In State Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInStateDeferredTaxAssetsValuationAllowance
-1307605
CY2021 krp Income Tax Reconciliation Change In State Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInStateDeferredTaxAssetsValuationAllowance
-40626
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-391366
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1517993
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
472825
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3766302
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2738702
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
74100
CY2023Q4 krp Deferred Tax Assets Outside Basis In Operating Company
DeferredTaxAssetsOutsideBasisInOperatingCompany
22624765
CY2022Q4 krp Deferred Tax Assets Outside Basis In Operating Company
DeferredTaxAssetsOutsideBasisInOperatingCompany
18494572
CY2021Q4 krp Deferred Tax Assets Outside Basis In Operating Company
DeferredTaxAssetsOutsideBasisInOperatingCompany
6641452
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
2645475
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
12296282
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
385926
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
482356
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
1789961
CY2023Q4 krp Deferred Tax Assets Business Interest Deduction
DeferredTaxAssetsBusinessInterestDeduction
1376234
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
24386925
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
21622403
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
20727695
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
24386925
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
21622403
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
20727695
CY2023 krp Income Tax Outside Basis Investment In Operating Company Deferred Tax Assets Valuation Allowance
IncomeTaxOutsideBasisInvestmentInOperatingCompanyDeferredTaxAssetsValuationAllowance
24400000
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2023Q4 us-gaap Capitalized Costs Mineral Interests In Proved Properties
CapitalizedCostsMineralInterestsInProvedProperties
1825977244
CY2022Q4 us-gaap Capitalized Costs Mineral Interests In Proved Properties
CapitalizedCostsMineralInterestsInProvedProperties
1258290375
CY2023Q4 us-gaap Capitalized Costs Mineral Interests In Unproved Properties
CapitalizedCostsMineralInterestsInUnprovedProperties
222712844
CY2022Q4 us-gaap Capitalized Costs Mineral Interests In Unproved Properties
CapitalizedCostsMineralInterestsInUnprovedProperties
207695343
CY2023Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Gross
CapitalizedCostsOilAndGasProducingActivitiesGross
2048690088
CY2022Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Gross
CapitalizedCostsOilAndGasProducingActivitiesGross
1465985718
CY2023Q4 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
827033944
CY2022Q4 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
712716951
CY2023Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
1221656144
CY2022Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
753268767
CY2023 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
260145370
CY2022 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
56848235
CY2021 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
55300252
CY2023 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
322559000
CY2022 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
204742000
CY2023 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
582704370
CY2022 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
261590235
CY2021 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
55300252
CY2023 us-gaap Significant Costs Incurred To Acquire Mineral Interest Of Proved Reserves
SignificantCostsIncurredToAcquireMineralInterestOfProvedReserves
582704370
CY2022 us-gaap Significant Costs Incurred To Acquire Mineral Interest Of Proved Reserves
SignificantCostsIncurredToAcquireMineralInterestOfProvedReserves
261590235
CY2021 us-gaap Significant Costs Incurred To Acquire Mineral Interest Of Proved Reserves
SignificantCostsIncurredToAcquireMineralInterestOfProvedReserves
55300252
CY2023 us-gaap Results Of Operations Revenue From Oil And Gas Producing Activities
ResultsOfOperationsRevenueFromOilAndGasProducingActivities
267584785
CY2022 us-gaap Results Of Operations Revenue From Oil And Gas Producing Activities
ResultsOfOperationsRevenueFromOilAndGasProducingActivities
281964126
CY2021 us-gaap Results Of Operations Revenue From Oil And Gas Producing Activities
ResultsOfOperationsRevenueFromOilAndGasProducingActivities
175088021
CY2023 krp Results Of Lease Bonus And Other Income
ResultsOfLeaseBonusAndOtherIncome
5594855
CY2022 krp Results Of Lease Bonus And Other Income
ResultsOfLeaseBonusAndOtherIncome
3073609
CY2021 krp Results Of Lease Bonus And Other Income
ResultsOfLeaseBonusAndOtherIncome
3319104
CY2023 us-gaap Results Of Operations Production Or Lifting Costs
ResultsOfOperationsProductionOrLiftingCosts
20326477
CY2022 us-gaap Results Of Operations Production Or Lifting Costs
ResultsOfOperationsProductionOrLiftingCosts
16238814
CY2021 us-gaap Results Of Operations Production Or Lifting Costs
ResultsOfOperationsProductionOrLiftingCosts
10480481
CY2023 us-gaap Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions
ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions
96477003
CY2022 us-gaap Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions
ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions
50086414
CY2021 us-gaap Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions
ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions
36797881
CY2023 us-gaap Results Of Operations Impairment Of Oil And Gas Properties
ResultsOfOperationsImpairmentOfOilAndGasProperties
18220173
CY2023 us-gaap Results Of Operations General And Administrative Related To Oil And Gas Producing Activities
ResultsOfOperationsGeneralAndAdministrativeRelatedToOilAndGasProducingActivities
12564619
CY2022 us-gaap Results Of Operations General And Administrative Related To Oil And Gas Producing Activities
ResultsOfOperationsGeneralAndAdministrativeRelatedToOilAndGasProducingActivities
13383074
CY2021 us-gaap Results Of Operations General And Administrative Related To Oil And Gas Producing Activities
ResultsOfOperationsGeneralAndAdministrativeRelatedToOilAndGasProducingActivities
12048643
CY2023 us-gaap Results Of Operations Oil And Gas Producing Activities Net Income Excluding Corporate Overhead And Interest Costs
ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts
125591368
CY2022 us-gaap Results Of Operations Oil And Gas Producing Activities Net Income Excluding Corporate Overhead And Interest Costs
ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts
205329433
CY2021 us-gaap Results Of Operations Oil And Gas Producing Activities Net Income Excluding Corporate Overhead And Interest Costs
ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts
119080120
CY2020Q4 srt Proved Developed And Undeveloped Reserves Net
ProvedDevelopedAndUndevelopedReservesNet
42418
CY2021 srt Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease
5044
CY2021 srt Proved Developed And Undeveloped Reserves Purchases Of Minerals In Place
ProvedDevelopedAndUndevelopedReservesPurchasesOfMineralsInPlace
3252
CY2021 srt Proved Developed And Undeveloped Reserves Production
ProvedDevelopedAndUndevelopedReservesProduction
5240
CY2021Q4 srt Proved Developed And Undeveloped Reserves Net
ProvedDevelopedAndUndevelopedReservesNet
45474
CY2022 srt Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease
3554
CY2022 srt Proved Developed And Undeveloped Reserves Purchases Of Minerals In Place
ProvedDevelopedAndUndevelopedReservesPurchasesOfMineralsInPlace
2989
CY2022 srt Proved Developed And Undeveloped Reserves Production
ProvedDevelopedAndUndevelopedReservesProduction
5558
CY2022Q4 srt Proved Developed And Undeveloped Reserves Net
ProvedDevelopedAndUndevelopedReservesNet
46459
CY2023 srt Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease
8432
CY2023 srt Proved Developed And Undeveloped Reserves Purchases Of Minerals In Place
ProvedDevelopedAndUndevelopedReservesPurchasesOfMineralsInPlace
17892
CY2023 srt Proved Developed And Undeveloped Reserves Production
ProvedDevelopedAndUndevelopedReservesProduction
7374
CY2023Q4 srt Proved Developed And Undeveloped Reserves Net
ProvedDevelopedAndUndevelopedReservesNet
65409
CY2021Q4 srt Proved Developed Reserves Volume
ProvedDevelopedReservesVolume
45474
CY2022Q4 srt Proved Developed Reserves Volume
ProvedDevelopedReservesVolume
46459
CY2023Q4 srt Proved Developed Reserves Volume
ProvedDevelopedReservesVolume
65409
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
2226313
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
2253273
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
1335917
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
164848
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
161676
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
100947
CY2023Q4 krp Future Net State Margin Tax Relating To Proved Oil And Gas Reserves
FutureNetStateMarginTaxRelatingToProvedOilAndGasReserves
49144
CY2022Q4 krp Future Net State Margin Tax Relating To Proved Oil And Gas Reserves
FutureNetStateMarginTaxRelatingToProvedOilAndGasReserves
76322
CY2021Q4 krp Future Net State Margin Tax Relating To Proved Oil And Gas Reserves
FutureNetStateMarginTaxRelatingToProvedOilAndGasReserves
42965
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
2012321
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
2015275
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
1192005
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
1037192
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
1110980
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
665390
CY2023Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
975129
CY2022Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
904295
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
526615
CY2022Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
904295
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
526615
CY2020Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
284996
CY2023 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
236953
CY2022 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
252597
CY2021 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
152751
CY2023 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
-302599
CY2022 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
365427
CY2021 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
225868
CY2023 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
128727
CY2022 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
71776
CY2021 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
60517
CY2023 krp Net Changes In State Margin Taxes
NetChangesInStateMarginTaxes
10433
CY2022 krp Net Changes In State Margin Taxes
NetChangesInStateMarginTaxes
-15266
CY2021 krp Net Changes In State Margin Taxes
NetChangesInStateMarginTaxes
-8665
CY2023 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
78425
CY2022 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
44280
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
25743
CY2023 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
435230
CY2022 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
77719
CY2021 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
40545
CY2023 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
-42429
CY2022 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
86341
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
50362
CY2023Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
975129
CY2022Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
904295
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
526615

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