Kimbell Royalty Partners Common Units Representing Limited Partner Interests (KRP)

Competitors to Kimbell Royalty Partners Common Units Representing Limited Partner Interests (KRP)

Diversified Energy Company

Diversified Energy Company operates in a similar realm as Kimbell Royalty Partners, focusing on acquiring and managing oil and gas assets. However, Diversified tends to focus more on producing properties as opposed to purely royalty interests. This can sometimes result in lower volatility in cash flows compared to Kimbell's royalty structure, which can help Diversified outperform in cases of price fluctuations. Nonetheless, Kimbell's focused approach on royalties and performance-linked income provides it a niche advantage in the current market.

Laredo Petroleum, Inc.

Laredo Petroleum directly competes with Kimbell Royalty Partners in the acquisition and management of oil properties, but focuses more on exploration and production. While Laredo has significant operational experience and scale in extraction, they bear the full operational burden and associated risks, which can lead to volatility in share price and investor returns. In contrast, Kimbell, with its royalty-focused model, can offer more stable income streams, which could be particularly appealing to risk-averse investors.

Mammoth Energy Services 

Mammoth Energy Services competes by providing infrastructure services to the oil and natural gas industries. While Kimbell focuses more on royalty interests, Mammoth offers a range of services including water management, excavation, and logistics, enhancing their appeal to energy companies. However, they do have less focus on mineral rights acquisition compared to Kimbell, making Mammoth more service-oriented rather than investor-driven in the royalty space.

Viper Energy Partners LP 

Viper Energy Partners competes with Kimbell Royalty Partners by focusing on acquiring and owning mineral and royalty interests in oil and natural gas properties. Both companies primarily derive their revenue from the development and production of hydrocarbon resources, but Viper has a stronger foothold in the Permian Basin, which is currently one of the most productive oil regions in the U.S. This allows Viper to benefit from high output levels and lower operational costs, giving them a competitive edge in terms of profitability and growth potential.