- Kimbell declared a $0.27 per unit distribution for Q1 2021, a 42% increase compared to $0.19 per unit for Q4 2020.
- Kimbell's 2021 distributions are estimated at $1.02 per unit, or $0.25 per quarter during the remaining quarters.
- Production growth is expected to be limited due to conservative spending plans among producers, while natural gas prices were particularly strong in Q1 2021.
- Distributions may range between $0.90 per unit and $1.10 per unit in 2022 and 2023 at current strip if production growth remains modest.
For further details see:
Kimbell Royalty Partners: 2021 Distributions Estimated At A Bit Over $1 Per Unit