Kimbell Royalty Partners Is My 12% Oil Income Play

Kimbell Royalty Partners offers a compelling 12% yield, benefiting from surging oil prices and a scalable, asset-light royalty business model. Recent acquisitions expand KRP's mineral portfolio, and the company has raised its production guidance for Q3 and Q4. Management projects annualized distributions of $1.72–$1.92/share, supported by robust free cash flow and a 75% DCF payout target.