Kimbell Royalty Partners LP (KRP) shares were up more than 10% in early Thursday trading after the company reported Q1 net income of $0.20 per diluted unit, up from $0.04 a year earlier.
Analysts polled by FactSet expected $0.11.
Revenue for the quarter ended March 31 was $84.2 million, up from $82.2 million a year earlier.
Analysts surveyed by FactSet expected $85.3 million.
Price: 13.11, Change: +1.23, Percent Change: +10.35
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