Kimbell Royalty Partners(KRP) - 2024 Q3 - Quarterly Results

Exhibit 99.1 NEWS RELEASE KIMBELL ROYALTY PARTNERS Kimbell Royalty Partners Announces Third Quarter 2024 Results Q3 2024 Run-Rate Daily Production of 23,846 Boe/d (6:1) Activity on Acreage Remains Robust with 90 Active Rigs Drilling Representing 16%Market Share of U.S. Land Rig Count Net Drilled But Uncompleted Wells ("DUCs") Increased by 34% Quarter Over Quarter Led by the Permian Basin Record Lease Bonuses Confirming Increased Operator Activity Announces Q3 2024 Cash Distribution of $0.41 per Common Unit ...