Three Months Ended September 30,

Nine Months Ended September 30,

2022

2021

2022

2021

Net income attributable to common units of Kimbell Royalty Partners, LP

$

38,343,786

$

1,837,579

$

83,536,606

$

2,624,532

Accretion of redeemable noncontrolling interest in Kimbell Tiger Acquisition Corporation

—

(17,845,231)

—

Net income attributable to common units of Kimbell Royalty Partners, LP after accretion of redeemable noncontrolling interest in Kimbell Tiger Acquisition Corporation

38,343,786

1,837,579

65,691,375

2,624,532

Diluted net income attributable to common units of Kimbell Royalty Partners, LP after accretion of redeemable noncontrolling interest in Kimbell Tiger Acquisition Corporation

38,343,786

1,837,579

65,691,375

2,624,532

Weighted average number of common units outstanding:

Basic

55,434,641

41,106,157

52,302,235

39,383,172

Effect of dilutive securities:

Class B units

8,211,579

17,611,579

11,245,161

19,253,448

Restricted units

1,897,192

1,793,578

1,850,067

1,712,915

Diluted

65,543,412

60,511,314

65,397,463

60,349,535

Net income per unit attributable to common units of Kimbell Royalty Partners, LP

Basic

$

0.69

$

0.04

$

1.26

$

0.07

Diluted

$

0.59

$

0.03

$

1.00

$

0.04