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Investor Presentaiton

Kimbell's Rig Count Growth Over Time Active Rigs on Acreage by Basin (1) Bakken 12% Appalachia Eagle Ford 6% Rig Count Change since Q1 2017 2% 24 24 50 Rigs Permian 46% 1 1 3 4 Haynesville 22% 15 Mid-Continent 12% 50 3 1 11 616 23 23 1Q'17 2Q'21 ■Permian Eagle Ford ■Mid-Continent ■Rockies Haynesville Appalachia Kimbell's Rig Count and Market Share Growth Bakken Other 9.1% 9.6% 9.8% 10.4% 10.6% 11.6% 12.0% 11.7% 11.8% 10.9% 6.9% 7.3% 89 89 82 3.0% 2.6% 2.3% 2.1% 2.4% 2.5% 81 77 75 71 24 24 21 23 25 19 29 29 49 39 30 50 50 1Q'17 2Q'17 3Q'17 4Q'17 1Q'18 2Q'18 3Q'18 4Q'18 1Q'19 Total KRP Rig Count 2Q'19 3Q'19 4Q'19 1Q'20 2Q'20 3Q'20 4Q'20 1Q'21 2Q'21 KRP Market Share % (2) Defined as total rigs running on Kimbell's acreage as of 6/30/2021 divided by the Baker Hughes U.S. land rig count of 459 as of 7/2/2021. (1) Rig count as of 6/30/2021. (2) 12 KIMBELL ROYALTY PARTNERS
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