Investor Presentaiton

Production and Net Royalty Acreage Overview Q2'21 Production from Some of the Most Economic Areas (Boe/d)(1) Other 9% Other 25% Net Royalty Acres (2) Rockies 7% Haynesville 25% Bakken 5% Rockies <1% 14,011 Boe/d Eagle Ford 10% Eagle Ford 5% 145,855 Appalachia 15% Bakken 4% Permian 17% Mid-Continent 12% Haynesville 5% (1) (2) Shown on a 6:1 basis. Q2'21 run-rate average daily production excludes prior period production of 382 boe/d recognized in Q2'21. Acreage as of 6/30/2021. 34 Mid-Continent 28% Permian 16% Appalachia 16% KIMBELL ROYALTY PARTNERS

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