Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Kimbell Royalty Partners Lp (KRP)
NYSE:KRP
RESEARCH TOOLSreports
Holding KRP?
Track your performance easily
KRP Stock Chart & Stats
Day’s Range― - ―
52-Week Range$14.26 - $17.07
Previous CloseN/A
Volume2.78M
Average Volume (3M)804.41K
Market Cap
$3.14B
Enterprise Value$2.50B
Total Cash (Recent Filing)$505.88K
Total Debt (Recent Filing)$10.60M
Price to Earnings (P/E)45.9
Beta0.58
Next Earnings
Feb 27, 2025EPS Estimate
0.17Last Dividend Ex-Date
Nov 18, 2024Dividend Yield10.96%
Share Statistics
EPS (TTM)0.35
Shares Outstanding90,969,650
10 Day Avg. Volume1,338,150
30 Day Avg. Volume804,410
Standard Deviation0.13
R-Squared0.21
Alpha0.00409
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.73
Price to Cash Flow (P/CF)6.10
P/FCF Ratio6.10
Enterprise Value/Market Cap0.80
Enterprise Value/Revenue7.87
Enterprise Value/Gross Profit16.01
Enterprise Value/Ebitda12.06
Forecast
1Y Price Target
$20.50Price Target Upside28.29% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Kimbell Royalty Partners News
PremiumCompany Announcements
Kimbell Royalty Partners Boosts Portfolio with Major Acquisition
PremiumStock Analysis & Ideas
Seeking Up to 10% Dividend Yield? Analysts Suggest 2 Dividend Stocks to BuyBulls Say, Bears Say
Bulls Say
AcquisitionsAnalyst's recommendation suggests KRP could become more acquisitive as M&A generally picks up toward year end with the company having ample dry powder to complete a strategic deal.
EarningsThe stock is expected to benefit from the updated commodity price outlook.
Operational PerformanceKimbell reported another solid quarter with virtually unchanged cash distributions despite notably sequentially weaker oil prices.
Bears Say
Inventory DepthThe inventory depth of the new assets is estimated at 11 years, which is less than KRP's standalone inventory of 15 years.
Production EfficiencyThe net wells needed to hold production flat have increased by 12% to 6.5.
ValuationThe deal is considered slightly overvalued by $8 million based on the price deck.
---
Ownership Overview
5.10% Insiders
3.30% Mutual Funds
0.23% Other Institutional Investors
83.86% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
KRP FAQ
What was Kimbell Royalty Partners Lp’s price range in the past 12 months?
Kimbell Royalty Partners Lp lowest stock price was $14.26 and its highest was $17.07 in the past 12 months.
What is Kimbell Royalty Partners Lp’s market cap?
Kimbell Royalty Partners Lp’s market cap is $3.14B.
When is Kimbell Royalty Partners Lp’s upcoming earnings report date?
Kimbell Royalty Partners Lp’s upcoming earnings report date is Feb 27, 2025 which is in 40 days.
How were Kimbell Royalty Partners Lp’s earnings last quarter?
Kimbell Royalty Partners Lp released its earnings results on Nov 07, 2024. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.204 by $0.016.
Is Kimbell Royalty Partners Lp overvalued?
According to Wall Street analysts Kimbell Royalty Partners Lp’s price is currently Undervalued.
Does Kimbell Royalty Partners Lp pay dividends?
Kimbell Royalty Partners Lp pays a Quarterly dividend of $1.748 which represents an annual dividend yield of 10.96%. See more information on Kimbell Royalty Partners Lp dividends here
What is Kimbell Royalty Partners Lp’s EPS estimate?
Kimbell Royalty Partners Lp’s EPS estimate is 0.17.
How many shares outstanding does Kimbell Royalty Partners Lp have?
Kimbell Royalty Partners Lp has 90,969,650 shares outstanding.
What happened to Kimbell Royalty Partners Lp’s price movement after its last earnings report?
Kimbell Royalty Partners Lp reported an EPS of $0.22 in its last earnings report, beating expectations of $0.204. Following the earnings report the stock price went up 2.757%.
Which hedge fund is a major shareholder of Kimbell Royalty Partners Lp?
Among the largest hedge funds holding Kimbell Royalty Partners Lp’s share is Royce & Associates LLC. It holds Kimbell Royalty Partners Lp’s shares valued at 897K.
---
Kimbell Royalty Partners Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$20.50 (28.29% Upside)
$20.50 (28.29% Upside)
Blogger Sentiment
Bullish
KRP Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 3.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $82.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.8%
Last 30 Days ▼ 1.1%
Last 30 Days ▼ 1.1%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.24%
12-Months-Change
Fundamentals
Return on Equity
6.44%
Trailing 12-Months
Asset Growth
-12.60%
Trailing 12-Months
Company Description
Kimbell Royalty Partners Lp
Kimbell Royalty Partners LP engages in owning and acquiring mineral and royalty interests in oil and natural gas properties. The company was founded on October 30, 2015 and is headquartered in Fort Worth, TX.
---
KRP Company Deck
---
KRP Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted strong operational and financial performance, with significant achievements in drilling activity, record lease bonuses, and a robust financial position. However, there were some concerns regarding a reduction in permits and a strategic delay in the redemption of preferred stock. Overall, the positive aspects notably outweigh the challenges.Read More>---
KRP Stock 12 Month Forecast
Average Price Target
$20.50
▲(28.29% Upside)
Technical Analysis
Viper Energy
―
Black Stone Minerals
―
Dorchester Minerals
―
Sabine Royalty
―
NGL Energy Partners
―
Range Resources
―
Best Analysts Covering KRP
1 Year
1 Year Success Rate
5/5 ratings generated profit
1 Year Average Return
+51.08%
reiterated a buy rating 11 months ago
Copying Aaron Bilkoski's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +51.08% per trade.
---