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Kimbell Royalty Partners Lp (KRP)
NYSE:KRP
RESEARCH TOOLSreports
KRP Stock Chart & Stats
Day’s Range― - ―
52-Week Range$14.95 - $17.07
Previous CloseN/A
Volume2.78M
Average Volume (3M)955.24K
Market Cap
$3.13B
Enterprise Value$2.50B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)45.5
Beta0.60
Next Earnings
Feb 27, 2025EPS Estimate
0.17Last Dividend Ex-Date
Nov 18, 2024Dividend Yield11.07%
Share Statistics
EPS (TTM)0.35
Shares Outstanding90,969,650
10 Day Avg. Volume692,088
30 Day Avg. Volume955,236
Standard Deviation0.12
R-Squared0.21
Alpha0.00530
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.66
Price to Cash Flow (P/CF)6.10
P/FCF Ratio6.10
Enterprise Value/Market Cap0.80
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit16.01
Enterprise Value/Ebitda11.30
Forecast
1Y Price Target
$21.00Price Target Upside31.74% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
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Kimbell Royalty Partners News
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Bulls Say, Bears Say
Bulls Say
Analyst RecommendationThe analyst has issued a 'BUY' rating for the stock.
Financial PerformanceKimbell reported another solid quarter with virtually unchanged cash distributions despite notably sequentially weaker oil prices.
Strategic PotentialKRP 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.
Bears Say
Asset ValuationThe deal is considered slightly overvalued by $8 million based on the price deck.
Inventory ConcernsThe inventory depth of the new assets is estimated at 11 years, which is less than KRP's standalone inventory of 15 years.
Production ChallengesThe net wells needed to hold production flat have increased by 12% to 6.5.
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Ownership Overview
5.10% Insiders
3.39% Mutual Funds
13.96% Other Institutional Investors
69.78% 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.
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KRP FAQ
What was Kimbell Royalty Partners Lp’s price range in the past 12 months?
Kimbell Royalty Partners Lp lowest stock price was $14.95 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 $3.13B.
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 5 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 $0.409 which represents an annual dividend yield of 11.07%. 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?
Currently, no hedge funds are holding shares in KRP
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Kimbell Royalty Partners Stock Smart Score
Neutral
1
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5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$21.00 (31.74% Upside)
$21.00 (31.74% Upside)
Blogger Sentiment
Bullish
KRP Sentiment 100%
Sector Average 69%
Sector Average 69%
Insider Transactions
Sold Shares
Worth $82.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
15.74%
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.
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KRP Company Deck
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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
$21.00
▲(31.74% Upside)
Technical Analysis
Dorchester Minerals
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Sabine Royalty
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Cross Timbers Royalty
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Mesa Royalty
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Black Stone Minerals
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Best Analysts Covering KRP
1 Year
1 Year Success Rate
16/22 ratings generated profit
1 Year Average Return
+35.98%
reiterated a buy rating last month
Copying John Freeman's trades and holding each position for 1 Year would result in 72.73% of your transactions generating a profit, with an average return of +35.98% per trade.
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