NYSE:KRPOil and Gas
Is Kimbell Royalty Partners (KRP) Pricing Reflecting Its Recent Strong Unit Performance
If you are wondering whether Kimbell Royalty Partners at around US$13.79 is offering fair value or an opportunity, you are in the right place.
The units have returned 2.7% over the last 7 days, 19.9% over the last 30 days, 14.6% year to date, 0.6% over 1 year, 21.5% over 3 years and 139.3% over 5 years, which raises fresh questions about how much is already reflected in the current price.
Recent attention on Kimbell Royalty Partners has centered on its position in the US energy royalty space...