How does KRP's PE Ratio compare to its peers?

KRP is expensive based on its Price-To-Earnings Ratio (33.2x) compared to the peer average (14.9x).

How does KRP's PE Ratio compare vs other companies in the US Oil and Gas Industry?

KRP is expensive based on its Price-To-Earnings Ratio (33.2x) compared to the US Oil and Gas industry average (11.8x).

What is KRP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KRP is expensive based on its Price-To-Earnings Ratio (33.2x) compared to the estimated Fair Price-To-Earnings Ratio (14.6x).

What is the Fair Price of KRP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

KRP ($15.89) is trading above our estimate of [[fair value]] ($12.93)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Kimbell Royalty Partners (NYSE:KRP) - Stock Price, News & Analysis

KRP Stock Overview

Engages in acquiring and owning mineral and royalty interests in oil and natural gas properties in the United States. More details

KRP fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	3/6
Past Performance	1/6
Financial Health	4/6
Dividends	3/6

Rewards

Earnings are forecast to grow 32.36% per year

Analysts in good agreement that stock price will rise by 25.9%

Risk Analysis

Large one-off items impacting financial results

Profit margins (11.9%) are lower than last year (32.4%)

Dividend of 10.57% is not well covered by earnings

Kimbell Royalty Partners, LP Competitors

Dorchester Minerals

NasdaqGS:DMLP

US$1.6b

Talos Energy

NYSE:TALO

US$2.0b

Kosmos Energy

NYSE:KOS

US$1.8b

Sabine Royalty Trust

NYSE:SBR

US$902.3m

Price History & Performance

Summary of all time highs, changes and price drops for Kimbell Royalty Partners
Historical stock prices
Current Share Price	US$15.89
52 Week High	US$17.07
52 Week Low	US$14.26
Beta	1.13
11 Month Change	-1.61%
3 Month Change	0.32%
1 Year Change	2.98%
33 Year Change	10.27%
5 Year Change	13.50%
Change since IPO	-23.01%

Recent updates

High-Quality Energy Income - Unlocking Double-Digit Yields With Kimbell Royalty Partners

May 26

Kimbell Royalty Partners: 2024 Production Guidance May Be Conservative

Apr 10

Kimbell Royalty Partners: Looking At Projected Results And Distribution For 2024

Jan 13

Kimbell Royalty Partners Is Worth Looking For The Right Entry Position

Dec 26

Kimbell Royalty Partners: Closes LongPoint Acquisition And Issues $325 Million In Preferred Units

Oct 12

Kimbell Royalty Partners: Yield May Reach 13% In 2024 With 75% Payout Ratio

Aug 03

Kimbell Royalty Partners: Recent Acquisition Adds Nearly 20% To Distributable Cash Flow Per Unit

May 28

Kimbell Royalty Partners Q4 2022 Earnings Preview

Feb 22

Kimbell Royalty Partners: Weak Near-Term NG Prices Weigh On 2023 Projections

Feb 15

Kimbell Royalty Partners: Bigger, But Not Better For Their Unitholders

Nov 09

Kimbell Royalty Partners Q3 2022 Earnings Preview

Nov 02

Kimbell Royalty Partners Should Deliver Quarterly Distributions Of Over $0.50 For A While

Sep 02

Kimbell Royalty Partners Q2 2022 Earnings Preview

Aug 03

Kimbell Royalty Partners Units Remain A Bargain Amid The Crude Oil Selloff

Jul 21

Kimbell Royalty Partners: Estimated $2.80 Per Unit In Distributable Cash Flow For 2022 And 2023

May 28

Shareholder Returns

	KRP	US Oil and Gas	US Market
7D	-2.7%	1.6%	-1.2%
1Y	3.0%	14.9%	30.4%

Return vs Industry: KRP underperformed the US Oil and Gas industry which returned 14.9% over the past year.

Return vs Market: KRP underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is KRP's price volatile compared to industry and market?
KRP volatility
KRP Average Weekly Movement	2.3%
Oil and Gas Industry Average Movement	5.3%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.5%
10% least volatile stocks in US Market	3.1%

Stable Share Price: KRP has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: KRP's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2015	n/a	Bob Ravnaas	www.kimbellrp.com

Kimbell Royalty Partners, LP, together with its subsidiaries, engages in acquiring and owning mineral and royalty interests in oil and natural gas properties in the United States. It serves as the general partner of the company. The company was incorporated in 2015 and is based in Fort Worth, Texas.

Kimbell Royalty Partners, LP Fundamentals Summary

How do Kimbell Royalty Partners's earnings and revenue compare to its market cap?
KRP fundamental statistics
Market cap	US$1.52b
Earnings (TTM)	US$38.73m
Revenue (TTM)	US$325.01m

33.2x

P/E Ratio

4.0x

P/S Ratio

Is KRP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KRP income statement (TTM)
Revenue	US$325.01m
Cost of Revenue	US$22.11m
Gross Profit	US$302.90m
Other Expenses	US$264.17m
Earnings	US$38.73m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.48
Gross Margin	93.20%
Net Profit Margin	11.92%
Debt/Equity Ratio	26.7%

How did KRP perform over the long term?

See historical performance and comparison

Dividends

10.6%

Current Dividend Yield

337%

Payout Ratio

Does KRP pay a reliable dividends?

See KRP dividend history and benchmarks

When do you need to buy KRP by to receive an upcoming dividend?
Kimbell Royalty Partners dividend dates
Ex Dividend Date	Nov 18 2024
Dividend Pay Date	Nov 25 2024
Days until Ex dividend	2 days
Days until Dividend pay date	5 days

Does KRP pay a reliable dividends?

See KRP dividend history and benchmarks

KRP Stock Overview

Rewards

Risk Analysis

Kimbell Royalty Partners, LP Competitors

NasdaqGS:DMLP

US$1.6b

NYSE:TALO

US$2.0b

NYSE:KOS

US$1.8b

NYSE:SBR

US$902.3m

Price History & Performance

Recent News & Updates

Consensus EPS estimates increase by 18%, revenue downgraded

Third quarter dividend of US$0.41 announced

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Kimbell Royalty Partners, LP Approves Cash Distribution for the Third Quarter Ended September 30, 2024, Payable on November 25, 2024

Consensus EPS estimates fall by 29%

Kimbell Royalty Partners, LP to Report Q3, 2024 Results on Nov 07, 2024

Recent updates

Consensus EPS estimates increase by 18%, revenue downgraded

Third quarter dividend of US$0.41 announced

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Kimbell Royalty Partners, LP Approves Cash Distribution for the Third Quarter Ended September 30, 2024, Payable on November 25, 2024

Consensus EPS estimates fall by 29%

Kimbell Royalty Partners, LP to Report Q3, 2024 Results on Nov 07, 2024

9% Yield At $70 WTI - The Power Of Kimbell Royalty Partners

New minor risk - Shareholder dilution

New minor risk - Shareholder dilution

New minor risk - Shareholder dilution

Kimbell Royalty Partners: The Case Of Sound 10%+ Yield Remains Intact

Consensus EPS estimates fall by 13%

New major risk - Earnings quality

Second quarter dividend of US$0.42 announced

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Kimbell Royalty Partners, LP Approves Cash Distribution for the Second Quarter of 2024, Payable on August 19, 2024

Consensus EPS estimates increase by 42%

Kimbell Royalty Partners: A De-Risked 11% Yielder To Buy

Director of Kimbell Royalty GP LLC recently sold US$445k worth of stock

New minor risk - Shareholder dilution

Kimbell Royalty Partners, LP to Report Q2, 2024 Results on Aug 01, 2024

High-Quality Energy Income - Unlocking Double-Digit Yields With Kimbell Royalty Partners

New major risk - Earnings quality

Key Executive recently sold US$826k worth of stock

Consensus EPS estimates fall by 22%

First quarter dividend increased to US$0.49

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Kimbell Royalty Partners, LP Approves Cash Distribution for the First Quarter of 2024, Payable on May 20, 2024

Consensus EPS estimates increase by 16%

Kimbell Royalty Partners: 2024 Production Guidance May Be Conservative

Kimbell Royalty Partners, LP to Report Q1, 2024 Results on May 02, 2024

New minor risk - Shareholder dilution

Key Executive recently sold US$1.2m worth of stock

Upcoming dividend of US$0.43 per share

Consensus EPS estimates fall by 20%

Fourth quarter dividend of US$0.43 announced

Kimbell Royalty Partners, LP Reports Impairment Charges for the Three Months Ended December 31, 2023

Consensus EPS estimates increase by 14%

New minor risk - Shareholder dilution

Kimbell Royalty Partners: Looking At Projected Results And Distribution For 2024

Kimbell Royalty Partners Is Worth Looking For The Right Entry Position

Kimbell Royalty Partners, LP to Report Q4, 2023 Results on Feb 21, 2024

Consensus EPS estimates fall by 19%

Kimbell Royalty Partners, LP Provides Production Guidance for the Fourth Quarter of 2023

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Kimbell Royalty Partners: Closes LongPoint Acquisition And Issues $325 Million In Preferred Units

Kimbell Royalty Partners, LP to Report Q3, 2023 Results on Nov 02, 2023

New major risk - Revenue and earnings growth

Kimbell Royalty Partners: Yield May Reach 13% In 2024 With 75% Payout Ratio

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates increase by 14%

Consensus EPS estimates fall by 24%, revenue upgraded

New major risk - Revenue and earnings growth

Kimbell Royalty Partners, LP to Report Q2, 2023 Results on Aug 03, 2023

New minor risk - Insider selling

Director of Kimbell Royalty GP LLC recently sold US$298k worth of stock

Kimbell Royalty Partners: Recent Acquisition Adds Nearly 20% To Distributable Cash Flow Per Unit

Kimbell Royalty Partners, LP (NYSE:KRP) and Kimbell Royalty Operating, LLC completed the acquisition of Mineral and royalty interests in Northern Midland Basin from MB Minerals, LP.

Consensus EPS estimates increase by 21%