KRP Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
Kimbell Royalty Partners, LP Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$15.56 |
| 52 Week High | US$17.69 |
| 52 Week Low | US$13.85 |
| Beta | 1.34 |
| 1 Month Change | -6.27% |
| 3 Month Change | -0.95% |
| 1 Year Change | -10.57% |
| 3 Year Change | 64.13% |
| 5 Year Change | -9.59% |
| Change since IPO | -24.61% |
Recent News & Updates
Recent updates
Kimbell Royalty Partners: Closes LongPoint Acquisition And Issues $325 Million In Preferred Units
Oct 12Kimbell Royalty Partners: Yield May Reach 13% In 2024 With 75% Payout Ratio
Aug 03Kimbell Royalty Partners: Recent Acquisition Adds Nearly 20% To Distributable Cash Flow Per Unit
May 28Kimbell Royalty Partners Q4 2022 Earnings Preview
Feb 22Kimbell Royalty Partners: Weak Near-Term NG Prices Weigh On 2023 Projections
Feb 15Kimbell Royalty Partners: Bigger, But Not Better For Their Unitholders
Nov 09Kimbell Royalty Partners Q3 2022 Earnings Preview
Nov 02Kimbell Royalty Partners Should Deliver Quarterly Distributions Of Over $0.50 For A While
Sep 02Kimbell Royalty Partners Q2 2022 Earnings Preview
Aug 03Kimbell Royalty Partners Units Remain A Bargain Amid The Crude Oil Selloff
Jul 21Kimbell Royalty Partners: Estimated $2.80 Per Unit In Distributable Cash Flow For 2022 And 2023
May 28Kimbell Royalty Partners: Business-As-Usual During 2022, Albeit Very Profitable With A 10%+ Yield
Mar 13Kimbell Royalty Partners: A Look At Its Potential 2022 Results
Dec 31Kimbell Royalty Partners: Potential $0.45 Distribution For Q4 2021
Oct 30Kimbell Royalty Partners: May Have Nearly 20 Years Of Drilling Inventory
Jul 15Kimbell Royalty Partners, LP 2021 Q1 - Results - Earnings Call Presentation
May 10Kimbell Royalty Partners: Improved Natural Gas Prices Should Result In A Stronger 2021
Nov 14Kimbell Royalty Partners, LP 2020 Q3 - Results - Earnings Call Presentation
Nov 06Kimbell Royalty Partners EPS misses by $0.48, misses on revenue
Nov 05Kimbell Royalty Partners goes ex-dividend tomorrow
Oct 29Shareholder Returns
| KRP | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | 0.2% | 0.1% | 1.1% |
| 1Y | -10.6% | -4.6% | 11.7% |
Return vs Industry: KRP underperformed the US Oil and Gas industry which returned -4.6% over the past year.
Return vs Market: KRP underperformed the US Market which returned 11.9% over the past year.
Price Volatility
| KRP volatility | |
|---|---|
| KRP Average Weekly Movement | 2.9% |
| Oil and Gas Industry Average Movement | 5.2% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: KRP is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: KRP's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | n/a | Bob Ravnaas | https://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. The company serves as the general partner of the company. Kimbell Royalty Partners, LP was incorporated in 2015 and is based in Fort Worth, Texas.
Kimbell Royalty Partners, LP Fundamentals Summary
| KRP fundamental statistics | |
|---|---|
| Market Cap | US$1.47b |
| Earnings (TTM) | US$80.77m |
| Revenue (TTM) | US$254.11m |
14.2x
P/E Ratio4.5x
P/S RatioIs KRP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| KRP income statement (TTM) | |
|---|---|
| Revenue | US$254.11m |
| Cost of Revenue | US$17.37m |
| Gross Profit | US$236.75m |
| Other Expenses | US$155.98m |
| Earnings | US$80.77m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.09 |
| Gross Margin | 93.17% |
| Net Profit Margin | 31.78% |
| Debt/Equity Ratio | 29.3% |
How did KRP perform over the long term?
See historical performance and comparison