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Kimbell Royalty Partners NYSE:KRP Stock Report

Last Price

US$16.78

Market Cap

US$1.6b

7D

-1.2%

1Y

11.6%

Updated

19 Jul, 2024

Data

Company Financials +

Kimbell Royalty Partners, LP

NYSE:KRP Stock Report

Market Cap: US$1.6b

Kimbell Royalty Partners, LP Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Kimbell Royalty Partners
Historical stock prices
Current Share PriceUS$16.78
52 Week HighUS$17.11
52 Week LowUS$14.02
Beta1.13
11 Month Change3.71%
3 Month Change4.29%
1 Year Change11.57%
33 Year Change42.81%
5 Year Change4.22%
Change since IPO-18.70%

Recent News & Updates

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

Jun 23

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

May 26

Recent updates

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

Jun 23

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

Kimbell Royalty Partners: Business-As-Usual During 2022, Albeit Very Profitable With A 10%+ Yield

Mar 13

Kimbell Royalty Partners: A Look At Its Potential 2022 Results

Dec 31

Kimbell Royalty Partners: Potential $0.45 Distribution For Q4 2021

Oct 30

Shareholder Returns

KRPUS Oil and GasUS Market
7D-1.2%1.6%-1.9%
1Y11.6%11.8%19.4%

Return vs Industry: KRP underperformed the US Oil and Gas industry which returned 13.7% over the past year.

Return vs Market: KRP underperformed the US Market which returned 20.2% over the past year.

Price Volatility

Is KRP's price volatile compared to industry and market?
KRP volatility
KRP Average Weekly Movement3.2%
Oil and Gas Industry Average Movement4.9%
Market Average Movement5.9%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market2.9%

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

Volatility Over Time: KRP's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2015n/aBob Ravnaaswww.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 capUS$1.60b
Earnings (TTM)US$41.56m
Revenue (TTM)US$303.26m

30.1x

P/E Ratio

4.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KRP income statement (TTM)
RevenueUS$303.26m
Cost of RevenueUS$22.58m
Gross ProfitUS$280.68m
Other ExpensesUS$239.12m
EarningsUS$41.56m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 01, 2024

Earnings per share (EPS)0.56
Gross Margin92.55%
Net Profit Margin13.71%
Debt/Equity Ratio28.8%

How did KRP perform over the long term?

See historical performance and comparison

Dividends

10.0%

Current Dividend Yield

302%

Payout Ratio
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