KRP Stock Overview
Engages in acquiring and owning mineral and royalty interests in oil and natural gas properties in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
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Kimbell Royalty Partners, LP Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$15.41 |
| 52 Week High | US$17.07 |
| 52 Week Low | US$14.26 |
| Beta | 1.1 |
| 1 Month Change | -3.69% |
| 3 Month Change | -3.69% |
| 1 Year Change | 1.05% |
| 3 Year Change | 14.74% |
| 5 Year Change | -9.19% |
| Change since IPO | -25.34% |
Recent News & Updates
Recent updates
Kimbell Royalty Partners: New Permian Wells Should Boost Production And Oil Cut
Nov 299% Yield At $70 WTI - The Power Of Kimbell Royalty Partners
Sep 23Kimbell Royalty Partners: The Case Of Sound 10%+ Yield Remains Intact
Aug 23Kimbell Royalty Partners: A De-Risked 11% Yielder To Buy
Jun 23High-Quality Energy Income - Unlocking Double-Digit Yields With Kimbell Royalty Partners
May 26Kimbell Royalty Partners: 2024 Production Guidance May Be Conservative
Apr 10Kimbell Royalty Partners: Looking At Projected Results And Distribution For 2024
Jan 13Kimbell Royalty Partners Is Worth Looking For The Right Entry Position
Dec 26Kimbell 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 28Shareholder Returns
| KRP | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -3.1% | -6.6% | -3.5% |
| 1Y | 1.0% | 1.7% | 22.1% |
Return vs Industry: KRP matched the US Oil and Gas industry which returned 1.7% over the past year.
Return vs Market: KRP underperformed the US Market which returned 22.1% over the past year.
Price Volatility
| KRP volatility | |
|---|---|
| KRP Average Weekly Movement | 2.2% |
| Oil and Gas Industry Average Movement | 5.3% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.0% |
| 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
| KRP fundamental statistics | |
|---|---|
| Market cap | US$1.47b |
| Earnings (TTM) | US$38.73m |
| Revenue (TTM) | US$325.01m |
32.2x
P/E Ratio3.8x
P/S RatioIs KRP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 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
Feb 27, 2025
| 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 comparisonDividends
10.9%
Current Dividend Yield337%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 22:21 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kimbell Royalty Partners, LP is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Abbott | BofA Global Research |
| Noah Hungness | BofA Global Research |
| Paul Diamond | Citigroup Inc |