Kimbell Royalty Partners Future Growth

Future criteria checks 3/6

Kimbell Royalty Partners is forecast to grow earnings and revenue by 34.9% and 6.7% per annum respectively. EPS is expected to grow by 25.4% per annum. Return on equity is forecast to be 5.2% in 3 years.

Key information

34.9%

Earnings growth rate

25.4%

EPS growth rate

Oil and Gas earnings growth	5.0%
Revenue growth rate	6.7%
Future return on equity	5.2%
Analyst coverage	Low
Last updated	06 May 2024

Recent future growth updates

Recent updates

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 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

Kimbell Royalty Partners: May Have Nearly 20 Years Of Drilling Inventory

Jul 15

Kimbell Royalty Partners, LP 2021 Q1 - Results - Earnings Call Presentation

May 10

Earnings and Revenue Growth Forecasts

NYSE:KRP - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	355	110	275	234	2
12/31/2025	362	91	261	233	4
12/31/2024	329	58	241	217	3
3/31/2024	303	42	-294	196	N/A
12/31/2023	273	62	-317	174	N/A
9/30/2023	254	81	-478	154	N/A
6/30/2023	255	106	-16	169	N/A
3/31/2023	277	127	36	178	N/A
12/31/2022	285	95	25	167	N/A
9/30/2022	272	86	95	150	N/A
6/30/2022	247	49	69	124	N/A
3/31/2022	208	14	56	112	N/A
12/31/2021	178	23	35	91	N/A
9/30/2021	152	-60	81	83	N/A
6/30/2021	127	-79	68	71	N/A
3/31/2021	104	-129	-23	57	N/A
12/31/2020	93	-167	-26	62	N/A
9/30/2020	94	-156	-33	65	N/A
6/30/2020	100	-155	-22	77	N/A
3/31/2020	113	-119	64	86	N/A
12/31/2019	110	-83	68	81	N/A
9/30/2019	106	-33	75	79	N/A
6/30/2019	97	-21	-134	58	N/A
3/31/2019	79	-8	-171	42	N/A
12/31/2018	67	-57	-178	33	N/A
9/30/2018	54	-54	-196	23	N/A
6/30/2018	41	-50	-10	24	N/A
3/31/2018	37	-51	-4	23	N/A
12/31/2017	31	1	N/A	19	N/A
9/30/2017	22	0	N/A	14	N/A
6/30/2017	15	-1	N/A	9	N/A
3/31/2017	8	-2	N/A	4	N/A
12/31/2016	4	-6	N/A	1	N/A
9/30/2016	4	-10	N/A	1	N/A
6/30/2016	4	-17	N/A	2	N/A
3/31/2016	4	-17	N/A	2	N/A
12/31/2015	5	-31	N/A	3	N/A
9/30/2015	5	-30	N/A	3	N/A
6/30/2015	6	-24	N/A	4	N/A
3/31/2015	7	-24	N/A	4	N/A
12/31/2014	7	-7	N/A	4	N/A
12/31/2013	5	-4	N/A	1	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: KRP's forecast earnings growth (34.9% per year) is above the savings rate (2.4%).

Earnings vs Market: KRP's earnings (34.9% per year) are forecast to grow faster than the US market (14.6% per year).

High Growth Earnings: KRP's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: KRP's revenue (6.7% per year) is forecast to grow slower than the US market (8.3% per year).

High Growth Revenue: KRP's revenue (6.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: KRP's Return on Equity is forecast to be low in 3 years time (5.2%).

Kimbell Royalty Partners Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 22%

Consensus EPS estimates increase by 16%

Consensus EPS estimates fall by 20%

Consensus EPS estimates increase by 14%

Consensus EPS estimates fall by 19%

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

Recent updates

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%

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Kimbell Royalty Partners, LP Reaffirms Production Guidance for the Year 2023

Consensus EPS estimates increase by 25%

Consensus revenue estimates increase by 11%

Consensus EPS estimates fall by 32%

Consensus revenue estimates decrease by 10%

Consensus EPS estimates fall by 27%

Upcoming dividend of US$0.48 per share at 13% yield

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Kimbell Royalty Partners Q4 2022 Earnings Preview

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

Kimbell Royalty Partners, LP to Report Q4, 2022 Results on Feb 23, 2023

Board Member recently bought US$100k worth of stock

Less than half of directors are independent

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

Kimbell Royalty Partners, LP has completed a Follow-on Equity Offering in the amount of $106.5 million.

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Kimbell Royalty Partners Q3 2022 Earnings Preview

Consensus forecasts updated

Kimbell Royalty Partners, LP to Report Q3, 2022 Results on Nov 03, 2022

Key Executive recently sold US$510k worth of stock

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

Consensus revenue estimates increase by 22%

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Kimbell Royalty Partners Q2 2022 Earnings Preview

Consensus forecasts updated

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

Investor sentiment deteriorated over the past week

Kimbell Royalty Partners, LP to Report Q2, 2022 Results on Aug 04, 2022

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

Consensus EPS estimates fall by 12%

First quarter 2022 earnings: EPS and revenues miss analyst expectations