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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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NYSE:KRP

Kimbell Royalty Partners Stock Forecast, Price & News

$10.72
-0.06 (-0.56 %)
(As of 03/5/2021 12:00 AM ET)
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Today's Range
$10.36
Now: $10.72
$11.00
50-Day Range
$8.30
MA: $9.34
$10.89
52-Week Range
$3.51
Now: $10.72
$11.04
Volume113,813 shs
Average Volume196,279 shs
Market Capitalization$640.28 million
P/E RatioN/A
Dividend Yield6.99%
Beta2.14
Kimbell Royalty Partners, LP acquires and owns mineral and royalty interests in oil and natural gas properties in the United States. As of December 31, 2019, the company owned mineral and royalty interests in approximately 8.9 million gross acres and overriding royalty interests in approximately 4.6 million gross acres. Its mineral and royalty interests are located in 28 states and include ownership in approximately 94,000 gross producing wells, including approximately 40,000 wells in the Permian Basin. Kimbell Royalty GP, LLC serves as the general partner of the company. Kimbell Royalty Partners, LP was founded in 2013 and is based in Fort Worth, Texas.
Kimbell Royalty Partners logo

Headlines

Kimbell Royalty Partners LP to Host Earnings Call
February 25, 2021 |  finance.yahoo.com
Kimbell Royalty Partners goes ex-dividend tomorrow
October 29, 2020 |  seekingalpha.com
Kimbell Royalty Partners EPS of -$1.39
August 6, 2020 |  seekingalpha.com
See More Headlines

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
CUSIPN/A
Phone817-945-9700
EmployeesN/A
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$108.22 million
Cash Flow$2.69 per share
Book Value$10.45 per share

Profitability

Net Income$-69,060,000.00
Net Margins-165.60%

Miscellaneous

Market Cap$640.28 million
Next Earnings Date5/6/2021 (Estimated)
OptionableNot Optionable

MarketRank

Overall MarketRank

1.49 out of 5 stars

Oils/Energy Sector

130th out of 668 stocks

Crude Petroleum & Natural Gas Industry

43rd out of 247 stocks

Analyst Opinion: 1.5Community Rank: 2.8Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -
$10.72
-0.06 (-0.56 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Kimbell Royalty Partners (NYSE:KRP) Frequently Asked Questions

Is Kimbell Royalty Partners a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kimbell Royalty Partners in the last year. There are currently 1 hold rating, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Kimbell Royalty Partners stock.
View analyst ratings for Kimbell Royalty Partners
or view top-rated stocks.

What stocks does MarketBeat like better than Kimbell Royalty Partners?

Wall Street analysts have given Kimbell Royalty Partners a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Kimbell Royalty Partners wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Kimbell Royalty Partners?

Kimbell Royalty Partners saw a drop in short interest in the month of February. As of February 12th, there was short interest totaling 245,900 shares, a drop of 19.1% from the January 28th total of 304,100 shares. Based on an average daily trading volume, of 208,600 shares, the short-interest ratio is presently 1.2 days. Currently, 1.2% of the shares of the company are sold short.
View Kimbell Royalty Partners' Short Interest
.

When is Kimbell Royalty Partners' next earnings date?

Kimbell Royalty Partners is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for Kimbell Royalty Partners
.

How were Kimbell Royalty Partners' earnings last quarter?

Kimbell Royalty Partners, LP (NYSE:KRP) released its earnings results on Thursday, May, 7th. The energy company reported ($1.29) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.01) by $1.28. The energy company had revenue of $35.95 million for the quarter, compared to analysts' expectations of $26.14 million. Kimbell Royalty Partners had a positive trailing twelve-month return on equity of 3.85% and a negative net margin of 165.60%.
View Kimbell Royalty Partners' earnings history
.

How has Kimbell Royalty Partners' stock been impacted by Coronavirus?

Kimbell Royalty Partners' stock was trading at $8.38 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, KRP stock has increased by 27.9% and is now trading at $10.72.
View which stocks have been most impacted by COVID-19
.

How often does Kimbell Royalty Partners pay dividends? What is the dividend yield for Kimbell Royalty Partners?

Kimbell Royalty Partners announced a quarterly dividend on Saturday, January 23rd. Shareholders of record on Monday, February 1st will be given a dividend of $0.265 per share on Monday, February 8th. This represents a $1.06 annualized dividend and a dividend yield of 9.89%. The ex-dividend date of this dividend is Friday, January 29th.
View Kimbell Royalty Partners' dividend history
.

Is Kimbell Royalty Partners a good dividend stock?

Kimbell Royalty Partners pays an annual dividend of $0.76 per share and currently has a dividend yield of 6.99%. KRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Kimbell Royalty Partners does not yet have a strock track record of dividend growth. The dividend payout ratio of Kimbell Royalty Partners is 22.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Kimbell Royalty Partners will have a dividend payout ratio of 1,520.00% in the coming year. This indicates that Kimbell Royalty Partners may not be able to sustain their current dividend.
View Kimbell Royalty Partners' dividend history.

What price target have analysts set for KRP?

8 Wall Street analysts have issued 1-year price targets for Kimbell Royalty Partners' shares. Their forecasts range from $7.00 to $14.00. On average, they anticipate Kimbell Royalty Partners' share price to reach $11.13 in the next year. This suggests a possible upside of 3.8% from the stock's current price.
View analysts' price targets for Kimbell Royalty Partners
or view top-rated stocks among Wall Street analysts.

Who are Kimbell Royalty Partners' key executives?

Kimbell Royalty Partners' management team includes the following people:
  • Mr. Robert Dean Ravnaas, CEO & Chairman of Kimbell Royalty GP LLC (Age 63, Pay $946.07k)
  • Mr. Brett G. Taylor, Exec. Vice Chairman of Kimbell Royalty GP LLC (Age 60, Pay $526.86k)
  • Mr. Robert Davis Ravnaas, Pres, CFO & VP of Bus. Devel. at Kimbell Royalty GP LLC (Age 35, Pay $816.99k)
  • Mr. Matthew S. Daly, COO & Sec. of Kimbell Royalty GP LLC (Age 48, Pay $611.18k)
  • Mr. R. Blayne Rhynsburger, Controller of Kimbell Royalty GP LLC (Age 34)

Who are some of Kimbell Royalty Partners' key competitors?

What other stocks do shareholders of Kimbell Royalty Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Kimbell Royalty Partners investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), AT&T (T), Wells Fargo & Company (WFC), Pfizer (PFE), AbbVie (ABBV), The Walt Disney (DIS), Enbridge (ENB), Raytheon Technologies (RTX) and New York Mortgage Trust (NYMT).

When did Kimbell Royalty Partners IPO?

(KRP) raised $100 million in an initial public offering (IPO) on Friday, February 3rd 2017. The company issued 5,000,000 shares at $19.00-$21.00 per share. Raymond James, RBC Capital Markets and Stifel served as the underwriters for the IPO and Stephens and Wunderlich were co-managers.

What is Kimbell Royalty Partners' stock symbol?

Kimbell Royalty Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "KRP."

Who are Kimbell Royalty Partners' major shareholders?

Kimbell Royalty Partners' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include G.F.W. Energy XI L.P. (5.25%), Price T Rowe Associates Inc. MD (4.25%), HITE Hedge Asset Management LLC (0.66%), Pin Oak Investment Advisors Inc. (0.32%), Raymond James Financial Services Advisors Inc. (0.30%) and Renaissance Technologies LLC (0.24%). Company insiders that own Kimbell Royalty Partners stock include Brett G Taylor, Erik B Daugbjerg, Jeff Mcinnis, Kkr Upstream Associates Llc, Matthew S Daly, Minerals & Royalties Haymaker, Mitch S Wynne, Peter Alcorn, Robert D Ravnaas, Robert Davis Ravnaas and William H Adams III.
View institutional ownership trends for Kimbell Royalty Partners
.

Which major investors are selling Kimbell Royalty Partners stock?

KRP stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, TSP Capital Management Group LLC, HITE Hedge Asset Management LLC, Pin Oak Investment Advisors Inc., Steward Partners Investment Advisory LLC, B. Riley Wealth Management Inc., and Truist Financial Corp.
View insider buying and selling activity for Kimbell Royalty Partners
or view top insider-selling stocks.

Which major investors are buying Kimbell Royalty Partners stock?

KRP stock was acquired by a variety of institutional investors in the last quarter, including G.F.W. Energy XI L.P., Renaissance Technologies LLC, MTM Investment Management LLC, Arrow Investment Advisors LLC, Cerity Partners LLC, Wells Fargo & Company MN, ExodusPoint Capital Management LP, and Oppenheimer & Co. Inc.. Company insiders that have bought Kimbell Royalty Partners stock in the last two years include Brett G Taylor, Erik B Daugbjerg, Matthew S Daly, Mitch S Wynne, Peter Alcorn, Robert D Ravnaas, Robert Davis Ravnaas, and William H Adams III.
View insider buying and selling activity for Kimbell Royalty Partners
or or view top insider-buying stocks.

How do I buy shares of Kimbell Royalty Partners?

Shares of KRP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Kimbell Royalty Partners' stock price today?

One share of KRP stock can currently be purchased for approximately $10.72.

How much money does Kimbell Royalty Partners make?

Kimbell Royalty Partners has a market capitalization of $640.28 million and generates $108.22 million in revenue each year. The energy company earns $-69,060,000.00 in net income (profit) each year or $3.37 on an earnings per share basis.

What is Kimbell Royalty Partners' official website?

The official website for Kimbell Royalty Partners is www.kimbellrp.com.

Where are Kimbell Royalty Partners' headquarters?

Kimbell Royalty Partners is headquartered at 777 TAYLOR STREET SUITE 810, FORT WORTH TX, 76102.

How can I contact Kimbell Royalty Partners?

Kimbell Royalty Partners' mailing address is 777 TAYLOR STREET SUITE 810, FORT WORTH TX, 76102. The energy company can be reached via phone at 817-945-9700 or via email at [email protected]


This page was last updated on 3/6/2021 by MarketBeat.com Staff

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