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Kimbell Royalty Partners Stock Price, Forecast & Analysis (NYSE:KRP)

$14.04
0.00 (0.00 %)
(As of 11/17/2019 03:06 PM ET)
Today's Range
$13.89
Now: $14.04
$14.17
50-Day Range
$13.63
MA: $14.15
$14.75
52-Week Range
$13.01
Now: $14.04
$18.80
Volume226,458 shs
Average Volume118,064 shs
Market Capitalization$330.22 million
P/E RatioN/A
Dividend Yield11.97%
Beta1.44
Kimbell Royalty Partners, LP owns and acquires mineral and royalty interests in oil and natural gas properties in the United States. As of December 31, 2018, the company owned mineral and royalty interests in approximately 7.8 million gross acres and overriding royalty interests in approximately 4.4 million gross acres. Its mineral and royalty interests are located in 28 states and include ownership in approximately 86,000 gross producing wells, including approximately 38,000 wells in the Permian Basin. Read More…

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone817-945-9700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$70.26 million
Cash Flow$0.73 per share
Book Value$27.80 per share

Profitability

Net Income$-50,430,000.00

Miscellaneous

EmployeesN/A
Market Cap$330.22 million
Next Earnings Date3/5/2020 (Estimated)
OptionableNot Optionable

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Kimbell Royalty Partners (NYSE:KRP) Frequently Asked Questions

What is Kimbell Royalty Partners' stock symbol?

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

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 Friday, October 25th. Shareholders of record on Monday, November 4th will be given a dividend of $0.42 per share on Monday, November 11th. This represents a $1.68 annualized dividend and a yield of 11.97%. The ex-dividend date is Friday, November 1st. This is a positive change from Kimbell Royalty Partners's previous quarterly dividend of $0.39. View Kimbell Royalty Partners' Dividend History.

How were Kimbell Royalty Partners' earnings last quarter?

Kimbell Royalty Partners LP (NYSE:KRP) released its earnings results on Thursday, November, 7th. The energy company reported ($0.73) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by $0.80. The energy company had revenue of $32.98 million for the quarter, compared to analyst estimates of $29.53 million. Kimbell Royalty Partners had a positive return on equity of 4.66% and a negative net margin of 26.36%. View Kimbell Royalty Partners' Earnings History.

When is Kimbell Royalty Partners' next earnings date?

Kimbell Royalty Partners is scheduled to release their next quarterly earnings announcement on Thursday, March 5th 2020. View Earnings Estimates for Kimbell Royalty Partners.

What price target have analysts set for KRP?

8 brokerages have issued 1-year price objectives for Kimbell Royalty Partners' stock. Their forecasts range from $18.00 to $23.00. On average, they expect Kimbell Royalty Partners' stock price to reach $20.38 in the next twelve months. This suggests a possible upside of 45.1% from the stock's current price. View Analyst Price Targets for Kimbell Royalty Partners.

What is the consensus analysts' recommendation for Kimbell Royalty Partners?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kimbell Royalty Partners in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Kimbell Royalty Partners.

Has Kimbell Royalty Partners been receiving favorable news coverage?

News stories about KRP stock have been trending extremely negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Kimbell Royalty Partners earned a coverage optimism score of -5.0 on InfoTrie's scale. They also gave headlines about the energy company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the next several days. View News Stories for Kimbell Royalty Partners.

Are investors shorting Kimbell Royalty Partners?

Kimbell Royalty Partners saw a increase in short interest in October. As of October 31st, there was short interest totalling 68,600 shares, an increase of 44.1% from the September 30th total of 47,600 shares. Based on an average daily trading volume, of 56,700 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.9% of the shares of the company are short sold. View Kimbell Royalty Partners' Current Options Chain.

Who are some of Kimbell Royalty Partners' key competitors?

What other stocks do shareholders of Kimbell Royalty Partners own?

Who are Kimbell Royalty Partners' key executives?

Kimbell Royalty Partners' management team includes the folowing people:
  • Mr. Robert Dean Ravnaas, CEO & Chairman of Kimbell Royalty GP LLC (Age 61)
  • Mr. Brett G. Taylor, Exec. Vice Chairman of Kimbell Royalty GP LLC (Age 58)
  • Mr. Robert Davis Ravnaas, Pres & CFO of Kimbell Royalty GP LLC (Age 33)
  • Mr. Matthew S. Daly, COO & Sec. of Kimbell Royalty GP LLC (Age 46)
  • Mr. Jeff McInnis, Chief Commercial Officer of Kimbell Royalty GP LLC (Age 42)

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 a price of $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.

Who are Kimbell Royalty Partners' major shareholders?

Kimbell Royalty Partners' stock is owned by many different of institutional and retail investors. Top institutional investors include Kayne Anderson Capital Advisors LP (1.34%), Oppenheimer & Co. Inc. (0.52%), Arrow Investment Advisors LLC (0.12%), Steward Partners Investment Advisory LLC (0.07%), Abacus Planning Group Inc. (0.07%) and Raymond James Trust N.A. (0.05%). Company insiders that own Kimbell Royalty Partners stock include Benny D Duncan, Brett G Taylor, Erik B Daugbjerg, Jeff Mcinnis, Minerals & Royalties Haymaker, Peter Alcorn, Robert Davis Ravnaas, T Scott Martin 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 Kayne Anderson Capital Advisors LP and Stephens Inc. AR. Company insiders that have sold Kimbell Royalty Partners company stock in the last year include Jeff Mcinnis, Minerals & Royalties Haymaker and Peter Alcorn. View Insider Buying and Selling for Kimbell Royalty Partners.

Which major investors are buying Kimbell Royalty Partners stock?

KRP stock was acquired by a variety of institutional investors in the last quarter, including Oppenheimer & Co. Inc., Abacus Planning Group Inc., Arrow Investment Advisors LLC, Steward Partners Investment Advisory LLC and Raymond James Trust N.A.. Company insiders that have bought Kimbell Royalty Partners stock in the last two years include Brett G Taylor, Erik B Daugbjerg, Jeff Mcinnis, Peter Alcorn, Robert Davis Ravnaas, T Scott Martin and William H Adams III. View Insider Buying and Selling for Kimbell Royalty Partners.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Kimbell Royalty Partners' stock price today?

One share of KRP stock can currently be purchased for approximately $14.04.

How big of a company is Kimbell Royalty Partners?

Kimbell Royalty Partners has a market capitalization of $330.22 million and generates $70.26 million in revenue each year. The energy company earns $-50,430,000.00 in net income (profit) each year or ($0.20) on an earnings per share basis. View Additional Information About Kimbell Royalty Partners.

What is Kimbell Royalty Partners' official website?

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

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]


MarketBeat Community Rating for Kimbell Royalty Partners (NYSE KRP)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  210 (Vote Outperform)
Underperform Votes:  172 (Vote Underperform)
Total Votes:  382
MarketBeat's community ratings are surveys of what our community members think about Kimbell Royalty Partners and other stocks. Vote "Outperform" if you believe KRP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KRP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2019 by MarketBeat.com Staff

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