NYSE:KRP - Kimbell Royalty Partners Stock Price, Forecast & News

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

Kimbell Royalty Partners declared a quarterly dividend on Friday, October 25th. Investors of record on Monday, November 4th will be paid a dividend of $0.42 per share on Monday, November 11th. This represents a $1.68 dividend on an annualized basis and a yield of 10.33%. The ex-dividend date of this dividend is Friday, November 1st. This is a boost from Kimbell Royalty Partners's previous quarterly dividend of $0.39. View Kimbell Royalty Partners' Dividend History.

Kimbell Royalty Partners LP (NYSE:KRP) posted its quarterly earnings data on Thursday, November, 7th. The energy company reported ($0.73) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.07 by $0.80. The energy company had revenue of $32.98 million for the quarter, compared to analysts' expectations 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.

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

8 analysts have issued 12-month target prices for Kimbell Royalty Partners' stock. Their forecasts range from $18.00 to $23.00. On average, they anticipate Kimbell Royalty Partners' share price to reach $20.38 in the next twelve months. This suggests a possible upside of 25.3% from the stock's current price. View Analyst Price Targets 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.

Media headlines about KRP stock have been trending somewhat negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Kimbell Royalty Partners earned a news impact score of -1.7 on InfoTrie's scale. They also gave press coverage about the energy company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Kimbell Royalty Partners.

Kimbell Royalty Partners saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 68,600 shares, an increase of 44.1% from the October 31st total of 47,600 shares. Based on an average daily trading volume, of 56,700 shares, the short-interest ratio is currently 1.2 days. Currently, 0.9% of the shares of the stock are short sold. View Kimbell Royalty Partners' Current Options Chain.

Some companies that are related to Kimbell Royalty Partners include Chesapeake Energy (CHK), Enerplus (ERF), PDC Energy (PDCE), Talos Energy (TALO), CNX Resources (CNX), Comstock Resources (CRK), GeoPark (GPRK), Southwestern Energy (SWN), SM Energy (SM), Brigham Minerals (MNRL), Centennial Resource Development (CDEV), Range Resources (RRC), Callon Petroleum (CPE), Oasis Petroleum (OAS) and QEP Resources (QEP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Kimbell Royalty Partners investors own include Enviva Partners (EVA), AT&T (T), Energy Transfer LP Unit (ET), Oasis Midstream Partners (OMP), Fortress Transprtn and Infr Investrs (FTAI), GasLog Partners LP Unit (GLOP), KNOT Offshore Partners (KNOP), NGL Energy Partners (NGL), USA Compression Partners (USAC) and Deciphera Pharmaceuticals (DCPH).

(KRP) raised $100 million in an 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 acted as the underwriters for the IPO and Stephens and Wunderlich were co-managers.

Kimbell Royalty Partners' stock is owned by a number of of retail and institutional investors. Top institutional investors include Soros Fund Management LLC (1.36%), Kayne Anderson Capital Advisors LP (1.34%), Pin Oak Investment Advisors Inc. (0.67%), Oppenheimer & Co. Inc. (0.52%), Millennium Management LLC (0.23%) and Arrow Investment Advisors LLC (0.12%). 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.

KRP stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Millennium Management LLC 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.

KRP stock was acquired by a variety of institutional investors in the last quarter, including Pin Oak Investment Advisors Inc., Oppenheimer & Co. Inc., Abacus Planning Group Inc., Soros Fund Management LLC, 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.

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.

One share of KRP stock can currently be purchased for approximately $16.26.

Kimbell Royalty Partners has a market capitalization of $382.44 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.

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

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]