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

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$20.87 -0.12 (-0.57 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$20.87
Today's Range$20.79 - $21.3753
52-Week Range$15.26 - $24.50
Volume17,653 shs
Average Volume26,657 shs
Market Capitalization$571.13 million
P/E Ratio160.54
Dividend Yield8.30%
Beta1.89
Kimbell Royalty Partners logoKimbell Royalty Partners, LP owns and acquires mineral and royalty interests in oil and natural gas properties in the United States. As of December 31, 2017, the company owned mineral and royalty interests in approximately 3.7 million gross acres and overriding royalty interests in approximately 2 million gross acres. Its mineral and royalty interests are located in 20 states and include ownership in approximately 50,000 gross producing wells, including approximately 30,000 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:KRP
CUSIPN/A
Phone817-945-9700

Debt

Debt-to-Equity Ratio0.15
Current Ratio6.09
Quick Ratio6.09

Price-To-Earnings

Trailing P/E Ratio160.54
Forward P/E Ratio54.92
P/E GrowthN/A

Sales & Book Value

Annual Sales$30.97 million
Price / Sales18.09
Cash Flow$1.0567 per share
Price / Cash19.75
Book Value$15.87 per share
Price / Book1.32

Profitability

EPS (Most Recent Fiscal Year)$0.13
Net Income$1.21 million
Net Margins-126.81%
Return on Equity1.84%
Return on Assets1.63%

Miscellaneous

Employees14
Outstanding Shares26,840,000
Market Cap$571.13 million

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, July 27th. Shareholders of record on Monday, August 6th will be paid a dividend of $0.43 per share on Monday, August 13th. This represents a $1.72 dividend on an annualized basis and a yield of 8.24%. The ex-dividend date of this dividend is Friday, August 3rd. This is an increase from Kimbell Royalty Partners's previous quarterly dividend of $0.42. View Kimbell Royalty Partners' Dividend History.

How were Kimbell Royalty Partners' earnings last quarter?

Kimbell Royalty Partners LP (NYSE:KRP) posted its quarterly earnings results on Thursday, August, 9th. The energy company reported $0.08 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.11 by $0.03. The energy company earned $10.71 million during the quarter, compared to the consensus estimate of $10.95 million. Kimbell Royalty Partners had a positive return on equity of 1.84% and a negative net margin of 126.81%. 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, November, 8th 2018. View Earnings Estimates for Kimbell Royalty Partners.

What price target have analysts set for KRP?

5 Wall Street analysts have issued 1-year target prices for Kimbell Royalty Partners' shares. Their forecasts range from $19.00 to $30.00. On average, they anticipate Kimbell Royalty Partners' share price to reach $24.40 in the next twelve months. This suggests a possible upside of 16.9% from the stock's current price. View Analyst Price Targets for Kimbell Royalty Partners.

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kimbell Royalty Partners in the last year. There are currently 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Kimbell Royalty Partners.

Who are some of Kimbell Royalty Partners' key competitors?

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 60)
  • Mr. Brett G. Taylor, Exec. Vice Chairman of Kimbell Royalty GP LLC (Age 57)
  • Mr. Robert Davis Ravnaas, Pres & CFO of Kimbell Royalty GP LLC (Age 32)
  • Mr. Matthew S. Daly, Chief Operating Officer of Kimbell Royalty GP LLC (Age 45)
  • Mr. Jeff McInnis, Chief Accounting Officer of Kimbell Royalty GP LLC (Age 41)

When did Kimbell Royalty Partners IPO?

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

Has Kimbell Royalty Partners been receiving favorable news coverage?

Headlines about KRP stock have been trending somewhat positive this week, according to Accern Sentiment. The research firm rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kimbell Royalty Partners earned a media and rumor sentiment score of 0.11 on Accern's scale. They also gave news headlines about the energy company an impact score of 47.20 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Kimbell Royalty Partners.

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 Yorktown Energy Partners X L.P. (3.45%), FMR LLC (3.35%), Putnam Investments LLC (0.51%), SG Capital Management LLC (0.38%), Renaissance Technologies LLC (0.19%) and HITE Hedge Asset Management LLC (0.10%). Company insiders that own Kimbell Royalty Partners stock include Benny D Duncan, Brett G Taylor, Jeff Mcinnis, Mitch S Wynne, T Scott Martin and William H Adams III. View Institutional Ownership Trends for Kimbell Royalty Partners.

Which institutional investors are selling Kimbell Royalty Partners stock?

KRP stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, HITE Hedge Asset Management LLC and Putnam Investments LLC. View Insider Buying and Selling for Kimbell Royalty Partners.

Which institutional investors are buying Kimbell Royalty Partners stock?

KRP stock was acquired by a variety of institutional investors in the last quarter, including Yorktown Energy Partners X L.P., SG Capital Management LLC, Renaissance Technologies LLC and Raymond James & Associates. Company insiders that have bought Kimbell Royalty Partners stock in the last two years include Brett G Taylor, Jeff Mcinnis, Mitch S Wynne, 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, Scottrade, Fidelity and Charles Schwab.

What is Kimbell Royalty Partners' stock price today?

One share of KRP stock can currently be purchased for approximately $20.87.

How big of a company is Kimbell Royalty Partners?

Kimbell Royalty Partners has a market capitalization of $571.13 million and generates $30.97 million in revenue each year. The energy company earns $1.21 million in net income (profit) each year or $0.13 on an earnings per share basis. Kimbell Royalty Partners employs 14 workers across the globe.

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:  2.8 out of 5 (star star)
Outperform Votes:  150 (Vote Outperform)
Underperform Votes:  115 (Vote Underperform)
Total Votes:  265
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 8/18/2018 by MarketBeat.com Staff

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