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S&P 500   3,849.62
DOW   30,937.04
QQQ   328.59
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S&P 500   3,849.62
DOW   30,937.04
QQQ   328.59
pixel
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S&P 500   3,849.62
DOW   30,937.04
QQQ   328.59
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NYSE:KRP

Kimbell Royalty Partners Stock Forecast, Price & News

$8.88
+0.06 (+0.68 %)
(As of 01/26/2021 12:00 AM ET)
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Today's Range
$8.76
Now: $8.88
$9.02
50-Day Range
$7.91
MA: $8.61
$9.58
52-Week Range
$3.51
Now: $8.88
$15.62
Volume193,650 shs
Average Volume191,566 shs
Market Capitalization$530.38 million
P/E RatioN/A
Dividend Yield8.62%
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

MarketRank

Overall MarketRank

1.81 out of 5 stars

Oils/Energy Sector

75th out of 669 stocks

Crude Petroleum & Natural Gas Industry

30th out of 247 stocks

Analyst Opinion: 2.5Community Rank: 2.8Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

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$2.23 per share
Book Value$10.45 per share

Profitability

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

Miscellaneous

Market Cap$530.38 million
Next Earnings Date2/25/2021 (Confirmed)
OptionableNot Optionable
$8.88
+0.06 (+0.68 %)
(As of 01/26/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Kimbell Royalty Partners (NYSE:KRP) Frequently Asked Questions

How has Kimbell Royalty Partners' stock been impacted by COVID-19 (Coronavirus)?

Kimbell Royalty Partners' stock was trading at $8.38 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, KRP shares have increased by 6.0% and is now trading at $8.88.
View which stocks have been most impacted by COVID-19
.

Is Kimbell Royalty Partners a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kimbell Royalty Partners in the last twelve months. There are currently 1 hold rating, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Kimbell Royalty Partners stock.
View analyst ratings for Kimbell Royalty Partners
or view MarketBeat's top 5 stock picks.

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.

When is Kimbell Royalty Partners' next earnings date?

Kimbell Royalty Partners is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for Kimbell Royalty Partners
.

How can I listen to Kimbell Royalty Partners' earnings call?

Kimbell Royalty Partners will be holding an earnings conference call on Thursday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Kimbell Royalty Partners' earnings last quarter?

Kimbell Royalty Partners, LP (NYSE:KRP) issued its quarterly earnings results on Thursday, May, 7th. The energy company reported ($1.29) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.01) by $1.28. The energy company earned $35.95 million during the quarter, compared to the consensus estimate 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 often does Kimbell Royalty Partners pay dividends? What is the dividend yield for Kimbell Royalty Partners?

Kimbell Royalty Partners declared a quarterly dividend on Saturday, January 23rd. Stockholders 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 yield of 11.94%. The ex-dividend date 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 8.62%. KRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 equities research analysts have issued 12 month price objectives for Kimbell Royalty Partners' shares. Their forecasts range from $7.00 to $14.00. On average, they expect Kimbell Royalty Partners' stock price to reach $10.88 in the next twelve months. This suggests a possible upside of 22.5% from the stock's current price.
View analysts' price targets for Kimbell Royalty Partners
or view Wall Street analyst' top-rated stocks.

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).

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 62, Pay $946.07k)
  • Mr. Brett G. Taylor, Exec. Vice Chairman of Kimbell Royalty GP LLC (Age 59, Pay $526.86k)
  • Mr. Robert Davis Ravnaas, Pres, CFO & VP of Bus. Devel. at Kimbell Royalty GP LLC (Age 34, Pay $816.99k)
  • Mr. Matthew S. Daly, COO & Sec. of Kimbell Royalty GP LLC (Age 47, Pay $611.18k)
  • Mr. R. Blayne Rhynsburger, Controller of Kimbell Royalty GP LLC (Age 33)

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 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."

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.

What is Kimbell Royalty Partners' stock price today?

One share of KRP stock can currently be purchased for approximately $8.88.

How big of a company is Kimbell Royalty Partners?

Kimbell Royalty Partners has a market capitalization of $530.38 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.

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 1/27/2021 by MarketBeat.com Staff

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