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

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$18.40 +0.20 (+1.10 %)
(As of 02/19/2019 08:29 AM ET)
Previous Close$18.20
Today's Range$18.21 - $18.50
52-Week Range$13.01 - $24.50
Volume27,118 shs
Average Volume49,901 shs
Market Capitalization$557.32 million
P/E Ratio141.54
Dividend Yield8.79%
Beta2.02
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, 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$30.97 million
Cash Flow$1.1031 per share
Book Value$15.87 per share

Profitability

Net Income$1.21 million
Net Margins-108.86%

Miscellaneous

Employees14
Market Cap$557.32 million
OptionableNot Optionable

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, January 25th. Shareholders of record on Monday, February 4th will be given a dividend of $0.40 per share on Monday, February 11th. This represents a $1.60 annualized dividend and a yield of 8.70%. The ex-dividend date is Friday, February 1st. 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, August, 9th. The energy company reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.11 by $0.03. The energy company earned $10.71 million during the quarter, compared to analyst estimates of $10.95 million. Kimbell Royalty Partners had a negative net margin of 108.86% and a positive return on equity of 0.23%. 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 7th 2019. View Earnings Estimates for Kimbell Royalty Partners.

What price target have analysts set for KRP?

4 brokerages have issued twelve-month target prices for Kimbell Royalty Partners' stock. Their forecasts range from $19.00 to $27.00. On average, they anticipate Kimbell Royalty Partners' share price to reach $22.25 in the next year. This suggests a possible upside of 20.9% from the stock's current price. View Analyst Price Targets for Kimbell Royalty Partners.

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

4 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 2 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?

Media stories about KRP stock have been trending positive recently, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Kimbell Royalty Partners earned a news impact score of 2.3 on InfoTrie's scale. They also gave news headlines about the energy company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days.

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 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 Accounting Officer of Kimbell Royalty GP LLC (Age 42)

When did Kimbell Royalty Partners IPO?

(KRP) raised $100 million in an 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 acted 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 a number of of institutional and retail investors. Top institutional shareholders include Kayne Anderson Capital Advisors LP (13.21%), CIBC Private Wealth Group LLC (2.02%), Lancaster Investment Management LLP (1.60%), Raymond James & Associates (0.15%), Millennium Management LLC (0.12%) and Raymond James Financial Services Advisors Inc. (0.10%). Company insiders that own Kimbell Royalty Partners stock include Benny D Duncan, Brett G Taylor, Erik B Daugbjerg, Jeff Mcinnis, Mitch S Wynne, Peter Alcorn, 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 Millennium Management LLC, SG Capital Management LLC and Stephens Inc. AR. View Insider Buying and Selling for Kimbell Royalty Partners.

Which major investors are buying Kimbell Royalty Partners stock?

KRP stock was bought by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, CIBC Private Wealth Group LLC, Lancaster Investment Management LLP, Raymond James & Associates, Barclays PLC, Raymond James Financial Services Advisors Inc. and Advisor Group Inc.. Company insiders that have bought Kimbell Royalty Partners stock in the last two years include Brett G Taylor, Erik B Daugbjerg, Jeff Mcinnis, Mitch S Wynne, Peter Alcorn, 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 $18.40.

How big of a company is Kimbell Royalty Partners?

Kimbell Royalty Partners has a market capitalization of $557.32 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.

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:  2.8 out of 5 (star star)
Outperform Votes:  163 (Vote Outperform)
Underperform Votes:  127 (Vote Underperform)
Total Votes:  290
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 2/19/2019 by MarketBeat.com Staff

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