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.
Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Phone817-945-9700
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$30.97 million
Profitability
Miscellaneous
Employees14
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 declared a quarterly dividend on Friday, January 25th. Stockholders 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 dividend yield of 8.75%. The ex-dividend date of this dividend is Friday, February 1st. View Kimbell Royalty Partners' Dividend History.
How were Kimbell Royalty Partners' earnings last quarter?
Kimbell Royalty Partners LP (NYSE:KRP) posted 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 positive return on equity of 0.23% and a negative net margin of 108.86%. View Kimbell Royalty Partners' Earnings History.
When is Kimbell Royalty Partners' next earnings date?
What price target have analysts set for KRP?
4 equities research analysts have issued 12-month price objectives for Kimbell Royalty Partners' shares. Their forecasts range from $19.00 to $27.00. On average, they expect Kimbell Royalty Partners' share price to reach $22.25 in the next twelve months. This suggests a possible upside of 21.7% 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 headlines about KRP stock have trended negative on Tuesday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Kimbell Royalty Partners earned a news sentiment score of -2.8 on InfoTrie's scale. They also gave news articles about the energy company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future.
Who are some of Kimbell Royalty Partners' key competitors?
Some companies that are related to Kimbell Royalty Partners include SM Energy (SM), CNX Resources (CNX), Enerplus (ERF), DELEK GRP LTD/ADR (DGRLY), QEP Resources (QEP), Oasis Petroleum (OAS), Callon Petroleum (CPE), Wildhorse Resource Development (WRD), Crescent Point Energy (CPG), Gulfport Energy (GPOR), Talos Energy (TALO), Carrizo Oil & Gas (CRZO), GeoPark (GPRK), Enbridge Energy Management (EEQ) and California Resources (CRC).
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 initial public offering 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 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?
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 $18.29.
How big of a company is Kimbell Royalty Partners?
Kimbell Royalty Partners has a market capitalization of $553.99 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?
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)
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.
