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 announced a quarterly dividend on Friday, January 24th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.38 per share on Monday, February 10th. This represents a $1.52 annualized dividend and a dividend yield of 10.98%. The ex-dividend date is Friday, January 31st. View Kimbell Royalty Partners' Dividend History.

Kimbell Royalty Partners LP (NYSE:KRP) released its quarterly earnings data on Thursday, November, 7th. The energy company reported ($0.73) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.07 by $0.80. The energy company had revenue of $32.98 million for the quarter, compared to the consensus estimate of $29.53 million. Kimbell Royalty Partners had a negative net margin of 26.36% and a positive return on equity of 4.66%. View Kimbell Royalty Partners' Earnings History.

Kimbell Royalty Partners is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Kimbell Royalty Partners.

Kimbell Royalty Partners will be holding an earnings conference call on Thursday, February 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

9 equities research analysts have issued 12 month target prices for Kimbell Royalty Partners' shares. Their forecasts range from $18.00 to $23.00. On average, they expect Kimbell Royalty Partners' share price to reach $20.11 in the next year. This suggests a possible upside of 45.3% from the stock's current price. View Analyst Price Targets for Kimbell Royalty Partners.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kimbell Royalty Partners in the last year. There are currently 1 hold rating, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Kimbell Royalty Partners.

News articles about KRP stock have been trending somewhat negative on Monday, according to InfoTrie. InfoTrie scores the sentiment of media coverage by analyzing 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 coverage optimism score of -1.4 on InfoTrie's scale. They also gave news stories about the energy company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Kimbell Royalty Partners.

Kimbell Royalty Partners saw a increase in short interest in January. As of January 31st, there was short interest totalling 207,000 shares, an increase of 311.5% from the January 15th total of 50,300 shares. Based on an average daily volume of 218,400 shares, the days-to-cover ratio is presently 0.9 days. Approximately 1.1% of the company's stock are sold short. View Kimbell Royalty Partners' Current Options Chain.

Some companies that are related to Kimbell Royalty Partners include Magnolia Oil & Gas (MGY), Vermilion Energy (VET), Kosmos Energy (KOS), Black Stone Minerals (BSM), ARC Resources (AETUF), Jagged Peak Energy (JAG), Crescent Point Energy (CPG), Tellurian (TELL), Matador Resources (MTDR), DELEK GRP LTD/ADR (DGRLY), PDC Energy (PDCE), EQT (EQT), Enerplus (ERF), GeoPark (GPRK) and Comstock Resources (CRK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Kimbell Royalty Partners investors own include Energy Transfer LP Unit (ET), NGL Energy Partners (NGL), GasLog Partners LP Unit (GLOP), USA Compression Partners (USAC), Hoegh LNG Partners (HMLP), New Residential Investment (NRZ), AT&T (T), AGNC Investment (AGNC), Prospect Capital (PSEC) and Enbridge (ENB).

(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.

Kimbell Royalty Partners' stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (6.02%), Raymond James & Associates (1.45%), TSP Capital Management Group LLC (0.91%), Blair William & Co. IL (0.82%), Oppenheimer & Co. Inc. (0.71%) and Pin Oak Investment Advisors Inc. (0.70%). Company insiders that own Kimbell Royalty Partners stock include Brett G Taylor, Erik B Daugbjerg, Jeff Mcinnis, Kkr Upstream Associates Llc, 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 Meridian Wealth Advisors LLC and Ladenburg Thalmann Financial Services Inc.. Company insiders that have sold Kimbell Royalty Partners company stock in the last year include Jeff Mcinnis, Kkr Upstream Associates Llc, Minerals & Royalties Haymaker and Peter Alcorn. View Insider Buying and Selling for Kimbell Royalty Partners.

KRP stock was bought by a variety of institutional investors in the last quarter, including TSP Capital Management Group LLC, Renaissance Technologies LLC, Marshall Wace North America L.P., Blair William & Co. IL, Oppenheimer & Co. Inc., FMR LLC, Marshall Wace LLP and Raymond James & Associates. 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 $13.84.

Kimbell Royalty Partners has a market capitalization of $748.47 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]