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
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:KRP
Previous Symbol
CUSIPN/A
Phone817-945-9700
Debt
Debt-to-Equity Ratio0.22
Current Ratio2.21
Quick Ratio2.21
Price-To-Earnings
Trailing P/E Ratio133.85
Forward P/E Ratio44.62
P/E GrowthN/A
Sales & Book Value
Annual Sales$30.97 million
Price / Sales15.08
Cash Flow$1.0419 per share
Price / Cash16.70
Book Value$15.87 per share
Price / Book1.10
Profitability
EPS (Most Recent Fiscal Year)$0.13
Net Income$1.21 million
Net Margins-108.86%
Return on Equity0.29%
Return on Assets0.25%
Miscellaneous
Employees14
Outstanding Shares26,840,000
Market Cap$483.10 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, October 26th. Stockholders of record on Monday, November 5th will be given a dividend of $0.45 per share on Monday, November 12th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 10.22%. The ex-dividend date of this dividend is Friday, November 2nd. This is an increase from Kimbell Royalty Partners's previous quarterly dividend of $0.43. View Kimbell Royalty Partners' Dividend History.
How were Kimbell Royalty Partners' earnings last quarter?
Kimbell Royalty Partners LP (NYSE:KRP) issued its quarterly earnings results on Thursday, November, 8th. The energy company reported ($0.15) EPS for the quarter, missing analysts' consensus estimates of $0.14 by $0.29. The energy company earned $18.41 million during the quarter, compared to analyst estimates of $22.48 million. Kimbell Royalty Partners had a positive return on equity of 0.29% 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?
3 equities research analysts have issued twelve-month target prices for Kimbell Royalty Partners' shares. Their predictions range from $19.00 to $30.00. On average, they expect Kimbell Royalty Partners' stock price to reach $25.3333 in the next twelve months. This suggests a possible upside of 43.8% from the stock's current price. View Analyst Price Targets for Kimbell Royalty Partners.
What is the consensus analysts' recommendation for Kimbell Royalty Partners?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kimbell Royalty Partners in the last year. There are currently 1 hold rating, 1 buy rating and 1 strong buy rating 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?
Headlines about KRP stock have trended positive recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Kimbell Royalty Partners earned a coverage optimism score of 2.0 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 news coverage is extremely likely to have an effect on the stock's share price in the next several days.
Who are some of Kimbell Royalty Partners' key competitors?
Some companies that are related to Kimbell Royalty Partners include Carrizo Oil & Gas (CRZO), Tellurian (TELL), Gulfport Energy (GPOR), Denbury Resources (DNR), Extraction Oil & Gas (XOG), Laredo Petroleum (LPI), California Resources (CRC), Talos Energy (TALO), Unit (UNT), Enbridge Energy Management (EEQ), Berry Petroleum (BRY), GeoPark (GPRK), Penn Virginia (PVAC), W&T Offshore (WTI) and HighPoint Resources (HPR).
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, COO & Sec. 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 a price of $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 many different of retail and institutional investors. Top institutional investors include FMR LLC (4.08%), Lee Financial Co (1.36%), Wells Fargo & Company MN (1.17%), Putnam Investments LLC (0.97%), Soros Fund Management LLC (0.93%) and Laurion Capital Management LP (0.37%). Company insiders that own Kimbell Royalty Partners stock include Benny D Duncan, Brett G Taylor, Erik B Daugbjerg, 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?
Which institutional investors are buying Kimbell Royalty Partners stock?
KRP stock was bought by a variety of institutional investors in the last quarter, including Soros Fund Management LLC, FMR LLC, Putnam Investments LLC, Laurion Capital Management LP, Monashee Investment Management LLC, Wells Fargo & Company MN, BlackRock Inc. and Board of Trustees of The Leland Stanford Junior University. 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, 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 $17.62.
How big of a company is Kimbell Royalty Partners?
Kimbell Royalty Partners has a market capitalization of $483.10 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.
