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

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$18.39 +0.14 (+0.77 %)
(As of 03/26/2019 04:00 PM ET)
Previous Close$18.25
Today's Range$18.1550 - $18.4985
52-Week Range$13.01 - $24.50
Volume29,874 shs
Average Volume40,919 shs
Market Capitalization$557.01 million
P/E Ratio-91.95
Dividend Yield8.77%
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$70.26 million
Cash Flow$0.7333 per share
Book Value$19.57 per share

Profitability

Net Income$-50,430,000.00

Miscellaneous

EmployeesN/A
Market Cap$557.01 million
Next Earnings Date5/9/2019 (Estimated)
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 dividend on an annualized basis and a dividend 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, March, 7th. The energy company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.10 by $0.39. The energy company had revenue of $30.25 million for the quarter, compared to analysts' expectations of $23.83 million. Kimbell Royalty Partners had a negative net margin of 80.80% and a positive return on equity of 2.18%. 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, May 9th 2019. View Earnings Estimates for Kimbell Royalty Partners.

What price target have analysts set for KRP?

4 brokers have issued 1 year target prices for Kimbell Royalty Partners' shares. Their forecasts range from $18.00 to $22.00. On average, they expect Kimbell Royalty Partners' stock price to reach $20.25 in the next twelve months. This suggests a possible upside of 10.1% 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?

Press coverage about KRP stock has trended somewhat positive on Tuesday, InfoTrie reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded 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 1.0 on InfoTrie's scale. They also gave press coverage about the energy company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the next few days.

Who are some of Kimbell Royalty Partners' key competitors?

What other stocks do shareholders of Kimbell Royalty Partners own?

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 $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 many different of retail and institutional investors. Top institutional shareholders include Kayne Anderson Capital Advisors LP (13.21%), FMR LLC (3.74%), CIBC Private Wealth Group LLC (2.02%), Lancaster Investment Management LLP (1.60%), Raymond James & Associates (0.15%) and Millennium Management LLC (0.12%). 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, FMR LLC, Raymond James & Associates, Corundum Group Inc., Barclays PLC and Raymond James Financial Services Advisors 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 $18.39.

How big of a company is Kimbell Royalty Partners?

Kimbell Royalty Partners has a market capitalization of $557.01 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.

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:  171 (Vote Outperform)
Underperform Votes:  134 (Vote Underperform)
Total Votes:  305
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 3/26/2019 by MarketBeat.com Staff

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