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

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, July 27th. Shareholders of record on Monday, August 6th will be paid a dividend of $0.43 per share on Monday, August 13th. This represents a $1.72 dividend on an annualized basis and a yield of 8.24%. The ex-dividend date of this dividend is Friday, August 3rd. This is an increase from Kimbell Royalty Partners's previous quarterly dividend of $0.42. View Kimbell Royalty Partners' Dividend History.

Kimbell Royalty Partners LP (NYSE:KRP) posted its quarterly earnings results on Thursday, August, 9th. The energy company reported $0.08 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.11 by $0.03. The energy company earned $10.71 million during the quarter, compared to the consensus estimate of $10.95 million. Kimbell Royalty Partners had a positive return on equity of 1.84% and a negative net margin of 126.81%. View Kimbell Royalty Partners' Earnings History.

Kimbell Royalty Partners is scheduled to release their next quarterly earnings announcement on Thursday, November, 8th 2018. View Earnings Estimates for Kimbell Royalty Partners.

5 Wall Street analysts have issued 1-year target prices for Kimbell Royalty Partners' shares. Their forecasts range from $19.00 to $30.00. On average, they anticipate Kimbell Royalty Partners' share price to reach $24.40 in the next twelve months. This suggests a possible upside of 16.9% from the stock's current price. View Analyst Price Targets for Kimbell Royalty Partners.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kimbell Royalty Partners in the last year. There are currently 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Kimbell Royalty Partners.

Some companies that are related to Kimbell Royalty Partners include Extraction Oil & Gas (XOG), Denbury Resources (DNR), Carrizo Oil & Gas (CRZO), Wildhorse Resource Development (WRD), Laredo Petroleum (LPI), Gulfport Energy (GPOR), Tellurian (TELL), California Resources (CRC), Unit (UNT), Penn Virginia (PVAC), HighPoint Resources (HPR), GeoPark (GPRK), Enbridge Energy Management (EEQ), GENEL ENERGY PL/ADR (GEGYY) and W&T Offshore (WTI).

(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.

Headlines about KRP stock have been trending somewhat positive this week, according to Accern Sentiment. The research firm rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kimbell Royalty Partners earned a media and rumor sentiment score of 0.11 on Accern's scale. They also gave news headlines about the energy company an impact score of 47.20 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Kimbell Royalty Partners.

Kimbell Royalty Partners' stock is owned by many different of institutional and retail investors. Top institutional investors include Yorktown Energy Partners X L.P. (3.45%), FMR LLC (3.35%), Putnam Investments LLC (0.51%), SG Capital Management LLC (0.38%), Renaissance Technologies LLC (0.19%) and HITE Hedge Asset Management LLC (0.10%). Company insiders that own Kimbell Royalty Partners stock include Benny D Duncan, Brett G Taylor, Jeff Mcinnis, Mitch S Wynne, 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 FMR LLC, HITE Hedge Asset Management LLC and Putnam Investments LLC. View Insider Buying and Selling for Kimbell Royalty Partners.

KRP stock was acquired by a variety of institutional investors in the last quarter, including Yorktown Energy Partners X L.P., SG Capital Management LLC, Renaissance Technologies LLC and Raymond James & Associates. Company insiders that have bought Kimbell Royalty Partners stock in the last two years include Brett G Taylor, Jeff Mcinnis, Mitch S Wynne, 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, Scottrade, Fidelity and Charles Schwab.

One share of KRP stock can currently be purchased for approximately $20.87.

Kimbell Royalty Partners has a market capitalization of $571.13 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.

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]