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, October 25th. Shareholders of record on Monday, November 4th will be paid a dividend of $0.42 per share on Monday, November 11th. This represents a $1.68 annualized dividend and a yield of 10.86%. The ex-dividend date is Friday, November 1st. This is a boost from Kimbell Royalty Partners's previous quarterly dividend of $0.39. View Kimbell Royalty Partners' Dividend History.

Kimbell Royalty Partners LP (NYSE:KRP) announced its earnings results on Thursday, November, 7th. The energy company reported ($0.73) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.07 by $0.80. The energy company earned $32.98 million during the quarter, compared to analysts' expectations 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 brokerages have issued 1-year price targets for Kimbell Royalty Partners' shares. Their forecasts range from $18.00 to $23.00. On average, they anticipate Kimbell Royalty Partners' share price to reach $20.11 in the next year. This suggests a possible upside of 30.0% 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.

Media headlines about KRP stock have been trending somewhat negative on Friday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public 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 -1.0 on InfoTrie's scale. They also gave media coverage about the energy company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Kimbell Royalty Partners.

Kimbell Royalty Partners saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 50,300 shares, an increase of 30.6% from the December 15th total of 38,500 shares. Based on an average daily volume of 161,100 shares, the short-interest ratio is presently 0.3 days. Currently, 0.6% of the company's shares are sold short. View Kimbell Royalty Partners' Current Options Chain.

Some companies that are related to Kimbell Royalty Partners include Talos Energy (TALO), PDC Energy (PDCE), Hess Midstream Partners (HESM), Comstock Resources (CRK), Enerplus (ERF), CNX Resources (CNX), GeoPark (GPRK), Chesapeake Energy (CHK), SM Energy (SM), Centennial Resource Development (CDEV), Brigham Minerals (MNRL), Southwestern Energy (SWN), Range Resources (RRC), SUNDANCE ENERGY/S (SNDE) and Callon Petroleum (CPE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Kimbell Royalty Partners investors own include AT&T (T), Energy Transfer LP Unit (ET), Enviva Partners (EVA), USA Compression Partners (USAC), GasLog Partners LP Unit (GLOP), Oasis Midstream Partners (OMP), Enterprise Products Partners (EPD), Fortress Transprtn and Infr Investrs (FTAI), Genesis Energy (GEL) and Hoegh LNG Partners (HMLP).

(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.

Kimbell Royalty Partners' stock is owned by many different of institutional and retail investors. Top institutional shareholders include TSP Capital Management Group LLC (0.91%). Company insiders that own Kimbell Royalty Partners stock include Brett G Taylor, Erik B Daugbjerg, Jeff Mcinnis, 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 purchased by a variety of institutional investors in the last quarter, including TSP Capital Management Group LLC. 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 $15.48.

Kimbell Royalty Partners has a market capitalization of $363.97 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]