S&P 500   4,591.67
DOW   35,227.03
QQQ   386.20
S&P 500   4,591.67
DOW   35,227.03
QQQ   386.20
S&P 500   4,591.67
DOW   35,227.03
QQQ   386.20
S&P 500   4,591.67
DOW   35,227.03
QQQ   386.20
NYSE:KRP

Kimbell Royalty Partners Stock Forecast, Price & News

$13.90
+0.28 (+2.06%)
(As of 12/6/2021 04:00 PM ET)
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Today's Range
$13.53
$14.01
50-Day Range
$12.80
$15.50
52-Week Range
$7.65
$15.82
Volume
225,965 shs
Average Volume
242,410 shs
Market Capitalization
$841.34 million
P/E Ratio
N/A
Dividend Yield
10.87%
Beta
1.88
30 days | 90 days | 365 days | Advanced Chart
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Kimbell Royalty Partners logo

About Kimbell Royalty Partners

Kimbell Royalty Partners LP engages in owning and acquiring mineral and royalty interests in oil and natural gas properties. The company was founded on October 30, 2015 and is headquartered in Fort Worth, TX.

Headlines

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Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Fax
N/A
Employees
2,020
Year Founded
N/A

Sales & Book Value

Annual Sales
$90.48 million
Cash Flow
$1.38 per share
Book Value
$4.82 per share

Profitability

Net Income
$-159.45 million
Pretax Margin
-79.75%

Debt

Price-To-Earnings

Miscellaneous

Free Float
51,933,000
Market Cap
$841.34 million
Optionable
Not Optionable

Company Calendar

Ex-Dividend
10/29/2021
Last Earnings
11/04/2021
Dividend Payable
11/08/2021
Today
12/07/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/24/2022

MarketRank

Overall MarketRank

2.90 out of 5 stars

Oils/Energy Sector

32nd out of 357 stocks

Crude Petroleum & Natural Gas Industry

14th out of 113 stocks

Analyst Opinion: 3.7Community Rank: 4.8Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -












Kimbell Royalty Partners (NYSE:KRP) Frequently Asked Questions

Is Kimbell Royalty Partners a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kimbell Royalty Partners in the last year. There are currently 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Kimbell Royalty Partners stock.
View analyst ratings for Kimbell Royalty Partners
or view top-rated stocks.

How has Kimbell Royalty Partners' stock been impacted by COVID-19?

Kimbell Royalty Partners' stock was trading at $8.38 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, KRP stock has increased by 65.9% and is now trading at $13.90.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Kimbell Royalty Partners?

Kimbell Royalty Partners saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 791,000 shares, an increase of 152.7% from the October 31st total of 313,000 shares. Based on an average daily volume of 384,800 shares, the short-interest ratio is presently 2.1 days.
View Kimbell Royalty Partners' Short Interest
.

When is Kimbell Royalty Partners' next earnings date?

Kimbell Royalty Partners is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022.
View our earnings forecast for Kimbell Royalty Partners
.

How were Kimbell Royalty Partners' earnings last quarter?

Kimbell Royalty Partners, LP (NYSE:KRP) released its quarterly earnings results on Thursday, November, 4th. The energy company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by $0.08. Kimbell Royalty Partners had a negative net margin of 53.06% and a positive trailing twelve-month return on equity of 5.88%.
View Kimbell Royalty Partners' earnings history
.

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 Saturday, October 23rd. Shareholders of record on Monday, November 1st will be given a dividend of $0.3325 per share on Monday, November 8th. This represents a $1.33 annualized dividend and a dividend yield of 9.57%. The ex-dividend date is Friday, October 29th. This is a positive change from Kimbell Royalty Partners's previous quarterly dividend of $0.31.
View Kimbell Royalty Partners' dividend history
.

Is Kimbell Royalty Partners a good dividend stock?

Kimbell Royalty Partners pays an annual dividend of $1.48 per share and currently has a dividend yield of 10.87%. KRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Kimbell Royalty Partners' dividend history.

What price target have analysts set for KRP?

3 brokers have issued 1 year target prices for Kimbell Royalty Partners' shares. Their forecasts range from $16.00 to $22.00. On average, they anticipate Kimbell Royalty Partners' stock price to reach $18.67 in the next twelve months. This suggests a possible upside of 34.3% from the stock's current price.
View analysts' price targets for Kimbell Royalty Partners
or view top-rated stocks among Wall Street analysts.

Who are Kimbell Royalty Partners' key executives?

Kimbell Royalty Partners' management team includes the following people:
  • Robert David Ravnaas, Chairman & Chief Executive Officer
  • R. Davis Ravnaas, President & Chief Financial Officer
  • Matthew S. Daly, Chief Operating Officer & Secretary
  • Daniel C. Przyojski, Vice President-Acquisitions
  • Rand Ravnaas, Vice President-Business Development

What other stocks do shareholders of Kimbell Royalty Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Kimbell Royalty Partners investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), AT&T (T), Wells Fargo & Company (WFC), Pfizer (PFE), AbbVie (ABBV), Walt Disney (DIS), Enbridge (ENB), Raytheon Technologies (RTX) and New York Mortgage Trust (NYMT).

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 served as the underwriters for the IPO and Stephens and Wunderlich were co-managers.

What is Kimbell Royalty Partners' stock symbol?

Kimbell Royalty Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "KRP."

Who are Kimbell Royalty Partners' major shareholders?

Kimbell Royalty Partners' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Marshall Wace LLP (0.70%), Raymond James & Associates (0.67%), Goldman Sachs Group Inc. (0.56%), Epoch Investment Partners Inc. (0.50%), Raymond James Financial Services Advisors Inc. (0.49%) and Renaissance Technologies LLC (0.47%). Company insiders that own Kimbell Royalty Partners stock include Blayne Rhynsburger, Erik B Daugbjerg, Kkr Upstream Associates Llc, Matthew S Daly, Mitch S Wynne, Peter Alcorn, Robert D Ravnaas, Robert Davis Ravnaas 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 Morgan Stanley, Renaissance Technologies LLC, Arrowstreet Capital Limited Partnership, GSA Capital Partners LLP, Citadel Advisors LLC, Essex Financial Services Inc., First Manhattan Co., and Schonfeld Strategic Advisors LLC. Company insiders that have sold Kimbell Royalty Partners company stock in the last year include Blayne Rhynsburger, Kkr Upstream Associates Llc, and Mitch S Wynne.
View insider buying and selling activity for Kimbell Royalty Partners
or view top insider-selling stocks.

Which major investors are buying Kimbell Royalty Partners stock?

KRP stock was acquired by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Goldman Sachs Group Inc., Epoch Investment Partners Inc., Raymond James Financial Services Advisors Inc., Board of Trustees of The Leland Stanford Junior University, Raymond James & Associates, Aptus Capital Advisors LLC, and Deutsche Bank AG. Company insiders that have bought Kimbell Royalty Partners stock in the last two years include Erik B Daugbjerg, Matthew S Daly, Mitch S Wynne, Peter Alcorn, Robert D Ravnaas, Robert Davis Ravnaas, and William H Adams III.
View insider buying and selling activity for Kimbell Royalty Partners
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Kimbell Royalty Partners' stock price today?

One share of KRP stock can currently be purchased for approximately $13.90.

How much money does Kimbell Royalty Partners make?

Kimbell Royalty Partners has a market capitalization of $841.34 million and generates $90.48 million in revenue each year. The energy company earns $-159.45 million in net income (profit) each year or ($1.60) on an earnings per share basis.

How many employees does Kimbell Royalty Partners have?

Kimbell Royalty Partners employs 2,020 workers across the globe.

What is Kimbell Royalty Partners' official website?

The official website for Kimbell Royalty Partners is www.kimbellrp.com.

Where are Kimbell Royalty Partners' headquarters?

Kimbell Royalty Partners is headquartered at 777 TAYLOR STREET SUITE 810, FORT WORTH TX, 76102.

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]dlascar.com.


This page was last updated on 12/7/2021 by MarketBeat.com Staff

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