NYSE:KRPKimbell Royalty Partners Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Kimbell Royalty Partners LP Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $7.34 -0.08 (-1.08 %) (As of 05/28/2020 04:00 PM ET) Add Compare Share Today's Range$7.17Now: $7.34▼$7.4750-Day Range$5.37MA: $6.54▼$8.0652-Week Range$3.51Now: $7.34▼$17.72Volume71,900 shsAverage Volume291,830 shsMarket Capitalization$438.87 millionP/E RatioN/ADividend Yield9.16%Beta2.32 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media 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, 2018, the company owned mineral and royalty interests in approximately 7.8 million gross acres and overriding royalty interests in approximately 4.4 million gross acres. Its mineral and royalty interests are located in 28 states and include ownership in approximately 86,000 gross producing wells, including approximately 38,000 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.Read More Beat the Market (BTM) Rank™ 4.5 Analyst's Opinion Consensus RatingKimbell Royalty Partners has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.25, Kimbell Royalty Partners has a potential upside of 107.8% from its current price of $7.34.Amount of Analyst CoverageKimbell Royalty Partners has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.8 Community Rank Outperform VotesKimbell Royalty Partners has received 253 “outperform” votes. (Add your “outperform” vote.)Underperform VotesKimbell Royalty Partners has received 195 “underperform” votes. (Add your “underperform” vote.)Community SentimentKimbell Royalty Partners has received 56.47% “outperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipKimbell Royalty Partners is a leading dividend payer. It pays a dividend yield of 9.16%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKimbell Royalty Partners has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Kimbell Royalty Partners is 20.18 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Kimbell Royalty Partners will have a dividend payout ratio of 2,266.67 % in the coming year. This indicates that Kimbell Royalty Partners may not be able to sustain their current dividend. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kimbell Royalty Partners insiders have bought more of their company's stock than they have sold. Specifically, they have bought $481,967.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 14.20% of the stock of Kimbell Royalty Partners is held by insiders.Percentage Held by InstitutionsOnly 21.27% of the stock of Kimbell Royalty Partners is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Kimbell Royalty Partners are expected to grow in the coming year, from ($0.25) to $0.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kimbell Royalty Partners is -1.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Kimbell Royalty Partners is -1.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioKimbell Royalty Partners has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.5Community Rank: 2.8Dividend Strength: 2.5Insider Behavior: 3.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.81 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:KRP Previous Symbol CUSIPN/A CIK1657788 Webwww.kimbellrp.com Phone817-945-9700Debt Debt-to-Equity Ratio0.20 Current Ratio8.77 Quick Ratio8.77Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$108.22 million Price / Sales4.06 Cash Flow$2.31 per share Price / Cash Flow3.18 Book Value$8.88 per share Price / Book0.83Profitability EPS (Most Recent Fiscal Year)$3.37 Net Income$-69,060,000.00 Net Margins-91.23% Return on Equity5.97% Return on Assets4.69%Miscellaneous EmployeesN/A Outstanding Shares59,791,000Market Cap$438.87 million Next Earnings Date8/13/2020 (Estimated) OptionableNot Optionable KRP Rates by TradingView Receive KRP News and Ratings via Email Sign-up to receive the latest news and ratings for KRP and its competitors with MarketBeat's FREE daily newsletter. Kimbell Royalty Partners (NYSE:KRP) Frequently Asked Questions How has Kimbell Royalty Partners' stock been impacted by COVID-19 (Coronavirus)? 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. Since then, KRP stock has decreased by 12.4% and is now trading at $7.34. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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. When is Kimbell Royalty Partners' next earnings date? Kimbell Royalty Partners is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Kimbell Royalty Partners. How were Kimbell Royalty Partners' earnings last quarter? Kimbell Royalty Partners LP (NYSE:KRP) issued its earnings results on Thursday, May, 7th. The energy company reported ($1.29) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.01) by $1.28. The energy company earned $35.95 million during the quarter, compared to the consensus estimate of $26.14 million. Kimbell Royalty Partners had a positive return on equity of 5.97% and a negative net margin of 91.23%. 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 Tuesday, April 28th. Investors of record on Monday, May 4th will be given a dividend of $0.17 per share on Monday, May 11th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 9.26%. The ex-dividend date is Friday, May 1st. View Kimbell Royalty Partners' dividend history. What price target have analysts set for KRP? 9 Wall Street analysts have issued 1 year price targets for Kimbell Royalty Partners' shares. Their forecasts range from $7.00 to $22.00. On average, they expect Kimbell Royalty Partners' stock price to reach $15.25 in the next twelve months. This suggests a possible upside of 107.8% from the stock's current price. View analysts' price targets for Kimbell Royalty Partners. Has Kimbell Royalty Partners been receiving favorable news coverage? Press coverage about KRP stock has trended very negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Kimbell Royalty Partners earned a news impact score of -3.0 on InfoTrie's scale. They also assigned news stories about the energy company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutKimbell Royalty Partners. Are investors shorting Kimbell Royalty Partners? Kimbell Royalty Partners saw a increase in short interest in May. As of May 15th, there was short interest totaling 210,400 shares, an increase of 37.2% from the April 30th total of 153,400 shares. Based on an average daily trading volume, of 270,800 shares, the short-interest ratio is currently 0.8 days. Currently, 0.9% of the company's shares are short sold. View Kimbell Royalty Partners' Current Options Chain. Who are some of Kimbell Royalty Partners' key competitors? Some companies that are related to Kimbell Royalty Partners include Southwestern Energy (SWN), Viper Energy Partners (VNOM), Range Resources (RRC), Magnolia Oil & Gas (MGY), ARC Resources (AETUF), Black Stone Minerals (BSM), PDC Energy (PDCE), Comstock Resources (CRK), Matador Resources (MTDR), Antero Resources (AR), Vermilion Energy (VET), Talos Energy (TALO), Crescent Point Energy (CPG), Kosmos Energy (KOS) and Brigham Minerals (MNRL). View all competitors. 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 LP Unit (ET), Enterprise Products Partners (EPD), EnLink Midstream (ENLC), Innovative Industrial Properties (IIPR), NY MTG TR INC/SH (NYMT), USA Compression Partners (USAC), Viper Energy Partners (VNOM), Carnival (CCL), NGL Energy Partners (NGL) and Williams Companies (WMB). Who are Kimbell Royalty Partners' key executives? Kimbell Royalty Partners' management team includes the following 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 Commercial Officer of Kimbell Royalty GP LLC (Age 42) When did Kimbell Royalty Partners IPO? (KRP) raised $100 million in an initial public offering (IPO) 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 Kohlberg Kravis Roberts & Co. L.P. (7.70%), Alyeska Investment Group L.P. (1.27%), Wellington Management Group LLP (0.63%), Raymond James & Associates (0.51%), Horizon Kinetics Asset Management LLC (0.48%) and TSP Capital Management Group LLC (0.42%). Company insiders that own Kimbell Royalty Partners stock include Brett G Taylor, Erik B Daugbjerg, Jeff Mcinnis, Kkr Upstream Associates Llc, Matthew S Daly, Minerals & Royalties Haymaker, Mitch S Wynne, Peter Alcorn, Robert D Ravnaas, Robert Davis Ravnaas, 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? KRP stock was sold by a variety of institutional investors in the last quarter, including Kohlberg Kravis Roberts & Co. L.P., Wellington Management Group LLP, Oppenheimer & Co. Inc., Raymond James & Associates, Morgan Stanley, and JPMorgan Chase & Co.. View insider buying and selling activity for Kimbell Royalty Partners. Which institutional investors are buying Kimbell Royalty Partners stock? KRP stock was purchased by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P., Soros Fund Management LLC, Invesco Ltd., Raymond James Financial Services Advisors Inc., King Luther Capital Management Corp, Pin Oak Investment Advisors Inc., Harrell Investment Partners LLC, and Concorde Asset Management LLC. Company insiders that have bought Kimbell Royalty Partners stock in the last two years include Brett G Taylor, Erik B Daugbjerg, Jeff Mcinnis, Matthew S Daly, Mitch S Wynne, Peter Alcorn, Robert D Ravnaas, Robert Davis Ravnaas, T Scott Martin, and William H Adams III. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Kimbell Royalty Partners' stock price today? One share of KRP stock can currently be purchased for approximately $7.34. How big of a company is Kimbell Royalty Partners? Kimbell Royalty Partners has a market capitalization of $438.87 million and generates $108.22 million in revenue each year. The energy company earns $-69,060,000.00 in net income (profit) each year or $3.37 on an earnings per share basis. What is Kimbell Royalty Partners' official website? The official website for Kimbell Royalty Partners is 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] This page was last updated on 5/28/2020 by MarketBeat.com Staff
