KIMBELL ROYALTY Company Profile (NYSE:KRP)

About KIMBELL ROYALTY (NYSE:KRP)

KIMBELL ROYALTY logoKimbell Royalty Partners, LP owns and acquires mineral and royalty interests in oil and natural gas properties throughout the United States. As of December 31, 2015, the Company owned mineral and royalty interests in approximately 3.7 million gross acres and overriding royalty interests in approximately 0.9 million gross acres, with approximately 44% of its acres located in the Permian Basin. As of December 31, 2015, the Company's mineral and royalty interests were located in 20 states and in every onshore basin across the continental United States, and included ownership in over 48,000 gross producing wells, including over 29,000 wells in the Permian Basin. The Company's properties include Permian Basin, Mid-Continent, Terryville/Cotton Valley/Haynesville, Eagle Ford, Barnett Shale/Fort Worth Basin, Bakken/Williston Basin, San Juan Basin, Onshore California, DJ Basin/Rockies/Niobrara, Illinois Basin and others.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Integrated Oil & Gas
  • Sub-Industry: N/A
  • Symbol: NYSE:KRP
  • CUSIP: N/A
  • Web: www.kimbellrp.com
Capitalization:
  • Market Cap: $261.13 million
  • Outstanding Shares: 16,332,000
Average Prices:
  • 50 Day Moving Avg: $16.06
  • 200 Day Moving Avg: $18.25
  • 52 Week Range: $15.06 - $20.89
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 35.20
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $7.72 million
  • Price / Sales: 33.51
  • Book Value: $16.75 per share
  • Price / Book: 0.95
Dividend:
  • Annual Dividend: $1.20
  • Dividend Yield: 7.6%
Profitability:
  • EBIDTA: $3.11 million
Debt:
  • Debt-to-Equity Ratio: 0.07%
  • Current Ratio: 8.07%
  • Quick Ratio: 5.73%
Misc:
  • Average Volume: 20,727 shs.
  • Short Ratio: 0.27
 

Frequently Asked Questions for KIMBELL ROYALTY (NYSE:KRP)

What is KIMBELL ROYALTY's stock symbol?

KIMBELL ROYALTY trades on the New York Stock Exchange (NYSE) under the ticker symbol "KRP."

How often does KIMBELL ROYALTY pay dividends? What is the dividend yield for KIMBELL ROYALTY?

KIMBELL ROYALTY declared a quarterly dividend on Friday, July 28th. Stockholders of record on Monday, August 7th will be given a dividend of $0.30 per share on Monday, August 14th. This represents a $1.20 annualized dividend and a dividend yield of 7.58%. The ex-dividend date is Thursday, August 3rd. View KIMBELL ROYALTY's Dividend History.

How were KIMBELL ROYALTY's earnings last quarter?

KIMBELL ROYALTY (NYSE:KRP) announced its earnings results on Thursday, August, 10th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.08 by $0.06. The firm had revenue of $7.75 million for the quarter, compared to analysts' expectations of $7.87 million. View KIMBELL ROYALTY's Earnings History.

When will KIMBELL ROYALTY make its next earnings announcement?

KIMBELL ROYALTY is scheduled to release their next quarterly earnings announcement on Thursday, November, 9th 2017. View Earnings Estimates for KIMBELL ROYALTY.

Where is KIMBELL ROYALTY's stock going? Where will KIMBELL ROYALTY's stock price be in 2017?

6 equities research analysts have issued 1-year price objectives for KIMBELL ROYALTY's stock. Their forecasts range from $19.00 to $25.00. On average, they expect KIMBELL ROYALTY's share price to reach $21.80 in the next year. View Analyst Ratings for KIMBELL ROYALTY.

Who are some of KIMBELL ROYALTY's key competitors?

Who are KIMBELL ROYALTY's key executives?

KIMBELL ROYALTY's management team includes the folowing people:

  • Robert Davis Ravnaas, Chairman of the Board, Chief Executive Officer of the General Partner
  • R. Davis Ravnaas, President, Chief Financial Officer of the General Partner
  • Brett G. Taylor, Executive Vice Chairman of the Board of the General Partner
  • Matthew S. Daly, Chief Operating Officer of the General Partner
  • Jeff McInnis, Chief Accounting Officer of the General Partner
  • Benny D. Duncan, Director of the General Partner
  • Ben J. Fortson, Director of the General Partner
  • T. Scott Martin, Director of the General Partner
  • Mitch S. Wynne, Director of the General Partner
  • William H. Adams III, Independent Director of the General Partner

When did KIMBELL ROYALTY IPO?

(KRP) raised $100 million in an 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.

When did the company's lock-up period expire?

KIMBELL ROYALTY's lock-up period expired on Wednesday, August 2nd. KIMBELL ROYALTY had issued 5,000,000 shares in its IPO on February 3rd. The total size of the offering was $90,000,000 based on an initial share price of $18.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the end of the lock-up period.

Who owns KIMBELL ROYALTY stock?

KIMBELL ROYALTY's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (5.76%), DUNCAN BENNY D. (1.80%), Wells Fargo & Company MN (1.53%), Crow Point Partners LLC (1.30%), HITE Hedge Asset Management LLC (0.69%) and Lucas Capital Management (0.33%). Company insiders that own KIMBELL ROYALTY stock include Brett G Taylor, Jeff Mcinnis, Mitch S Wynne, T Scott Martin and William H Adams III. View Institutional Ownership Trends for KIMBELL ROYALTY.

Who sold KIMBELL ROYALTY stock? Who is selling KIMBELL ROYALTY stock?

KIMBELL ROYALTY's stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc. and Stifel Financial Corp. View Insider Buying and Selling for KIMBELL ROYALTY.

Who bought KIMBELL ROYALTY stock? Who is buying KIMBELL ROYALTY stock?

KIMBELL ROYALTY's stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Wells Fargo & Company MN, Raymond James Financial Services Advisors Inc., Hollow Brook Wealth Management LLC, Royal Bank of Canada, King Luther Capital Management Corp and Lucas Capital Management. Company insiders that have bought KIMBELL ROYALTY 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.

How do I buy KIMBELL ROYALTY stock?

Shares of KIMBELL ROYALTY can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is KIMBELL ROYALTY's stock price today?

One share of KIMBELL ROYALTY stock can currently be purchased for approximately $15.84.


MarketBeat Community Rating for KIMBELL ROYALTY (NYSE KRP)
Community Ranking:  3.2 out of 5 (  )
Outperform Votes:  37 (Vote Outperform)
Underperform Votes:  21 (Vote Underperform)
Total Votes:  58
MarketBeat's community ratings are surveys of what our community members think about KIMBELL ROYALTY and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for KIMBELL ROYALTY (NYSE:KRP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 3.17)
Consensus Price Target: $21.80 (37.63% upside)

Analysts' Ratings History for KIMBELL ROYALTY (NYSE:KRP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/18/2017Stifel NicolausSet Price TargetBuy$19.00LowView Rating Details
8/15/2017Imperial CapitalInitiated CoverageOutperform$20.00LowView Rating Details
7/24/2017Royal Bank Of CanadaReiterated RatingBuy$22.00HighView Rating Details
2/28/2017Raymond James Financial, Inc.Initiated CoverageStrong-Buy -> Strong-Buy$25.00N/AView Rating Details
2/27/2017StephensInitiated CoverageOverweightN/AView Rating Details
2/13/2017WunderlichInitiated CoverageBuy$23.00N/AView Rating Details
(Data available from 8/19/2015 forward)

Earnings

Earnings History for KIMBELL ROYALTY (NYSE:KRP)
Earnings by Quarter for KIMBELL ROYALTY (NYSE:KRP)
Earnings History by Quarter for KIMBELL ROYALTY (NYSE KRP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/9/2017        
8/10/2017Q2 2017$0.08$0.02$7.87 million$7.75 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for KIMBELL ROYALTY (NYSE:KRP)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20171($0.01)($0.01)($0.01)
Q4 20171$0.00$0.00$0.00
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for KIMBELL ROYALTY (NYSE:KRP)
Most Recent Dividend:8/14/2017
Annual Dividend:$1.20
Dividend Yield:7.58%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:666.67% (Based on This Year's Estimates)
266.67% (Based on Next Year's Estimates)
Dividend Payments by Quarter for KIMBELL ROYALTY (NYSE:KRP)

Dividend History by Quarter for KIMBELL ROYALTY (NYSE KRP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/28/2017Quarterly$0.307.38%8/3/20178/7/20178/14/2017
5/2/2017Quarterly$0.235/4/20175/8/20175/15/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for KIMBELL ROYALTY (NYSE:KRP)
Institutional Ownership Percentage: 20.48%
Insider Trades by Quarter for KIMBELL ROYALTY (NYSE:KRP)
Institutional Ownership by Quarter for KIMBELL ROYALTY (NYSE:KRP)
Insider Trades by Quarter for KIMBELL ROYALTY (NYSE:KRP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/23/2017William H Adams IIIDirectorBuy4,772$15.87$75,731.64View SEC Filing  
6/22/2017Mitch S WynneDirectorBuy2,000$16.19$32,380.00View SEC Filing  
6/21/2017Brett G TaylorDirectorBuy4,687$16.10$75,460.70View SEC Filing  
2/8/2017Jeff McinnisInsiderBuy2,777$18.00$49,986.00View SEC Filing  
2/8/2017T Scott MartinDirectorBuy9,041$6.64$60,032.24View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for KIMBELL ROYALTY (NYSE:KRP)
Latest Headlines for KIMBELL ROYALTY (NYSE:KRP)
Source:
DateHeadline
americanbankingnews.com logoStifel Nicolaus Reaffirms "Buy" Rating for Kimbell Royalty (KRP)
www.americanbankingnews.com - August 18 at 5:42 PM
americanbankingnews.com logoImperial Capital Weighs in on Kimbell Royalty's Q3 2017 Earnings (KRP)
www.americanbankingnews.com - August 17 at 8:22 AM
seekingalpha.com logoImperial issues bullish calls on energy names CPE, PE, REI, RSPP, KRP, VNOM
seekingalpha.com - August 16 at 4:15 AM
americanbankingnews.com logoKimbell Royalty (NYSE:KRP) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - August 15 at 4:32 AM
seekingalpha.com logoKimbell Royalty Partners misses by $0.06, misses on revenue
seekingalpha.com - August 12 at 2:13 AM
finance.yahoo.com logoKimbell Royalty Partners Announces Second Quarter 2017 Financial and Operating Results
finance.yahoo.com - August 11 at 5:54 AM
finance.yahoo.com logoEdited Transcript of KRP.N earnings conference call or presentation 10-Aug-17 3:00pm GMT
finance.yahoo.com - August 11 at 5:54 AM
americanbankingnews.com logoKimbell Royalty (KRP) Posts Quarterly Earnings Results, Misses Estimates By $0.06 EPS
www.americanbankingnews.com - August 10 at 7:46 PM
americanbankingnews.com logoCritical Analysis: InterOil (IOC) versus KIMBELL ROYALTY (KRP)
www.americanbankingnews.com - August 4 at 8:18 AM
americanbankingnews.com logo$7.87 Million in Sales Expected for KIMBELL ROYALTY (KRP) This Quarter
www.americanbankingnews.com - August 3 at 7:52 AM
americanbankingnews.com logoKimbell Royalty (KRP) Set to Announce Earnings on Thursday
www.americanbankingnews.com - August 3 at 7:16 AM
americanbankingnews.com logoKimbell Royalty's (NYSE:KRP) Lock-Up Period Will Expire Tomorrow
www.americanbankingnews.com - August 1 at 12:28 PM
finance.yahoo.com logoKimbell Royalty Partners Announces Second Quarter 2017 Distribution
finance.yahoo.com - July 29 at 1:33 AM
americanbankingnews.com logoKimbell Royalty (KRP) Announces Dividend of $0.30
www.americanbankingnews.com - July 28 at 4:51 PM
americanbankingnews.com logoRoyal Bank Of Canada Reaffirms "Buy" Rating for Kimbell Royalty Partners LP (NYSE:KRP)
www.americanbankingnews.com - July 24 at 10:20 PM
americanbankingnews.com logoKimbell Royalty (NYSE:KRP) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - July 21 at 9:26 AM
americanbankingnews.com logoPetrobras Argentina (PZE) versus Kimbell Royalty (NYSE:KRP) Critical Analysis
www.americanbankingnews.com - July 13 at 10:26 AM
americanbankingnews.com logo Analysts Expect KIMBELL ROYALTY (NYSE:KRP) Will Post Quarterly Sales of $8.45 Million
www.americanbankingnews.com - July 9 at 7:24 AM
americanbankingnews.com logoKimbell Royalty (KRP) Expected to Announce Earnings of $0.11 Per Share
www.americanbankingnews.com - July 8 at 12:12 AM
finance.yahoo.com logoKimbell Royalty Partners Announces Timing of Second Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - June 30 at 11:19 PM
americanbankingnews.com logoKimbell Royalty (KRP) Director Mitch S. Wynne Purchases 2,000 Shares
www.americanbankingnews.com - June 26 at 7:38 PM
americanbankingnews.com logoKimbell Royalty (KRP) Director William H. Adams III Acquires 4,772 Shares
www.americanbankingnews.com - June 26 at 7:18 PM
americanbankingnews.com logoKimbell Royalty (KRP) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - June 26 at 9:46 AM
americanbankingnews.com logoBrett G. Taylor Purchases 4,687 Shares of Kimbell Royalty (KRP) Stock
www.americanbankingnews.com - June 22 at 10:26 PM
americanbankingnews.com logo$8.43 Million in Sales Expected for KIMBELL ROYALTY (KRP) This Quarter
www.americanbankingnews.com - June 15 at 9:18 AM
americanbankingnews.com logo$0.09 EPS Expected for Kimbell Royalty (KRP) This Quarter
www.americanbankingnews.com - June 13 at 10:30 PM
americanbankingnews.com logoKimbell Royalty Partners LP (KRP) Upgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - June 3 at 7:20 AM
americanbankingnews.com logoKimbell Royalty Partners LP (KRP) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - May 30 at 11:28 AM
americanbankingnews.com logoKimbell Royalty Partners LP (KRP) Expected to Announce Quarterly Sales of $8.43 Million
www.americanbankingnews.com - May 19 at 11:54 PM
streetinsider.com logoKimbell Royalty Partners, LP (KRP) Names Matthew Daly as COO
www.streetinsider.com - May 17 at 6:11 PM
finance.yahoo.com logoKimbell Royalty Partners Promotes Matthew S. Daly to Chief Operating Officer
finance.yahoo.com - May 17 at 9:42 AM
americanbankingnews.com logoKimbell Royalty Partners LP (KRP) Expected to Announce Earnings of $0.09 Per Share
www.americanbankingnews.com - May 17 at 8:20 AM
reuters.com logoBRIEF-Kimbell Royalty Partners Q1 earnings per share $0.02
www.reuters.com - May 12 at 6:52 PM
finance.yahoo.com logoKimbell Royalty Partners Files Form 10-Q, Announces Final First Quarter 2017 Financial and Operating Results and Provides Update on Potential Full-Cost Ceiling Test Impairment
finance.yahoo.com - May 12 at 6:52 PM
reuters.com logoBRIEF-Kimbell Royalty Partners Q1 revenue view $8.7 million
www.reuters.com - May 8 at 5:48 PM
streetinsider.com logoKimbell Royalty Partners, LP (KRP) Misses Q1 EPS by 8c
www.streetinsider.com - May 8 at 5:48 PM
finance.yahoo.com logoKimbell Royalty Partners Announces First Quarter 2017 Preliminary Financial and Operating Results
finance.yahoo.com - May 8 at 9:53 AM
americanbankingnews.com logoKimbell Royalty Partners LP (KRP) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - May 3 at 11:20 AM
finance.yahoo.com logoKimbell Royalty Partners Announces First Quarter 2017 Distribution
finance.yahoo.com - May 2 at 7:00 PM
americanbankingnews.com logoKimbell Royalty Partners LP to Issue Dividend of $0.23 (KRP)
www.americanbankingnews.com - May 2 at 12:46 PM
seekingalpha.com logoKimbell Royalty Partners (KRP) Presents At Raymond James Financial Services National Conference - Slideshow
seekingalpha.com - April 28 at 7:09 PM
americanbankingnews.com logoKimbell Royalty Partners LP (KRP) Expected to Post Quarterly Sales of $8.43 Million
www.americanbankingnews.com - April 28 at 5:02 PM
finance.yahoo.com logoKimbell Royalty Partners Announces Dates for First Quarter 2017 Distribution
finance.yahoo.com - April 25 at 5:37 PM
finance.yahoo.com logoKimbell Royalty Partners to Present at Raymond James Financial Services National Conference on April 27
finance.yahoo.com - April 24 at 7:12 PM
biz.yahoo.com logoKIMBELL ROYALTY PARTNERS, LP Files SEC form 10-K, Annual Report
biz.yahoo.com - March 30 at 6:32 PM
finance.yahoo.com logoKimbell Royalty Partners Announces First Quarter 2017 Earnings Release and Conference Call Schedule and Files Form 10-K for 2016
finance.yahoo.com - March 30 at 6:32 PM
americanbankingnews.com logoKimbell Royalty Partners LP (KRP) Research Coverage Started at Stifel Nicolaus
www.americanbankingnews.com - March 12 at 4:30 PM
americanbankingnews.com logoKimbell Royalty Partners LP’s (KRP) Quiet Period To End on March 15th
www.americanbankingnews.com - March 8 at 7:51 AM
finance.yahoo.com logoCoverage initiated on Kimbell Royalty Partners by RBC Capital Mkts, Stifel and Raymond James
finance.yahoo.com - February 28 at 6:20 PM
biz.yahoo.com logoKIMBELL ROYALTY PARTNERS, LP Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisitio
biz.yahoo.com - February 14 at 7:40 PM

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Chart

KIMBELL ROYALTY (KRP) Chart for Saturday, August, 19, 2017

This page was last updated on 8/19/2017 by MarketBeat.com Staff