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

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$15.46 +0.15 (+0.98 %)
(As of 01/21/2019 02:54 PM ET)
Previous Close$15.31
Today's Range$15.30 - $15.51
52-Week Range$13.01 - $24.50
Volume32,491 shs
Average Volume60,071 shs
Market Capitalization$468.27 million
P/E Ratio118.92
Dividend Yield11.64%
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, 2017, the company owned mineral and royalty interests in approximately 3.7 million gross acres and overriding royalty interests in approximately 2 million gross acres. Its mineral and royalty interests are located in 20 states and include ownership in approximately 50,000 gross producing wells, including approximately 30,000 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.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas



Sales & Book Value

Annual Sales$30.97 million
Cash Flow$1.0774 per share
Book Value$15.87 per share


Net Income$1.21 million
Net Margins-108.86%


Market Cap$468.27 million
OptionableNot Optionable

Kimbell Royalty Partners (NYSE:KRP) Frequently Asked Questions

What is Kimbell Royalty Partners' stock symbol?

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

How often does Kimbell Royalty Partners pay dividends? What is the dividend yield for Kimbell Royalty Partners?

Kimbell Royalty Partners declared a quarterly dividend on Friday, October 26th. Investors of record on Monday, November 5th will be paid a dividend of $0.45 per share on Monday, November 12th. This represents a $1.80 annualized dividend and a dividend yield of 11.64%. The ex-dividend date is Friday, November 2nd. This is a boost from Kimbell Royalty Partners's previous quarterly dividend of $0.43. View Kimbell Royalty Partners' Dividend History.

How were Kimbell Royalty Partners' earnings last quarter?

Kimbell Royalty Partners LP (NYSE:KRP) released its quarterly earnings results on Thursday, November, 8th. The energy company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by $0.29. The energy company had revenue of $18.41 million for the quarter, compared to analyst estimates of $22.48 million. Kimbell Royalty Partners had a negative net margin of 108.86% and a positive return on equity of 0.23%. View Kimbell Royalty Partners' Earnings History.

When is Kimbell Royalty Partners' next earnings date?

Kimbell Royalty Partners is scheduled to release their next quarterly earnings announcement on Thursday, March 7th 2019. View Earnings Estimates for Kimbell Royalty Partners.

What price target have analysts set for KRP?

4 equities research analysts have issued twelve-month price targets for Kimbell Royalty Partners' stock. Their predictions range from $19.00 to $30.00. On average, they expect Kimbell Royalty Partners' share price to reach $24.25 in the next year. This suggests a possible upside of 56.9% from the stock's current price. View Analyst Price Targets for Kimbell Royalty Partners.

What is the consensus analysts' recommendation for Kimbell Royalty Partners?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kimbell Royalty Partners in the last year. There are currently 2 hold ratings, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Kimbell Royalty Partners.

Has Kimbell Royalty Partners been receiving favorable news coverage?

Media stories about KRP stock have trended positive on Monday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Kimbell Royalty Partners earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave media headlines about the energy company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term.

Who are some of Kimbell Royalty Partners' key competitors?

Who are Kimbell Royalty Partners' key executives?

Kimbell Royalty Partners' management team includes the folowing people:
  • Mr. Robert Dean Ravnaas, CEO & Chairman of Kimbell Royalty GP LLC (Age 60)
  • Mr. Brett G. Taylor, Exec. Vice Chairman of Kimbell Royalty GP LLC (Age 57)
  • Mr. Robert Davis Ravnaas, Pres & CFO of Kimbell Royalty GP LLC (Age 32)
  • Mr. Matthew S. Daly, COO & Sec. of Kimbell Royalty GP LLC (Age 45)
  • Mr. Jeff McInnis, Chief Accounting Officer of Kimbell Royalty GP LLC (Age 41)

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 $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.

Who are Kimbell Royalty Partners' major shareholders?

Kimbell Royalty Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include SG Capital Management LLC (0.06%). Company insiders that own Kimbell Royalty Partners stock include Benny D Duncan, Brett G Taylor, Erik B Daugbjerg, Jeff Mcinnis, Mitch S Wynne, Peter Alcorn, 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 SG Capital Management LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Kimbell Royalty Partners' stock price today?

One share of KRP stock can currently be purchased for approximately $15.46.

How big of a company is Kimbell Royalty Partners?

Kimbell Royalty Partners has a market capitalization of $468.27 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.

What is Kimbell Royalty Partners' official website?

The official website for Kimbell Royalty Partners is http://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]

MarketBeat Community Rating for Kimbell Royalty Partners (NYSE KRP)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  162 (Vote Outperform)
Underperform Votes:  126 (Vote Underperform)
Total Votes:  288
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.
This page was last updated on 1/21/2019 by MarketBeat.com Staff

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