Kimbell Royalty Partners, LP (KRP)

Market Cap	1.53B
Revenue (ttm)	325.01M
Net Income (ttm)	38.73M
Shares Out	95.49M
EPS (ttm)	0.52
PE Ratio	30.77
Forward PE	18.15
Dividend	$1.75 (10.94%)
Ex-Dividend Date	Nov 18, 2024

Volume	595,708
Open	15.87
Previous Close	15.89
Day's Range	15.81 - 16.01
52-Week Range	14.26 - 17.07
Beta	1.13
Analysts	Strong Buy
Price Target	19.60 (+22.5%)
Earnings Date	Nov 7, 2024

About KRP

Kimbell Royalty Partners, LP, together with its subsidiaries, engages in acquiring and owning mineral and royalty interests in oil and natural gas properties in the United States. It serves as the general partner of the company. The company was incorporated in 2015 and is based in Fort Worth, Texas.

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• IPO Date: Feb 3, 2017
• Employees: 23
• Stock Exchange: NYSE
• Ticker Symbol: KRP
• Website: https://www.kimbellrp.com

Financial Performance

In 2023, KRP's revenue was $273.18 million, a decrease of -4.16% compared to the previous year's $285.04 million. Earnings were $61.71 million, a decrease of -34.71%.

Analyst Forecast

According to 5 analysts, the average rating for KRP stock is "Strong Buy." The 12-month stock price forecast is $19.6, which is an increase of 22.50% from the latest price.

Price Target

$19.6

(22.50% upside)

Analyst Consensus: Strong Buy