Kimbell Royalty Partners, LP (KRP)

NYSE: KRP · Real-Time Price · USD
13.99
+0.36 (2.64%)
At close: Mar 14, 2025, 4:00 PM
14.04
+0.05 (0.36%)
After-hours: Mar 14, 2025, 7:48 PM EST
2.64%
Market Cap 1.51B
Revenue (ttm) 310.65M
Net Income (ttm) -8.84M
Shares Out 108.21M
EPS (ttm) -0.12
PE Ratio n/a
Forward PE 27.47
Dividend $1.72 (12.29%)
Ex-Dividend Date Mar 18, 2025
Volume 742,157
Open 13.73
Previous Close 13.63
Day's Range 13.69 - 14.04
52-Week Range 13.24 - 17.07
Beta 1.01
Analysts Buy
Price Target 18.25 (+30.45%)
Earnings Date May 1, 2025

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. [Read more]

Sector Energy
IPO Date Feb 3, 2017
Employees 23
Stock Exchange NYSE
Ticker Symbol KRP
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for KRP stock is "Buy." The 12-month stock price forecast is $18.25, which is an increase of 30.45% from the latest price.

Price Target
$18.25
(30.45% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Down, But Not Out: My Favorite Energy Stocks For Income And Growth

President Trump aims to lower oil prices, but domestic production growth faces challenges. The administration may turn to OPEC+ and political pressure to boost supply. Despite short-term volatility, m...

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3 days ago - Seeking Alpha

Kimbell Royalty Partners: High-Quality Business Model And Solid Balance Sheet Justify A Buy

Kimbell Royalty Partners maintains strong top line performance and liquidity despite volatile oil and gas markets, driven by strategic acquisitions and a non-capital-intensive business model. KRP's hi...

9 days ago - Seeking Alpha

Kimbell Royalty Partners: Reviewing Its Guidance For 2025

Kimbell is projected to generate $2.19 per unit in 2025 distributable cash flow at the current strip. Kimbell's production is 33% oil and 48% natural gas, so strong natural gas prices help to offset w...

10 days ago - Seeking Alpha

Kimbell Royalty Partners Announces Filing of 2024 Annual Report on Form 10-K

FORT WORTH, Texas , Feb. 27, 2025 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell Royalty Partners" or "Kimbell"), a leading owner of oil and natural gas mineral and royalty interes...

15 days ago - PRNewsWire

Kimbell Royalty Partners, LP Common Units (KRP) Q4 2024 Earnings Call Transcript

Kimbell Royalty Partners, LP Common Units (NYSE:KRP) Q4 2024 Earnings Conference Call February 27, 2025 11:00 AM ET Company Participants Rick Black – Investor Relations Bob Ravnaas – Chairman and Chi...

15 days ago - Seeking Alpha

Kimbell Royalty Partners Announces Record Fourth Quarter and Full Year 2024 Results

Production Exceeded 25,000 Boe/d (6:1) for First Time Including a Full-Quarter of Acquired Production Activity on Acreage Remains Robust with 91 Active Rigs Drilling Representing 16% 1  Market Share o...

15 days ago - PRNewsWire

Kimbell Royalty Partners: A Premium Long-Term Investment With A Massive Dividend Yield

Kimbell Royalty presents an attractive medium- to long-term investment opportunity, offering a strong dividend yield backed by solid financials. The company's low debt levels and tax-efficient structu...

18 days ago - Seeking Alpha

Kimbell Royalty Partners: Revenue Growth, 10% Dividend, No K1

Kimbell Royalty Partners is enjoying a slow but steady increase in revenues. It consistently shares its revenue via a high dividend, currentlly 10%. KRP partners with some off the great names in the E...

6 weeks ago - Seeking Alpha

Kimbell Royalty Partners Closes $230 Million Acquisition of Midland Basin Mineral and Royalty Interests in Cash Transaction

FORT WORTH, Texas , Jan. 17, 2025 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and gas mineral and royalty interests in over 17 million...

2 months ago - PRNewsWire

Kimbell Royalty Partners: Midland Basin Acquisition May Boost Oil Production By 15%

Kimbell is acquiring Midland Basin royalty interests for $231 million. The seller is getting paid mostly with cash, but KRP is also issuing shares via a public offering to limit the increase in its de...

2 months ago - Seeking Alpha

Kimbell Royalty Partners, LP Announces Pricing of Upsized Public Offering of Common Units

FORT WORTH, Texas , Jan. 7, 2025 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell") today announced the pricing of its upsized public offering of 10,000,000 common units representing...

2 months ago - PRNewsWire

Kimbell Royalty Partners, LP Announces Public Offering of Common Units

FORT WORTH, Texas , Jan. 7, 2025 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell") today announced that it has commenced an underwritten public offering of 9,000,000 common units re...

2 months ago - PRNewsWire

Kimbell Royalty Partners, LP Announces $231 Million Midland Basin Acquisition in Cash and Unit Transaction(1)

Oil and natural gas royalty interests located under the prolific Mabee Ranch in the Core of the Midland Basin on over 68,000 gross acres HIGHLIGHTS Expected to be immediately accretive to distributabl...

2 months ago - PRNewsWire

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2 months ago - Benzinga

Kimbell Royalty Partners Announces Date for Fourth Quarter 2024 Earnings Release and Conference Call

FORT WORTH, Texas, Dec. 19, 2024 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell"), a leading owner of oil and natural gas mineral and royalty interests in more than 129,000 gross w...

3 months ago - PRNewsWire

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3 months ago - Seeking Alpha

Kimbell Royalty Partners: New Permian Wells Should Boost Production And Oil Cut

Kimbell's Q3 2024 production and oil cut modestly declined compared to Q2 2024. KRP still declared a $0.41 per unit distribution, helped by hedges and lease bonus income. Kimbell had a high number of ...

3 months ago - Seeking Alpha

My Favorite Dividend Stocks For The 'New World Order'

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3 months ago - Seeking Alpha

Kimbell Royalty Partners Announces Participation at Upcoming Investor Conferences

FORT WORTH, Texas, Nov. 11, 2024  /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and natural gas mineral and royalty interests in over 12...

4 months ago - PRNewsWire

Kimbell Royalty Partners, LP (KRP) Q3 2024 Earnings Call Transcript

Kimbell Royalty Partners, LP (NYSE:KRP) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Rick Black – IR Bob Ravnaas - Chairman & CEO Davis Ravnaas - President & CFO...

4 months ago - Seeking Alpha

Kimbell Royalty Partners Announces Third Quarter 2024 Results

Q3 2024 Run-Rate Daily Production of 23,846 Boe/d (6:1) Activity on Acreage Remains Robust with 90 Active Rigs Drilling Representing 16% 1  Market Share of U.S. Land Rig Count Net Drilled But Uncomple...

4 months ago - PRNewsWire