Kimbell Royalty Partners L.P. (KRP)

NYSE: KRP · IEX Real-Time Price · USD
19.37
0.17 (0.89%)
May 27, 2022 12:22 PM EDT - Market open
Market Cap1.27B
Revenue (ttm)146.95M
Net Income (ttm)30.65M
Shares Out65.54M
EPS (ttm)0.34
PE Ratio57.48
Forward PE15.72
Dividend$1.52 (7.85%)
Ex-Dividend DateApr 29, 2022
Volume156,770
Open19.22
Previous Close19.20
Day's Range19.04 - 19.51
52-Week Range10.00 - 19.70
Beta1.56
AnalystsBuy
Price Target21.93 (+13.2%)
Earnings DateMay 5, 2022

About KRP

Kimbell Royalty Partners, LP, together with its subsidiaries, acquires and owns mineral and royalty interests in oil and natural gas properties in the United States. As of December 31, 2021, it owned mineral and royalty interests in approximately 11.4 million gross acres and overriding royalty interests in approximately 4.7 million gross acres. The company's mineral and royalty interests are located in 28 states and include ownership in approximately 122,000 gross wells, including approximately 46,000 wells in the Permian Basin. It serves as th...

IndustryOil, Gas & Consumable Fuels
IPO DateFeb 3, 2017
CEORobert Ravnaas
Employees2,021
Stock ExchangeNYSE
Ticker SymbolKRP
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for KRP stock is "Buy." The 12-month stock price forecast is 21.93, which is an increase of 13.22% from the latest price.

Price Target
$21.93
(13.22% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Kimbell Royalty (KRP) Is Up 3.07% in One Week: What You Should Know

Does Kimbell Royalty (KRP) have what it takes to be a top stock pick for momentum investors? Let's find out.

23 hours ago - Zacks Investment Research

Has Kimbell Royalty (KRP) Outpaced Other Oils-Energy Stocks This Year?

Here is how Kimbell Royalty (KRP) and Helmerich & Payne (HP) have performed compared to their sector so far this year.

3 days ago - Zacks Investment Research

Earnings Estimates Rising for Kimbell Royalty (KRP): Will It Gain?

Kimbell Royalty (KRP) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

3 days ago - Zacks Investment Research

Recent Price Trend in Kimbell Royalty (KRP) is Your Friend, Here's Why

If you are looking for stocks that are well positioned to maintain their recent uptrend, Kimbell Royalty (KRP) could be a great choice. It is one of the several stocks that passed through our "Recent Pr...

1 week ago - Zacks Investment Research

Are You Looking for a Top Momentum Pick? Why Kimbell Royalty (KRP) is a Great Choice

Does Kimbell Royalty (KRP) have what it takes to be a top stock pick for momentum investors? Let's find out.

2 weeks ago - Zacks Investment Research

Kimbell Royalty (KRP) Misses Q1 Earnings and Revenue Estimates

Kimbell Royalty (KRP) delivered earnings and revenue surprises of -23.53% and 22.81%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Kimbell Royalty Partners Announces Record First Quarter 2022 Results

20% Growth in Rig Count; 6% Growth in Net DUCs and Permits Record Oil, Natural Gas and Natural Gas Liquids Revenue Record Consolidated Adjusted EBITDA Record Cash Available for Distribution per Common U...

3 weeks ago - PRNewsWire

Kimbell Royalty (KRP) Earnings Expected to Grow: Should You Buy?

Kimbell Royalty (KRP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 weeks ago - Zacks Investment Research

Kimbell Royalty Partners Declares First Quarter 2022 Distribution

FORT WORTH, Texas, April 22, 2022 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell"), a leading owner of oil and natural gas mineral and royalty interests in more than 122,000 gross we...

1 month ago - PRNewsWire

Can Kimbell Royalty (KRP) Run Higher on Rising Earnings Estimates?

Kimbell Royalty (KRP) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

1 month ago - Zacks Investment Research

Kimbell Royalty Partners Announces Timing of First Quarter 2022 Earnings Release and Conference Call

FORT WORTH, Texas, March 23, 2022 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell"), a leading owner of oil and natural gas mineral and royalty interests in over 16 million gross acre...

2 months ago - PRNewsWire

Kimbell Royalty Partners Announces Filing of 2021 Annual Report on Form 10-K

FORT WORTH, Texas, Feb. 25, 2022 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell Royalty Partners" or "Kimbell"), a leading owner of oil and natural gas mineral and royalty interests ...

3 months ago - PRNewsWire

Kimbell Royalty (KRP) Q4 Earnings and Revenues Top Estimates

Kimbell Royalty (KRP) delivered earnings and revenue surprises of 144.44% and 22.36%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Kimbell Royalty Partners Announces Fourth Quarter and Full Year 2021 Results

FORT WORTH, Texas, Feb. 24, 2022 /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 16 mi...

3 months ago - PRNewsWire

Earnings Preview: Kimbell Royalty (KRP) Q4 Earnings Expected to Decline

Kimbell Royalty (KRP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Kimbell Royalty Partners Declares Fourth Quarter 2021 Distribution

FORT WORTH, Texas, Jan. 21, 2022 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell"), a leading owner of oil and natural gas mineral and royalty interests in more than 122,000 gross wel...

4 months ago - PRNewsWire

What Makes Kimbell Royalty (KRP) a Good Fit for "Trend Investing"

Kimbell Royalty (KRP) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through...

4 months ago - Zacks Investment Research

Is Kimbell Royalty (KRP) Outperforming Other Oils-Energy Stocks This Year?

Here is how Kimbell Royalty (KRP) and Transocean (RIG) have performed compared to their sector so far this year.

4 months ago - Zacks Investment Research

Kimbell Royalty Partners Announces Timing of Fourth Quarter 2021 Earnings Release and Conference Call

FORT WORTH, Texas, Dec. 20, 2021 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell"), a leading owner of oil and natural gas mineral and royalty interests in over 13 million gross acres...

5 months ago - PRNewsWire

Kimbell Royalty Partners Closes $57 Million Acquisition of Mineral and Royalty Interests in Cash Transaction

FORT WORTH, Texas, Dec. 7, 2021 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and gas mineral and royalty interests in over 13 million gro...

5 months ago - PRNewsWire

Kimbell Royalty Partners, LP Prices Public Offering of Common Units

FORT WORTH, Texas, Nov. 9, 2021 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell") today announced the pricing of its public offering of 3,750,000 common units representing limited par...

6 months ago - PRNewsWire

Kimbell Royalty Partners, LP Announces Public Offering of Common Units

FORT WORTH, Texas, Nov. 9, 2021 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell") today announced that it has commenced an underwritten public offering of 3,750,000 common units repre...

6 months ago - PRNewsWire

Kimbell Royalty Partners Announces $57 Million Acquisition of Mineral and Royalty Interests in Cash Transaction

FORT WORTH, Texas, Nov. 9, 2021 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and gas mineral and royalty interests in approximately 13 mi...

6 months ago - PRNewsWire

Kimbell Royalty (KRP) Q3 Earnings and Revenues Miss Estimates

Kimbell Royalty (KRP) delivered earnings and revenue surprises of -66.67% and -17.68%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Kimbell Royalty Partners Announces Third Quarter 2021 Results

FORT WORTH, Texas, Nov. 4, 2021 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and natural gas mineral and royalty interests in more than 9...

6 months ago - PRNewsWire