KRP - Kimbell Royalty Partners LP Stock Price, Fair Value and News

15.79USD+0.13 (+0.83%)Market Closed

Market Summary

USD15.79+0.13

Market Closed

0.83%

KRP Alerts

Big fall in earnings (Y/Y)

KRP Stock Price

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KRP RSI Chart

KRP Valuation

Market Cap

429.4M

Price/Earnings (Trailing)

6.77

Price/Sales (Trailing)

1.37

EV/EBITDA

1.84

Price/Free Cashflow

2.2

KRP Price/Sales (Trailing)

KRP Profitability

EBT Margin

21.24%

Return on Assets

4.91%

Free Cashflow Yield

45.53%

KRP Fundamentals

KRP Revenue

Revenue (TTM)

314.1M

Rev. Growth (Yr)

22.89%

Rev. Growth (Qtr)

-22.19%

KRP Earnings

Earnings (TTM)

63.4M

Earnings Growth (Yr)

-67.69%

Earnings Growth (Qtr)

-47.63%

Breaking Down KRP Revenue

Last 7 days

-3.3%

Last 30 days

-1.6%

Last 90 days

4.6%

Trailing 12 Months

1.1%

How does KRP drawdown profile look like?

KRP Financial Health

Current Ratio

8.48

KRP Investor Care

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	314.1M	0	0	0
2023	265.6M	243.9M	239.3M	298.8M
2022	147.0M	199.8M	241.9M	232.4M
2021	77.0M	89.9M	103.2M	135.6M
2020	126.2M	107.1M	92.6M	90.5M
2019	77.3M	98.5M	113.1M	108.2M
2018	36.7M	39.6M	49.7M	70.3M
2017	9.0M	19.7M	25.0M	30.3M
2016	4.4M	4.1M	3.9M	3.6M
2015	0	0	0	4.7M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Kimbell Royalty Partners LP

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 19, 2024	rhynsburger blayne	sold	-101,197	15.6	-6,487	controller
Mar 19, 2024	taylor brett g.	sold	-421,298	15.51	-27,163	-
Mar 11, 2024	taylor brett g.	sold	-265,326	15.71	-16,889	-
Mar 07, 2024	taylor brett g.	sold	-85,214	15.55	-5,480	-
Mar 06, 2024	taylor brett g.	sold	-24,258	15.55	-1,560	-
Mar 05, 2024	taylor brett g.	sold	-467,267	15.53	-30,088	-
Mar 04, 2024	ravnaas robert davis	sold (taxes)	-338,713	15.65	-21,643	president and cfo
Mar 04, 2024	rhynsburger blayne	sold (taxes)	-18,138	15.65	-1,159	controller
Mar 04, 2024	taylor brett g.	sold (taxes)	-304,064	15.65	-19,429	-
Mar 04, 2024	ravnaas robert d.	sold (taxes)	-437,496	15.65	-27,955	chief executive officer

Which funds bought or sold KRP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	BAHL & GAYNOR INC	unchanged	-	6,815	225,040	-%
May 10, 2024	BlackRock Inc.	reduced	-4.51	-59,375	3,827,040	-%
May 10, 2024	VANGUARD GROUP INC	reduced	-1.24	108,014	5,962,160	-%
May 10, 2024	HARRELL INVESTMENT PARTNERS, LLC	sold off	-100	-345,584	-	-%
May 10, 2024	CREDIT SUISSE AG/	added	2.59	83,764	1,529,020	-%
May 10, 2024	LPL Financial LLC	added	29.25	879,542	3,522,310	-%
May 10, 2024	Meridian Wealth Advisors, LLC	added	10.33	60,213	497,416	0.09%
May 10, 2024	JPMORGAN CHASE & CO	unchanged	-	12,232	403,908	-%
May 10, 2024	WELLS FARGO & COMPANY/MN	added	1.84	86,131	1,800,660	-%
May 10, 2024	CITIGROUP INC	added	49.83	9,614	27,253	-%

Are Funds Buying or Selling KRP?

Are funds buying KRP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own KRP

No. of Funds

KRP Alerts

Big fall in earnings (Y/Y)

Unveiling Kimbell Royalty Partners LP's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 19, 2023	encap partners gp, llc	7.58%	5,369,218	SC 13D/A
Dec 23, 2022	rep hr ii, l.p.	9.0%	6,323,175	SC 13G
Oct 28, 2022	encap energy capital fund vii lp	0.0%	0	SC 13D/A
Jul 29, 2022	pep ii holdings, llc	0.0%	0	SC 13D/A
Apr 01, 2022	pep i holdings, llc	0.0%	0	SC 13D/A
Feb 14, 2022	price t rowe associates inc /md/	4.7%	2,200,685	SC 13G/A
Sep 21, 2021	fortson ben j.	0.5%	218,883	SC 13D/A
Sep 16, 2021	ngp xi mineral holdings, llc	0.0%	0	SC 13G/A
Jul 14, 2021	kkr upstream associates llc	7.5%	2,961,389	SC 13G
Feb 16, 2021	sep i holdings, llc	4.8%	1,857,125	SC 13G/A

Recent SEC filings of Kimbell Royalty Partners LP

View All Filings

Date Filed	Form Type	Document
May 10, 2024	4	Insider Trading
May 09, 2024	144	Notice of Insider Sale Intent
May 09, 2024	144/A	144/A
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
May 02, 2024	S-8	Employee Benefits Plan
Mar 20, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	144	Notice of Insider Sale Intent
Mar 13, 2024	4	Insider Trading

Kimbell Royalty Partners LP News

Latest updates

Kimbell Royalty Partners LP Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-22.2%	82,233,944	105,682,780	69,237,603	56,981,614	66,916,472	46,180,516	73,867,992	78,591,469	33,754,513	55,677,022	31,794,314	25,724,790	22,419,090	23,287,347	18,444,163	12,803,034	35,947,371	25,362,609	32,978,851	31,936,601	17,947,209
Costs and Expenses	-10.9%	64,673,107	72,576,322	41,914,215	36,113,901	33,589,384	29,804,050	26,924,063	28,796,434	25,616,859	24,036,577	21,696,081	20,137,217	20,434,649	115,404,497	43,405,448	87,931,490	94,474,020	127,336,797	60,241,127	50,352,636	21,870,009
S&GA Expenses	3.6%	9,447,881	9,115,751	10,358,674	7,925,159	8,278,267	7,190,410	7,482,814	7,866,176	6,589,259	6,729,676	6,766,628	6,684,830	6,796,385	6,402,190	6,110,846	6,865,149	6,524,311	5,418,202	5,694,534	6,220,499	5,333,366
EBITDA Margin	-3.8%	0.67	0.70	0.85	0.88	0.86	0.85	0.77	0.73	0.68	0.65	-0.36	-0.78	-1.91	-2.24	-2.26	-1.94	-1.19	-0.92	-0.02	0.20	0.41
Interest Expenses	-2.2%	7,301,330	7,465,417	6,680,661	6,341,118	5,463,404	3,949,631	3,667,534	3,323,290	2,877,855	2,489,840	2,495,465	2,101,700	2,095,098	1,740,154	1,603,006	1,665,597	1,421,304	1,481,069	1,468,419	1,441,651	1,422,563
Income Taxes	-33.9%	900,000	1,361,774	100,000	909,057	1,400,000	865,244	-224,883	1,800,000	271,799	-	-	-	-	-190,329	-694,864	-	-	288,627	102,997	507,801	-
Earnings Before Taxes	-46.4%	10,259,507	19,153,866	18,609,397	18,706,088	30,302,521	36,136,107	43,620,231	45,097,607	8,679,043	30,797,685	7,466,496	3,710,599	537,194	-94,030,026	-26,371,488	-76,790,050	-59,784,399	-103,293,880	-28,811,591	-19,857,686	-5,345,363
EBT Margin	-26.8%	0.21	0.29	0.43	0.53	0.58	0.57	0.53	0.46	0.34	0.31	-0.80	-1.29	-2.56	-2.84	-2.88	-2.51	-1.68	-1.45	-0.49	-0.26	-0.06
Net Income	-47.6%	9,336,939	17,827,963	18,481,038	17,797,031	28,899,538	35,247,762	43,845,114	43,294,166	8,407,244	30,723,585	7,466,496	3,710,599	537,194	-93,839,697	-25,676,624	-76,790,050	-59,784,399	-103,582,507	-28,914,588	-20,365,487	-5,345,363
Net Income Margin	-27.3%	0.20	0.28	0.42	0.52	0.57	0.56	0.52	0.45	0.34	0.31	-0.80	-1.28	-2.54	-2.83	-2.87	-2.51	-1.68	-1.46	-0.48	-0.27	-0.06
Free Cashflow	16.4%	69,045,616	59,308,954	36,051,225	31,183,176	46,718,253	38,295,250	51,214,897	40,087,814	35,697,120	22,024,474	24,787,187	28,143,768	15,145,640	13,985,638	12,043,971	14,422,067	20,452,253	16,387,134	24,500,094	22,996,829	15,476,979

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-3.5%	1,291	1,338	1,390	934	1,046	1,077	822	839	844	601	557	559	564	565	665	695	680	749	829	869	906
Current Assets	0.2%	103	103	105	71.00	58.00	75.00	66.00	71.00	57.00	45.00	45.00	38.00	34.00	28.00	29.00	27.00	37.00	34.00	40.00	38.00	36.00
Cash Equivalents	28.0%	40.00	31.00	40.00	21.00	19.00	25.00	17.00	14.00	14.00	7.00	13.00	13.00	8.00	10.00	12.00	11.00	14.00	14.00	20.00	17.00	14.00
Net PPE	-9.8%	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00	2.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Liabilities	-2.7%	301	309	329	282	244	263	248	276	295	253	245	202	196	186	183	181	108	109	101	94.00	93.00
Current Liabilities	-6.1%	12.00	13.00	15.00	10.00	8.00	19.00	31.00	43.00	49.00	28.00	41.00	29.00	16.00	9.00	8.00	6.00	4.00	5.00	7.00	5.00	4.00
Float	-	-	-	-	898,800	-	-	-	838	-	-	-	631	-	-	-	421	-	-	-	345	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	16.4%	69,046	59,309	36,387	31,519	47,054	38,631	51,550	40,423	36,032	22,360	25,123	28,479	15,481	14,321	12,379	14,757	20,788	16,722	24,835	23,332	15,812
Share Based Compensation	10.8%	3,684	3,326	3,326	3,290	3,170	2,982	2,982	2,949	2,194	2,436	2,761	2,744	2,692	2,174	2,446	2,534	2,108	1,810	1,810	2,113	1,770
Cashflow From Investing	83.8%	-91.37	-563	-445,995	200,204	-321	-140,726	-43.22	3,357	-237,311	-54,816	267	-211	-811	-1,994	-341	-77,315	-11,176	-9,616	-4,568	-566	-838
Cashflow From Financing	10.4%	-60,267	-67,281	428,359	-230,121	-52,580	110,016	-48,504	-43,217	207,768	26,811	-25,651	-23,431	-16,349	-14,869	-10,952	59,339	-9,334	-13,199	-16,856	-19,421	-17,204

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KRP Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Mar. 31, 2024	Mar. 31, 2023
(Loss) gain on commodity derivative instruments, net	$ (5,704,361)	$ 9,062,376
Total revenues	82,233,944	66,916,472
Costs and expenses
Production and ad valorem taxes	6,531,901	4,277,204
Depreciation and depletion expense	38,166,806	17,563,648
Impairment of oil and natural gas properties	5,963,575	0
Marketing and other deductions	4,562,944	2,762,039
General and administrative expense	9,447,881	8,278,267
General and administrative expense consolidated variable interest entities		708,226
Total costs and expenses	64,673,107	33,589,384
Operating income	17,560,837	33,327,088
Other income (expense)
Interest expense	(7,301,330)	(5,463,404)
Interest earned on marketable securities in trust account		2,400,000
Net income before income taxes	10,259,507	30,302,521
Income tax expense	922,568	1,402,983
Net income	9,336,939	28,899,538
Distribution and accretion on Series A preferred units	(5,256,287)
Net income and distributions and accretion on Series A preferred units attributable to non-controlling interests	(890,849)	(5,563,418)
Distribution on Class B units	(20,847)	(15,484)
Net income attributable to common units of Kimbell Royalty Partners, LP	$ 3,168,956	$ 23,320,636
Net income per unit attributable to common units of Kimbell Royalty Partners, LP
Net income per unit attributable to common units (basic) (in dollar per share)	$ 0.04	$ 0.37
Net income per unit attributable to common units (diluted) (in dollar per share)	$ 0.04	$ 0.36
Weighted average number of common units outstanding
Weighted average number of common units outstanding Basic (in units)	72,112,056	62,541,565
Weighted average number of common units outstanding Diluted (in units)	116,539,624	79,757,979
Consolidated variable interest entities
Other income (expense)
Interest earned on marketable securities in trust account		$ 2,438,837
Oil, natural gas and NGL revenues
Revenues	$ 87,499,509	57,416,759
Lease bonus and other income
Revenues	$ 438,796	$ 437,337

KRP Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 39,679,620	$ 30,992,670
Oil, natural gas and NGL receivables	54,704,277	59,020,471
Derivative assets	6,073,891	11,427,735
Accounts receivable and other current assets	2,849,066	1,699,536
Total current assets	103,306,854	103,140,412
Property and equipment, net	532,037	589,895
Oil and natural gas properties
Oil and natural gas properties, using full cost method of accounting ($172,373,481 and $222,712,844 excluded from depletion at March 31, 2024 and December 31, 2023, respectively)	2,048,711,692	2,048,690,088
Less: accumulated depreciation, depletion and impairment	(871,067,953)	(827,033,944)
Total oil and natural gas properties, net	1,177,643,739	1,221,656,144
Right-of-use assets, net	2,102,919	2,189,243
Derivative assets	673,728	2,888,051
Loan origination costs, net	6,811,840	7,325,471
Total assets	1,291,071,117	1,337,789,216
Current liabilities
Accounts payable	6,854,075	6,594,736
Other current liabilities	5,325,703	6,173,314
Derivative liabilities		208,710
Total current liabilities	12,179,778	12,976,760
Operating lease liabilities, excluding current portion	1,795,924	1,887,693
Derivative liabilities	1,438,351	60,094
Long-term debt	285,359,776	294,200,000
Other liabilities	166,667	197,917
Total liabilities	300,940,496	309,322,464
Commitments and contingencies (Note 16)
Mezzanine equity:
Series A preferred units (325,000 units issued and outstanding as of March 31, 2024 and December 31, 2023)	314,818,215	314,423,572
Kimbell Royalty Partners, LP unitholders' equity:
Common units (74,646,476 units and 73,851,458 units issued and outstanding as of March 31, 2024 and December 31, 2023, respectively)	640,371,650	670,530,748
Class B units (20,847,295 units issued and outstanding as of March 31, 2024 and December 31, 2023)	1,042,365	1,042,365
Total Kimbell Royalty Partners, LP unitholders' equity	641,414,015	671,573,113
Non-controlling interest in OpCo	33,898,391	42,470,067
Total unitholders' equity	675,312,406	714,043,180
Total liabilities, mezzanine equity and unitholders' equity	$ 1,291,071,117	$ 1,337,789,216

About Kimbell Royalty Partners LP

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. The company serves as the general partner of the company. Kimbell Royalty Partners, LP was incorporated in 2015 and is based in Fort Worth, Texas.

CEO	Mr. Robert Dean Ravnaas
WEBSITE	kimbellrp.com
INDUSTRY	Oil - E&P

Kimbell Royalty Partners LP Frequently Asked Questions

What is the ticker symbol for Kimbell Royalty Partners LP? What does KRP stand for in stocks?

KRP is the stock ticker symbol of Kimbell Royalty Partners LP. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Kimbell Royalty Partners LP (KRP)?

As of Mon May 13 2024, market cap of Kimbell Royalty Partners LP is 429.43 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of KRP stock?

You can check KRP's fair value in chart for subscribers.

What is the fair value of KRP stock?

You can check KRP's fair value in chart for subscribers. The fair value of Kimbell Royalty Partners LP is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Kimbell Royalty Partners LP is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for KRP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Kimbell Royalty Partners LP a good stock to buy?

The fair value guage provides a quick view whether KRP is over valued or under valued. Whether Kimbell Royalty Partners LP is cheap or expensive depends on the assumptions which impact Kimbell Royalty Partners LP's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for KRP.

What is Kimbell Royalty Partners LP's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, KRP's PE ratio (Price to Earnings) is 6.77 and Price to Sales (PS) ratio is 1.37. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. KRP PE ratio will change depending on the future growth rate expectations of investors.