Kimbell Royalty Partners, LP
Kimbell Royalty Partners, LP
Your view on KRP
Overview
What the company does, where it operates, and who runs it.
About Kimbell Royalty Partners, LP
- Industry
- Oil & Gas Exploration & Production
- Sector
- Energy
- CEO
- Robert Dean Ravnaas
- Headquarters
- 777 Taylor Street, Fort Worth, TX, US
- Industry
- Oil & Gas Exploration & Production
- Sector
- Energy
- CEO
- Robert Dean Ravnaas
- Headquarters
- 777 Taylor Street, Fort Worth, TX, US
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 the general partner of the company. The company was founded in 2013 and is based in Fort Worth, Texas.
Stock Data
Price chart, volume, and trading data.
What moved it
FRC Fair Value Algorithm
What the FRC Fair Value algorithm says it is worth vs. the current price — FRC's own, on every stock.
About this section
Fair value for Kimbell Royalty Partners, LP from FRC's valuation model, read against the market price. KRP last traded at $15.52, 20.1× trailing earnings — the estimate is read against that market price. The model runs on every stock on the platform and shows the estimate per share and the date it was calculated. A free account covers 3 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
About this section
Valuation, profitability, liquidity and leverage ratios for Kimbell Royalty Partners, LP. Starting points for Kimbell Royalty Partners, LP: P/E 20.1, EPS $0.85, beta 0.29 — an Oil & Gas Exploration & Production name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
About this section
Dividend history, yield and payout sustainability for Kimbell Royalty Partners, LP. Kimbell Royalty Partners, LP paid $1.60 per share over the last year — a 10.3% yield at the current $15.52 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
About this section
Reported vs. expected earnings history for Kimbell Royalty Partners, LP. Trailing twelve-month EPS for Kimbell Royalty Partners, LP stands at $0.85. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Wall Street Analyst Estimates
Analysts' price targets, ratings, and revenue and EPS estimates.
Price targets, ratings and estimates published by outside analysts. Not FRC research, not a recommendation, and not the FRC Fair Value: that is FRC's proprietary model, built on the cash a company generates.
Current price
—
live quote
Analysts' target
$18.33
average of 3 firms, last 12 months
Analyst Ratings
- Strong Buy0
- Buy2
- Hold1
- Sell0
- Strong Sell0
Earnings Estimate
| EPS | Current QtrDec 2026 | Next QtrMar 2027 | Current YearFY Dec 2026 | Next YearFY Dec 2027 |
|---|---|---|---|---|
| Avg. estimate | $0.31 | $0.27 | $0.97 | $0.91 |
| Low estimate | $0.30 | $0.26 | $0.89 | $0.84 |
| High estimate | $0.31 | $0.28 | $1.00 | $0.95 |
| No. of analysts | 2 | 1 | 2 | 2 |
| Year-ago EPS | $0.211 | $0.041 | $0.461 | — |
| Growth | — | — | — | — |
1Year-ago EPS includes one-time items; growth not shown.
Revenue Estimate
| Revenue | Current QtrDec 2026 | Next QtrMar 2027 | Current YearFY Dec 2026 | Next YearFY Dec 2027 |
|---|---|---|---|---|
| Avg. estimate | $118.26M | $109.41M | $399.70M | $422.37M |
| Low estimate | $116.36M | $107.65M | $376.04M | $397.37M |
| High estimate | $120.17M | $111.17M | $411.51M | $434.86M |
| No. of analysts | 1 | 1 | 3 | 3 |
| Year-ago revenue | $76.40M | $84.22M | $333.83M | — |
| Growth | +54.8% | +29.9% | +19.7% | — |
Source: Wall Street analysts' published price targets, ratings and estimates, compiled by Financial Modeling Prep from StreetInsider, Benzinga; as of Nov 14, 2026. Not FRC research or a recommendation.
Financial Statements
Income statement, balance sheet, and cash flow statements.
About this section
Income statement, balance sheet and cash flow history for Kimbell Royalty Partners, LP. Kimbell Royalty Partners, LP has reported as a listed company since 2017. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Peer companies
Market cap
- DMLPDorchester Minerals, L.P.Oil & Gas Exploration & Production$1.4B
- FLNGFLEX LNG Ltd.Marine Shipping$1.4B
- FLOCFlowco Holdings Inc.Oil & Gas Equipment & Services$2.0B
- GLPGlobal Partners LPOil & Gas Midstream$1.5B
- IMSRTerrestrial Energy Inc.Regulated Electric$277M
- INVXInnovex International, Inc.Oil & Gas Equipment & Services$1.8B
- NEXTNextDecade CorporationOil & Gas Exploration & Production$1.7B
- NRPNatural Resource Partners L.P.Coal$1.6B
More Oil & Gas Exploration & Production companies
ETFs holding Kimbell Royalty Partners, LP
% of the fund
- AVUVAvantis U.S. Small Cap Value ETF$31.6B in assets0.16%
- VDEVanguard Energy ETF$10.4B in assets0.08%
- MDIVMulti-Asset Diversified Income Index Fund$417M in assets1.28%
- OSCVOpus Small Cap Value Plus ETF$620M in assets0.45%
- AVSCAvantis U.S. Small Cap Equity ETF$3.2B in assets0.08%
- GYLDArrow Dow Jones Global Yield ETF$39M in assets0.72%
- NDIVAmplify Natural Resources Dividend Income ETF$33M in assets1.73%
- LCOLogiq Contrarian Opportunities ETF$51M in assets1.08%
Largest holders first, then the funds most concentrated in KRP.
Institutional Ownership
Which funds and firms own the stock.
About this section
Which institutions hold Kimbell Royalty Partners, LP, and how their positions are changing. At a $1.64B market value, institutional positions materially move Kimbell Royalty Partners, LP's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings.
Insider Trading
Recent buying and selling by company executives.
About this section
Buying and selling by Kimbell Royalty Partners, LP executives and directors. Shares of Kimbell Royalty Partners, LP have traded between $10.98 and $16.59 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned.
House Trading
U.S. Representative disclosures filed under the STOCK Act.
About this section
U.S. House of Representatives disclosures naming Kimbell Royalty Partners, LP. Representatives' reported transactions in this security, shown next to the company's fundamentals.
News
Latest headlines and market coverage.
About this section
Latest headlines and company announcements for Kimbell Royalty Partners, LP. Coverage tracks Kimbell Royalty Partners, LP within Oil & Gas Exploration & Production (Energy). Press releases and market coverage, newest first.
Comments
Comments and replies from FRC members about this company.
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