Kimbell Royalty Partners LP

Kimbell Royalty Partners LP

KRP · NYSE · Energy / Oil & Gas E&P

15.52USD+0.09 (+0.58%)

Price History

Full chart

Market Stats

Previous Close15.43
Open15.76
Day Range15.44 – 15.76
52-Week Range10.40 – 15.65
Volume874.70K
Market Cap1.87B
P/E (TTM)17.14
Forward P/E13.72
EPS0.85
Dividend Yield10.98%
Beta0.29
50-Day Avg14.91
200-Day Avg14.27

About

Kimbell Royalty Partners, LP, together with its subsidiaries, owns and acquires mineral and royalty interests in oil and natural gas properties in the United States. The company was founded in 1998 and is based in Fort Worth, Texas.

Company Details

  • SectorEnergy
  • IndustryOil & Gas E&P
  • CEOMr. Robert Dean Ravnaas
  • Employees0
  • Headquarters777 Taylor Street, Fort Worth, TX, United States, 76102, USA
  • Websitehttps://kimbellrp.com

Leadership

  • Mr. Robert Dean RavnaasChairman of the Board & CEO of Kimbell Royalty GP LLC · b. 1958
  • Mr. Brett G. TaylorExecutive Vice Chairman of Kimbell Royalty GP LLC · b. 1961
  • Mr. Robert Davis RavnaasPresident & CFO of Kimbell Royalty GP LLC · b. 1986
  • Mr. Matthew S. DalyCOO & Secretary of Kimbell Royalty GP LLC · b. 1973
  • Mr. R. Blayne RhynsburgerController of Kimbell Royalty GP LLC · b. 1987
  • Mr. Andrew CardwellVice President of Finance & Investor Relations

Financials

Income Statement

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue5.02M7.22M4.68M3.61M30.66M66.93M109.96M92.93M178.41M285.04M273.18M310.65M333.83M
Growth (%)-+43.90%-35.11%-23.02%+750.22%+118.25%+64.30%-15.48%+91.98%+59.77%-4.16%+13.72%+7.46%
Cost of Revenue597.67K4.61M4.44M1.88M5.27B29.61M59.84M54.38M47.28M66.33M116.80M155.53M20.44M
Gross Profit4.42M2.61M249.31K1.72M-5.24B37.31M50.12M38.55M131.13M218.71M156.38M155.12M313.39M
Gross Margin88.09%36.10%5.32%47.74%-17096.95%55.75%45.58%41.49%73.50%76.73%57.24%49.93%93.88%
Operating Expense3.16M9.70M31.21M7.49M-5.24B85.48M83.00M289.29M81.82M81.79M46.50M118.13M180.56M
Operating Income1.26M-7.09M-30.96M-5.77M2.05M-48.17M-32.89M-250.73M49.31M136.92M109.87M36.99M132.83M
Operating Margin25.03%-98.26%-660.86%-159.92%6.68%-71.97%-29.91%-269.80%27.64%48.03%40.22%11.91%39.79%
EBITDA4.10M-3.05M-26.95M-4.16M17.71M-22.95M-99.22M-202.28M88.79M197.76M209.54M172.47M133.16M
EBITDA Margin81.80%-42.24%-575.30%-115.45%57.75%-34.30%-90.24%-217.66%49.77%69.38%76.70%55.52%39.89%
Net Income-3.84M-7.41M-31.31M-6.21M1.22M-50.46M-158.21M-159.54M33.86M111.93M66.45M12.25M90.95M
Net Income Margin-76.57%-102.68%-668.40%-172.25%3.97%-75.39%-143.88%-171.67%18.98%39.27%24.33%3.94%27.24%
R&D----00-------
R&D as % of Total Revenue----0.00%0.00%-------
Interest Expense-302.12K385.12K424.84K791.44K4.09M5.81M6.43M9.18M13.82M25.95M26.70M34.47M
Interest Expense % of Total Revenue-4.18%8.22%11.78%2.58%6.11%5.29%6.92%5.15%4.85%9.50%8.59%10.33%

Balance Sheet

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets34.80M58.75M27.91M20.54M295.29M753.28M748.59M564.63M601.49M1.08B1.34B1.12B1.23B
Total Liabilities9.15M10.56M13.67M11.91M33.23M91.11M108.70M186.33M252.64M263.34M309.32M256.42M456.18M
Total Equity25.62M48.20M14.24M8.63M262.06M662.17M639.89M378.30M329.60M602.62M871.27M780.22M690.64M
Cash10.05M268.07K379.74K505.88K5.63M15.77M14.20M9.80M7.05M24.64M30.99M34.17M43.98M
Total Debt-9.00M11.45M10.60M31.35M174.62M200.27M174.40M219.68M235.25M296.09M242.72M450.98M
Net Debt-10.05M8.74M11.07M10.09M25.22M71.54M89.06M164.59M212.63M210.62M265.10M208.55M407.00M

Cash Flow

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow686.11K4.04M2.71M1.09M18.76M33.20M80.70M62.25M91.44M166.64M174.27M250.92M246.46M
Investing Cash Flow-93.40M-53.46M-538.64K-97.46K-125.91M-200.93M-15.59M-90.83M-55.57M-374.72M-246.68M-209.89K-223.48M
Financing Cash Flow153.00M39.65M-2.06M-863.00K112.96M177.87M-66.68M24.18M-38.62M226.06M78.38M-247.53M-13.17M
Capital Expenditure93.40M53.46M538.64K97.46K61.93K211.50M12.72M88.60M56.07M141.46M490.81M209.89K734.00K
Free Cash Flow-92.72M-49.43M2.17M989.14K18.70M-178.30M67.98M-26.35M35.37M25.18M-316.54M250.71M245.73M
Dividends Paid-3.39M4.51M013.82M40.95M78.85M54.93M71.72M126.77M152.97M187.20M187.28M
FCF to OCF-13513.24%-1223.99%80.15%91.03%99.67%-537.01%84.24%-42.33%38.68%15.11%-181.64%99.92%99.70%
Dividend Paid to FCF--6.85%207.30%0.00%73.93%-22.96%115.99%-208.44%202.78%503.54%-48.33%74.67%76.21%

Earnings

Report DateNov 30, 2016Mar 30, 2017May 8, 2017Aug 10, 2017Nov 9, 2017Mar 8, 2018May 10, 2018Aug 9, 2018Nov 8, 2018Mar 7, 2019May 9, 2019Aug 8, 2019Nov 7, 2019Feb 27, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Feb 25, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Feb 24, 2022May 5, 2022Aug 4, 2022Nov 3, 2022Feb 23, 2023May 3, 2023Aug 2, 2023Nov 2, 2023Feb 21, 2024May 2, 2024Aug 1, 2024Nov 7, 2024Feb 19, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Feb 26, 2026May 7, 2026Aug 7, 2026Nov 5, 2026
EPS Estimate0.000.120.100.080.020.070.120.120.170.11-0.010.030.070.130.22-0.12-0.040.010.070.110.190.270.240.450.340.340.200.150.300.260.190.210.210.180.160.140.160.140.210.250.24
EPS Actual0.260.190.040.020.010.060.170.22-0.04-0.100.240.300.76-2.270.740.620.29-1.650.320.300.310.440.400.490.390.480.150.130.190.390.140.140.210.180.220.020.210.210.210.40-
Surprise-58.33%-60.00%-75.00%-50.00%-14.29%41.67%83.33%-123.53%-190.91%2500.00%900.00%985.71%-1846.15%236.36%616.67%825.00%-18639.33%357.14%172.73%63.16%62.96%66.67%8.89%14.71%41.18%-25.00%-13.33%-36.67%50.00%-26.32%-33.33%0.00%-0.28%37.50%-85.71%31.25%50.00%0.00%60.00%-
Timing-After-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap1.87B
Enterprise Value1.89B
Trailing P/E17.14
Forward P/E13.72
PEG Ratio2.29
Price / Sales5.43
Price / Book1.98
EPS0.85
Book Value5.84
Revenue (TTM)344.86M
Gross Profit (TTM)321.41M
EBITDA259.43M
Profit Margin25.85%
Operating Margin56.11%
Return on Equity12.44%
Return on Assets6.56%
Shares Outstanding100.90M
Shares Float95.33M
Beta0.29
Dividend Yield10.98%
Dividend Rate1.60
Payout Ratio1.55%

Analyst Ratings

Buy
Based on 6 analystsTarget 19.20
  • Strong Buy
    3
  • Hold
    2
  • Sell
    1

Ownership Breakdown

Institutions
31.95%
Insiders
10.29%
Retail / Other
57.76%

Top Institutional Holders

  • American Century Companies Inc
    3.38M3.35%
  • Algert Global LLC
    1.39M1.38%
  • EnCap Investments LP
    1.31M1.29%
  • Morgan Stanley - Brokerage Accounts
    1.11M1.10%
  • UBS Group AG
    923.96K0.92%
  • Delaware Management Holdings Inc
    895.50K0.89%
  • Van Eck Associates Corporation
    844.81K0.84%
  • Vanguard Portfolio Management, LLC
    819.88K0.81%
  • Marshall Wace Asset Management Ltd
    683.12K0.68%
  • Royal Bank of Canada
    596.69K0.59%
  • Pin Oak Investment Advisors Inc
    577.81K0.57%
  • Qube Research & Technologies
    540.47K0.54%
  • Yaupon Capital Management LP
    515.10K0.51%
  • Arrowstreet Capital Limited Partnership
    511.75K0.51%
  • Wells Fargo & Co
    487.75K0.48%

Top Fund Holders

  • Avantis US Small Cap Value ETF
    3.13M3.11%
  • BrighthouseII Van Eck Global Natrl Res A
    1.06M1.06%
  • VanEck Global Resources Fund A
    881.70K0.87%
  • Vanguard Energy ETF
    714.95K0.71%
  • VanEck VIP Global Resources Fund Initial
    616.90K0.61%

Dividends

20263×
0.47Aug 17, 20260.41May 19, 20260.37Mar 18, 2026
20254×
0.35Nov 17, 20250.38Aug 18, 20250.47May 20, 20250.40Mar 18, 2025
20244×
0.41Nov 18, 20240.42Aug 12, 20240.49May 10, 20240.43Mar 12, 2024
20234×
0.51Nov 10, 20230.39Aug 11, 20230.35May 12, 20230.48Mar 8, 2023
20224×
0.49Nov 10, 20220.55Aug 12, 20220.47Apr 29, 20220.37Jan 28, 2022
20214×
0.37Oct 29, 20210.31Jul 30, 20210.27Apr 30, 20210.19Jan 29, 2021
20201×
0.19Oct 30, 2020