Kimbell Royalty Partners LP's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 50/120 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 18.00.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Kimbell Royalty Partners LP's Score
Industry at a Glance
Industry Ranking
50 / 120
Overall Ranking
191 / 4560
Industry
Oil & Gas
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
7
analysts
Hold
Current Rating
18.000
Target Price
+41.62%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Kimbell Royalty Partners LP Highlights
StrengthsRisks
Kimbell Royalty Partners, LP is an oil and gas mineral and royalty company. It owns mineral and royalty interests in over 17 million gross acres in 28 states and in onshore basins in the continental United States, including ownership in more than 130,000 gross wells with over 51,000 wells in the Permian Basin. Its properties include the Permian Basin, Mid-Continent, Appalachian, Eagle Ford, Bakken, Terryville/Cotton Valley/Haynesville, and DJ Basin/Rockies/Niobrara. The Permian Basin extends from southeastern New Mexico into West Texas. The Mid-Continent is an area containing fields in Arkansas, Kansas, Louisiana, New Mexico, Oklahoma, Nebraska and Texas and including the Granite Wash, Cleveland, and Mississippi Lime formations. The Appalachian Basin covers most of Pennsylvania, eastern Ohio, West Virginia, western Maryland, eastern Kentucky, central Tennessee, Western Virginia, northwestern Georgia, and northern Alabama. The Eagle Ford shale formation stretches across south Texas.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD .
Fairly Valued
The company’s latest PB is 2.04, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 30.49M shares, decreasing 16.08% quarter-over-quarter.
Kimbell Royalty Partners, LP is an oil and gas mineral and royalty company. It owns mineral and royalty interests in over 17 million gross acres in 28 states and in onshore basins in the continental United States, including ownership in more than 130,000 gross wells with over 51,000 wells in the Permian Basin. Its properties include the Permian Basin, Mid-Continent, Appalachian, Eagle Ford, Bakken, Terryville/Cotton Valley/Haynesville, and DJ Basin/Rockies/Niobrara. The Permian Basin extends from southeastern New Mexico into West Texas. The Mid-Continent is an area containing fields in Arkansas, Kansas, Louisiana, New Mexico, Oklahoma, Nebraska and Texas and including the Granite Wash, Cleveland, and Mississippi Lime formations. The Appalachian Basin covers most of Pennsylvania, eastern Ohio, West Virginia, western Maryland, eastern Kentucky, central Tennessee, Western Virginia, northwestern Georgia, and northern Alabama. The Eagle Ford shale formation stretches across south Texas.
Ticker SymbolKRP
CompanyKimbell Royalty Partners LP
CEORavnaas (Robert D)
Websitehttps://kimbellrp.com/
FAQs
What is the current price of Kimbell Royalty Partners LP (KRP)?
The current price of Kimbell Royalty Partners LP (KRP) is 11.825.
What is the symbol of Kimbell Royalty Partners LP?
The ticker symbol of Kimbell Royalty Partners LP is KRP.
What is the 52-week high of Kimbell Royalty Partners LP?
The 52-week high of Kimbell Royalty Partners LP is 16.590.
What is the 52-week low of Kimbell Royalty Partners LP?
The 52-week low of Kimbell Royalty Partners LP is 10.980.
What is the market capitalization of Kimbell Royalty Partners LP?
The market capitalization of Kimbell Royalty Partners LP is 1.10B.
What is the net income of Kimbell Royalty Partners LP?
The net income of Kimbell Royalty Partners LP is -8.84M.
Is Kimbell Royalty Partners LP (KRP) currently rated as Buy, Hold, or Sell?
According to analysts, Kimbell Royalty Partners LP (KRP) has an overall rating of Hold, with a price target of 18.000.
What is the Earnings Per Share (EPS TTM) of Kimbell Royalty Partners LP (KRP)?
The Earnings Per Share (EPS TTM) of Kimbell Royalty Partners LP (KRP) is -0.094.