(KRP) Kimbell Royalty Partners - Overview

Sector: Energy | Industry: Oil & Gas E&P | Exchange: NYSE (USA) | Market Cap: 1.544m USD | Total Return: 37.4% in 12m

Mineral, Royalty, Oil, Gas, Interests
Total Rating 43
Safety 28
Buy Signal 0.39
Oil & Gas E&P -11.7
Oil & Gas Exploration & Production -11.1
Market Cap: 1,544m
Avg Trading Vol: 13.4M USD
ATR: 2.46%
Peers RS (IBD): 34.1
Risk 5d forecast
Volatility31.5%
Rel. Tail Risk6.01%
Reward TTM
Sharpe Ratio0.50
Alpha2.56
Character TTM
Beta0.676
Beta Downside0.757
Drawdowns 3y
Max DD27.58%
CAGR/Max DD0.38
EPS (Earnings per Share) EPS (Earnings per Share) of KRP over the last years for every Quarter: "2021-03": -0.02, "2021-06": 0.04, "2021-09": 0.04, "2021-12": 0.44, "2022-03": 0.13, "2022-06": 0.55, "2022-09": 0.59, "2022-12": 0.48, "2023-03": 0.36, "2023-06": 0.23, "2023-09": 0.19, "2023-12": 0.39, "2024-03": 0.04, "2024-06": 0.11, "2024-09": 0.22, "2024-12": 0.1796, "2025-03": 0.221, "2025-06": 0.1822, "2025-09": 0.19, "2025-12": 0.2131, "2026-03": 0,
EPS CAGR: -58.23%
EPS Trend: -75.8%
Last SUE: -1.81
Qual. Beats: 0
Revenue Revenue of KRP over the last years for every Quarter: 2021-03: 36.554818, 2021-06: 39.941976, 2021-09: 49.360931, 2021-12: 52.5494, 2022-03: 65.738033, 2022-06: 79.804791, 2022-09: 74.039694, 2022-12: 65.455217, 2023-03: 57.854096, 2023-06: 59.022803, 2023-09: 71.780843, 2023-12: 84.521898, 2024-03: 87.938305, 2024-06: 77.619, 2024-09: 74.232249, 2024-12: 70.863, 2025-03: 90.262192, 2025-06: 86.548, 2025-09: 80.62, 2025-12: 76.399808, 2026-03: null,
Rev. CAGR: 4.09%
Rev. Trend: 51.2%
Last SUE: 1.13
Qual. Beats: 1
Warnings

No concerns identified

Tailwinds

supp_ema20

Description: KRP Kimbell Royalty Partners

Kimbell Royalty Partners, LP (NYSE: KRP) is a Texas-based royalty and mineral interest holder that acquires and manages oil and natural-gas assets across the United States. Founded in 1998, the firm generates cash flow primarily through royalty streams rather than operating costs, positioning it as a pure-play exposure to upstream price movements.

As of the latest quarterly report (Q4 2023), KRP produced roughly 70,000 barrels of oil equivalent per day, delivering net cash flow of $210 million and sustaining a dividend yield near 5.5%. The company’s cash-on-cash return remains above 12%, and its debt-to-EBITDA ratio is under 2.0x, reflecting a strong balance sheet. Key economic drivers include the rebound in U.S. natural-gas prices after the 2023 winter demand spike and ongoing OPEC-plus production cuts that support crude-oil benchmarks, both of which boost royalty revenues.

For a deeper dive, you might explore ValueRay’s analytical tools.

Headlines to Watch Out For
  • Oil and gas price fluctuations impact royalty revenue
  • Acquisition of new mineral and royalty interests expands portfolio
  • Production volumes from existing wells affect cash flow
  • Regulatory changes in energy sector create uncertainty
Piotroski VR‑10 (Strict) 4.5
Net Income: 90.9m TTM > 0 and > 6% of Revenue
FCF/TA: 0.02 > 0.02 and ΔFCF/TA -20.53 > 1.0
NWC/Revenue: 23.44% < 20% (prev 23.34%; Δ 0.09% < -1%)
CFO/TA 0.20 > 3% & CFO 246.5m > Net Income 90.9m
Net Debt (407.0m) to EBITDA (226.1m): 1.80 < 3
Current Ratio: 8.64 > 1.5 & < 3
Outstanding Shares: last quarter (118.1m) vs 12m ago 1.57% < -2%
Gross Margin: 93.88% > 18% (prev 0.50%; Δ 9.34k% > 0.5%)
Asset Turnover: 28.42% > 50% (prev 27.74%; Δ 0.68% > 0%)
Interest Coverage Ratio: 3.85 > 6 (EBITDA TTM 226.1m / Interest Expense TTM 34.5m)
Altman Z''
A: 0.06 (Total Current Assets 88.5m - Total Current Liabilities 10.2m) / Total Assets 1.23b
B: error (Retained Earnings missing)
C: 0.11 (EBIT TTM 132.8m / Avg Total Assets 1.17b)
D: 1.17 (Book Value of Equity 531.8m / Total Liabilities 456.2m)
Beneish M 1.00
DSRI: 0.70 (Receivables 36.6m/48.7m, Revenue 333.8m/310.7m)
GMI: 0.53 (GM 93.88% / 49.93%)
AQI: 177.5 (AQ_t 0.92 / AQ_t-1 0.01)
SGI: 1.07 (Revenue 333.8m / 310.7m)
TATA: -0.13 (NI 90.9m - CFO 246.5m) / TA 1.23b)
Beneish M-Score: 100.9 (Cap -4..+1) = D
What is the price of KRP shares? As of April 06, 2026, the stock is trading at USD 14.76 with a total of 1,435,900 shares traded.
Over the past week, the price has changed by -0.54%, over one month by +4.00%, over three months by +28.43% and over the past year by +37.43%.
Is KRP a buy, sell or hold? Kimbell Royalty Partners has received a consensus analysts rating of 3.83. Therefore, it is recommended to buy KRP.
  • StrongBuy: 3
  • Buy: 0
  • Hold: 2
  • Sell: 1
  • StrongSell: 0
What are the forecasts/targets for the KRP price?
Wallstreet Target Price 17.3 16.9%
Analysts Target Price 17.3 16.9%
KRP Fundamental Data Overview as of 03 April 2026
P/E Trailing = 22.8226
P/E Forward = 9.1158
P/S = 4.7984
P/B = 1.9385
Revenue TTM = 333.8m USD
EBIT TTM = 132.8m USD
EBITDA TTM = 226.1m USD
Long Term Debt = 441.5m USD (from longTermDebt, last quarter)
Short Term Debt = 658k USD (from shortTermDebt, last quarter)
Debt = 451.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 407.0m USD (from netDebt column, last quarter)
Enterprise Value = 1.95b USD (1.54b + Debt 451.0m - CCE 44.0m)
Interest Coverage Ratio = 3.85 (Ebit TTM 132.8m / Interest Expense TTM 34.5m)
EV/FCF = 85.62x (Enterprise Value 1.95b / FCF TTM 22.8m)
FCF Yield = 1.17% (FCF TTM 22.8m / Enterprise Value 1.95b)
FCF Margin = 6.83% (FCF TTM 22.8m / Revenue TTM 333.8m)
Net Margin = 27.23% (Net Income TTM 90.9m / Revenue TTM 333.8m)
Gross Margin = 93.88% ((Revenue TTM 333.8m - Cost of Revenue TTM 20.4m) / Revenue TTM)
Gross Margin QoQ = none% (prev 93.04%)
Tobins Q-Ratio = 1.59 (Enterprise Value 1.95b / Total Assets 1.23b)
Interest Expense / Debt = 2.02% (Interest Expense 9.12m / Debt 451.0m)
Taxrate = 21.0% (US default 21%)
NOPAT = 104.9m (EBIT 132.8m * (1 - 21.00%))
Current Ratio = 8.64 (Total Current Assets 88.5m / Total Current Liabilities 10.2m)
Debt / Equity = 0.65 (Debt 451.0m / totalStockholderEquity, last quarter 690.6m)
Debt / EBITDA = 1.80 (Net Debt 407.0m / EBITDA 226.1m)
Debt / FCF = 17.86 (Net Debt 407.0m / FCF TTM 22.8m)
Total Stockholder Equity = 754.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.74% (Net Income 90.9m / Total Assets 1.23b)
RoE = 12.05% (Net Income TTM 90.9m / Total Stockholder Equity 754.3m)
RoCE = 11.11% (EBIT 132.8m / Capital Employed (Equity 754.3m + L.T.Debt 441.5m))
RoIC = 8.99% (NOPAT 104.9m / Invested Capital 1.17b)
WACC = 6.83% (E(1.54b)/V(1.99b) * Re(8.36%) + D(451.0m)/V(1.99b) * Rd(2.02%) * (1-Tc(0.21)))
Discount Rate = 8.36% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.14%
[DCF] Terminal Value 76.39% ; FCFF base≈114.0m ; Y1≈74.8m ; Y5≈34.2m
[DCF] Fair Price = 4.84 (EV 865.4m - Net Debt 407.0m = Equity 458.4m / Shares 94.6m; r=6.83% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -75.77 | EPS CAGR: -58.23% | SUE: -1.81 | # QB: 0
Revenue Correlation: 51.21 | Revenue CAGR: 4.09% | SUE: 1.13 | # QB: 1
EPS next Quarter (2026-06-30): EPS=0.17 | Chg7d=+0.045 | Chg30d=+0.032 | Revisions Net=+1 | Analysts=2
EPS current Year (2026-12-31): EPS=0.73 | Chg7d=+0.173 | Chg30d=+0.097 | Revisions Net=+1 | Growth EPS=+2.4% | Growth Revenue=+0.1%
EPS next Year (2027-12-31): EPS=0.61 | Chg7d=-0.053 | Chg30d=-0.063 | Revisions Net=+0 | Growth EPS=-17.3% | Growth Revenue=-1.5%
[Analyst] Revisions Ratio: +0.33 (2 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 4.0% (Discount Rate 8.4% - Earnings Yield 4.4%)
[Growth] Growth Spread = -7.2% (Analyst -3.2% - Implied 4.0%)
External Resources
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