KRP Stock Analysis: Kimbell Royalty | NYSE
Oil & Gas E&P | NYSE, USA | Market Cap: 1.642m USD | 12M Return: 20.1% | US49435R1023 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 12.1M
EPS Trend: -42.3%
Qual. Beats: 1
Rev. Trend: 84.4%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 9.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Kimbell Royalty Partners, LP (NYSE: KRP) is a U.S.-based energy company that owns and acquires mineral and royalty interests in domestic oil and natural gas properties. Founded in 1998 and headquartered in Fort Worth, Texas, the partnership has been publicly traded since its 2017 IPO and operates as a small-cap entity within the broader energy sector.
As a mineral and royalty interest owner, the company earns passive revenue by granting operators the right to explore and produce hydrocarbons on its acreage, receiving a share of production revenues without bearing the direct costs of drilling, completion, or operations. This royalty-based business model typically provides more capital-light exposure to oil and gas prices than traditional exploration and production companies, though royalty income is sensitive to commodity price cycles, drilling activity, and well decline rates.
- WTI crude oil price weakness compresses royalty revenue per BOE
- Mineral acreage acquisitions funded by revolving credit facility and equity issuance
- Drilling activity on existing properties drives organic production volume growth
- Distribution coverage ratio pressured by low natural gas prices
| Net Income: 86.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.18 > 0.02 and ΔFCF/TA 16.16 > 1.0 |
| NWC/Revenue: 24.59% < 20% (prev 22.39%; Δ 2.21% < -1%) |
| CFO/TA 0.18 > 3% & CFO 237.7m > Net Income 86.5m |
| Net Debt (442.2m) to EBITDA (211.8m): 2.09 < 3 |
| Current Ratio: 7.30 > 1.5 & < 3 |
| Outstanding Shares: last quarter (118.9m) vs 12m ago -3.29% < -2% |
| Gross Margin: 81.28% > 18% (prev 64.45%; Δ 16.83% > 0.5%) |
| Asset Turnover: 27.09% > 50% (prev 25.05%; Δ 2.04% > 0%) |
| Interest Coverage Ratio: 3.40 > 6 (EBIT TTM 120.6m / Interest Expense TTM 35.5m) |
| DSRI: 1.02 (Receivables 53.7m/48.0m, Revenue 353.7m/321.9m) |
| GMI: 0.79 (GM 64.45% / 81.28%) |
| AQI: 229.1 (AQ_t 0.92 / AQ_t-1 0.00) |
| SGI: 1.10 (Revenue 353.7m / 321.9m) |
| TATA: -0.11 (NI 86.5m - CFO 237.7m) / TA 1.33b) |
| Beneish M = 132.1 (Cap -4..+1) = D |
As of August 18, 2026, the stock is trading at USD 14.97 with a total of 813,684 shares traded. Over the past week, the price has changed by +2.39%, over one month by +3.14%, over three months by +2.60% and over the past year by +20.10%.
Current recommended Stop Loss: 14.10 (which is 5.8% or 2.7 ATR below the current price).
Kimbell Royalty 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
| Analysts Target Price | 19.2 | 28.3% |
P/E Trailing = 17.7209
P/E Forward = 15.7233
P/S = 4.6799
P/B = 2.0253
P/EG = 2.6198
Revenue TTM = 353.7m USD
EBIT TTM = 120.6m USD
EBITDA TTM = 211.8m USD
Long Term Debt = 478.7m USD (from longTermDebt, last quarter)
Short Term Debt = 658k USD (from shortTermDebt, last fiscal year)
Debt = 487.2m USD (from shortLongTermDebtTotal, last quarter) + Leases 4.24m
Net Debt = 442.2m USD (calculated: Debt 487.2m - CCE 44.9m)
Enterprise Value = 2.08b USD (1.64b + Debt 487.2m - CCE 44.9m)
Interest Coverage Ratio = 3.40 (Ebit TTM 120.6m / Interest Expense TTM 35.5m)
EV/FCF = 8.79x (Enterprise Value 2.08b / FCF TTM 237.2m)
FCF Yield = 11.38% (FCF TTM 237.2m / Enterprise Value 2.08b)
FCF Margin = 67.06% (FCF TTM 237.2m / Revenue TTM 353.7m)
Net Margin = 24.45% (Net Income TTM 86.5m / Revenue TTM 353.7m)
Gross Margin = 81.28% ((Revenue TTM 353.7m - Cost of Revenue TTM 66.2m) / Revenue TTM)
Gross Margin QoQ = 53.06% (prev 58.22%)
Tobins Q-Ratio = 1.57 (Enterprise Value 2.08b / Total Assets 1.33b)
Interest Expense / Debt = 7.28% (Interest Expense 35.5m / Debt 487.2m)
Taxrate = 0.12% (120k / 101.5m)
NOPAT = 120.5m (EBIT 120.6m * (1 - 0.12%))
Current Ratio = 7.30 (Total Current Assets 100.8m / Total Current Liabilities 13.8m)
Debt / Equity = 0.85 (Debt 487.2m / totalStockholderEquity, last quarter 575.9m)
Debt / EBITDA = 2.09 (Net Debt 442.2m / EBITDA 211.8m)
Debt / FCF = 1.86 (Net Debt 442.2m / FCF TTM 237.2m)
Total Stockholder Equity = 661.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.62% (Net Income 86.5m / Total Assets 1.33b)
RoE = 13.07% (Net Income TTM 86.5m / Total Stockholder Equity 661.9m)
RoCE = 10.58% (EBIT 120.6m / Capital Employed (Equity 661.9m + L.T.Debt 478.7m))
RoIC = 9.30% (NOPAT 120.5m / Invested Capital 1.30b)
WACC = 7.30% (E(1.64b)/V(2.13b) * Re(7.31%) + D(487.2m)/V(2.13b) * Rd(7.28%) * (1-Tc(0.00)))
Discount Rate = 7.31% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 53.42 | Cagr: 24.88%
[DCF] Terminal Value 77.97% ; FCFF base≈151.2m ; Y1≈173.3m ; Y5≈255.1m
[DCF] Fair Price = 34.43 (EV 3.84b - Net Debt 442.2m = Equity 3.40b / Shares 98.7m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -42.32 | EPS CAGR: -7.86% | SUE: 2.28 | # QB: 1
Revenue Correlation: 84.41 | Revenue CAGR: 8.81% | SUE: 3.10 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.21 | Chg30d=-6.52% | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=0.75 | Chg30d=-11.24% | Revisions=+0% | GrowthEPS=+4.7% | GrowthRev=+6.8%
EPS next Year (2027-12-31): EPS=0.85 | Chg30d=-0.58% | Revisions=-25% | GrowthEPS=+14.0% | GrowthRev=+4.0%
[Analyst] Revisions Ratio: -29% (up=1, down=3)