(KRP) Kimbell Royalty Partners - Overview

Sector: Energy | Industry: Oil & Gas E&P | Exchange: NYSE (USA) | Market Cap: 1.609m USD | Total Return: 27.7% in 12m

Oil, Natural Gas, Mineral Rights, Royalties
Total Rating 48
Safety 46
Buy Signal 0.66
Oil & Gas E&P
Industry Rotation: +23.6
Market Cap: 1.61B
Avg Turnover: 11.8M
Risk 3d forecast
Volatility21.6%
VaR 5th Pctl4.09%
VaR vs Median14.9%
Reward TTM
Sharpe Ratio1.05
Rel. Str. IBD69.7
Rel. Str. Peer Group36.3
Character TTM
Beta0.569
Beta Downside0.742
Hurst Exponent0.453
Drawdowns 3y
Max DD27.58%
CAGR/Max DD0.36
CAGR/Mean DD1.53
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": 0.2079,
EPS CAGR: -22.85%
EPS Trend: -48.4%
Last SUE: 0.79
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: 84.222,
Rev. CAGR: 1.45%
Rev. Trend: 50.1%
Last SUE: -0.82
Qual. Beats: 0

Warnings

Beneish M-Score 1.00 > -1.5 - likely earnings manipulation

Tailwinds

Tailwind, Pullback 52w, Confidence

Description: KRP Kimbell Royalty Partners

Kimbell Royalty Partners, LP (NYSE: KRP) is a Fort Worth-based partnership focused on the ownership and acquisition of mineral and royalty interests in oil and natural gas properties across the United States. Established in 1998, the company operates within the upstream energy sector by holding rights to a portion of production or revenue from resource extraction.

The business model differs from traditional exploration and production companies because royalty owners do not bear the capital expenditures or operating costs associated with drilling and maintaining wells. This structure typically allows for higher margins as the operator assumes all development risks while the royalty holder receives a top-line percentage of the hydrocarbons produced. Investors looking for deeper data on these yield-oriented structures can find more details on ValueRay.

As a mineral interest owner, Kimbell benefits from the perpetual ownership of the subsurface rights, granting the company the ability to lease these rights to various operators in exchange for lease bonuses and ongoing royalty payments. This diversified approach mitigates geographical risk by spreading interests across multiple basins and operators within the domestic energy landscape.

Headlines to Watch Out For
  • Direct exposure to oil and natural gas price volatility impacts cash distributions
  • Acquisitions of mineral and royalty interests drive production and revenue growth
  • Operator drilling activity determines organic production volumes and future cash flows
  • Low fixed cost structure maintains high margins relative to exploration companies
  • US energy policy and environmental regulations influence long-term production potential
Piotroski VR‑10 (Strict) 7.0
Net Income: 74.4m TTM > 0 and > 6% of Revenue
FCF/TA: 0.20 > 0.02 and ΔFCF/TA 19.21 > 1.0
NWC/Revenue: 20.79% < 20% (prev 26.47%; Δ -5.69% < -1%)
CFO/TA 0.20 > 3% & CFO 241.7m > Net Income 74.4m
Net Debt (408.1m) to EBITDA (225.2m): 1.81 < 3
Current Ratio: 5.12 > 1.5 & < 3
Outstanding Shares: last quarter (119.1m) vs 12m ago -6.93% < -2%
Gross Margin: 94.16% > 18% (prev 0.53%; Δ 9.36k% > 0.5%)
Asset Turnover: 26.02% > 50% (prev 23.61%; Δ 2.41% > 0%)
Interest Coverage Ratio: 3.71 > 6 (EBITDA TTM 225.2m / Interest Expense TTM 36.0m)
Beneish M 1.00
DSRI: 0.71 (Receivables 45.5m/61.0m, Revenue 327.8m/313.0m)
GMI: 0.56 (GM 94.16% / 52.93%)
AQI: 259.3 (AQ_t 0.92 / AQ_t-1 0.00)
SGI: 1.05 (Revenue 327.8m / 313.0m)
TATA: -0.14 (NI 74.4m - CFO 241.7m) / TA 1.19b)
Beneish M-Score: 149.4 (Cap -4..+1) = D
What is the price of KRP shares? As of May 18, 2026, the stock is trading at USD 15.44 with a total of 778,370 shares traded.
Over the past week, the price has changed by +6.12%, over one month by +9.66%, over three months by +13.46% and over the past year by +27.73%.
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?
Analysts Target Price 17.8 15.3%
Kimbell Royalty Partners (KRP) - Fundamental Data Overview as of 14 May 2026
P/E Trailing = 32.0652
P/E Forward = 9.1158
P/S = 5.0019
P/B = 2.0219
Revenue TTM = 327.8m USD
EBIT TTM = 133.7m USD
EBITDA TTM = 225.2m USD
Long Term Debt = 441.5m USD (from longTermDebt, last fiscal year)
Short Term Debt = 494k USD (from shortTermDebt, last quarter)
Debt = 445.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 408.1m USD (from netDebt column, last quarter)
Enterprise Value = 2.02b USD (1.61b + Debt 445.2m - CCE 37.2m)
Interest Coverage Ratio = 3.71 (Ebit TTM 133.7m / Interest Expense TTM 36.0m)
EV/FCF = 8.37x (Enterprise Value 2.02b / FCF TTM 241.0m)
FCF Yield = 11.95% (FCF TTM 241.0m / Enterprise Value 2.02b)
FCF Margin = 73.53% (FCF TTM 241.0m / Revenue TTM 327.8m)
Net Margin = 22.70% (Net Income TTM 74.4m / Revenue TTM 327.8m)
Gross Margin = 94.16% ((Revenue TTM 327.8m - Cost of Revenue TTM 19.1m) / Revenue TTM)
Gross Margin QoQ = 58.22% (prev none%)
Tobins Q-Ratio = 1.69 (Enterprise Value 2.02b / Total Assets 1.19b)
Interest Expense / Debt = 1.83% (Interest Expense 8.15m / Debt 445.2m)
Taxrate = 9.20% (703k / 7.64m)
NOPAT = 121.4m (EBIT 133.7m * (1 - 9.20%))
Current Ratio = 5.12 (Total Current Assets 84.7m / Total Current Liabilities 16.5m)
Debt / Equity = 0.65 (Debt 445.2m / totalStockholderEquity, last quarter 680.9m)
Debt / EBITDA = 1.81 (Net Debt 408.1m / EBITDA 225.2m)
Debt / FCF = 1.69 (Net Debt 408.1m / FCF TTM 241.0m)
Total Stockholder Equity = 696.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.91% (Net Income 74.4m / Total Assets 1.19b)
RoE = 10.68% (Net Income TTM 74.4m / Total Stockholder Equity 696.7m)
RoCE = 11.75% (EBIT 133.7m / Capital Employed (Equity 696.7m + L.T.Debt 441.5m))
RoIC = 10.53% (NOPAT 121.4m / Invested Capital 1.15b)
WACC = 6.62% (E(1.61b)/V(2.05b) * Re(7.99%) + D(445.2m)/V(2.05b) * Rd(1.83%) * (1-Tc(0.09)))
Discount Rate = 7.99% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 46.67 | Cagr: 1.40%
[DCF] Terminal Value 77.49% ; FCFF base≈149.8m ; Y1≈98.3m ; Y5≈45.0m
[DCF] Fair Price = 8.36 (EV 1.20b - Net Debt 408.1m = Equity 790.9m / Shares 94.6m; r=6.62% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -48.39 | EPS CAGR: -22.85% | SUE: 0.79 | # QB: 0
Revenue Correlation: 50.08 | Revenue CAGR: 1.45% | SUE: -0.82 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.28 | Chg30d=+69.70% | Revisions=+20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.25 | Chg30d=+51.52% | Revisions=+20% | Analysts=2
EPS current Year (2026-12-31): EPS=0.99 | Chg30d=+34.69% | Revisions=+14% | GrowthEPS=+38.2% | GrowthRev=+9.4%
EPS next Year (2027-12-31): EPS=0.75 | Chg30d=+31.01% | Revisions=+33% | GrowthEPS=-23.9% | GrowthRev=-5.7%
[Analyst] Revisions Ratio: +33%