(KRP) Kimbell Royalty - NYSE
Sector: Energy | Industry: Oil & Gas E&P | Exchange: NYSE (USA) | Market Cap: 1.592m USD | Total Return: 14.8% in 12m
Avg Turnover: 12.4M
EPS Trend: -91.1%
Qual. Beats: 0
Rev. Trend: 85.4%
Qual. Beats: 0
Warnings
Beneish M-Score 1.00 > -1.5 - likely earnings manipulation
Below Avwap Earnings
Tailwinds
No distinct edge detected
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: 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 (412.4m) to EBITDA (190.2m): 2.17 < 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 52.93%; Δ 41.23% > 0.5%) |
| Asset Turnover: 26.02% > 50% (prev 23.61%; Δ 2.41% > 0%) |
| Interest Coverage Ratio: 2.74 > 6 (EBIT TTM 98.7m / Interest Expense TTM 36.0m) |
| DSRI: 0.71 (Receivables 45.5m/61.0m, Revenue 327.8m/313.0m) |
| GMI: 0.56 (GM 52.93% / 94.16%) |
| 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 = 149.6 (Cap -4..+1) = D |
As of June 22, 2026, the stock is trading at USD 14.77 with a total of 1,035,900 shares traded. Over the past week, the price has changed by -3.78%, over one month by -3.21%, over three months by +4.64% and over the past year by +14.80%.
Current recommended Stop Loss: 14.20 (which is 3.9% or 1.7 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 | 28.6% |
P/E Trailing = 32.1087
P/E Forward = 15.7233
P/S = 5.0422
P/B = 2.1401
P/EG = 2.6188
Revenue TTM = 327.8m USD
EBIT TTM = 98.7m USD
EBITDA TTM = 190.2m USD
Long Term Debt = 440.9m USD (from longTermDebt, last quarter)
Short Term Debt = 494k USD (from shortTermDebt, last quarter)
Debt = 449.6m USD (from shortLongTermDebtTotal, last quarter) + Leases 4.33m
Net Debt = 412.4m USD (calculated: Debt 449.6m - CCE 37.2m)
Enterprise Value = 2.00b USD (1.59b + Debt 449.6m - CCE 37.2m)
Interest Coverage Ratio = 2.74 (Ebit TTM 98.7m / Interest Expense TTM 36.0m)
EV/FCF = 8.32x (Enterprise Value 2.00b / FCF TTM 241.0m)
FCF Yield = 12.03% (FCF TTM 241.0m / Enterprise Value 2.00b)
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 = 1.68 (Enterprise Value 2.00b / Total Assets 1.19b)
Interest Expense / Debt = 8.01% (Interest Expense 36.0m / Debt 449.6m)
Taxrate = 9.20% (703k / 7.64m)
NOPAT = 89.7m (EBIT 98.7m * (1 - 9.20%))
Current Ratio = 5.12 (Total Current Assets 84.7m / Total Current Liabilities 16.5m)
Debt / Equity = 0.66 (Debt 449.6m / totalStockholderEquity, last quarter 680.9m)
Debt / EBITDA = 2.17 (Net Debt 412.4m / EBITDA 190.2m)
Debt / FCF = 1.71 (Net Debt 412.4m / 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 = 8.68% (EBIT 98.7m / Capital Employed (Equity 696.7m + L.T.Debt 440.9m))
RoIC = 7.72% (NOPAT 89.7m / Invested Capital 1.16b)
WACC = 7.66% (E(1.59b)/V(2.04b) * Re(7.77%) + D(449.6m)/V(2.04b) * Rd(8.01%) * (1-Tc(0.09)))
Discount Rate = 7.77% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 46.67 | Cagr: 1.40%
[DCF] Terminal Value 77.97% ; FCFF base≈149.8m ; Y1≈171.7m ; Y5≈252.7m
[DCF] Fair Price = 34.37 (EV 3.80b - Net Debt 412.4m = Equity 3.39b / Shares 98.7m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -91.10 | EPS CAGR: -17.69% | SUE: 0.0 | # QB: 0
Revenue Correlation: 85.39 | Revenue CAGR: 9.70% | SUE: -0.82 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.23 | Chg30d=-11.54% | Revisions=N/A | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.23 | Chg30d=+4.55% | Revisions=N/A | Analysts=1
EPS current Year (2026-12-31): EPS=1.00 | Chg30d=+28.03% | Revisions=+14% | GrowthEPS=+40.3% | GrowthRev=+7.9%
EPS next Year (2027-12-31): EPS=0.92 | Chg30d=+35.56% | Revisions=+33% | GrowthEPS=-9.0% | GrowthRev=+1.9%
[Analyst] Revisions Ratio: +33%