Kimbell Royalty Partners Stock Today
| KRP Stock | USD 15.89 0.15 0.94% |
Performance18 of 100
| Odds Of DistressLess than 1
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Kimbell Royalty is selling at 15.89 as of the 16th of April 2024; that is -0.94 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 15.76. Kimbell Royalty has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Kimbell Royalty Partners are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain Energy | IPO Date 3rd of February 2017 |
Kimbell Royalty Partners, LP, together with its subsidiaries, acquires and owns mineral and royalty interests in oil and natural gas properties in the United States. The company was founded in 2013 and is based in Fort Worth, Texas. Kimbell Royalty operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange.. The company has 74.94 M outstanding shares of which 1.34 M shares are now shorted by investors with about 4.05 days to cover. More on Kimbell Royalty Partners
Moving together with Kimbell Stock
| 0.91 | AR | Antero Resources Corp Financial Report 24th of April 2024 | PairCorr |
| 0.95 | PR | Permian Resources Sell-off Trend | PairCorr |
| 0.91 | SD | SandRidge Energy | PairCorr |
| 0.95 | SM | SM Energy Financial Report 25th of April 2024 | PairCorr |
| 0.78 | DMLP | Dorchester Minerals | PairCorr |
| 0.92 | VIST | Vista Oil Gas Financial Report 23rd of April 2024 | PairCorr |
Moving against Kimbell Stock
| 0.79 | VIVK | Vivakor Report 23rd of May 2024 | PairCorr |
| 0.75 | EP | Empire Petroleum Corp | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 1st of May 2024
Kimbell Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Kimbell Royalty's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Kimbell Royalty or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Robert Ravnaas | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Kimbell Royalty report their recommendations after researching Kimbell Royalty's financial statements, talking to executives and customers, or listening in on Kimbell Royalty's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Kimbell Royalty Partners. The Kimbell consensus assessment is calculated by taking the average forecast from all of the analysts covering Kimbell Royalty. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Kimbell Royalty's financial statements, Kimbell Royalty Partners is performing exceptionally good at this time. It has a great risk to report excellent financial results in May. Financial strength of Kimbell Royalty Partners is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Kimbell Royalty's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Kimbell Royalty's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Kimbell Royalty's financial leverage. It provides some insight into what part of Kimbell Royalty's total assets is financed by creditors.
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Kimbell Royalty Partners (KRP) is traded on New York Stock Exchange in USA. It is located in 777 Taylor Street, Fort Worth, TX, United States, 76102 and employs 17 people. Kimbell Royalty is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.68 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kimbell Royalty's market, we take the total number of its shares issued and multiply it by Kimbell Royalty's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Kimbell Royalty Partners runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 74.94 M outstanding shares of which 1.34 M shares are now shorted by investors with about 4.05 days to cover.
Kimbell Royalty Partners has about 24.64 M in cash with 174.27 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25.
Check Kimbell Royalty Probability Of Bankruptcy
Ownership AllocationKimbell Royalty Partners maintains a total of 74.94 Million outstanding shares. 30% of Kimbell Royalty outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Kimbell Ownership Details
Kimbell Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Kimbell Royalty jumping above the current price in 90 days from now is about 10.13%. The Kimbell Royalty Partners probability density function shows the probability of Kimbell Royalty stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Kimbell Royalty has a beta of 0.7238. This indicates as returns on the market go up, Kimbell Royalty average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kimbell Royalty Partners will be expected to be much smaller as well. Additionally, kimbell Royalty Partners has an alpha of 0.1213, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Kimbell Royalty to move above the current price in 90 days from now is about 10.13 (This Kimbell Royalty Partners probability density function shows the probability of Kimbell Stock to fall within a particular range of prices over 90 days) .
Kimbell Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Kimbell Royalty that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Kimbell Royalty's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Kimbell Royalty's value.| Instituion | Recorded On | Shares | |
| Raymond James Finl Svs Advisors, Inc. | 2023-12-31 | 521.7 K | |
| Yaupon Capital Management Lp | 2023-12-31 | 516.9 K | |
| Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 474.7 K | |
| King Luther Capital Management Corp | 2023-12-31 | 433.9 K | |
| Vanguard Group Inc | 2023-12-31 | 389 K | |
| Nokomis Capital Llc | 2023-09-30 | 376.4 K | |
| Scout Investment Advisors Inc | 2023-12-31 | 317.5 K | |
| Ameriprise Financial Inc | 2023-12-31 | 307.7 K | |
| First Financial Bankshares Inc | 2023-12-31 | 279.1 K | |
| Encap Energy Capital Fund Viii, L.p. | 2023-12-31 | 4.5 M | |
| T. Rowe Price Investment Management,inc. | 2023-12-31 | 2.3 M |
Kimbell Royalty Historical Income Statement
Kimbell Royalty Partners Income Statement is one of the three primary financial statements used for reporting Kimbell's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Kimbell Royalty Partners revenue and expense. Kimbell Royalty Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Kimbell Royalty's EBIT is relatively stable compared to the past year. As of 04/16/2024, EBITDA is likely to grow to about 217.7 M, while Cost Of Revenue is likely to drop slightly above 111 M. View More FundamentalsKimbell Stock Against Markets
Picking the right benchmark for Kimbell Royalty stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Kimbell Royalty stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Kimbell Royalty is critical whether you are bullish or bearish towards Kimbell Royalty Partners at a given time. Please also check how Kimbell Royalty's historical prices are related to one of the top price index indicators.
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Kimbell Royalty Corporate Directors
Kimbell Royalty corporate directors refer to members of a Kimbell Royalty board of directors. The board of directors generally takes responsibility for the Kimbell Royalty's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Kimbell Royalty's board members must vote for the resolution. The Kimbell Royalty board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| William Adams | Independent Director of the General Partner | Profile | |
| Mitch Wynne | Director of the General Partner | Profile | |
| Erik Daugbjerg | Independent Director of our General Partner | Profile | |
| Craig Stone | Independent Director of the General Partner | Profile |
How to buy Kimbell Stock?
Before investing in Kimbell Royalty, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Kimbell Royalty. To buy Kimbell Royalty stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Kimbell Royalty. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Kimbell Royalty stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Kimbell Royalty Partners stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Kimbell Royalty Partners stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Kimbell Royalty Partners, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Kimbell Stock please use our How to Invest in Kimbell Royalty guide.
Already Invested in Kimbell Royalty Partners?
The danger of trading Kimbell Royalty Partners is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Kimbell Royalty is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Kimbell Royalty. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Kimbell Royalty Partners is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Kimbell Royalty Partners is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kimbell Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kimbell Royalty Partners Stock. Highlighted below are key reports to facilitate an investment decision about Kimbell Royalty Partners Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kimbell Royalty Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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When running Kimbell Royalty's price analysis, check to measure Kimbell Royalty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kimbell Royalty is operating at the current time. Most of Kimbell Royalty's value examination focuses on studying past and present price action to predict the probability of Kimbell Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kimbell Royalty's price. Additionally, you may evaluate how the addition of Kimbell Royalty to your portfolios can decrease your overall portfolio volatility.
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Is Kimbell Royalty's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kimbell Royalty. If investors know Kimbell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kimbell Royalty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72) | Dividend Share 1.68 | Earnings Share 0.91 | Revenue Per Share 4.102 | Quarterly Revenue Growth 0.291 |
The market value of Kimbell Royalty Partners is measured differently than its book value, which is the value of Kimbell that is recorded on the company's balance sheet. Investors also form their own opinion of Kimbell Royalty's value that differs from its market value or its book value, called intrinsic value, which is Kimbell Royalty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kimbell Royalty's market value can be influenced by many factors that don't directly affect Kimbell Royalty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kimbell Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kimbell Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kimbell Royalty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.