Kimbell Royalty Partners LP

Company Profile

Kimbell Royalty Partners LP had its IPO on 2017-02-03 under the ticker symbol KRP.

The company operates in the Energy sector and Oil & Gas E&P industry. Kimbell Royalty Partners LP has a staff strength of 0 employees.

Stock update

Shares of Kimbell Royalty Partners LP opened at $15.25 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $15.17 - $15.53, and closed at $15.53.

This is a +2.44% increase from the previous day's closing price.

A total volume of 435,437 shares were traded at the close of the day’s session.

In the last one week, shares of Kimbell Royalty Partners LP have slipped by -1.15%.

Kimbell Royalty Partners LP's Key Ratios

Kimbell Royalty Partners LP has a market cap of $1.54 billion, indicating a price to book ratio of 2.0442 and a price to sales ratio of 8.7533.

In the last 12-months Kimbell Royalty Partners LP’s revenue was $255.47 million with a gross profit of $268.80 million and an EBITDA of $207.21 million. The EBITDA ratio measures Kimbell Royalty Partners LP's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Kimbell Royalty Partners LP’s operating margin was 55.56% while its return on assets stood at 10% with a return of equity of 20.7%.

In Q2, Kimbell Royalty Partners LP’s quarterly earnings growth was a negative -57.5% while revenue growth was a negative 27.2%.

Kimbell Royalty Partners LP’s PE and PEG Ratio

Forward PE

9.5969

Trailing PE

8.3297

PEG

0

Its diluted EPS in the last 12-months stands at $1.82 per share while it has a forward price to earnings multiple of 9.5969 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Kimbell Royalty Partners LP’s profitability.

Kimbell Royalty Partners LP stock is trading at a EV to sales ratio of 4.3438 and a EV to EBITDA ratio of 6.3571. Its price to sales ratio in the trailing 12-months stood at 8.7533.

Kimbell Royalty Partners LP stock pays annual dividends of $1.71 per share, indicating a yield of 10.29% and a payout ratio of 103.01%.

Balance sheet and cash flow metrics

Total Assets

$934.19 million

Total Liabilities

$10.14 million

Operating Cash Flow

$200.20 million

Capital Expenditure

$43.93 million

Dividend Payout Ratio

103.01%

Kimbell Royalty Partners LP ended 2024 with $934.19 million in total assets and $0 in total liabilities. Its intangible assets were valued at $934.19 million while shareholder equity stood at $597.22 million.

Kimbell Royalty Partners LP ended 2024 with $0 in deferred long-term liabilities, $10.14 million in other current liabilities, 597220000.00 in common stock, $0 in retained earnings and $0 in goodwill. Its cash balance stood at $20.78 million and cash and short-term investments were $20.78 million. The company’s total short-term debt was $270,199,089 while long-term debt stood at $269.60 million.

Kimbell Royalty Partners LP’s total current assets stands at $70.72 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $48.14 million compared to accounts payable of $1.37 million and inventory worth $-48142112.00.

In 2024, Kimbell Royalty Partners LP's operating cash flow was $200.20 million while its capital expenditure stood at $43.93 million.

Comparatively, Kimbell Royalty Partners LP paid $1.03 in dividends in 2024.

Other key metrics

Current Trading Price

$15.53

52-Week High

$17.8059

52-Week Low

$13.1885

Analyst Target Price

$22

Kimbell Royalty Partners LP stock is currently trading at $15.53 per share. It touched a 52-week high of $17.8059 and a 52-week low of $17.8059. Analysts tracking the stock have a 12-month average target price of $22.

Its 50-day moving average was $14.85 and 200-day moving average was $14.85 The short ratio stood at 0.97 indicating a short percent outstanding of 0%.

Around 609% of the company’s stock are held by insiders while 4587.1% are held by institutions.