Kimbell Royalty Partners LP KRP Stock Analysis
- NYSE
- Stock
- Market closed · opens Monday 9:30 AM ET
$15.15 up $0.12, 0.80% at close Nov 6
Last close · Previous close $15.03
- Market cap
- $1.63BAt the Nov 6 close
- P/E ratio
- 18.04On last 12 months’ EPS
- Diluted EPS
- $0.84Last 12 months
- Dividend yield
- 10.56%Last 12 months
Price chart
$15.15up $0.12, 0.80%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$15.03Nov 5
- Volume874.34KNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume808.90KLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $11.31 to $17.12; now $15.15
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
KRP beat the S&P 500 in 5 of 6 periods.
| Period | KRP and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | KRP: up 1.4% S&P 500: down 5.6% | KRP beat the S&P 500 by 7.0 percentage points Beat |
| 3M | KRP: up 7.7% S&P 500: down 4.1% | KRP beat the S&P 500 by 11.8 percentage points Beat |
| YTD | KRP: up 39.9% S&P 500: up 8.7% | KRP beat the S&P 500 by 31.2 percentage points Beat |
| 1Y | KRP: up 28.4% S&P 500: up 10.9% | KRP beat the S&P 500 by 17.5 percentage points Beat |
| Long term | ||
| 3Y | KRP: up 29.9% S&P 500: up 75.0% +9.1% vs +20.5% a year | KRP trailed the S&P 500 by 45.1 percentage points Trailed |
| 5Y | KRP: up 71.7% S&P 500: up 67.8% +11.4% vs +10.9% a year | KRP beat the S&P 500 by 3.9 percentage points Beat |
$10,000 invested in KRP 5 years ago (Nov 5, 2021) would be worth about $17,169 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $16,782.
KRP beat the S&P 500 in 4 of 6 periods.
| Period | KRP and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | KRP: up 1.4% S&P 500: down 5.6% | KRP beat the S&P 500 by 7.0 percentage points Beat |
| 3M | KRP: up 4.4% S&P 500: down 4.3% | KRP beat the S&P 500 by 8.7 percentage points Beat |
| YTD | KRP: up 28.8% S&P 500: up 7.8% | KRP beat the S&P 500 by 21.0 percentage points Beat |
| 1Y | KRP: up 15.1% S&P 500: up 9.7% | KRP beat the S&P 500 by 5.4 percentage points Beat |
| Long term | ||
| 3Y | KRP: down 7.7% S&P 500: up 68.8% −2.6% vs +19.1% a year | KRP trailed the S&P 500 by 76.5 percentage points Trailed |
| 5Y | KRP: up 0.9% S&P 500: up 56.9% +0.2% vs +9.4% a year | KRP trailed the S&P 500 by 56.0 percentage points Trailed |
$10,000 invested in KRP 5 years ago (Nov 5, 2021) would be worth about $10,093 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $15,694.
All-time high
$23.92
Closing high on . Now 36.7% below that record.
Split-adjusted daily closes since Feb 3, 2017.
Stock splits
KRP hasn’t split since its price history begins in 2017.
Valuation
The Nov 6 close compared with the last 12 months of reported results (the four quarters to Jun 30, 2026). Tap a metric to see how it’s calculated.
Price-to-earnings (P/E)
18.0×The Nov 6 close ÷ diluted EPS over the last 12 months ($0.84)
The range covers daily P/E ratios from Oct 28, 2021 to Nov 6, 2026, each based on the previous 12 months of earnings.
KRP trades at 18.0× its earnings over the last 12 months, below its 5-year median of 24.0×. In plain terms, buyers are paying about $18 for each $1 of profit from the past year. How to read P/E
Other valuation measures
- 4.8×Last 12 months’ revenue
Market value divided by revenue over the last 12 months. Useful when earnings are small or negative.
P/S = Market cap ÷ Revenue (last 12 months)Price-to-sales ratio - 2.8×Book value as of Jun 30, 2026
Price relative to accounting equity (book value) per share on the Jun 30, 2026 balance sheet. Asset-light companies often trade far above book value.
P/B = Price ÷ Book value per sharePrice-to-book ratio - 8.7×Last 12 months’ EBITDA
Enterprise value divided by EBITDA over the last 12 months. It compares companies with different amounts of debt.
EV/EBITDA = Enterprise value ÷ EBITDA (last 12 months)EV/EBITDA explained - 11.83%Last 12 months’ free cash flow
Free cash flow over the last 12 months as a share of the company’s market value: the cash the business generated for each dollar of stock.
FCF yield = Free cash flow (last 12 months) ÷ Market capFree cash flow - $2.07BAt the Nov 6 close
What it would cost to buy the whole business: the market cap at the Nov 6 close, plus debt, minus cash and short-term investments from the Jun 30, 2026 balance sheet.
EV = Market cap + Debt − Cash and short-term investmentsEV/EBITDA explained
Build your own KRP DCF in Excel. Value Kimbell Royalty Partners LP with your own growth and margin assumptions.Browse DCF models Free DCF calculator
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY26, the quarter ended Jun 30, 2026. “Last 12 months” means the four quarters from Jul 1, 2025 to Jun 30, 2026, and balance-sheet figures are as of Jun 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $341.09Mup 6.2%
- Net income
- $78.55M
- Diluted EPS
- $0.84
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY24 (Sep 30, 2024) | $83.79M | $17.38M | $0.22 |
| Q4 FY24 (Dec 31, 2024) | $66.72M | −$37.79M | −$0.50 |
| Q1 FY25 (Mar 31, 2025) | $84.21M | $17.86M | $0.20 |
| Q2 FY25 (Jun 30, 2025) | $86.55M | $2.01M | $0.02 |
| Q3 FY25 (Sep 30, 2025) | $80.62M | $17.01M | $0.19 |
| Q4 FY25 (Dec 31, 2025) | $82.45M | $19.16M | $0.21 |
| Q1 FY26 (Mar 31, 2026) | $65.54M | $3.97M | $0.04 |
| Q2 FY26 (Jun 30, 2026) | $112.48M | $38.41M | $0.40 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $135.62M | $22.62M | $0.51 |
| FY22 (Dec 31, 2022) | $248.06M | $111.97M | $1.72 |
| FY23 (Dec 31, 2023) | $294.07M | $60.14M | $0.91 |
| FY24 (Dec 31, 2024) | $309.31M | −$8.84M | −$0.12 |
| FY25 (Dec 31, 2025) | $333.83M | $56.04M | $0.62 |
Margins
- Gross 93.1%
- Operating 40.1%
- Net 23.0%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $193.17MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$237.72MLast 12 months
- Capital spending$44.55MLast 12 months
- 56.6%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $14.32MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$145.55MLast 12 months
- Total returned$159.87MLast 12 months
83% of free cash flow
Balance sheet
- $46.21MAs of Jun 30, 2026
Cash plus short- and long-term marketable securities on the Jun 30, 2026 balance sheet.
- Total debt$482.94MAs of Jun 30, 2026
- Net debt$436.73MAs of Jun 30, 2026
- 7.30As of Jun 30, 2026
Current assets divided by current liabilities on the Jun 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.84As of Jun 30, 2026
Total debt divided by shareholders’ equity on the Jun 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 7 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✓Operating cash flow exceeded net income: passed
- ✗Long-term debt fell relative to assets: not passed
- ✓Current ratio improved: passed
- ✓Share count didn’t rise: passed
- ✗Gross margin improved: not passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- 14.5%Last 12 months
Over the last 12 months, Kimbell Royalty Partners LP’s net income was 14.5% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 6.3%Last 12 months
Over the last 12 months, Kimbell Royalty Partners LP’s net income was 6.3% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $0.000 |
| 2017 | $0.84 |
| 2018 | $1.66 |
| 2019 | $1.58 |
| 2020 | $0.87 |
| 2021 | $1.14 |
| 2022 | $1.88 |
| 2023 | $1.73 |
| 2024 | $1.75 |
| 2025 | $1.60 |
| 2026 (to date) | $1.25 |
Dividend details
- $1.60Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- 10.56%; 5-yr low 6.32%, 5-yr high 15.46%Last 12 months
Dividends paid over the last 12 months as a share of the Nov 6 close. The bar shows where that yield sits in its range over the past five years; the median was 11.03%.
- $0.47Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
- FrequencyQuarterly4 payments in the last 12 months
- up 13.0% a yearFull years 2020–2025
The compound annual growth rate of the full-year dividend per share from 2020 to 2025.
- 190.5%Last 12 months
The share of earnings paid out as dividends over the last 12 months. Lower ratios leave more room to reinvest or raise the dividend.
Payout = Dividends per share ÷ Diluted EPS (both last 12 months)Payout ratio calculator
About Kimbell Royalty Partners LP
Kimbell is a leading oil and gas mineral and royalty company based in Fort Worth, Texas. Kimbell owns mineral and royalty interests in over 17 million gross acres in 28 states and in every major onshore basin in the continental United States, including ownership in more than 137,000 gross wells.
- Sector
- Energy
- Industry
- Oil & Gas E&P
- Headquarters
- Texas, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- NYSE
- Asset type
- Common stock
- Price history since
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KRP stock FAQ
What is KRP stock’s price today?
Kimbell Royalty Partners LP (KRP) traded at $15.15 at the close on , up $0.12 (0.80%) from the previous close of $15.03. Over the past 52 weeks it has traded between $11.31 and $17.12.
If you invested $1,000 in KRP 5 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in KRP on would be worth about $1,717 at the close on , a total return of +71.7%. The same $1,000 would be worth $1,284 if invested one year ago. Past performance doesn’t predict future returns.
What is Kimbell Royalty Partners LP’s market cap?
Kimbell Royalty Partners LP’s market capitalization is about $1.6 billion. That’s Tiingo’s daily market cap for , at that day’s closing price of $15.15 (how market cap works). Kimbell Royalty Partners LP reported 107.77M shares outstanding at the end of its latest quarter ().
What is KRP’s P/E ratio?
KRP trades at 18.0 times its diluted earnings over the four quarters to ($0.84 per share), at the close. Over the past five years its P/E has ranged from 8.3 to 267.0, with a median of 24.0. (How the P/E ratio works.)
How much revenue does Kimbell Royalty Partners LP make?
Kimbell Royalty Partners LP reported $341.1 million of revenue over the four quarters to , up 6.2% from the twelve months before. In its latest quarter (Q2 FY26, ended ) revenue was $112.5 million, up 30.0% from a year earlier.
Is Kimbell Royalty Partners LP profitable?
Yes. Kimbell Royalty Partners LP earned $78.5 million of net income over the four quarters to , a net margin of 23.0%, and its operating margin was 40.1% (what margins tell you).
What are KRP’s earnings per share?
KRP’s diluted earnings per share were $0.84 over the four quarters to , compared with −$0.06 in the twelve months before. The latest quarter (Q2 FY26) brought $0.40 per share, against $0.02 a year earlier (how EPS works).
Does KRP pay a dividend?
Yes. Kimbell Royalty Partners LP pays a quarterly dividend. The most recent was $0.47 per share, with an ex-dividend date of . Over the last twelve months it paid $1.60 per share, a 10.56% yield at the close (how dividend yield works).
Based on the last 12 months’ payments ($1.60 per share), and if the next 12 months match the last 12, 100 shares would receive about $160 over 12 months, and $1,000 over 12 months would take about 625 shares, roughly $9,469 at the close. Dividends can change.
What is KRP’s 52-week high and low?
Over the past 52 weeks KRP has traded as low as $11.31 and as high as $17.12. At $15.15 at the close on , it is 11.5% below that high and 34.0% above the low.
What is KRP’s all-time high?
KRP’s highest closing price was $23.92 on , adjusted for stock splits. At $15.15 at the close on , it is 36.7% below that record.
Has KRP stock ever split?
No. KRP hasn’t split since its price history begins in 2017.
How has KRP stock performed?
Including dividends and measured to the close on , KRP has returned +39.9% so far this year and +28.4% over the past year, and +71.7% over five years (+11.4% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is Kimbell Royalty Partners LP in?
Kimbell Royalty Partners LP is in the Energy sector and the Oil & Gas E&P industry, and is headquartered in Texas, USA.
What exchange does KRP trade on?
Kimbell Royalty Partners LP trades on the NYSE under the ticker symbol KRP. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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